Hedge Fund Database

WESTERN ASSET MANAGEMENT COMPANY

WESTERN ASSET MANAGEMENT COMPANY, LLC Legal Name

Adviser information for WESTERN ASSET MANAGEMENT COMPANY last updated from Form ADV on December 20th, 2023. 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 SEPTEMBER
Legal Location California, United States

Employees

Total Number of Employees 563
Investment Advisory/Research 114
Registered Broker-Dealer Representatives 50
Registered State Investment Advisers 1
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 36,135 $308.5B
Non-Discretionary 2 $5.3B
Total 36,137 $313.8B

Clients

Type Number RAUM
Individuals 32,294 $7.7B
HNW Individuals 934 $3.3B
Banking or thrift institutions <5 $0
Investment companies 87 $109.1B
Business development companies 0 $0
Pooled investment vehicles 87 $32.9B
Pension and profit sharing plans 849 $38.3B
Charitable organizations 729 $13.6B
State or municipal gov entities 68 $29.0B
Other investment advisers <5 $5.4B
Insurance companies 44 $42.1B
Sovereign wealth funds and foreign official institutions 10 $17.0B
Corporations or other businesses 1,031 $15.4B
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 1

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients
Compensation % of AUMPerformance-based fees
Other Business Activities Commodity pool operator or commodity trading advisor

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 20.6B
Both for Same 0
Portfolio Manager to Program Sponsor
CONSULTING AND EVALUATION SERVICES CITIGROUP GLOBAL MARKETS INC.
RECOMMENDED MANAGERS PROGRAM ROBERT W. BAIRD & CO. INCORPORATED
ARVEST MANAGED ACCOUNT SOLUTIONS ARVEST WEALTH MANAGEMENT
IFP MANAGED ACCOUNT PROGRAM INDEPENDENT FINANCIAL PARTNERS
WEALTH ARCHITECT ENVESTNET PMC
UMBRELLA PORTFOLIOS INVESTMENT MANAGEMENT PROGRAM/GMP SERVICES PROGRAM CITIGROUP GLOBAL MARKETS INC.
MANAGER ACCESS SELECT LPL FINANCIAL LLC
STRATEGIC WEALTH PORTFOLIO PROGRAM SWP UBS FINANCIAL SERVICES INC.
DYNAMIC ALLOCATION PORTFOLIO UMA PROGRAM CITIGROUP GLOBAL MARKETS INC.
MANAGED ACCOUNT ACCESS CHARLES SCHWAB & CO., INC.
ADVISOR ALLOCATION PROGRAM (AAP) UBS FINANCIAL SERVICES INC.
CONSULTING SERVICES RAYMOND JAMES & ASSOCIATES, INC.
ADVISER'S PROGRAM JANNEY MONTGOMERY SCOTT LLC
CLASSIC PROGRAM JANNEY MONTGOMERY SCOTT LLC
MANAGED ACCOUNT SOLUTIONS ENVESTNET PMC
STIFEL OPPORTUNITY PROGRAM STIFEL, NICOLAUS & COMPANY, INCORPORATED
PERSONALIZED UNIFIED MANAGED ACCOUNT PROGRAM WELLS FARGO CLEARING SERVICES, LLC
PRIVATE ADVISOR NETWORK WELLS FARGO CLEARING SERVICES, LLC
LEGG MASON PRIVATE PORTFOLIOS PROGRAM (LM DIRECT) CITIGROUP GLOBAL MARKETS INC.
MANAGED ACCOUNT PROGRAM RBC CAPITAL MARKETS, LLC
INSTITUTIONAL CONSULTING PROGRAM UBS FINANCIAL SERVICES INC.
SELECT PORTFOLIOS MANAGED ACCOUNTS PROGRAM ESSEX FINANCIAL SERVICES, INC.
OUTSIDE MANAGED PROGRAM RAYMOND JAMES & ASSOCIATES, INC.
SEI MANAGED ACCOUNT PROGRAM ("MAP") SEI INVESTMENTS MANAGEMENT CORP
SELECT SEPERATE ACCOUNT PROGRAM AMERIPRISE FINANCIAL SERVICES, LLC
FIDUCIARY SERVICES PROGRAM CITIGROUP GLOBAL MARKETS INC.
MANAGER SELECTION PROGRAM CITIGROUP GLOBAL MARKETS INC.
MANAGER SELECT LPL FINANCIAL LLC
MANAGED ACCOUNT SERVICE PROGRAM MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
SEPARATELY MANAGED PORTFOLIOS (NON-COVERED) PROGRAM BENJAMIN F. EDWARDS & COMPANY, INCORPORATED
MANAGED ACCOUNT SELECT CHARLES SCHWAB & CO., INC.
MANAGED ACCOUNT CONSULTING ("MAC") PROGRAM UBS FINANCIAL SERVICES INC.
MANAGED ACCOUNT CONSULTING ("MAC") D.A. DAVIDSON & CO.
MANAGED ACCOUNT RESOURCE ENVESTNET PMC
STEPHENS MANAGED ASSETS PROGRAM STEPHENS
CONSULTING GROUP SELECT UMA MORGAN STANLEY
CONSULTING AND EVALUATION SERVICES MORGAN STANLEY
STRATEGIC PORTFOLIO ADVISOR PROGRAM MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
MANAGED 360 PROGRAM BNY MELLON ADVISORS, INC.
CONSULTING SOLUTIONS PROGRAM RBC CAPITAL MARKETS, LLC
BAIRD ADVISORY CHOICE PROGRAM ROBERT W. BAIRD & CO. INCORPORATED
ACCESS UBS FINANCIAL SERVICES INC.
KIS SEPARATELY MANAGED ACCOUNT KEY INVESTMENT SERVICES LLC
SANCTUARY SECURITIES PROGRAM SANCTUARY SECURITIES, INC.
INVESTMENT MANAGEMENT SERVICES MORGAN STANLEY
STAR DUAL CONTRACT PROGRAM OPPENHEIMER ASSET MANAGEMENT
MERRILL LYNCH INVESTMENT ADVISORY PROGRAM MANAGED ACCOUNT ADVISORS LLC
NO PROGRAM NAME BOLTON GLOBAL ASSET MANAGEMENT
NO PROGRAM NAME DYNASTY WEALTH MANAGEMENT, LLC
FIDELITY MANAGED ACCOUNT XCHANGE (FMAX PLATFORM) FIDELITY INSTITUTIONAL WEALTH ADVISER LLC
NO PROGRAM NAME INSIGNEO ADVISORY SERVICES, LLC
PREMIUM ACCESS STRATEGIES MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
NO PROGRAM NAME NEW EDGE WEALTH
PRIMERICA ADVISORS LIFETIME INVESTMENT PROGRAM PRIMERICA ADVISORS

Identifiers

SEC RIA File Number 801-8162
SEC ERA File Number 801-8162
SEC CIK Numbers 1138897
SEC CRD Numbers 110441
Legal Entity Identifier 549300C5A561UXUICN46

Principal Office

385 E. COLORADO BLVD.
PASADENA
CA
United States
Monday - Friday, 8:00 A.M. - 5:00 P.M.
Tel: 626-844-9400, Fax: 626-844-9450

Websites

www.linkedin.com/company/western-asset-management/ www.facebook.com/westernasset/ twitter.com/westernasset/ www.westernasset.com/

Chief Compliance Officer

DANIEL GIDDINGS
GLOBAL CHIEF COMPLIANCE OFFICER
385 E. COLORADO BLVD.
PASADENA
CA
United States
Tel: 626-844-9486
(Full email address available in API data)

Regulatory Contact

JENNIFER HERRON
REGULATORY COMPLIANCE OFFICER
385 E. COLORADO BLVD.
PASADENA
CA
United States
(Full email address available in API data)

