The SILVERBACK ASSET MANAGEMENT, LLC is a privately held investment adviser that advises $1.19Bn in regulatory assets under management held in 1 SEC fund types across 2 investment strategies. SILVERBACK ASSET MANAGEMENT, LLC is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 1.84% over the last 5-years.
The Group has been registered with the SEC for 19.84 years and is comprised of 1 filing and 0 relying advisers. They operate out of 1 office location with their Headquarters at 555 S. MANGUM STREET SUITE 910, DURHAM, NORTH CAROLINA. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 12 employees comprised of 5 investment and 7 non-investment staff. The total number of Employees remained the same over the last few years.
Their $1.19Bn in assets advised are owned by 6 private funds, 0 public funds and BDCs and 2 other accounts. Assets of Corporations or Other Businesses clients own $778.75mn or 65.31% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $413.72mn or 34.69% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse and Multi Strat, representing 50.06% and 49.94% of total assets, respectively.
They advise 2 types of clients, top clients are Corporations or Other Businesses and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 2 Prime Brokers, 4 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses management fees and performance-based fees.
SILVERBACK ASSET MANAGEMENT, LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.