{ "crd_number": 298135, "slug": "carval-clo-management-llc-minneapolis-mn-298135", "primary_business_name": "CARVAL CLO MANAGEMENT LLC", "legal_name": "CARVAL CLO MANAGEMENT LLC", "dbas": [], "city": "Minneapolis", "state": "MN", "country": "United States", "cbsa_code": "33460", "metro": { "cbsa_code": "33460", "common_name": "Minneapolis", "msa_name": "Minneapolis-St. Paul-Bloomington, MN-WI", "path": "/advisors/mn/minneapolis" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-09-23", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-09-25", "carried_forward": false, "raum_total": 7304940802.0, "raum_discretionary": 7304940802.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 1, "advisory_employees": 1, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 7304940802.0, "count": 17 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "MN" ], "websites": [ "https://abcarval.com/us/en-us/investors/home.html", "https://linkedin.com/company/carval-investors" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298135", "city_as_filed": "MINNEAPOLIS", "url": "https://advisorcensus.com/firm/carval-clo-management-llc-minneapolis-mn-298135", "display_name": "Carval CLO Management LLC", "summary": "Carval CLO Management LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2024, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.", "citation": "AdvisorCensus. Carval CLO Management LLC (CRD 298135): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Carval CLO Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Carval CLO Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Carval CLO Management LLC located?", "a": "Carval CLO Management LLC's principal office is in Minneapolis, MN, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is Carval CLO Management LLC registered with the SEC or a state?", "a": "Carval CLO Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 298135." }, { "q": "How much does Carval CLO Management LLC manage?", "a": "Carval CLO Management LLC reports $7,304,940,802 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary)." }, { "q": "How have Carval CLO Management LLC's assets and staff changed since 2024?", "a": "In the Form ADV data for Carval CLO Management LLC: Regulatory assets under management: $4,918,360,031 in the October 2024 data and $7,304,940,802 in the October 2026 data, up 49%. Total employees: 1 in October 2024 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Carval CLO Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (17)." }, { "q": "Does Carval CLO Management LLC report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/298135" }, { "q": "What changed in Carval CLO Management LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2024-10-01", "regulatory_assets_under_management": 4918360031.0, "total_employees": 1, "filing_date": "2024-09-03" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6388135689.0, "total_employees": 1, "filing_date": "2025-07-01" }, { "period": "2026-10-01", "regulatory_assets_under_management": 7304940802.0, "total_employees": 1, "filing_date": "2026-09-25" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $6,388,135,689 to $7,304,940,802 (+14%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/carval-clo-management-llc-minneapolis-mn-298135.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 17, "fewer_than_5": false, "raum": 7304940802.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/298135", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }