QMP Management, LLC (“QMP”), and Quadrant Mezzanine Partners, LLC (“QM”, and together with
QMP, the “Firm”, the “Adviser”, “we”, “us”, or “our”) are each investment advisory firms based in Dallas,
Texas and were founded by Randall Fleisher and Michael Young. QM was founded in 2015 and QMP
was founded in 2016. The Firm is owned directly by Quadrant Mezzanine Investors, LLC, Moss Creek
Capital, LP Andrew Zeitman, David R. Weinreb, and David Striph. The Firm is indirectly owned by
Randall Fleisher, Lisa Fleisher, Howard Rachofsky, and Nick Cassavechia via various entities. QM is a
relying adviser of QMP.
Together with its affiliates, Quadrant Finance Partners GP, LLC and QFP GP II, LP, (collectively referred
to as the “General Partner” or “General Partners”), QMP provides investment advisory services to limited
types of private pooled investment vehicles specifically related to secured debt. The pooled investment
vehicle Quadrant Finance Partners, LP (“QFP”) and QFP II, LP (“QFP II) or (“Fund” or “Funds”) are
private equity funds. QMP’s relying adviser, QM, serves as an asset manager to a portfolio of loans held
by a sleeve of Pimco Tactical Opportunities Master Fund, Ltd. named Tocu II, LLC (“Tocu”). Tocu and
the Funds are QMP’s clients (“Clients”). Quadrant
Finance Partners GP, LLC serves as the General Partner
of QFP and its subsidiary partnerships Quadrant Debt Fund, LP (“QDF”), and Quadrant Mezzanine Fund,
LP (“QMF”), while QFP GP II, LP serves as the General Partner to QFP II. In this Brochure “Fund
Investors” refers to the investors in the Funds. “Client Investors” refers to the investors in both the Funds
and Tocu.
QFP originates and acquires both whole loans and mezzanine notes, through its separate, wholly-owned
subsidiary partnerships: QDF and QMF (each a “Subsidiary Partnership” and collectivity, “Subsidiary
Partnerships”). These investments may take the form of loans, note, bridge loans, assignments, interest
rate derivatives, and participations. QFP may also directly or indirectly originate loans and debt
instruments and will also have the ability to directly or indirectly acquire investments through secondary
transactions. In certain circumstances, QFP may also foreclose on its interest in a particular investment
and assume an ownership position.
We do not participate in any wrap fee programs.
We manage $184,203,288 of Regulatory Assets Under Management (“RAUM”) on a discretionary basis, as
of December 31, 2023. We do not manage client assets on a non-discretionary basis.