European Credit Management Limited (London)

Name: European Credit Management Limited
Address: 34 Grosvenor Street, London, W1 K 4 Qu
Telephone: 44 20 7529 7400

European Credit Management Limited is a large advisory firm based in London. It manages $9.47 billion of regulatory assets for 41 client accounts. It has been registered with the SEC as an adviser since 2004.

European Credit Management Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

European Credit Management Limited: assets under management

The assets under management (AUM) of European Credit Management Limited is $9.47 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.47 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $230.88 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay European Credit Management Limited for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at European Credit Management Limited

Dennis Henry Ferro has been acting as President since 1 May 2007. Kenneth Joseph Petrilla joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Andrew Blakey	Joint ceo	1 Mar 1999	25% - 50%	4707690
Stephen John Rumsey	Joint ceo	1 Mar 1999	25% - 50%	4843264
Stephen Martin Zinser	Joint ceo	1 Mar 1999	25% - 50%	4707692
Jeremy Charles Wrigley	Cfo/coo	1 Mar 1999	Other	4707689
Susan Margaret Mccoubrie Ameri	Head of market risk management	1 Jun 1999	Other	4843278
Joseph Anthony Biernat	Head of research	1 Apr 2000	Other	2755043
S Blakey Trust (Trustee Island Trustees Limited)	Shareholder	1 Apr 2002	Other	foreign
S Rumsey Trust (Trustee Island Trustees Limited)	Shareholder	1 Apr 2002	Other	foreign
S Zinser Trust (Trustee Island Trustees Limited)	Shareholder	1 Apr 2002	Other	foreign
Julian Vincent Campbell	Head of compliance	1 Jun 2002	Other	4843281
Asstel Lebensversicherung Ag	Shareholder	1 Dec 2003	Other	foreign
Jurgen Meisch	Non executive director	1 Jul 2004	Other	4843834
Gothaer Lebensversicherung Ag	Shareholder	1 Sep 2004	Other	foreign
S Zinser Trust (Trustee Messrs Hoare Trustees)	Shareholder	1 Dec 2004	Other	foreign
S Blakey Trust (Trustee Messrs Hoare Trustees)	Shareholder	1 Dec 2004	Other	foreign
S Rumsey Trust (Trustee Messrs Hoare Trustees)	Shareholder	1 Dec 2004	Other	foreign
Ecm Holdings Limited	Shareholder	1 Jan 2007	50% - 75%	foreign
Dennis Henry Ferro	Director	1 May 2007	Other	2477513
Richard Scott Gershen	Director	1 May 2007	Other	2192421
David Milton Carroll	Director	1 May 2007	Other	2946339
Joseph Anthony Biernat	Chief investment strategist	1 Jan 2008	Other	2755043
Frances Ann Hutchinson	Head of credit research	1 Jan 2008	Other	5507878
Thomas Karl Hoops	Director	1 Feb 2009	Other	5156895
Matthew Charles Moss	Director	1 Apr 2009	Other	4499363
Michael Niedermeyer	Director	1 May 2009	Other	1660825
Steven Andrew Blakey	Chairman/director	1 Sep 2010	Other	4707690
Frances Ann Hutchinson	Head of business & strategic planning	1 Sep 2010	Other	5507878
Kenneth Joseph Petrilla	Director	1 Dec 2010	Other	5907658

Indirect Owners

The SEC currently registers 13 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
C Hoare & Co	Shareholder	1 Jul 1929	75% - 100%	foreign
Gothaer Finanzholding Ag	Shareholder	1 Sep 2001	75% - 100%	foreign
Gothaer Versicherungsbank Vvag	Shareholder	1 Sep 2001	75% - 100%	foreign
Deloitte & Touche Holdings Limited	Shareholder	1 May 2003	75% - 100%	foreign
Deloitte & Touche Llp	Shareholder	1 Aug 2003	75% - 100%	foreign
Deloitte & Touche Holdings Limited	Shareholder	1 May 2004	75% - 100%	foreign
Messrs Hoare Trustees	Shareholder	1 Dec 2004	75% - 100%	foreign
Evergreen Ecm Holdings Bv	Shareholder	1 Dec 2006	75% - 100%	foreign
Danube Holdings Iii Cv	Shareholder	1 Dec 2006	75% - 100%	foreign
Wachovia Corporation	Shareholder	1 Dec 2006	75% - 100%	56-089818
Evergreen Ecm Holdings B.V.	Shareholder	1 Dec 2006	75% - 100%	foreign
Danube Holdings Iii C.V.	Shareholder	1 Dec 2006	75% - 100%	foreign
Wells Fargo & Company	Shareholder	1 Dec 2008	75% - 100%	41-0449260

Based in London

The principal office where European Credit Management Limited performs its advisory services is located at 34 Grosvenor Street, London, W1 K 4 Qu, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44 20 7529 7400 or by fax 44 20 7529 7411. The normal business hours are 0400-1300hrs (est) on Monday - Friday. You can find more information about the New York firm at www.europeancredit.com.