Overview
Advisory Business
A. Advisory Business and Ownership. GreensLedge Advisors is a Delaware limited liability company
formed on October 9, 2013. GreensLedge Advisors is a wholly owned subsidiary of The GreensLedge
Group LLC (“GLG”).
B. Types of Clients. GreensLedge provides investment advisory services only to private pooled
investment vehicles not registered under the Investment Company Act of 1940, as amended (the
“Investment Company Act”). GreensLedge Advisors currently advises one client, an asset-backed
commercial paper conduit (the “GreensLedge Conduit” or “Client”), that invests in a portfolio of trade
receivables, consumer receivables, asset backed securities, and corporate loans, bonds, and repurchase
agreements.
C. Tailored Advisory Services. GreensLedge tailors its advisory services to the specific investment
objectives and restrictions of its Client. GreensLedge Advisors makes initial investment decisions
pursuant to a set of standards (the “Credit and Investment Policy”) agreed between the Client and its
third-party structured liquidity provider. GreensLedge does not tailor its investment advisory services
to meet the individual needs of the underlying investors in its Client.
D. Wrap Fee Programs. GreensLedge does not participate in any wrap fee programs.
E. Client Assets. As of December 31, 2023, GreensLedge’s regulatory assets under management was
$1,965,478,268 managed on a discretionary basis.