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Adviser Profile

As of Date 05/22/2024
Adviser Type - Large advisory firm
- An investment adviser to a company which has elected to be a business development company
Number of Employees 423 -0.24%
of those in investment advisory functions 145 -5.84%
Registration SEC, Approved, 6/12/1970
AUM* 64,193,181,956 18.36%
of that, discretionary 64,193,181,956 18.36%
Private Fund GAV* 9,226,040,803 27.53%
Avg Account Size 274,329,837 29.48%
% High Net Worth 12.68% -22.32%
SMA’s Yes
Private Funds 33 18
Contact Info 213 xxxxxxx
Websites

Client Types

- High net worth individuals
- Business development companies
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- State or municipal government entities
- Insurance companies
- Sovereign wealth funds and foreign official institutions
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
65B 56B 46B 37B 28B 19B 9B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count11 GAV$3,930,868,219
Fund TypePrivate Equity Fund Count2 GAV$146,735,272
Fund TypeSecuritized Asset Fund Count14 GAV$4,300,270,011
Fund TypeOther Private Fund Count6 GAV$848,167,301

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Brochure Summary

Overview

WHO WE ARE. We are an investment adviser registered with the SEC under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and have been since 1970. We are a Delaware limited liability company. We are wholly-owned by The TCW Group, Inc., a Nevada corporation (“TCW Group”). In February 2013, TCW management and private investment funds affiliated with alternative asset manager The Carlyle Group (together with such affiliated funds, “Carlyle”) acquired TCW Group. On December 27, 2017, Nippon Life Insurance Company (“Nippon”) acquired a minority stake in TCW Group. At present, TCW Group is co-owned by TCW management and employees, Carlyle, and Nippon. THE SERVICES WE OFFER. We provide investment management and advice for a wide array of U.S. Equities, U.S. Fixed Income, International and Alternatives investment strategies for institutional and individual investors through investment advisory accounts (“Accounts”), private open- and closed-end commingled investment funds (“Funds”) and structured investment vehicles such as collateralized debt obligations. We are typically the direct adviser for an Account or Fund, but we sometimes are a sub-adviser. Our clients include private or government investment funds and institutions, including pension funds, foreign investment companies, high net worth individuals and family offices and others. Those clients are generally sophisticated investors and often have internal and external consultants and advisers to assist them with determinations of their individual needs, such as allocations among types of investments, and do not seek those determinations from us. We may agree with certain clients on investment guidelines
that restrict the securities or types of securities that we invest in on their behalf. ASSETS UNDER MANAGEMENT. As of December 31, 2023, we had $64,193,181,956 in discretionary assets under management and $0 in non-discretionary assets under management. The TCW Group of Companies, including affiliated entities, had approximately $210 billion in assets under management as of that date. IMPORTANT NOTICE This Brochure may be provided to a prospective investor (“Investor”) in one of our Funds, upon request, together with its private placement memorandum and limited partnership agreement or similar agreement (“Offering Material”) and other related documents (“Governing Documents”), in connection with Investor’s consideration of an investment in the Fund. While this Brochure may include information about the Fund, it does not represent a complete discussion of the features, risks or conflicts associated with the Fund. More complete information about each of our Funds is included in its Governing Documents. In no event should this Brochure be considered an offer of interests in a Fund or relied upon in determining to invest in a Fund. It is also not an offer of, or agreement to provide, advisory services directly to any recipient. Rather, this Brochure is designed only to provide information about us to comply with regulatory requirements under the Advisers Act, which may cause information in this Brochure to differ from the information provided in the Governing Documents. If there is any conflict between the information in this Brochure and similar information in the Fund’s Governing Documents, you should rely on the information in the Governing Documents.