The REDWOOD CAPITAL MANAGEMENT, LLC is a privately held investment adviser that advises $21.39Bn in regulatory assets under management held in 2 SEC fund types across 5 investment strategies. REDWOOD CAPITAL MANAGEMENT, LLC 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 151.99% over the last 5-years.
The Group has been registered with the SEC for 13.85 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 250 W 55TH STREET 26TH FLOOR, NEW YORK, NY. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 31 employees comprised of 16 investment and 15 non-investment staff. The total number of Employees increased by 63.16% over the last 5-years.
Their $21.39Bn in assets advised are owned by 13 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $20.66Bn or 96.58% of Total Assets and Business Development Companies (BDC) own $731.72mn or 3.42% of Total Assets.
The Group's top investment strategies include FI/Credit - Distress, Multi Strat and Long/Short Equity, representing 42.71%, 27.84% and 26.03% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 2 Fund Administrators, 1 Fund Auditors, 3 Prime Brokers, 5 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
REDWOOD CAPITAL MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.
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 REDWOOD CAPITAL MANAGEMENT, LLC's case, they have 10 business conditions that require high process maturity and 1 Watch Factors.