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Redwood Capital Management

SEC-registered adviser since 2012New York, NYCRD 158243

13
Clients
16
Advisory staff

From Form ADV filed 12 May 2026 · data retrieved 15 October 2026SEC record

Redwood Capital Management is an investment adviser headquartered in New York, New York, and registered with the SEC since 2012. Its clients include pooled investment vehicles and other investment advisers.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management and performance-based fees. Redwood Capital Management Holdings, LP owns 75% or more of Redwood Capital Management, and Ruben Kliksberg is its CEO.

Clients

Redwood Capital Management serves 13 clients. The average client has about $843 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles13 clients100%
  • Other investment advisers0%
Show client breakdown
Pooled investment vehicles
Clients
13
Regulatory AUM
$10,945,784,602
Share
99.9%
Avg. per client
$842.0M
Other investment advisers
Clients
Not reported
Regulatory AUM
$13,957,841
Share
0.1%
Avg. per client
—

Total

Clients
13
Regulatory AUM
$10,959,742,443
Share
100%
Avg. per client
$843.1M

What it does

Redwood Capital Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.

Redwood Capital Management advises 5 private funds.

100.0% of assets ($10.96B across 14 accounts) are managed with discretion. 62% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks65%
    • Non-exchange-traded equities63%
    • Exchange-traded equities2%
  • Bonds10%
  • Other25%
    • Loans25%

Custodians

Redwood Capital Management has custody of client assets.

Managed account assets by custodian
  • All other custodians$10.96B100%

Ownership and leadership

Redwood Capital Management Holdings, LP owns 75% or more of Redwood Capital Management, and Ruben Kliksberg is its CEO.

Who owns the firm
Redwood Capital Management, LLC· the adviser
  • Redwood Capital Management Holdings, LP

    Control person · since March 2018

    Owns 75% or more of Redwood Capital Management, LLC

Leadership

  • Ruben Kliksberg
    Chief Executive Officer, Chief Investment Officer
  • Sean Sauler
    Deputy-Chief Executive Officer, Co-Chief Investment Officer
  • Antonia Healey
    Chief Financial Officer
  • Linda Forish
    Chief Operating Officer
  • Adam Bensley
    General Counsel, Chief Compliance Officer

Staff

  • 33 employees
  • 16 in advisory functions
  • 1 soliciting firm

Reported holdings

Redwood Capital Management’s reported 13F holdings total $927.4M across 25 positions, and the ten largest make up 87.3% of it.

$927.4M
Reported 13F value
25
Positions
87.3%
In the 10 largest
+37.6%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Viasat Inc.21.3%
  2. Echostar Corp. · CL A13.9%
  3. Global Business Travel Group · Com CL A11.1%
  4. Masterbrand Inc.10.9%
  5. Office Pptys Income TR · Com OF Beneficia7.9%
  6. Aercap Holdings NV6.4%
  7. Telephone & Data Sys Inc.5.1%
  8. Molina Healthcare Inc.4.9%
  9. Elevance Health Inc. Formerly3.5%
  10. Kbr Inc.2.1%

Together, the ten largest are 87.3% of reported value.

The 25 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 $927.4M is not its $10.96B in regulatory assets and does not represent any individual client's portfolio.

Fees

Redwood Capital Management is paid through a percentage of assets under management and performance-based fees.

Redwood 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, Redwood Capital Management has 1 office, with 2 listed addresses across 2 states.

Listed office addresses by state

New York · 1 listed address

  • 250 W 55th Street, 26th Floor, New YorkHQ

Registration details

Legal name
Redwood Capital Management, LLC
Headquarters
250 W 55th Street, 26th Floor, New York, NY 10019
SEC file
801-74291
Structure
Delaware LLC
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 Redwood Capital Management have?

Redwood Capital Management has 13 clients and manages $11 billion for them, as of May 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026

What services does Redwood Capital Management offer?

Redwood Capital Management 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 Redwood Capital Management have?

Redwood Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 33 employees, and 16 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 Redwood Capital Management invest in?

At the end of its last fiscal year, Redwood Capital Management’s separately managed accounts held 63% non-exchange-traded equities, 25% loans, 10% high-yield corporate bonds and 2% exchange-traded equities. It advises 5 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 Redwood Capital Management?

Redwood Capital Management is owned through a chain of holding companies by Ruben Kliksberg and Sean Sauler. Its direct owner is Redwood Capital Management Holdings, LP (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 12 May 2026

How does Redwood Capital Management get paid?

Redwood 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

Sources

  1. Form ADV Part 1A, amendment filed 12 May 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 158243.
  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 Redwood Capital Management, LLC 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.