Stellus Capital Management, Llc
- Regulatory AUM
- $3.5B
- Discretionary
- $3.5B
- Clients
- 20
- Avg AUM / client
- $175M
- Accounts
- 20
- Employees
- 36
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jul 14, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Business development companies | 1 | $1.0B | 29.7% |
| Pooled investment vehicles (non-investment companies) | 19 | $2.5B | 70.3% |
Private funds (10)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $1.4B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Stellus Credit Master Fund Iii, Llc master | Private Equity Fund | Delaware | $414M | 48 |
| Stellus Credit Vcoc Fund Iii, Llc | Private Equity Fund | Delaware | $275M | 11 |
| Stellus Credit Master Fund Ii, Llc master | Private Equity Fund | Delaware | $168M | 55 |
| Stellus Credit Funds Investor B, Lp | Private Equity Fund | Cayman Islands | $129M | 1 |
| Stellus Credit Funds Investor A, Llc | Private Equity Fund | Delaware | $128M | 2 |
| Stellus Credit Vcoc Fund Ii, Llc | Private Equity Fund | Delaware | $100M | 9 |
| Stellus Senior Secured Loan Fund, Llc master | Private Equity Fund | Delaware | $99.1M | 3 |
| Stellus Private Credit Bdc Feeder Lp | Private Equity Fund | Delaware | $93.1M | 8 |
| Stellus Credit Master Fund I, Llc master | Private Equity Fund | Delaware | $16.3M | 13 |
| Stellus Credit Vcoc Fund I, Llc | Private Equity Fund | Delaware | $6.1M | 5 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dangelo, Dean, Andrew | Member, Partner | Jan 2012 (15y) | Less than 5% | |
| Davis, Joshua, Thomas | Member, Partner | Jan 2012 (15y) | Less than 5% | |
| Huskinson, William, Todd | Member, Partner, Cco, Cfo | Jan 2012 (15y) | Less than 5% | |
| Ladd, Robert, Thomsen | Managing Member, Managing Partner | Jan 2012 (15y) | 50% – 75% of Scm Holdings Gp, Llc (indirect) | |
| Overbergen, Todd, Alan | Member, Partner | Jan 2012 (15y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Stellus Capital Management Holdings, L.P. | Member | Jan 2012 | A | 75% or more |
| Scm Holdings Gp, Llc. | General Partner | Jan 2012 | B | ≈ 56.25% – 100% via Stellus Capital Management Holdings, L.P. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Scm Holdings Gp, Llc.: 75% – 100% of Stellus Capital Management Holdings, L.P. × 75% – 100% direct ≈ 56.25% – 100% 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 (10, $1.4B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Stellus Credit Master Fund Iii, Llc | Private Equity Fund | $414M | $5.0M | 48 |
| Stellus Credit Vcoc Fund Iii, Llc | Private Equity Fund | $275M | $5.0M | 11 |
| Stellus Credit Master Fund Ii, Llc | Private Equity Fund | $168M | $5.0M | 55 |
| Stellus Credit Funds Investor B, Lp | Private Equity Fund | $129M | $5.0M | 1 |
| Stellus Credit Funds Investor A, Llc | Private Equity Fund | $128M | $5.0M | 2 |
| Stellus Credit Vcoc Fund Ii, Llc | Private Equity Fund | $100M | $5.0M | 9 |
| Stellus Senior Secured Loan Fund, Llc | Private Equity Fund | $99.1M | $5.0M | 3 |
| Stellus Private Credit Bdc Feeder Lp | Private Equity Fund | $93.1M | $1.0M | 8 |
| Stellus Credit Master Fund I, Llc | Private Equity Fund | $16.3M | $5.0M | 13 |
| Stellus Credit Vcoc Fund I, Llc | Private Equity Fund | $6.1M | $5.0M | 5 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/14/2026 | 4.4 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 having 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: Jul 14, 2026.
View current Form ADV (SEC/IAPD) ↗