Dld Asset Management, LP (New York)


Dld Asset Management, LP is a large advisory firm based in New York. It manages $2.23 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New York.

Dld Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Dld Asset Management: assets under management

The assets under management (AUM) of Dld Asset Management, LP is $2.23 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 21958% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.23 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.43 million each.
Dld Asset Management has custody of $2.23 billion in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dld Asset Management, LP for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dld Asset Management serves?

The only and largest group of clients of Dld Asset Management is pooled investment vehicles with 7 clients and $2.23 billion of assets under management. Among the 6 most similar advisory firms, Dld Asset Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.23 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Dld Asset Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Dld Asset Management, LP

The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Dld Asset Gp General partner 1 Feb 2013 Other 46-2247760
Mark Lawrence Friedman Limited partner and chief investment officer 1 May 2013 50% - 75% 2969373
Llc Trigran Ventures Limited partner 1 Jun 2013 Other 30-0792206
Naveen Kumar Dhuper Chief financial officer and chief compliance officer 1 Jun 2013 Other 3071026

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Mark Lawrence Friedman Managing member 1 Feb 2013 75% - 100% 2969373

Based in New York

The principal office where Dld Asset Management, LP performs its advisory services is located at 80 Broad Street, New York, NY 10004, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 347-735-5115 or by fax 347-735-5808. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at dldam.com.