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Black Diamond Capital Management I, LLLP

SEC-registered adviser since 2010ST. Thomas, VICRD 154495

38
Clients
44
Advisory staff

From Form ADV filed 13 July 2026 · data retrieved 15 October 2026SEC record

Black Diamond Capital Management I, LLLP is an investment adviser headquartered in ST. Thomas, U.S. Virgin Islands, and registered with the SEC since 2010. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management and performance-based fees. Stephen Deckoff owns 75% or more of Black Diamond Capital Management I, LLLP.

Clients

Black Diamond Capital Management I, LLLP serves 38 clients. The average client has about $282 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles38 clients100%
Show client breakdown
Pooled investment vehicles
Clients
38
Regulatory AUM
$10,714,142,774
Share
100.0%
Avg. per client
$282.0M

Total

Clients
38
Regulatory AUM
$10,714,142,774
Share
100%
Avg. per client
$282.0M

What it does

Black Diamond Capital Management I, LLLP provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.

Black Diamond Capital Management I, LLLP advises 33 private funds.

100.0% of assets ($10.71B across 38 accounts) are managed with discretion. 67% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Black Diamond Capital Management I, LLLP has custody of $8.49B for 25 clients.

Managed account assets by custodian
  • All other custodians$10.71B100%

Ownership and leadership

Stephen Deckoff owns 75% or more of Black Diamond Capital Management I, LLLP.

Who owns the firm
Black Diamond Capital Management I, LLLP· the adviser
  • Stephen Deckoff

    Control person · since October 2011

    Owns 75% or more of Black Diamond Capital Management I, LLLP
  • Mounir Nahas

    Control person · since October 2011

    Owns 10% to 25% of Black Diamond Capital Management I, LLLP

Leadership

  • Mounir Nahas
    Chief Operating Officer
  • Mitchell Goldfarb
    General Counsel & Chief Compliance Officer
  • Stephen Deckoff
    Managing Principal

Staff

  • 100 employees
  • 44 in advisory functions

Reported holdings

Black Diamond Capital Management I, LLLP’s reported 13F holdings total $151.0M across 8 positions, and the ten largest make up 100.0% of it.

$151.0M
Reported 13F value
8
Positions
100.0%
In the 10 largest
+11.2%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Consumer Portfolio Svcs Inc.32.6%
  2. Kvh Inds Inc.23.0%
  3. Verizon Communications Inc.17.5%
  4. Canterbury PK Hldg Corp.9.0%
  5. Wynn Resorts Ltd6.6%
  6. Boyd Gaming Corp.4.8%
  7. Microsoft Corp.4.6%
  8. Berkshire Hathaway Inc. Del · CL A2.0%

Together, the ten largest are 100.0% of reported value.

The 8 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 14 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $151.0M is not its $10.71B in regulatory assets and does not represent any individual client's portfolio.

Fees

Black Diamond Capital Management I, LLLP is paid through a percentage of assets under management and performance-based fees.

Black Diamond Capital Management I, LLLP’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Black Diamond Capital Management I, LLLP has 3 offices, with 2 listed addresses across 2 states.

Listed office addresses by state

U.S. Virgin Islands · 1 listed address

  • 5330 Yacht Haven Grande, Suite 100, Box 35, ST. ThomasHQ

Other business names

Black Diamond Capital Management I, LLLP has reported 1 other business name to the SEC.

  • Black Diamond Capital Management

Registration details

Legal name
Black Diamond Capital Management I, LLLP
Headquarters
5330 Yacht Haven Grande, Suite 100, Box 35, ST. Thomas, VI 00802-5032
Website
Not reported
SEC file
801-71712
Structure
U.S. Virgin Islands other (specify)
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 Black Diamond Capital Management I, LLLP have?

Black Diamond Capital Management I, LLLP has 38 clients and manages $10.7 billion for them, as of July 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 July 2026

What services does Black Diamond Capital Management I, LLLP offer?

Black Diamond Capital Management I, LLLP provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Black Diamond Capital Management I, LLLP have?

Black Diamond Capital Management I, LLLP has 0 investment adviser representatives registered with state securities authorities, out of 100 employees, and 44 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

Who owns Black Diamond Capital Management I, LLLP?

Black Diamond Capital Management I, LLLP’s direct owners are Stephen Deckoff (75% or more) and Mounir Nahas (10% to 25%).

Source: Form ADV Part 1A, Schedules A and B, filed 13 July 2026

How does Black Diamond Capital Management I, LLLP get paid?

Black Diamond Capital Management I, LLLP 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

Sources

  1. Form ADV Part 1A, amendment filed 13 July 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 154495.
  3. Form 13F-HR, filed 14 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Black Diamond Capital Management I, LLLP and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.