Thl Credit Senior Loan Strategies LLC (Chicago)

Name: Thl Credit Senior Loan Strategies LLC
Address: 227 West Monroe Street, Chicago, IL, 60606 5065
Telephone: 312-702-8199

Thl Credit Senior Loan Strategies LLC is a large advisory firm based in Chicago. It manages $2.83 billion of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Illinois, Massachusetts, and New York.

Thl Credit Senior Loan Strategies provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Thl Credit Senior Loan Strategies: assets under management

The assets under management (AUM) of Thl Credit Senior Loan Strategies LLC is $2.83 billion. The firm's AUM has grown by 23% since the beginning of its operation, and $2.58 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $2.77 billion in discretionary accounts and $56.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $184.63 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.29 million.

Investments

The firm invests in other assets the most. They account for 86% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 9% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Thl Credit Senior Loan Strategies LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thl Credit Senior Loan Strategies serves?

The only and largest group of clients of Thl Credit Senior Loan Strategies is pooled investment vehicles with 15 clients and $2.21 billion of assets under management. Among the 12 most similar advisory firms, Thl Credit Senior Loan Strategies has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.21 billion for 15 clients. 84% of the firm’s clients are foreign persons or businesses.

Thl Credit Senior Loan Strategies also advises several private funds. Namely, one other private fund and four securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $250,000.

Careers at Thl Credit Senior Loan Strategies LLC

The company employs 55 people that are either part- or full-time employees. 56 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.

Sabrina Rusnak Carlson joined the executive team most recently as the General Counsel & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Ray Fellows	Co-head & managing director	1 Jun 2012	Other	1862427
Terrence William Olson	Chief operating officer and chief financial officer	1 Jun 2012	Other	5688315
Stephanie Pare Sullivan	General counsel and secretary	1 Jun 2012	Other	5834073
Thl Credit Advisors Llc	Holder of class a units	1 Jun 2012	75% - 100%	150900
Brian Winston Good	Co-head & managing director	1 Jun 2012	Other	1807367
James Kelso Hunt	Chief executive officer	1 Jun 2012	Other	2519136
Mari Heather Birmingham	Chief compliance officer	1 Jul 2012	Other	2752693
Sam Wood Tillinghast	Co-chief executive officer	1 Jul 2014	Other	2541263
Christopher John Flynn	Co-chief executive officer	1 Jul 2014	Other	2803373
Sabrina Rusnak Carlson	General counsel	1 Dec 2015	Other	6603519
Thl Credit Advisors Llc	100% owner	1 May 2016	75% - 100%	150900
Christopher John Flynn	Chief executive officer	1 Nov 2017	Other	2803373
Brian Winston Good	Co-head & senior managing director	1 Nov 2017	Other	1807367
Sabrina Rusnak Carlson	General counsel & chief compliance officer	1 Feb 2018	Other	6603519

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Thlp Debt Partners	Holder of class a units of thl credit advisors llc	1 Jun 2009	50% - 75%	26-0654808
Llc Thlp Debt Advisors	General partner	1 Apr 2010	Other	26-0654081

Based in Chicago

The principal office where Thl Credit Senior Loan Strategies LLC performs its advisory services is located at 227 West Monroe Street, Chicago, IL 60606 5065, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-702-8199 or by fax 312-702-8198. The normal business hours are 7:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at thlcredit.com and its LinkedIn profile.