{"url":"https://nivawealth.com/firms/beach-point-capital-management-148885","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/148885","regulatoryAum":29774018687,"crd":"148885","secFileNumber":"801-69765","legalName":"Beach Point Capital Management LP","displayName":"Beach Point Capital Management","website":"https://beachpoint.capital/","linkedinUrl":"https://www.linkedin.com/company/beach-point-capital-management","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"1620 26th Street, Suite 6000n","city":"Santa Monica","state":"CA","stateName":"California","country":"United States","postalCode":"90404"},"tradeNames":[],"registration":{"secApproved":"20 November 2008","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":173,"advisory":77,"brokerDealerReps":0,"insuranceAgents":0,"promoters":4},"aum":{"discretionary":29774018687,"discretionaryAccounts":83,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":47,"nonAumClients":78},"clientTypes":[{"label":"Pooled investment vehicles","clients":65,"regulatoryAum":25502336073},{"label":"Pension and profit-sharing plans","clients":5,"regulatoryAum":2050531526},{"label":"State or municipal government entities","clients":5,"regulatoryAum":1904826064},{"label":"Insurance companies","clients":null,"regulatoryAum":314966750},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":1358274}],"fees":[],"feeNotes":[],"custodians":[{"name":"The Bank of New York Mellon","shortName":"The Bank of New York Mellon","location":"New York, NY","smaAssets":2377096051},{"name":"State Street Bank and Trust Company","shortName":"State Street Bank and Trust","location":"Boston, MA","smaAssets":4913359241}],"custodyNote":"Beach Point Capital Management has custody of $21.62B for 62 clients.","otherCustodians":[],"leadership":[{"name":"Carl Goldsmith","title":"Limited Partner and Co-Chief Executive Officer","crd":"2901156"},{"name":"Scott Klein","title":"Limited Partner and Co-Chief Executive Officer","crd":"2748845"},{"name":"Joshua Baumgarten","title":"President and Chief Investment Officer","crd":"2772965"},{"name":"Thomas Boyack","title":"Chief Financial Officer","crd":"4720937"},{"name":"David Rosenblum","title":"Chief Compliance Officer and General Counsel","crd":"5585200"},{"name":"Allan Schweitzer","title":"Portfolio Manager","crd":"4366295"}],"ownership":[{"label":"Carl Goldsmith","detail":"Limited partner and co-chief executive officer in the 25% to 50% ownership band and a control person, since October 2008. Also a managing member of Beach Point GP LLC in the 25% to 50% band and a control person, since October 2008."},{"label":"Scott Klein","detail":"Limited partner and co-chief executive officer in the 25% to 50% ownership band and a control person, since October 2008. Also a managing member of Beach Point GP LLC in the 25% to 50% band and a control person, since October 2008."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"1620 26th Street, Suite 6000n","city":"Santa Monica","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"1114 6th Ave","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"310-996-9700","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Non-exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":2},{"label":"Non-investment grade corporate bonds","percent":28},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":64,"detail":"Structured Products, Bank Loans, Bridge Loans and Promissory Notes."}],"privateFunds":43},"sources":{"adv1FilingDate":"7 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/148885/PDF/148885.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Beach Point Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Beach Point Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Beach Point Capital Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Beach Point Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Beach Point Capital Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Beach Point Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Beach