{
  "crd_number": 313420,
  "slug": "eldridge-structured-credit-advisers-llc-new-york-ny-313420",
  "primary_business_name": "ELDRIDGE STRUCTURED CREDIT ADVISERS, LLC",
  "legal_name": "ELDRIDGE STRUCTURED CREDIT ADVISERS, LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-06-14",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 10525672296.0,
  "raum_discretionary": 10525672296.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 292,
  "advisory_employees": 110,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 6,
      "description": "STRUCTURE ADVISOR CLIENTS"
    },
    "banking_thrift": {
      "raum": 49834126.0,
      "count": 1,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 8262000095.0,
      "count": 1,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 1138885830.0,
      "count": 3
    },
    "corporations_other_businesses": {
      "raum": 1074952245.0,
      "count": 1,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_investment_companies",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CT",
    "FL",
    "GA",
    "IL",
    "NY",
    "TX"
  ],
  "websites": [
    "https://cloxfund.com",
    "https://clozfund.com",
    "https://eldridge.com",
    "https://linkedin.com/company/eldridgelinkedin",
    "https://taaafund.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/313420",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/eldridge-structured-credit-advisers-llc-new-york-ny-313420",
  "display_name": "Eldridge Structured Credit Advisers, LLC",
  "summary": "Eldridge Structured Credit Advisers, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2021, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Eldridge Structured Credit Advisers, LLC (CRD 313420): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "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)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Eldridge Structured Credit Advisers, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Eldridge Structured Credit Advisers, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Eldridge Structured Credit Advisers, LLC located?",
      "a": "Eldridge Structured Credit Advisers, LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 9 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Eldridge Structured Credit Advisers, LLC registered with the SEC or a state?",
      "a": "Eldridge Structured Credit Advisers, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313420."
    },
    {
      "q": "How much does Eldridge Structured Credit Advisers, LLC manage?",
      "a": "Eldridge Structured Credit Advisers, LLC reports $10,525,672,296 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Eldridge Structured Credit Advisers, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Eldridge Structured Credit Advisers, LLC: Regulatory assets under management: $13,421,711,026 in the October 2021 data and $10,525,672,296 in the October 2026 data, down 22%. Total employees: 9 in October 2021 and 292 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Eldridge Structured Credit Advisers, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: other (6); investment companies (3); banking or thrift institutions (1)."
    },
    {
      "q": "Which custodians does Eldridge Structured Credit Advisers, LLC use?",
      "a": "Eldridge Structured Credit Advisers, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Eldridge Structured Credit Advisers, 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/313420"
    },
    {
      "q": "What changed in Eldridge Structured Credit Advisers, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $12,717,375,706 to $10,525,672,296 (-17%). Employees performing advisory functions went from 10 to 110. Changed its office addresses in Beverly Hills, CA. Added an office in Abu Dhabi. Added an office in London. Added an office in Miami, FL. Added an office in Singapore. Registered or notice-filed in FL."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 13421711026.0,
      "total_employees": 9,
      "filing_date": "2021-05-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 12885772050.0,
      "total_employees": 20,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 13752609517.0,
      "total_employees": 21,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 15457666080.0,
      "total_employees": 26,
      "filing_date": "2024-08-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 12717375706.0,
      "total_employees": 260,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10525672296.0,
      "total_employees": 292,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $12,717,375,706 to $10,525,672,296 (-17%).",
        "Employees performing advisory functions went from 10 to 110.",
        "Changed its office addresses in Beverly Hills, CA.",
        "Added an office in Abu Dhabi.",
        "Added an office in London.",
        "Added an office in Miami, FL.",
        "Added an office in Singapore.",
        "Registered or notice-filed in FL."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "State Street Bank and Trust Company",
      "name_as_filed": "STATE STREET BANK AND TRUST COMPANY",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/eldridge-structured-credit-advisers-llc-new-york-ny-313420.md",
  "clients": [
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 1,
      "fewer_than_5": true,
      "raum": 49834126.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 1138885830.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": true,
      "raum": 8262000095.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1074952245.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 6,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/313420",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}