Clients
Beach Point Capital Management serves 75 clients, 65 of them pooled investment vehicles. The average client has about $397 million with the firm.
- Pooled investment vehicles65 clients86%
- Pension and profit-sharing plans5 clients7%
- State or municipal government entities5 clients6%
- OtherInsurance companies, Sovereign wealth funds and foreign official institutions1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 65 | $25,502,336,073 | 85.7% | $392.3M |
| Pension and profit-sharing plans | 5 | $2,050,531,526 | 6.9% | $410.1M |
| State or municipal government entities | 5 | $1,904,826,064 | 6.4% | $381.0M |
| Insurance companies | Not reported | $314,966,750 | 1.1% | — |
| Sovereign wealth funds and foreign official institutions | Not reported | $1,358,274 | 0.0% | — |
| Total | 75 | $29,774,018,687 | 100% | $397.0M |
- Clients
- 65
- Regulatory AUM
- $25,502,336,073
- Share
- 85.7%
- Avg. per client
- $392.3M
- Clients
- 5
- Regulatory AUM
- $2,050,531,526
- Share
- 6.9%
- Avg. per client
- $410.1M
- Clients
- 5
- Regulatory AUM
- $1,904,826,064
- Share
- 6.4%
- Avg. per client
- $381.0M
- Clients
- Not reported
- Regulatory AUM
- $314,966,750
- Share
- 1.1%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $1,358,274
- Share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 75
- Regulatory AUM
- $29,774,018,687
- Share
- 100%
- Avg. per client
- $397.0M
What it does
Beach Point Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Beach Point Capital Management advises 43 private funds.
100.0% of assets ($29.77B across 83 accounts) are managed with discretion. 47% of clients are outside the U.S., and 78 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks2%
- Bonds30%
- High-yield corporate bonds28%
- U.S. government and agency bonds2%
- Cash4%
- Other64%
- Structured products, bank loans, bridge loans and promissory notes.64%
Custodians
Beach Point Capital Management’s client accounts are held mainly at State Street Bank and Trust, with 17% of managed assets, and The Bank of New York Mellon, with 8%. Beach Point Capital Management has custody of $21.62B for 62 clients.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $2.38B8%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $4.91B17%
- All other custodians$22.48B76%
Ownership and leadership
Carl Goldsmith owns 25% to 50% of Beach Point Capital Management, and Carl Goldsmith is its CEO.
- Owns 25% to 50% of Beach Point Capital Management LP
Carl Goldsmith
Control person · since October 2008
- Owns 25% to 50% of Beach Point Capital Management LP
Scott Klein
Control person · since October 2008
Leadership
- Carl GoldsmithLimited Partner and Co-Chief Executive Officer
- Scott KleinLimited Partner and Co-Chief Executive Officer
- Joshua BaumgartenPresident and Chief Investment Officer
- Thomas BoyackChief Financial Officer
- David RosenblumChief Compliance Officer and General Counsel
- Allan SchweitzerPortfolio Manager
Staff
- 173 employees
- 77 in advisory functions
- 4 soliciting firms
Reported holdings
Beach Point Capital Management’s reported 13F holdings total $258.1M across 14 positions, and the ten largest make up 99.5% of it.
- $258.1M
- Reported 13F value
- 14
- Positions
- 99.5%
- In the 10 largest
- +1.6%
- Value vs. prior quarter
- Velocity Finl Inc.47.1%
- Diebold Nixdorf Inc. · Com Shs22.8%
- Claritev Corporation · CL A New10.2%
- Finance OF America Compan · CL A New9.9%
- FS KKR Cap Corp.5.0%
- Oaktree Specialty Lending2.1%
- Midcap Financial Invstmnt CO1.7%
- Velocity Finl Inc.Call0.3%
- KKR Real Estate Fin TR Inc.0.3%
- WW Intl Inc.0.2%
Together, the ten largest are 99.5% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $258.1M is not its $29.77B in regulatory assets and does not represent any individual client's portfolio.
Fees
Beach Point Capital Management is paid through a percentage of assets under management and performance-based fees.
Beach Point Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Beach Point Capital Management has 3 offices, with 2 listed addresses across 2 states.
California · 1 listed address
- 1620 26th Street, Suite 6000n, Santa MonicaHQ
New York · 1 listed address
- 1114 6th Ave, New York
Registration details
- Legal name
- Beach Point Capital Management LP
- Headquarters
- 1620 26th Street, Suite 6000n, Santa Monica, CA 90404
- Phone
- 310-996-9700
- Website
- beachpoint.capital
- SEC file
- 801-69765
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Beach Point Capital Management have?
Beach Point Capital Management has 75 clients and manages $29.8 billion for them, as of August 2026. They include 65 pooled investment vehicles, 5 pension and profit-sharing plans and 5 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 August 2026
What services does Beach Point Capital Management offer?
Beach Point Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Beach Point Capital Management use?
Beach Point Capital Management’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $4,913,359,241 and The Bank of New York Mellon (New York, NY), with $2,377,096,051. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 August 2026
How many financial advisors does Beach Point Capital Management have?
Beach Point Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 173 employees, and 77 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Beach Point Capital Management invest in?
At the end of its last fiscal year, Beach Point Capital Management’s separately managed accounts held 64% structured products, bank loans, bridge loans and promissory notes., 28% high-yield corporate bonds, 4% cash and equivalents, 2% non-exchange-traded equities and 2% U.S. government and agency bonds. It advises 43 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Beach Point Capital Management?
Beach Point Capital Management’s direct owners are Carl Goldsmith and Scott Klein, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 7 August 2026
How does Beach Point Capital Management get paid?
Beach Point Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file