Ppm Loan Management Company, LLC (Chicago)


Ppm Loan Management Company, LLC is a large advisory firm based in Chicago. It manages $745.6 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Illinois.

Ppm Loan Management Company provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ppm Loan Management Company: assets under management

The assets under management (AUM) of Ppm Loan Management Company, LLC is $745.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 288% since the beginning of its operation, and $745.6 million of the total AUM is attributable to clients outside of the United States.

The firm manages $745.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $248.53 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ppm Loan Management Company, 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 Paul Chadwick Myers serves?

The only and largest group of clients of Paul Chadwick Myers is pooled investment vehicles with 3 clients and $745.6 million of assets under management. Among the 12 most similar advisory firms, Ppm Loan Management Company has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $745.6 million for 3 clients. 100% of the firm’s clients are foreign persons or businesses.

Ppm Loan Management Company also advises several private funds. Namely, three securitized asset funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Ppm Loan Management Company, LLC

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Paul Chadwick Myers has been acting as President since 1 Nov 2017. Thomas Richard Barrus joined the executive team most recently as the Vice President And Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Craig Donald Smith Director, executive vice president 1 Nov 2017 Other 2462390
Llc Ppm Loan Management Holding Company Sole member of applicant 1 Nov 2017 75% - 100% 82-3469930
Paul Chadwick Myers Director 1 Nov 2017 Other 1863982
Grant Davidson Chief financial officer and treasurer 1 Nov 2017 Other 6630081
Anthony Gerard Balestrieri Executive vice president 1 Nov 2017 Other 2496936
Mark Bernard Mandich President and chief executive officer 1 Nov 2017 Other 4352167
Thomas Richard Barrus Vice president and chief compliance officer 1 May 2018 Other 4190643
Mary T Capasso Senior vice president, general counsel, and secretary 1 May 2018 Other 2382462

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Brooke Life Insurance Company Sole shareholder 1 Jun 1995 75% - 100% 38-2764383
Inc. Ppm Holdings Sole shareholder 1 Feb 1996 75% - 100% 36-4075540
Llc Jackson Holdings Sole shareholder 1 Mar 2006 75% - 100% 13-3389961
Brooke (Holdco 1) Inc. Sole shareholder 1 Aug 2011 75% - 100% 98-0486152
Prudential (Us Holdco 1) Limited Sole shareholder 1 Aug 2011 75% - 100% 98-0486137
Prudential Plc Sole shareholder 1 Aug 2011 75% - 100% foreign
Ppm America Inc Member/shareholder 1 Nov 2017 Other 107269
Jackson National Life Insurance Company Member/shareholder 1 Nov 2017 75% - 100% 38-1659835

Based in Chicago

The principal office where Ppm Loan Management Company, LLC performs its advisory services is located at 225 W Wacker Dr, Chicago, IL 60606, 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 312-634-2500 or by fax 312-634-0049. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at ppmamerica.com.