Eldridge Credit Advisers, Llc
- Regulatory AUM
- $8.5B
- Discretionary
- $8.5B
- Clients
- 36
- Avg AUM / client
- $235M
- Accounts
- 36
- Employees
- 292
AUM over time
Annual snapshots from Form ADV filings · as of May 13, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 29 | $6.3B | 74.2% |
| Insurance companies | 1 | $0 | — |
| Sovereign wealth funds and foreign official institutions | 5 | $2.2B | 25.8% |
| Corporations and other businesses | 1 | $0 | — |
Private funds (20)
View all →Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $5.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Maranon Centre Street Partnership, L.P. | Other Private Fund | Delaware | $695M | 5 |
| Maranon Loan Funding 2021 2, Ltd. | Securitized Asset Fund | Cayman Islands | $618M | 2 |
| Maranon Loan Funding 2021 3, Ltd. | Securitized Asset Fund | Cayman Islands | $411M | 2 |
| Maranon Loan Funding 2023 1, Ltd. | Securitized Asset Fund | Jersey | $407M | 2 |
| Maranon Loan Funding 2022 1, Llc | Securitized Asset Fund | Cayman Islands | $406M | 1 |
| Maranon Loan Funding 2021 1, Ltd. | Securitized Asset Fund | Cayman Islands | $398M | 1 |
| Maranon Loan Funding 2023 2, Ltd. | Securitized Asset Fund | Cayman Islands | $397M | 1 |
| Maranon Loan Funding 2020 1, Ltd. | Securitized Asset Fund | Cayman Islands | $359M | 1 |
| Maranon Senior Credit Opportunities Fund Spv Ii, L.P. | Other Private Fund | Delaware | $343M | 1 |
| Maranon Senior Credit Strategies Fund X Levered, L.P. | Other Private Fund | Delaware | $313M | 39 |
| Maranon Mezzanine Fund Iii B, Lp | Other Private Fund | Delaware | $178M | 19 |
| Maranon Senior Credit Opportunities Spv L.P. | Other Private Fund | Delaware | $131M | 1 |
| Maranon Senior Credit Strategies Fund Xiii Db, Llc | Other Private Fund | Delaware | $125M | 1 |
| Maranon Senior Credit Fund Ix Db, L.P. | Other Private Fund | Delaware | $112M | 3 |
| Maranon Senior Credit Strategies Fund V Levered, L.P. | Other Private Fund | Delaware | $62.3M | 30 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Larkin, Ian, Michael | Founding Partner And Chief Executive Officer Of Maranon Capital, L.P. | May 2007 (19y) | ≈ 0% – 3.75% via Maranon Capital Ultimate General Partner Llc | |
| Kircher, Robert, Emerson | Managing Director Of Maranon Capital, L.P. | Dec 2007 (19y) | 5% – 10% | |
| Long, Gregory, Michael | Managing Director Of Maranon Capital, L.P. | Dec 2007 (19y) | 5% – 10% | |
| Larkin, Nora, Louise | Trustee | Jan 2008 (19y) | ≈ 7.5% – 25% via Larkin 2008 Gift Trust | |
| Boehly, Todd, Lawrence | Member | Nov 2014 (12y) | ≈ 11.87% – 75% via Nzc Capital Llc | |
| Simkovich, Aaron, Emanuel | Chief Financial Officer Of Maranon Capital, L.P. | Jan 2019 (8y) | Less than 5% | |
| Albrecht, Laura, Koepke | Chief Administrative Officer | Jan 2022 (5y) | Less than 5% | |
| Kirmse, Daniel, Brian | Chief Compliance Officer | Jun 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Eldridge Maranon Holdings, Llc | Limited Partner Of Maranon Capital, L.P. | Jan 2019 | A | 50% – 75% |
| Larkin 2008 Gift Trust | Limited Partner Of Maranon Capital, L.P. | Jan 2008 | A | 10% – 25% |
| Maranon Capital Ultimate General Partner Llc | General Partner Of Maranon Capital, L.P. | May 2007 | A | Less than 5% |
| Eldridge Industries, Llc | Member | Dec 2017 | B | ≈ 28.13% – 75% via Eldridge Am Holdings, Llc |
| Sbt Investors Llc | Member | Jul 2010 | B | ≈ 21.09% – 75% via Eldridge Industries, Llc |
| Nzc Capital Llc | Member | Nov 2014 | B | ≈ 15.82% – 75% via Sbt Investors Llc |
| Eldridge Am Holdings, Llc | Member | Jan 2019 | B | ≈ 37.5% – 75% via Eldridge Maranon Holdings, Llc |
| Eldridge Maranon Holdings, Llc | Member | Jan 2019 | B | ≈ 0% – 3.75% via Maranon Capital Ultimate General Partner Llc |
Undisclosed: 0% – 5% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Larkin, Ian, Michael: 50% – 75% of Maranon Capital Ultimate General Partner Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Larkin, Nora, Louise: 75% – 100% of Larkin 2008 Gift Trust × 10% – 25% direct ≈ 7.5% – 25% of the firm
- Boehly, Todd, Lawrence: 75% – 100% of Nzc Capital Llc × 75% – 100% of Sbt Investors Llc × 75% – 100% of Eldridge Industries, Llc × 75% – 100% of Eldridge Am Holdings, Llc × 75% – 100% of Eldridge Maranon Holdings, Llc × 50% – 75% direct ≈ 11.87% – 75% of the firm
- Eldridge Industries, Llc: 75% – 100% of Eldridge Am Holdings, Llc × 75% – 100% of Eldridge Maranon Holdings, Llc × 50% – 75% direct ≈ 28.13% – 75% of the firm
- Sbt Investors Llc: 75% – 100% of Eldridge Industries, Llc × 75% – 100% of Eldridge Am Holdings, Llc × 75% – 100% of Eldridge Maranon Holdings, Llc × 50% – 75% direct ≈ 21.09% – 75% of the firm
- Nzc Capital Llc: 75% – 100% of Sbt Investors Llc × 75% – 100% of Eldridge Industries, Llc × 75% – 100% of Eldridge Am Holdings, Llc × 75% – 100% of Eldridge Maranon Holdings, Llc × 50% – 75% direct ≈ 15.82% – 75% of the firm
- Eldridge Am Holdings, Llc: 75% – 100% of Eldridge Maranon Holdings, Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Eldridge Maranon Holdings, Llc: 50% – 75% of Maranon Capital Ultimate General Partner Llc × 0% – 5% direct ≈ 0% – 3.75% 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 (20, $5.1B gross assets)
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/13/2026 | 8.19 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
- • Other fees
- • REFER TO PART 2A, ITEM 5
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Umb Bank $973M (12% of AUM) May 2026
- State Street $415M (5% of AUM) May 2026
- U.S. Bank $381M (5% of AUM) May 2026
- Northwestern Mutual Investment Services, Llc $30.0M (1% of AUM) Mar 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 13, 2026.
View current Form ADV (SEC/IAPD) ↗