PPM LOAN MANAGEMENT COMPANY 2, LLC
Adviser information for PPM LOAN MANAGEMENT COMPANY 2, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 10 |
|---|---|
| Investment Advisory/Research | 5 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6 | $2.2B |
| Non-Discretionary | 0 | $0 |
| Total | 6 | $2.2B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 6 | $2.2B |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 100 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-113539 |
|---|---|
| SEC ERA File Number | 801-113539 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 297186 |
| Legal Entity Identifier | 549300KJ9CX65XEJIJ14 |
Principal Office
225 W WACKER DRSUITE 1200
CHICAGO
IL
United States
Monday - Friday, 8 A.M. - 5 P.M.
Tel: 312-634-2500, Fax: None
Chief Compliance Officer
THOMAS BARRUS
SR. VP, CHIEF COMPLIANCE OFFICER
225 W WACKER DR
SUITE 1200
CHICAGO
IL
United States
Tel:
312.634.2607
T************@*************M
(Full email address available in API data)
Regulatory Contact
MARY CAPASSO
EVP, CHIEF OPERATING OFFICER, GENERAL COUNSEL, AND SECRETARY
225 W WACKER DR
SUITE 1200
CHICAGO
IL
United States
Tel:
312.843.5905
M***********@*************M
(Full email address available in API data)
Industry Affiliates
| BROOKE LIFE INSURANCE COMPANY | Insurance company or agency |
| JACKSON NATIONAL ASSET MANAGEMENT, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| JACKSON NATIONAL LIFE DISTRIBUTORS LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| JACKSON NATIONAL LIFE INSURANCE COMPANY | Insurance company or agency |
| PPM AMERICA CAPITAL PARTNERS III, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA CAPITAL PARTNERS IV, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA CAPITAL PARTNERS V, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA CAPITAL PARTNERS VI, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA CAPITAL PARTNERS VII, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA CAPITAL PARTNERS VIII, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| PPM AMERICA INC | Other investment adviser, including financial planners |
| PPM POMONA CAPITAL PARTNERS, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| PPM CLO 2 LTD. | Securitized Asset Fund | $378.6M | $0.3M | 1 |
| PPM CLO 2018-1 LTD. | Securitized Asset Fund | $361.3M | $0.3M | 1 |
| PPM CLO 3 LTD. | Securitized Asset Fund | $384.2M | $0.3M | 1 |
| PPM CLO 4 LTD. | Securitized Asset Fund | $339.1M | $0.3M | 1 |
| PPM CLO 5 LTD. | Securitized Asset Fund | $388.9M | $0.3M | 1 |
| PPM CLO 6-R LTD. | Securitized Asset Fund | $391.1M | $0.3M | 1 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SMITH, CRAIG, DONALD | Individual | – | PRESIDENT, CHIEF EXECUTIVE OFFICER, DIRECTOR | 01/2021 | < 5% |
| BARRUS, THOMAS, RICHARD | Individual | – | SENIOR VICE PRESIDENT, CHIEF COMPLIANCE OFFICER | 05/2018 | < 5% |
| CAPASSO, MARY, T | Individual | – | EXECUTIVE VICE PRESIDENT, CHIEF OPERATING OFFICER, GENERAL COUNSEL | 01/2021 | < 5% |
| BROOKE LIFE INSURANCE COMPANY | Domestic Entity | JACKSON NATIONAL LIFE INSURANCE COMPANY | SOLE SHAREHOLDER | 06/1995 | > 75% |
| PPM HOLDINGS, INC. | Domestic Entity | PPM AMERICA INC | SOLE SHAREHOLDER | 02/1996 | > 75% |
| JACKSON HOLDINGS, LLC | Domestic Entity | BROOKE LIFE INSURANCE COMPANY | SOLE SHAREHOLDER | 03/2006 | > 75% |
| JACKSON HOLDINGS, LLC | Domestic Entity | PPM HOLDINGS, INC. | SOLE SHAREHOLDER | 03/2006 | > 75% |
| JACKSON FINANCIAL INC. | Domestic Entity | JACKSON HOLDINGS, LLC | SOLE SHAREHOLDER | 08/2011 | > 75% |
| Jordan, Oliver | Individual | – | EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER, TREASURER | 01/2021 | < 5% |
| JACKSON NATIONAL LIFE INSURANCE COMPANY | Domestic Entity | – | SOLE MEMBER OF "RETENTION SERIES" OF APPLICANT | 02/2022 | > 75% |
| PPM AMERICA INC | Domestic Entity | – | SOLE MEMBER OF "MANGEMENT AND ORIGINATOR SERIES" OF APPLICANT | 01/2022 | > 75% |
| Wadsten, Marcia, Lynn | Individual | – | DIRECTOR | 01/2023 | < 5% |