Overview
SWS Capital Management, LLC (“SWSCM” or the “Adviser”) is a Delaware limited
liability company formed in December 2001. SWSCM’ registration with the United States
Securities and Exchange Commission (the “SEC”) became effective in September 2002.
SWSCM is a wholly owned subsidiary of Shank Williams Cisneros, LLC. Shank Capital
Group, LLC is a member of Shank Williams Cisneros, LLC. Suzanne Shank-Werdlow is a
super majority member of Shank Capital Group, LLC. Christopher J. Williams is SWSCM’
Chief Executive Officer (“CEO”).
SWSCM focuses primarily on cash management and fixed-income strategies. The Adviser
provides discretionary fixed-income advisory services for institutional investors through
separate accounts. The separate accounts include cash strategies and fixed income portfolios.
The portfolios are benchmarked against government and corporate indexes. The funds in each
account are managed according to the client’s guidelines. Separate account clients may
impose restrictions on investing in certain securities or types of securities.
SWSCM also serves as the investment manager of two private funds, Clear Vision Impact
Fund, LP (“Clear Vision”) and New York Social Equity Cannabis Investment Fund, L.P.
(“NYSECIF”). Each a “Fund” and together the “Funds.”
Clear Vision is a Delaware limited partnership. Clear Vision makes investments in sustainable
minority-owned businesses, businesses that operate in or serve underserved markets, and
businesses that foster inclusive growth through commercially sustainable business models.
Clear Vision’s investment strategy consists of originating loans to small and medium-sized
businesses, investing in equity capital issued in connection with debt investments where
appropriate, and providing strategic advice where appropriate to enhance operational
performance of portfolio companies.
NYSECIF is a New York limited partnership formed in cooperation and coordination with
the Dormitory Authority of the State of New York (“DASNY”) for the purpose, among other
things, of financing the initial build-out of storefront conditional adult-use retail dispensaries
in New York State. DASNY and NYSECIF’s general partner are the only limited partners of
the Fund.
In addition, SWSCM also provides fixed-income investment management services to a third-
party investment adviser. SWSCM does not have any regulatory assets under management
attributable to this client.
Overall, the Adviser is flexible and willing to tailor its service to client needs within fixed
income asset management.
SWSCM does not participate in wrap fee programs.
As of December 31, 2023, SWSCM managed approximately $459M on a discretionary
basis and $38M on a non-discretionary basis.