European Credit Management Limited (London)


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.