Black Diamond Capital Management: big player? # employees?
Anyone have any info on the firm? How big of a player is it? How many employees? Thanks
Trending Content - Hedge Fund Forum
| +24 | James Fishback | 9 | 6h |
| +21 | Future of L/S | 5 | 3d |
| +17 | Latest blow up / wind down | 25 | 3d |
| +12 | Looking for Fund to Partner With - LMM Activist | 4 | 16h |
| +10 | SM L/S Compensation? | 3 | 18h |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 1d |
| +9 | How to prep for credit HF? | 4 | 1d |
| +9 | Moving from credit to equity? | 3 | 4d |
| +4 | Jensen Huang | 1 | 11h |
| +3 | Chefs at Pod Shops | 2 | 3d |
Career Resources
bump
**
anyone else know more about them?
They have ~80 employees, but less than 30 our investment professionals. Manages ~$9.5 in assets, with a lot invested invested CLOs.
Unrelated, but commonly confused, Clint Carlson's Carlson Capital manages the Black Diamond Arbitrage funds: http://www.hedgetracker.com/fund/Carlson-Capital
Anyone know anything about these guys?
I think our process has wrapped up but PM me if you still have questions.
Bump
One last attempt - would appreciate any information beyond what's available online.
Bump, any more up to date views on their credit strategy? How much of AUM is performing vs. opportunistic/distressed, fundraising, etc?
https://www.cnbc.com/amp/2023/05/03/jeffrey-epstein-private-islands-bou…
Mostly just CLO $$ and raised a new PE fund recently. Liquid non-CLO credit returns have disappointed for many, many years.
Culturally, they are known as the worst of the worst. Was a good place to work 15-20 years ago.
Also the worst counterparty ever - they're #1 in terms of Disqualified List Appearances in BSL mkt.
Networking is very difficult b/c nobody wants to speak to you because of the firm's negative reputation
Leaderships is casually dismissive to anyone who looks different than them and you are basically there to crank and not ask questions... limited room for internal growth. Paranoid partner base is still there. Unrealistic expectations and very low financial rewards.
Pay is 20-30% below market.
The founder is Steve Deckoff - and he just bought Jeffrey Epstein's "pedo island" ---- his son, who isn't a star to say the least, works there too.
Nostrum dolores eligendi autem nihil dignissimos omnis quibusdam. Nulla nobis culpa et necessitatibus nobis.
Et possimus quam doloribus. Est itaque dolores illum amet nisi consequatur quia fugit. Cupiditate ex modi optio dolore doloremque illo. Earum ipsa nostrum quo. Officiis in perferendis similique repellat quam velit ut. Vel pariatur quam recusandae fugit.
Quod modi quis voluptas culpa unde ipsa. Molestias quibusdam et et et nihil dolores. Deserunt atque quia minima maxime nihil qui dolorum. Est vitae sint sed soluta atque est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...