1988 ASSET MANAGEMENT, LLC
Adviser information for 1988 ASSET MANAGEMENT, 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 | 70 |
|---|---|
| Investment Advisory/Research | 33 |
| Registered Broker-Dealer Representatives | 15 |
| 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 | 3 | $1.2B |
| Non-Discretionary | 0 | $0 |
| Total | 3 | $1.2B |
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 | 3 | $1.2B |
| 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 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-125977 |
|---|---|
| SEC ERA File Number | 801-125977 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 319422 |
| Legal Entity Identifier | None |
Principal Office
450 PARK AVENUENEW YORK
NY
United States
Monday - Friday, 8AM - 5PM
Tel: 212-888-3413, Fax: 212-888-4368
Chief Compliance Officer
STEVEN KREINIK
450 PARK AVENUE
NEW YORK
NY
United States
Tel:
212-888-3413
Fax:
212-888-4368
S*******@***********M
(Full email address available in API data)
Industry Affiliates
| MUZINICH & CO. (IRELAND) LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| MUZINICH & CO. (JAPAN) PTE. LIMITED | Other investment adviser, including financial planners |
| MUZINICH & CO. (SINGAPORE) PTE. LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MUZINICH & CO. (SWITZERLAND) AG | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
| MUZINICH & CO. LIMITED | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MUZINICH & CO. SGR S.P.A. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| MUZINICH & CO., INC. | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MUZINICH ALTERNATIVE INVESTMENT FUNDS GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH ASIA PACIFIC PRIVATE DEBT I GENERAL PARTNER, S.A.R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH AVIATION SPECIAL OPPORTUNITIES I GENERAL PARTNER, S.A R.L. | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| MUZINICH BDC ADVISER, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MUZINICH CAPITAL LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| MUZINICH DIRECT LENDING ADVISER, LLC | Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor |
| MUZINICH DIVERSIFIED ENTERPRISES CREDIT II GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH EUROPEAN PRIVATE DEBT, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH EUROPEAN SENIOR SECURED PRIVATE DEBT I GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH GLOBAL PRIVATE DEBT FEEDER I GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH HIGH INCOME FLOATING RATE FUND GP, LLC | Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles |
| MUZINICH PAN-EUROPEAN PRIVATE DEBT GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH PAN-EUROPEAN PRIVATE DEBT II GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH PAN-EUROPEAN PRIVATE DEBT III GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH US PRIVATE DEBT GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
| MUZINICH US PRIVATE DEBT II GENERAL PARTNER, S.A R.L. | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| 1988 CLO 1 LTD. | Securitized Asset Fund | $405.4M | $0.1M | 8 |
| 1988 CLO 2 LTD. | Securitized Asset Fund | $413.0M | $0.1M | 9 |
| 1988 CLO 3 LTD. | Securitized Asset Fund | $412.6M | $0.1M | 8 |
| 1988 PARK AVENUE CLO 1 LTD. | Securitized Asset Fund | $138.8M | $0.3M | 8 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MUZINICH & CO., INC. | Domestic Entity | – | SOLE MEMBER | 02/2022 | > 75% |
| KREINIK, STEVEN, MARC | Individual | – | CHIEF COMPLIANCE OFFICER | 02/2022 | < 5% |
| CLARK, MARK, WILLIAM | Individual | – | CO-CHIEF FINANCIAL OFFICER | 02/2022 | < 5% |
| FEHRE, PAUL | Individual | – | CHIEF OPERATING OFFICER | 02/2022 | < 5% |
| MUZINICH, GEORGE, MILAN | Individual | – | EXECUTIVE CHAIRMAN | 02/2022 | < 5% |
| RIVKIN, CHERYL, OBEDIN | Individual | – | CHIEF ADMINISTRATIVE OFFICER | 02/2022 | < 5% |
| MUZINICH, GEORGE, MILAN | Individual | MUZINICH & CO., INC. | EXECUTIVE CHAIRMAN | 07/1988 | > 75% |
| LUDWIG, MICHAEL | Individual | – | CO-CHIEF FINANCIAL OFFICER | 02/2022 | < 5% |
| KAUFMAN, ADAM, KYLE | Individual | – | CHIEF LEGAL OFFICER & GLOBAL GENERAL COUNSEL | 02/2022 | < 5% |
| MUZINICH, JUSTIN, GEORGE | Individual | – | CEO | 02/2022 | < 5% |