{ "crd_number": 140370, "slug": "deer-park-road-management-company-lp-steamboat-springs-co-140370", "primary_business_name": "DEER PARK ROAD MANAGEMENT COMPANY, LP", "legal_name": "DEER PARK ROAD MANAGEMENT COMPANY, LP", "dbas": [ "3 POINTS GP LLC", "DEER PARK", "DEER PARK COMMERCIAL MORTGAGE OPPORTUNITY FUND I GP LLC", "DEER PARK MORTGAGE OPPORTUNITY FUND I GP LLC", "DEER PARK ROAD", "DEER PARK ROAD 1850 GENERAL PARTNER LLC", "DEER PARK ROAD CORPORATION", "DEER PARK ROAD GENERAL PARTNER LLC", "DEER PARK ROAD MANAGEMENT GP LLC", "FLYWHEEL SFR FUND I GP LLC" ], "city": "Steamboat Springs", "state": "CO", "country": "United States", "cbsa_code": "44460", "metro": null, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2012-04-26", "years_registered": 14, "period": "2026-10-01", "filing_date": "2026-10-01", "carried_forward": false, "raum_total": 3515813209.0, "raum_discretionary": 3515813209.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 28, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "investment_companies": { "raum": 98382883.0, "count": 1 }, "pooled_investment_vehicles": { "raum": 3417430326.0, "count": 12 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "other", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 4, "states_registered": [ "CO" ], "websites": [ "https://deerparkrd.com", "https://linkedin.com/company/deer-park-road-management-company", "https://twitter.com/deerparkrd" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/140370", "disclosure_items": [ { "item": "11.C(2)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?" }, { "item": "11.C(3)", "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was a cause of an investment-related business having its authorization to do business denied, suspended, revoked, or restricted?" }, { "item": "11.C(4)", "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?" }, { "item": "11.C(5)", "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?" } ], "city_as_filed": "STEAMBOAT SPRINGS", "url": "https://advisorcensus.com/firm/deer-park-road-management-company-lp-steamboat-springs-co-140370", "display_name": "Deer Park Road Management Company, LP", "summary": "Deer Park Road Management Company, LP is an SEC-registered investment advisory firm in Steamboat Springs, CO, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.", "citation": "AdvisorCensus. Deer Park Road Management Company, LP (CRD 140370): 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 investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Other" ], "quick_answers": [ { "q": "How is Deer Park Road Management Company, LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Deer Park Road Management Company, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Deer Park Road Management Company, LP located?", "a": "Deer Park Road Management Company, LP's principal office is in Steamboat Springs, CO, according to its Form ADV." }, { "q": "Is Deer Park Road Management Company, LP registered with the SEC or a state?", "a": "Deer Park Road Management Company, LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 140370." }, { "q": "How much does Deer Park Road Management Company, LP manage?", "a": "Deer Park Road Management Company, LP reports $3,515,813,209 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary)." }, { "q": "How have Deer Park Road Management Company, LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Deer Park Road Management Company, LP: Regulatory assets under management: $4,639,897,735 in the October 2021 data and $3,515,813,209 in the October 2026 data, down 24%. Total employees: 24 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Deer Park Road Management Company, LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12); investment companies (1)." }, { "q": "Does Deer Park Road Management Company, LP report any disciplinary disclosures?", "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(3) (SEC or CFTC finding of causing a business's authorization to be denied, suspended, revoked, or restricted), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140370" }, { "q": "What changed in Deer Park Road Management Company, LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 8 to 7." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4639897735.0, "total_employees": 24, "filing_date": "2021-04-05" }, { "period": "2022-10-01", "regulatory_assets_under_management": 5335634009.0, "total_employees": 30, "filing_date": "2022-03-31" }, { "period": "2023-10-01", "regulatory_assets_under_management": 6114467436.0, "total_employees": 36, "filing_date": "2023-09-15" }, { "period": "2024-10-01", "regulatory_assets_under_management": 3856934993.0, "total_employees": 32, "filing_date": "2024-03-30" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3686280050.0, "total_employees": 30, "filing_date": "2025-04-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3515813209.0, "total_employees": 28, "filing_date": "2026-10-01" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 8 to 7." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/deer-park-road-management-company-lp-steamboat-springs-co-140370.md", "clients": [ { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 98382883.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 12, "fewer_than_5": false, "raum": 3417430326.0 } ], "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.", "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/140370", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }