Overview
A. Silver Capital Management, LLC (“Advisor,” “we” or “us”) is a Delaware limited liability
company that was formed May 18, 2000. We are principally owned by Bruce S. Silver.
SCM Management, LLC (“SCM Management”), a Delaware limited liability company and
an affiliate of the Advisor, is a “relying adviser,” as defined in the Glossary to Form ADV,
with respect to the Advisor. SCM Management is also principally owned and controlled
by Mr. Silver. The description of the Advisor’s business and activities throughout this
brochure includes the business and activities of SCM Management.
B. We provide discretionary investment advice to private investment funds and certain
separately managed accounts. We generally invest and trade on behalf of our clients in a
wide variety of securities and financial
instruments, domestic and foreign, of all kinds and
descriptions, whether publicly traded or privately placed.
C. We generally do not permit investors in the private investment funds we manage to impose
limitations on the investment activities described in the offering documents for those funds.
Under certain circumstances, we will contract with a client to adhere to limited risk and/or
operating guidelines imposed by the client. We negotiate such arrangements on a case by
case basis. (See Item 16 “Investment Discretion.”)
D. We do not participate in wrap fee programs.
E. As of February 29, 2024, we managed approximately $51,465,327 on a discretionary basis.
This amount is based on unaudited information. We currently do not manage any assets
on a non-discretionary basis.