The SOURCE CAPITAL GROUP is a privately held investment adviser that advises $1.07Bn in regulatory assets under management held in 1 SEC fund types across 3 investment strategies. SOURCE CAPITAL GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 903.43% over the last 5-years.
The Group has been registered with the SEC for 13.85 years and is comprised of 1 filing and 4 relying advisers. They operate out of 1 office location with their Headquarters at 3060 PEACHTREE ROAD NW SUITE 1830, ATLANTA, GA. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 17 employees comprised of 14 investment and 3 non-investment staff. The total number of Employees increased by 750% over the last 5-years.
Their $1.07Bn in assets advised are owned by 17 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $1.07Bn or 100% of Total Assets.
The Group's top investment strategies include Traditional LBO, FI/Credit - Diverse and FI/Credit - Lending, representing 73.88%, 24.21% and 1.91% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 0 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 1 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 16 private funds with $424.88mn in assets.
The Group discloses management fees and performance-based fees.
SOURCE CAPITAL GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.
They have a MEDIUM-WATCH risk business model that requires a high degree of process maturity to manage operational risk. A Manager Group has a "High Complexity" when 25% or more of 63 business conditions measured require a high level of process maturity to manage the risk. The "Watch" suffix indicates that one or more of the following business conditions carry a high-complexity score: 1) % Fund Assets Valued Internally, 2) prior Regulatory Violations, 3) Unqualified Audits, 4) Multi-Functional C-Suite and 5) Business Concentration Risk with an Auditor or Administrator.
In SOURCE CAPITAL GROUP's case, they have 13 business conditions that require high process maturity and 2 Watch Factors.