Deer Park Road Management Company, LP (Steamboat Springs)
Deer Park Road Management Company, LP is a large advisory firm based in Steamboat Springs. It manages $3.41 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Colorado.
Deer Park Road Management Company provides portfolio management for investment companies, portfolio management for pooled investment vehicles, and general partner of private funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Deer Park Road Management Company: assets under management
The assets under management (AUM) of Deer Park Road Management Company, LP is $3.41 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 101% since the beginning of its operation, and $2.7 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Deer Park Road Management Company, LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Deer Park Road Management Company serves?
The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of Deer Park Road Management Company is pooled investment vehicles with 6 clients and $2.7 billion of assets under management. Among the 11 most similar advisory firms, Deer Park Road Management Company has the 6th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $3.41 billion for 7 clients. 57% of the firm’s clients are foreign persons or businesses.
Deer Park Road Management Company also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $3,000,000.
Careers at Deer Park Road Management Company, LP
The company employs 23 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 4 indirect owners.Based in Steamboat Springs
The principal office where Deer Park Road Management Company, LP performs its advisory services is located at 1195 Bangtail Way, Steamboat Springs, CO 80487, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 970-457-4340 or by fax 970-797-4002. The normal business hours are 7:30 a.m. - 4 p.m. on Monday - Friday. You can find more information about the New York firm at deerparkrd.com.
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