Point Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/beach-point-capital-management-148885/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-22","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1453885/000145388526000003/0001453885-26-000003-index.html","totalValue":258077240,"positionCount":14,"top10Share":0.9952044976922413,"top10":[{"issuer":"VELOCITY FINL INC","titleOfClass":"COM","cusip":"92262D101","value":121510735,"shares":6582380,"shareType":"SH","priorValue":118643482,"priorShares":6558512},{"issuer":"DIEBOLD NIXDORF INC","titleOfClass":"COM SHS","cusip":"253651202","value":58719999,"shares":690661,"shareType":"SH","priorValue":60401867,"priorShares":800661},{"issuer":"CLARITEV CORPORATION","titleOfClass":"CL A NEW","cusip":"62548M209","value":26285575,"shares":770612,"shareType":"SH","priorValue":12995954,"priorShares":795346},{"issuer":"FINANCE OF AMERICA COMPAN","titleOfClass":"CL A NEW","cusip":"31738L206","value":25534074,"shares":927837,"shareType":"SH","priorValue":15402094,"priorShares":927837},{"issuer":"FS KKR CAP CORP","titleOfClass":"COM","cusip":"302635206","value":12821708,"shares":1221115,"shareType":"SH","priorValue":31861232,"priorShares":3129787},{"issuer":"OAKTREE SPECIALTY LENDING","titleOfClass":"COM","cusip":"67401P405","value":5415077,"shares":453524,"shareType":"SH","priorValue":12560617,"priorShares":1111559},{"issuer":"MIDCAP FINANCIAL INVSTMNT CO","titleOfClass":"COM NEW","cusip":"03761U502","value":4438839,"shares":440361,"shareType":"SH"},{"issuer":"VELOCITY FINL INC","titleOfClass":"COM","cusip":"92262D101","value":829105,"shares":3891,"shareType":"SH","putCall":"Call","priorValue":381630,"priorShares":3174},{"issuer":"KKR REAL ESTATE FIN TR INC","titleOfClass":"COM","cusip":"48251K100","value":786709,"shares":115016,"shareType":"SH","priorValue":703898,"priorShares":115016},{"issuer":"WW INTL INC","titleOfClass":"COM NEW","cusip":"98262P200","value":497809,"shares":31152,"shareType":"SH","priorValue":428028,"priorShares":31152}],"positionsListed":14,"positions":[{"issuer":"VELOCITY FINL INC","titleOfClass":"COM","cusip":"92262D101","value":121510735,"shares":6582380,"shareType":"SH","priorValue":118643482,"priorShares":6558512},{"issuer":"DIEBOLD NIXDORF INC","titleOfClass":"COM SHS","cusip":"253651202","value":58719999,"shares":690661,"shareType":"SH","priorValue":60401867,"priorShares":800661},{"issuer":"CLARITEV CORPORATION","titleOfClass":"CL A NEW","cusip":"62548M209","value":26285575,"shares":770612,"shareType":"SH","priorValue":12995954,"priorShares":795346},{"issuer":"FINANCE OF AMERICA COMPAN","titleOfClass":"CL A NEW","cusip":"31738L206","value":25534074,"shares":927837,"shareType":"SH","priorValue":15402094,"priorShares":927837},{"issuer":"FS KKR CAP CORP","titleOfClass":"COM","cusip":"302635206","value":12821708,"shares":1221115,"shareType":"SH","priorValue":31861232,"priorShares":3129787},{"issuer":"OAKTREE SPECIALTY LENDING","titleOfClass":"COM","cusip":"67401P405","value":5415077,"shares":453524,"shareType":"SH","priorValue":12560617,"priorShares":1111559},{"issuer":"MIDCAP FINANCIAL INVSTMNT CO","titleOfClass":"COM NEW","cusip":"03761U502","value":4438839,"shares":440361,"shareType":"SH"},{"issuer":"VELOCITY FINL INC","titleOfClass":"COM","cusip":"92262D101","value":829105,"shares":3891,"shareType":"SH","putCall":"Call","priorValue":381630,"priorShares":3174},{"issuer":"KKR REAL ESTATE FIN TR INC","titleOfClass":"COM","cusip":"48251K100","value":786709,"shares":115016,"shareType":"SH","priorValue":703898,"priorShares":115016},{"issuer":"WW INTL INC","titleOfClass":"COM NEW","cusip":"98262P200","value":497809,"shares":31152,"shareType":"SH","priorValue":428028,"priorShares":31152},{"issuer":"CRESCENT CAP BDC INC","titleOfClass":"COM","cusip":"225655109","value":402042,"shares":36817,"shareType":"SH"},{"issuer":"INVITATION HOMES INC","titleOfClass":"COM","cusip":"46187W107","value":346144,"shares":2984,"shareType":"SH","putCall":"Put"},{"issuer":"ISHARES TR","titleOfClass":"CHINA LG-CAP ETF","cusip":"464287184","value":249424,"shares":31178,"shareType":"SH","putCall":"Put","priorValue":482176,"priorShares":30136},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":240000,"shares":0,"shareType":"SH","putCall":"Put","priorValue":225848,"priorShares":0}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}