Industry Affiliates

FRANKLIN DISTRIBUTORS, LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
FRANKLIN TEMPLETON FUND ADVISER, LLC Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor
FRANKLIN TEMPLETON INTERNATIONAL SERVICES S.A R.L. Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial plannersCommodity pool operator or commodity trading advisor
FRANKLIN TEMPLETON JAPAN CO., LTD. Other investment adviser, including financial planners
FRANKLIN TEMPLETON PRIVATE PORTFOLIO GROUP, LLC Other investment adviser, including financial planners
K2/D&S MANAGEMENT CO., L.L.C. Other investment adviser, including financial plannersCommodity pool operator or commodity trading advisor
WESTERN ASSET MANAGEMENT COMPANY DISTRIBUIDORA DE TITULOS E VALO Other investment adviser, including financial planners
WESTERN ASSET MANAGEMENT COMPANY LIMITED Other investment adviser, including financial planners
WESTERN ASSET MANAGEMENT COMPANY LTD Other investment adviser, including financial planners
WESTERN ASSET MANAGEMENT COMPANY PTE LTD Other investment adviser, including financial planners
WESTERN ASSET MANAGEMENT COMPANY PTY LTD Other investment adviser, including financial planners

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
CROWN CITY CLO I Securitized Asset Fund $345.3M $0.0M 0
CROWN CITY CLO I KE LLC Securitized Asset Fund $2.9M $0.0M 0
CROWN CITY CLO II Securitized Asset Fund $344.8M $0.0M 0
CROWN CITY CLO III Securitized Asset Fund $344.0M $0.0M 0
CROWN CITY CLO IV Securitized Asset Fund $359.5M $0.0M 0
CROWN CITY CLO V Hedge Fund $359.6M $0.0M 0
DASH II CDO Securitized Asset Fund $15.9M $0.0M 0
HUNTINGTON CDO Securitized Asset Fund $58.8M $0.0M 0
MOUNTAIN HAWK III CLO, LTD. Securitized Asset Fund $89.7M $0.0M 0
MT. WILSON II CLO-CDO Securitized Asset Fund $0.2M $0.0M 0
PALISADES CDO Securitized Asset Fund $46.2M $0.0M 0
SIERRA MADRE FUNDING Securitized Asset Fund $130.6M $0.0M 0
WA OPPORTUNISTIC ASIAN SECURITIES PORTFOLIO LLC Hedge Fund $48.3M $0.0M 6
WESTERN ASSET CHINA BOND FUND, LLC Hedge Fund $35.1M $0.0M 7
WESTERN ASSET CLAYMORE INFLATION-LINKED OPPORTUNITIES & INCOME FUND CFC CONTROLLED FOREIGN CORPORATION $57.4M $0.0M 0
WESTERN ASSET CLAYMORE INFLATION-LINKED SECURITIES & INCOME FUND CFC CONTROLLED FOREIGN CORPORATION $24.7M $0.0M 0
WESTERN ASSET DYNAMIC FIXED INCOME PORTFOLIO MASTER FUND, LTD. Hedge Fund $234.6M $0.0M 9
WESTERN ASSET EMERGING MARKETS CORPORATE CREDIT PORTFOLIO LLC Hedge Fund $115.9M $0.0M 19
WESTERN ASSET EMERGING MARKETS DIVERSIFIED DEBT FUND LLC Hedge Fund $107.3M $0.0M 6
WESTERN ASSET EMERGING MARKETS LOCAL DEBT PORTFOLIO LLC Hedge Fund $105.2M $0.0M 25
WESTERN ASSET FLOATING RATE HIGH INCOME FUND LLC Hedge Fund $577.5M $0.0M 61
WESTERN ASSET FRONTIER FUND, LTD. Hedge Fund $86.5M $0.0M 8
WESTERN ASSET GLOBAL MULTI-SECTOR LLC Hedge Fund $156.7M $0.0M 13
WESTERN ASSET GLOBAL REAL BOND FUND LTD Hedge Fund $567.8M $0.0M 0
WESTERN ASSET GLOBAL SOVEREIGN FIXED INCOME LTD Hedge Fund $10.1M $0.0M 3
WESTERN ASSET GLOBAL SOVEREIGNQ FIXED INCOME LTD Hedge Fund $1.7M $0.0M 2
WESTERN ASSET INDIA BOND FUND LLC Hedge Fund $155.5M $0.0M 13
WESTERN ASSET INSTITUTIONAL CASH RESERVES, LTD. Liquidity Fund $4,306.1M $1.0M 0
WESTERN ASSET MACRO OPPORTUNITIES ALTERNATIVES FUND, LTD. Hedge Fund $283.8M $0.0M 4
WESTERN ASSET MACRO OPPORTUNITIES PORTFOLIO MASTER Hedge Fund $891.4M $0.0M 26
WESTERN ASSET MANAGED CURRENCY LTD Hedge Fund $49.8M $0.0M 4
WESTERN ASSET MORTGAGE BACKED SECURITIES PORTFOLIO LLC Hedge Fund $1,106.8M $0.0M 23
WESTERN ASSET MORTGAGE OPPORTUNITY FUND, LP Private Equity Fund $16.1M $0.0M 8
WESTERN ASSET OPPORTUNISTIC EXTENDED DURATION PORTFOLIO LLC Securitized Asset Fund $0.1M $0.0M 0
WESTERN ASSET OPPORTUNISTIC STRUCTURED SECURITIES PORTFOLIO LLC Hedge Fund $303.8M $0.0M 26
WESTERN ASSET OPPORTUNISTIC US$ HIGH YIELD SECURITIES PORTFOLIO LLC Hedge Fund $468.6M $0.0M 64
WESTERN ASSET OPPORTUNISTIC VALUE PORTFOLIO LLC Hedge Fund $20.6M $0.0M 2
WESTERN ASSET OPPORTUNITY FUND LP Hedge Fund $78.0M $0.0M 2
WESTERN ASSET RISK BALANCED CREDIT LLC Hedge Fund $11.5M $0.0M 4
WESTERN ASSET SHORT-DATED HIGH YIELD PORTFOLIO MASTER FUND, LTD Hedge Fund $90.8M $0.0M 8
WESTERN ASSET STRATEGIC US$ HIGH YIELD PORTFOLIO LLC Hedge Fund $167.8M $0.0M 8
WESTERN ASSET STRUCTURED PRODUCT OPPORTUNITIES MASTER FUND, LTD Hedge Fund $160.2M $0.0M 7
WESTERN ASSET SUSTAINABLE MACRO OPPORTUNITIES, LTD Hedge Fund $70.7M $0.0M 2
WESTERN ASSET TOTAL RETURN UNCONSTRAINED (TRU) BOND MASTER FUND LTD. Hedge Fund $582.5M $0.0M 24
WESTERN ASSET US CORE BOND FUND LLC Hedge Fund $695.7M $0.0M 20
WESTERN ASSET US CORE PLUS LLC Hedge Fund $3,703.6M $0.0M 117
WESTERN ASSET US ESG CORE PLUS FUND LLC Hedge Fund $110.9M $0.0M 7
WESTERN ASSET US INTERMEDIATE PLUS LLC Hedge Fund $422.7M $0.0M 13
WESTERN ASSET US LONG DURATION LLC Hedge Fund $435.5M $0.0M 11

Control Persons

Name Type Entity Title Since Ownership
HIRSCHMANN, JAMES, WILLIAM Individual – DIRECTOR, CHIEF EXECUTIVE OFFICER AND PRESIDENT 04/1989 < 5%
LEGG MASON, INC. Domestic Entity – SOLE SHAREHOLDER OF APPLICANT 12/1986 > 75%
BERNARDI, MARZO, NMN Individual – DIRECTOR OF CLIENT SERVICE AND MARKETING 05/2015 < 5%
PLAFKER, JED, ANDREW Individual – NON-EMPLOYEE DIRECTOR 07/2020 < 5%
FRANKLIN RESOURCES, INC. Domestic Entity LEGG MASON, INC. SOLE SHAREHOLDER OF LEGG MASON, INC. 07/2020 > 75%
JOHNSON, JENNIFER, MORROW Individual – NON-EMPLOYEE DIRECTOR 07/2020 < 5%
NICHOLLS, MATTHEW Individual – NON-EMPLOYEE DIRECTOR 07/2020 < 5%
Hoffmann, Courtney, Ann Individual – GENERAL COUNSEL AND SECRETARY 07/2022 < 5%
GIDDINGS, DANIEL, EVERETT Individual – GLOBAL CHIEF COMPLIANCE OFFICER 03/2023 < 5%
FISCHER, CONNIE, SUE Individual – DIRECTOR OF PORTFOLIO OPERATIONS 02/2023 < 5%
BUCHANAN, MICHAEL, CARLTON Individual – DIRECTOR AND CO-CHIEF INVESTMENT OFFICER 09/2023 < 5%

No. Employees, Historic

7003500201920202021202220232024637 on 5/31/2019637 on 6/28/2019637 on 12/10/2019637 on 3/24/2020637 on 5/26/2020638 on 6/26/2020638 on 6/26/2020638 on 8/7/2020638 on 8/31/2020638 on 12/10/2020514 on 6/25/2021514 on 8/3/2021514 on 10/15/2021514 on 11/29/2021567 on 12/21/2021567 on 7/26/2022567 on 7/27/2022567 on 12/1/2022563 on 12/22/2022563 on 4/25/2023563 on 4/25/2023563 on 5/8/2023563 on 6/1/2023563 on 12/20/2023

RAUM, Historic

500B250B0201920202021202220232024348010461986 on 5/31/2019358581336937 on 6/28/2019358581336937 on 12/10/2019358581336937 on 3/24/2020358581336937 on 5/26/2020397765478436 on 6/26/2020397765478436 on 6/26/2020397765478436 on 8/7/2020397765478436 on 8/31/2020397765478436 on 12/10/2020455826729939 on 6/25/2021455826729939 on 8/3/2021455826729939 on 10/15/2021455826729939 on 11/29/2021419507657699 on 12/21/2021419507657699 on 7/26/2022419507657699 on 7/27/2022419507657699 on 12/1/2022319983641290 on 12/22/2022319983641290 on 4/25/2023319983641290 on 4/25/2023319983641290 on 5/8/2023319983641290 on 6/1/2023313817320287 on 12/20/2023

No. Clients, Historic

40,00020,000020192020202120222023202426220 on 5/31/201928122 on 6/28/201928122 on 12/10/201928122 on 3/24/202028122 on 5/26/202031975 on 6/26/202031975 on 6/26/202031975 on 8/7/202031975 on 8/31/202031975 on 12/10/202035886 on 6/25/202135886 on 8/3/202135886 on 10/15/202135886 on 11/29/202137775 on 12/21/202137775 on 7/26/202237775 on 7/27/202237775 on 12/1/202235513 on 12/22/202235513 on 4/25/202335513 on 4/25/202335513 on 5/8/202335513 on 6/1/202336137 on 12/20/2023

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
CHORD ENERGY CORPORATION COM NEW 3M 17K –
DISH NETWORK CORPORATION NOTE 3.375% 8/1 14M – –
DISH NETWORK CORPORATION NOTE12/1 31M – –
DRAFTKINGS INC NEW NOTE3/1 9M – –
FLYEXCLUSIVE INC *W EXP 99/99/999 159K 264K –
PENNYMAC CORP NOTE 5.500% 3/1 3M – –
TWO HARBORS INVENTMENT CORPO NOTE 6.250% 1/1 16M – –
VANECK ETF TRUST JP MRGAN EM LOC 385K 16K –
WELLS FARGO CO NEW PERP PFD CNV A 6M 5K –