{"url":"https://nivawealth.com/firms/redwood-capital-management-158243","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/158243","regulatoryAum":10959742443,"crd":"158243","secFileNumber":"801-74291","legalName":"Redwood Capital Management, LLC","displayName":"Redwood Capital Management","website":"http://www.redwoodcap.com","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/158243/45270b91befc6652-r1.webp","tone":"dark","width":1057,"height":200,"sourceUrl":"https://www.redwoodcap.com/","sourceLabel":"Redwood Capital Management, LLC, website"},"linkedinUrl":"https://www.linkedin.com/company/redwood-capital-management-llc","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"250 W 55th Street, 26th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10019"},"tradeNames":[],"registration":{"secApproved":"30 March 2012","noticeFilings":1,"latestNoticeFiling":"31 March 2023","inventory":{"sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_FIRM_SEC_Feed_10_15_2026.xml.gz","sourceAsOf":"2026-10-15","retrievedAt":"2026-10-16T03:16:53.781384+00:00","noticeFilings":[{"status":"Notice Filed","jurisdiction":"Florida","effectiveDate":"2023-03-31"}],"registrationStatus":[{"status":"Approved","jurisdiction":"SEC","effectiveDate":"2012-03-30"}]}},"wealthAumPerClient":null,"staff":{"employees":33,"advisory":16,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":10959742443,"discretionaryAccounts":14,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":62,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":13,"regulatoryAum":10945784602},{"label":"Other investment advisers","clients":null,"fewerThan5":true,"regulatoryAum":13957841}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"not_processed","checkedAt":"2026-10-16T07:38:42.088551+00:00","documents":[{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1044753","versionId":1044753,"submittedOn":null}]},"custodians":[],"custodyNote":"Redwood Capital Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Ruben Kliksberg","title":"Chief Executive Officer, Chief Investment Officer","crd":"6924914"},{"name":"Sean Sauler","title":"Deputy-Chief Executive Officer, Co-Chief Investment Officer","crd":"4671802"},{"name":"Antonia Healey","title":"Chief Financial Officer","crd":"6029808"},{"name":"Linda Forish","title":"Chief Operating Officer","crd":"5013104"},{"name":"Adam Bensley","title":"General Counsel, Chief Compliance Officer","crd":"5239266"}],"ownership":[{"label":"Redwood Capital Management Holdings, LP","detail":"Sole owner of redwood capital management, llc in the 75% or more ownership band and a control person, since March 2018."},{"label":"Double Twins K, LLC","detail":"Indirect owner: general partner of Redwood Capital Management Holdings, LP and a control person, since April 2020.","parent":"Redwood Capital Management Holdings, LP"},{"label":"Ruben Kliksberg","detail":"Indirect owner: a managing member of Double Twins K Redwood, LLC in the 50% to 75% band and a control person, since January 2023. Also a managing member of Double Twins K, LLC in the 50% to 75% band and a control person, since April 2020.","parent":"Double Twins K Redwood, LLC"},{"label":"Teomim Manager, LLC","detail":"Indirect owner: a member of Double Twins K, LLC in the 25% to 50% band and a control person, since April 2020. Also a member of Double Twins K Redwood, LLC in the 25% to 50% band and a control person, since January 2023.","parent":"Double Twins K, LLC"},{"label":"Teomim Family Trust","detail":"Indirect owner: a sole member of Teomim Manager, LLC in the 75% or more band and a control person, since August 2018.","parent":"Teomim Manager, LLC"},{"label":"Joel Kliksberg","detail":"Indirect owner: trustee of Teomim Family Trust and a control person, since August 2018.","parent":"Teomim Family Trust"},{"label":"Eyal Weinstein","detail":"Indirect owner: trustee of Teomim Family Trust and a control person, since August 2018.","parent":"Teomim Family Trust"},{"label":"Double Twins K