Asset manager · New York, NY
BDT & MSD BDC Management, LLC
SEC-registered investment adviser · CRD 330624 · SEC 801-130297
At a glance
BDT & MSD BDC Management, LLC is an SEC-registered investment adviser based in New York, New York, with $7.2 billion in regulatory assets under management as of its Form ADV filed August 3, 2026. Its largest client group by assets is business development companies. By Form ADV it is a asset manager, ranked 586th of 3,218 asset managers and 1,668th of 17,210 SEC-registered advisers by assets.
Main office 212-303-1650bdtmsd.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $7.2B
- Rank among asset managers
- #586 of 3,218
- Rank among all SEC RIAs
- #1,668 of 17,210
- Rank in New York
- #429 of 2,591
- Clients
- 1
- Accounts
- 1
- Discretionary
- 100% of AUM
- Employees
- 498
- Advisory staff
- 231
- Offices
- 13
Owners and executives on its Form ADV
- Robert K. SimondsPartner & General Counsel
- Gregg R. LemkauCo-Chief Executive Officer
- Byron D. TrottChairman & Co-Chief Executive Officer
- San W. OrrPresident
- Dan H. JesterPresident
- Saritha C. ReddyChief Compliance Officer
- Cindy Z. MichelPartner
- Chad M. FeingoldPartner and Chief Operating Officer
- Daniel R. StockPartner & Co-Chief Financial Officer
- Lawrence E. SchaltenbrandPartner & Co-Chief Financial Officer
- Amy L. EnnesserPresident
- Gregory G. OlafsonPresident
Custody and brokerage
Custodian
BDT & MSD BDC Management, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
BDT & MSD BDC Management, LLC is a hybrid RIA: 171 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: BDT & MSD Europe S.a R.L., BDT & MSD Partners Europe Gmbh, BDT & MSD Partners International, LLP, BDT & MSD Partners, LLC and BDT & MSD Switzerland Gmbh.
- BDT & MSD Europe S.a R.L.
- BDT & MSD Partners Europe Gmbh
- BDT & MSD Partners International, LLP
- BDT & MSD Partners, LLC ↗CRD 150459
- BDT & MSD Switzerland Gmbh
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Business development companies | 1 | $7.2B | 100% |
Disciplinary disclosures
BDT & MSD BDC Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗bdtmsd.com ↗
AtlasMembers
The full record on BDT & MSD BDC Management, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 2 years of filings
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- Growth over one, three and five years
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- Rank against 613 peers of its type and size
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- Owners and executives, with titles and stakes
- 15 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 3Locked
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Background
Questions
How much does BDT & MSD BDC Management, LLC manage?
BDT & MSD BDC Management, LLC reports $7.2 billion in regulatory assets under management across 1 accounts, 100% of it on a discretionary basis, on its Form ADV filed August 3, 2026.
What kind of firm is BDT & MSD BDC Management, LLC?
BDT & MSD BDC Management, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are BDT & MSD BDC Management, LLC’s clients?
By assets, its largest client types are business development companies ($7.2 billion, 1 clients).
Does BDT & MSD BDC Management, LLC have any disciplinary history?
BDT & MSD BDC Management, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is BDT & MSD BDC Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-08-03), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →