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Deer Park Road Management

Private funds

Steamboat Springs, COCRD 140370Updated

Deer Park Road Management is an investment adviser based in Steamboat Springs, CO, registered with the SEC since 2012. It provides investment management. Its clients include pooled investment vehicles and investment companies. Its regulatory assets under management total $3.52 billion, as filed on 1 October 2026.

13
Clients
Not reported
AUM per individual client
7
Advisory staff
2
Offices

From Form ADV filed 1 October 2026SEC record

Services and clients

Deer Park Road Management provides portfolio management for investment companies and portfolio management for pooled vehicles. The firm advises 6 private funds.

Deer Park Road Management reports 13 clients. They include 12 pooled investment vehicles and 1 investment company. These counts refer to investment vehicles, rather than the individual investors in them. Of its assets, 100.0% ($3.52B across 13 accounts) are managed with discretion. Of its clients, 46% are outside the U.S.

Clients and assets by client type
Clients13 clients
Assets$3.52B
Client typeClientsAssets
Investment companies8%3%
Pooled investment vehicles92%97%
Client breakdown and activity details
Investment companies
Clients
1
Regulatory AUM
$98.4M
AUM share
2.8%
Avg. per client
$98.4M
Pooled investment vehicles
Clients
12
Regulatory AUM
$3.42B
AUM share
97.2%
Avg. per client
$285M

Total

Clients
13
Regulatory AUM
$3.52B
AUM share
100%
Avg. per client
$270M
Clients outside the U.S.
46%
Clients advised without assets under management last fiscal year
0
Private funds advised
6

Fees and minimums

Deer Park Road Management is paid through a percentage of assets under management and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Deer Park Road Corporation owns 25% to 50% of Deer Park Road Management and is in turn owned by Michael Scheckman (75% or more). It has 28 employees, 7 of them in advisory roles.

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Staff

  • 28 employees
  • 7 in advisory functions
  • 1 soliciting firm
Who owns the firm
Deer Park Road Management Company, LP· the adviser
  • Deer Park Road Corporation

    Control person · since January 2015

    Owns 25% to 50% of Deer Park Road Management Company, LP
    • Michael Scheckman

      Control person · since May 2003

      Owns 75% or more of Deer Park Road Corporation
  • Agatecreek LLC

    Control person · since January 2015

    Owns 25% to 50% of Deer Park Road Management Company, LP
    • Scott Burg

      Control person · since January 2015

      Owns 75% or more of Agatecreek LLC
  • Sodacreek LLC

    Control person · since January 2015

    Owns 10% to 25% of Deer Park Road Management Company, LP
    • Bradley Craig

      Control person · since January 2015

      Owns 75% or more of Sodacreek LLC
  • Beachwood Partners LLC

    Control person · since January 2019

    Owns 10% to 25% of Deer Park Road Management Company, LP
    • Henry Murray

      Control person · since January 2019

      Owns 75% or more of Beachwood Partners LLC

Growth and acquisitions

Deer Park Road Management’s regulatory assets fell from $4.64B (April 2021) to $3.52B (October 2026); clients rose from 5 to 13 and employees from 24 to 28. In 2024, Bangtail Management ($157M in its last filing) joined it.

By annual filing
Measure
Figures from each annual filing
FiledRegulatory AUMClientsStaffEmployeesOffices
Oct 2026October 2026$3.52B13282
Apr 2025April 2025$3.69B13302
Mar 2024March 2024$3.86B9321
Jul 2023July 2023$6.11B6361
Mar 2022March 2022$5.34B5301
Apr 2021April 2021$4.64B5242

Firms that joined

  1. 20241 joined

    1. Bangtail Management
      Form ADV-W, CRD 317395
      Last filed AUM $157M

Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.

Offices and registration details

Besides its headquarters, Deer Park Road Management has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.

Listed office addresses by state

Colorado · 1 listed address

  • 1195 Bangtail Way, Steamboat SpringsHQ

Other business names

Deer Park Road Management has reported 10 other business names to the SEC.

  • 3 Points GP LLC
  • Deer Park
  • Deer Park Commercial Mortgage Opportunity Fund I GP LLC
  • Deer Park Mortgage Opportunity Fund I GP LLC
  • Deer Park Road
  • Deer Park Road 1850 General Partner LLC
  • Deer Park Road Corporation
  • Deer Park Road General Partner LLC
  • Deer Park Road Management GP LLC
  • Flywheel SFR Fund I GP LLC

Contact and registration details

Legal name
Deer Park Road Management Company, LP
Headquarters
1195 Bangtail Way, Steamboat Springs, CO 80487
SEC file
801-74577
Structure
Delaware limited partnership
Fiscal year end
December

Custodians

Deer Park Road Management has custody of $3.42B for 12 clients.

Common questions

How many clients does Deer Park Road Management have?

Deer Park Road Management has 13 clients and manages $3.52 billion for them, as of October 2026. They include 12 pooled investment vehicles and 1 investment company.

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

What services does Deer Park Road Management offer?

Deer Park Road Management provides portfolio management for investment companies and 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 Deer Park Road Management have?

Deer Park Road Management has 0 investment adviser representatives registered with state securities authorities, out of 28 employees, and 7 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 Deer Park Road Management?

Deer Park Road Management is owned through holding companies by Michael Scheckman, Scott Burg, Bradley Craig and Henry Murray. Its direct owners are Deer Park Road Corporation, Agatecreek LLC, Sodacreek LLC and Beachwood Partners LLC, each holding 50% or less.

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

How does Deer Park Road Management get paid?

Deer Park Road 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

How do I contact Deer Park Road Management?

Deer Park Road Management’s main office is at 1195 Bangtail Way, Steamboat Springs, CO 80487. Its phone number is 970-457-4340. Its website is deerparkrd.com.

Source: Form ADV Part 1A, Item 1.F, filed 1 October 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 1 October 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 140370.
  3. SEC registered adviser data, annual Form ADV amendments filed 5 April 2021 to 1 October 2026. Items 1.F and 5.
  4. Form ADV-W withdrawals of the firms listed under Growth and acquisitions, each linked to its IAPD record, from the SEC's Form ADV-W data. Item 1.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. The logo is reproduced for identification from Deer Park Road Management Company, LP, website.

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