Redwood, LLC","detail":"Indirect owner: a limited partner of Redwood Capital Management Holdings, LP in the 50% to 75% band and a control person, since January 2023.","parent":"Redwood Capital Management Holdings, LP"},{"label":"BPBFF0817 II, LLC","detail":"Indirect owner: a limited partner of Redwood Capital Management Holdings, LP in the 25% to 50% band and a control person, since January 2023.","parent":"Redwood Capital Management Holdings, LP"},{"label":"Sean Sauler","detail":"Indirect owner: a manager of BPBFF0817 II, LLC in the 75% or more band and a control person, since December 2022.","parent":"BPBFF0817 II, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"16690 Collins Avenue","city":"Sunny Isles Beach"}]},{"state":"New York","offices":1,"addresses":[{"street":"250 W 55th Street, 26th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-970-1400","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)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Non-exchange-traded equity securities","percent":63},{"label":"Non-investment grade corporate bonds","percent":10},{"label":"Other","percent":25,"detail":"Loans"}],"privateFunds":5},"sources":{"adv1FilingDate":"12 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/158243/PDF/158243.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Redwood Capital Management have?","answer":"Redwood Capital Management has 13 clients and manages $11 billion for them, as of May 2026. They include 13 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Redwood Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Redwood Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Redwood Capital Management invest in?","answer":"At the end of its last fiscal year, Redwood Capital Management’s separately managed accounts held 63% non-exchange-traded equities, 25% other, 10% high-yield corporate bonds and 2% exchange-traded equities. The 25% other category is described as: Loans. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Redwood Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Redwood Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/redwood-capital-management-158243/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1316622/000091957426005278/0000919574-26-005278-index.html","totalValue":927442105,"positionCount":25,"top10Share":0.8725675442565766,"top10":[{"issuer":"VIASAT INC","titleOfClass":"COM","cusip":"92552V100","value":197908908,"shares":2203640,"shareType":"SH"},{"issuer":"ECHOSTAR CORP","titleOfClass":"CL A","cusip":"278768106","value":128913019,"shares":1270079,"shareType":"SH","priorValue":185539209,"priorShares":1584857},{"issuer":"GLOBAL BUSINESS TRAVEL GROUP","titleOfClass":"COM CL A","cusip":"37890B100","value":103277248,"shares":10998642,"shareType":"SH","priorValue":122502293,"priorShares":21953816},{"issuer":"MASTERBRAND INC","titleOfClass":"COMMON STOCK","cusip":"57638P104","value":101067310,"shares":9821896,"shareType":"SH","priorValue":10687466,"priorShares":1286097},{"issuer":"OFFICE PPTYS INCOME TR","titleOfClass":"COM OF BENEFICIA","cusip":"67623C307","value":73567857,"shares":4327521,"shareType":"SH"},{"issuer":"AERCAP HOLDINGS NV","titleOfClass":"SHS","cusip":"N00985106","value":58933897,"shares":404266,"shareType":"SH","priorValue":55457210,"priorShares":404266},{"issuer":"TELEPHONE & DATA SYS INC","titleOfClass":"COM NEW","cusip":"879433829","value":47198187,"shares":1275282,"shareType":"SH","priorValue":53689372,"priorShares":1275282},{"issuer":"MOLINA HEALTHCARE INC","titleOfClass":"COM","cusip":"60855R100","value":45740000,"shares":200000,"shareType":"SH","priorValue":41323000,"priorShares":310000},{"issuer":"ELEVANCE HEALTH INC FORMERLY","titleOfClass":"COM","cusip":"036752103","value":32794704,"shares":84800,"shareType":"SH","priorValue":24825200,"priorShares":84800},{"issuer":"KBR INC","titleOfClass":"COM","cusip":"48242W106","value":19854750,"shares":575000,"shareType":"SH"}],"positionsListed":25,"positions":[{"issuer":"VIASAT INC","titleOfClass":"COM","cusip":"92552V100","value":197908908,"shares":2203640,"shareType":"SH"},{"issuer":"ECHOSTAR CORP","titleOfClass":"CL A","cusip":"278768106","value":128913019,"shares":1270079,"shareType":"SH","priorValue":185539209,"priorShares":1584857},{"issuer":"GLOBAL BUSINESS TRAVEL GROUP","titleOfClass":"COM CL A","cusip":"37890B100","value":103277248,"shares":10998642,"shareType":"SH","priorValue":122502293,"priorShares":21953816},{"issuer":"MASTERBRAND INC","titleOfClass":"COMMON STOCK","cusip":"57638P104","value":101067310,"shares":9821896,"shareType":"SH","priorValue":10687466,"priorShares":1286097},{"issuer":"OFFICE PPTYS INCOME TR","titleOfClass":"COM OF BENEFICIA","cusip":"67623C307","value":73567857,"shares":4327521,"shareType":"SH"},{"issuer":"AERCAP HOLDINGS NV","titleOfClass":"SHS","cusip":"N00985106","value":58933897,"shares":404266,"shareType":"SH","priorValue":55457210,"priorShares":404266},{"issuer":"TELEPHONE & DATA SYS INC","titleOfClass":"COM NEW","cusip":"879433829","value":47198187,"shares":1275282,"shareType":"SH","priorValue":53689372,"priorShares":1275282},{"issuer":"MOLINA HEALTHCARE INC","titleOfClass":"COM","cusip":"60855R100","value":45740000,"shares":200000,"shareType":"SH","priorValue":41323000,"priorShares":310000},{"issuer":"ELEVANCE HEALTH INC FORMERLY","titleOfClass":"COM","cusip":"036752103","value":32794704,"shares":84800,"shareType":"SH","priorValue":24825200,"priorShares":84800},{"issuer":"KBR INC","titleOfClass":"COM","cusip":"48242W106","value":19854750,"shares":575000,"shareType":"SH"},{"issuer":"FORTUNE BRANDS INNOVATIONS I","titleOfClass":"COM","cusip":"34964C106","value":18226800,"shares":332000,"shareType":"SH"},{"issuer":"CENTENE CORP DEL","titleOfClass":"COM","cusip":"15135B101","value":13383615,"shares":208500,"shareType":"SH","priorValue":6826290,"priorShares":208500},{"issuer":"CAESARS ENTERTAINMENT INC NE","titleOfClass":"COM","cusip":"12769G100","value":12675600,"shares":420000,"shareType":"SH","priorValue":11100600,"priorShares":420000},{"issuer":"UNITEDHEALTH GROUP INC","titleOfClass":"COM","cusip":"91324P102","value":11429825,"shares":27500,"shareType":"SH","priorValue":7441225,"priorShares":27500},{"issuer":"GRUPO AEROMEXICO SAB DE CV","titleOfClass":"SPONSORED ADS","cusip":"40054J109","value":10504440,"shares":583580,"shareType":"SH","priorValue":7727930,"priorShares":551601},{"issuer":"SABLE OFFSHORE CORP","titleOfClass":"COM SHS","cusip":"78574H104","value":9240000,"shares":3000000,"shareType":"SH"},{"issuer":"OPTIMUM COMMUNICATIONS INC","titleOfClass":"CL A","cusip":"02156K103","value":7524442,"shares":5189270,"shareType":"SH","priorValue":10646051,"priorShares":8189270},{"issuer":"AZUL S A","titleOfClass":"SPONSORED ADS","cusip":"05501U601","value":7344749,"shares":816991,"shareType":"SH"},{"issuer":"CBL & ASSOC PPTYS INC","titleOfClass":"COMMON STOCK","cusip":"124830878","value":6244074,"shares":117613,"shareType":"SH","priorValue":4519868,"priorShares":117613},{"issuer":"STUDIO CITY INTL HLDGS LTD","titleOfClass":"SPON ADS","cusip":"86389T106","value":5927503,"shares":3239073,"shareType":"SH","priorValue":7870947,"priorShares":3239073},{"issuer":"ECHOSTAR CORP","titleOfClass":"NOTE 3.875%11/3","cusip":"278768AB2","value":5895390,"shares":1915906,"shareType":"PRN","priorValue":84336641,"priorShares":23045906},{"issuer":"NORWEGIAN CRUISE LINE HLDGS","titleOfClass":"SHS","cusip":"G66721104","value":5488600,"shares":260000,"shareType":"SH"},{"issuer":"MERCER INTL INC","titleOfClass":"COM","cusip":"588056101","value":3067768,"shares":4648133,"shareType":"SH","priorValue":6600349,"priorShares":4648133},{"issuer":"EHEALTH INC","titleOfClass":"COM","cusip":"28238P109","value":696419,"shares":467395,"shareType":"SH","priorValue":602940,"priorShares":467395},{"issuer":"AMERICAN PUB ED INC","titleOfClass":"COM","cusip":"02913V103","value":537000,"shares":10000,"shareType":"SH","priorValue":568800,"priorShares":10000}]},"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."}