Bdca Venture Adviser, LLC (New York)


Bdca Venture Adviser, LLC is an investment adviser to a business development company based in New York. It manages $70 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Colorado and New York.

Bdca Venture Adviser provides portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bdca Venture Adviser: assets under management

The assets under management (AUM) of Bdca Venture Adviser, LLC is $70 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $70 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $70 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bdca Venture Adviser, 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.

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Nicholas Sloan Schorsch Managing member 1 Aug 2007 50% - 75% 5475068
William Monroe Kahane Managing member 1 Aug 2007 Other 1367933
Llc Ar Capital Managing member 1 Dec 2009 75% - 100% 71-1036971

Based in New York

The principal office where Bdca Venture Adviser, LLC performs its advisory services is located at 405 Park Avenue, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Greenwood Village, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-415-6500 or by fax 212-421-5799. The normal business hours are 9:00am-5:00pm on Monday - Friday. You can find more information about the New York firm at bdcv.com.