AUMdb

Global Credit Advisers, Llc

SEC-registered Private Fund Manager · Small ($100M–$1B) CRD 147843 · SEC file 801-69725 · New York, NY · WWW.GLOBALCREDITADVISERS.COM
☆ Save with Pro ADV data as of Aug 05, 2026
Regulatory AUM
$506M
Discretionary
$506M
Clients
8
Avg AUM / client
$63.2M
Accounts
8
Employees
14

AUM over time

$506M $1.6B
Mar 15, 2012 Aug 5, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Aug 05, 2026

Who they serve

Client typeClientsAUM% of AUM
Investment companies 1 $65.1M 12.9%
Pooled investment vehicles (non-investment companies) 7 $441M 87.1%

Private funds (6)

Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $902M combined gross assets

FundTypeDomicileGross assetsOwners
Gca Enhanced Master Fund, Ltd. master Hedge Fund Cayman Islands $383M 59
Gca Enhanced Offshore Fund, Ltd. feeder Hedge Fund Cayman Islands $229M 39
Gca Credit Opportunities Master Fund, Ltd. master Hedge Fund Cayman Islands $140M 36
Gca Credit Opportunities Offshore Fund, Ltd. feeder Hedge Fund Cayman Islands $75.1M 12
Gca Credit Opportunities Fund, Llc feeder Hedge Fund Delaware $42.5M 24
Gca Enhanced Fund, Llc feeder Hedge Fund Delaware $32.7M 20

People (4)

NameRole / titleCredentialsWith firm sinceOwnership
Hornstein, Steven Chief Executive Officer Mar 2008 (18y) 50% – 75%
Finn, Timothy, Paul Chief Compliance Officer Jun 2008 (18y) Less than 5%
Hessel, Brian, Leslie Chief Operating Officer Jun 2008 (18y) 25% – 50%
Pizzo, Frank, Thomas Chief Financial Officer Sep 2021 (5y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Hornstein Family Limited Partnership Ii Member Jul 2014 A 10% – 25%
Steven S Hornstein Descendants Trust Fbo Jake Ii Limited Partner, Trustee Jul 2014 B ≈ 2.5% – 12.5% via Hornstein Family Limited Partnership Ii
Steven S Hornstein Descendants Trust Fbo Jaclyn Ii Limited Partner, Trustee Jul 2014 B ≈ 2.5% – 12.5% via Hornstein Family Limited Partnership Ii

Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Steven S Hornstein Descendants Trust Fbo Jake Ii: 25% – 50% of Hornstein Family Limited Partnership Ii × 10% – 25% direct ≈ 2.5% – 12.5% of the firm
  • Steven S Hornstein Descendants Trust Fbo Jaclyn Ii: 25% – 50% of Hornstein Family Limited Partnership Ii × 10% – 25% direct ≈ 2.5% – 12.5% of the firm

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (6, $902M gross assets)

FundTypeGross assetsMin. investmentOwners
Gca Enhanced Master Fund, Ltd. Hedge Fund $383M $1.0M 59
Gca Enhanced Offshore Fund, Ltd. Hedge Fund $229M $1.0M 39
Gca Credit Opportunities Master Fund, Ltd. Hedge Fund $140M $1.0M 36
Gca Credit Opportunities Offshore Fund, Ltd. Hedge Fund $75.1M $1.0M 12
Gca Credit Opportunities Fund, Llc Hedge Fund $42.5M $1.0M 24
Gca Enhanced Fund, Llc Hedge Fund $32.7M $1.0M 20

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/26/2026 2.39 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

No disciplinary events reported on the firm's latest Form ADV filing.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles

Custody

Firm reports it does not have custody of client funds or securities (Item 9.A).

No custodian data reported or mined yet.

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Aug 05, 2026.

View current Form ADV (SEC/IAPD) ↗