Octagon Credit Investors, LLC (New York)

Octagon Credit Investors provides portfolio management for investment companies, 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.

Octagon Credit Investors: assets under management

The assets under management (AUM) of Octagon Credit Investors, LLC is $22.22 billion. The firm's AUM has grown by 495% since the beginning of its operation, and $20.78 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $22.18 billion in discretionary accounts and $40.3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $326.2 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $20.15 million.

Octagon Credit Investors has custody of $1.43 billion in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 81% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Octagon Credit Investors, 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 James Peter Ferguson serves?

The firm provides services to insurance companies, investment companies, and pooled investment vehicles. The largest group of clients of James Peter Ferguson is pooled investment vehicles with 41 clients and $19.18 billion of assets under management. Among the 11 most similar advisory firms, Octagon Credit Investors has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $20.15 billion for 65 clients. 61% of the firm’s clients are foreign persons or businesses.

Octagon Credit Investors also advises several private funds. Namely, two hedge funds, seven other private funds, one private equity fund, and twenty seven securitized asset funds. The minimum investment commitment required of non-related persons ranges from $14,400 to $5,000,000.

Careers at Octagon Credit Investors, LLC

The company employs 67 people that are either part- or full-time employees. 43 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people 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.

James Peter Ferguson has been acting as President since 1 Dec 1998. Sungho Matthew Lee joined the executive team most recently as the Head Of Research, Member.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 17 indirect owners.

Based in New York

The principal office where Octagon Credit Investors, LLC performs its advisory services is located at 250 Park Avenue, New York, NY 10177, 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 212-400-8400 or by fax 212-400-8401. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at octagoncredit.com.

Registered investment advisers similar to Octagon Credit Investors, LLC

• Gabelli Funds
• Mariner
• United Capital Financial Advisers
• Brigade Capital Management
• Brandes Investment Partners
• Bmo Harris Investment Management
• Oneamerica Asset Management
• Towers Watson Investment Management Limited
• Lincoln Financial Advisors Corporation
• Cibc Private Wealth Advisors
• Cheyne Capital Management (Uk)
• Ing Clarion Partners
• Principal Real Estate Investors
• Callan Associates
• Scb Asset Management Co.