Coliseum Capital Management, LLC (Rowayton)

Coliseum Capital Management, LLC is a large advisory firm based in Rowayton. It manages $1.19 billion of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Connecticut.

Coliseum Capital Management 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.

Coliseum Capital Management: assets under management

The assets under management (AUM) of Coliseum Capital Management, LLC is $1.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 365% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.32 million each.

Coliseum Capital Management has custody of $970.92 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is exchange traded securities, which make up 39% of the firm’s portfolio. Investments in pooled investment vehicles form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Coliseum Capital Management, LLC 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 Coliseum Capital Management serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Coliseum Capital Management is pooled investment vehicles with 4 clients and $970.92 million of assets under management. Among the 7 most similar advisory firms, Coliseum Capital Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.19 billion for 4 clients. None of the firm’s clients are foreign persons or businesses.

Coliseum Capital Management also advises several private funds. Namely, two hedge funds and two private equity funds.

Careers at Coliseum Capital Management, LLC

The company employs 12 people that are either part- or full-time employees. 42 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
Adam Louis Gray	Manager of registrant and relying adviser	1 Nov 2005	Other	1729143
Llc Seaver Kent Family Investments	Member of relying adviser	1 Nov 2005	25% - 50%	71-0994467
Christopher Scott Shackelton	Manager, chief compliance officer & member of registrant and relying adviser	1 Jan 2006	25% - 50%	4208725
Chris Scott Shackleton	Manager, chief compliance officer, & member of registrant and relying adviser	1 Jan 2006	25% - 50%	4208725
Llc Seaver Kent Family Investments	Member of relying adviser	1 Feb 2006	25% - 50%	71-0994467
Christopher Scott Shackelton	Member and manager of relying adviser	1 Feb 2006	25% - 50%	4208725
Adam Louis Gray	Manager of relying adviser	1 Feb 2006	Other	1729143
Adam L. Gray Revocable Trust	Member of relying adviser	1 Jan 2007	25% - 50%	xxx-xx-xxxx
Thomas Sparta	Controller of registrant	1 Sep 2010	Other	6027562
Lp Coliseum Capital Management	Coliseum capital management, llc	1 Jan 2014	75% - 100%	46-4763463
Lp Coliseum Capital Management	Sole member of registrant	1 Feb 2014	75% - 100%	46-4763463
Chivonne Danielle Cassar	Chief compliance officer, general counsel	1 Jul 2015	Other	6525374

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Seaver Family Trust Dated 10/7/93	Member	1 Jan 2006	50% - 75%	xxx-xx-xxxx
Kent Family Trust Dated 6/5/97	Member	1 Jan 2006	50% - 75%	xxx-xx-xxxx
Alexander Medina Seaver	Trustee	1 Jan 2006	Other	1571667
Christine M Seaver	Trustee	1 Jan 2006	Other	6029477
Bradley Robert Kent	Trustee	1 Jan 2006	Other	1691327
Melissa J. Kent	Trustee	1 Jan 2006	Other	4973665
Adam Louis Gray	Trustee	1 Oct 2006	Other	1729143
Christopher Scott Shackelton	Limited partner	1 Jan 2014	25% - 50%	4208725
Adam L. Gray Revocable Trust	Limited partner	1 Jan 2014	25% - 50%	xxx-xx-xxxx
Llc Seaver Kent Family Investments	Limited partner	1 Jan 2014	25% - 50%	71-0994467
Llc Coliseum Capital Management Gp	General partner	1 Jan 2014	Other	46-4739045
Christopher Scott Shackelton	Limited partner	1 Dec 2017	50% - 75%	4208725
Adam L. Gray Revocable Trust	Limited partner	1 Dec 2017	25% - 50%	xxx-xx-xxxx
Lp Sg1	Limited partner	1 Dec 2017	75% - 100%	82-3815333
Llc Coliseum Capital Management Gp	General partner	1 Dec 2017	Other	46-4739045

Based in Rowayton

The principal office where Coliseum Capital Management, LLC performs its advisory services is located at 105 Rowayton Avenue, Rowayton, CT 06853, 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 203-883-0100 or by fax 203-286-1111. The normal business hours are 8:30-5:30 on Monday - Friday.