Ls Bdc Adviser, Llc
- Regulatory AUM
- $1.0B
- Discretionary
- $1.0B
- Clients
- 1
- Avg AUM / client
- $1.0B
- Accounts
- 2
- Employees
- 35
AUM over time
Annual snapshots from Form ADV filings · as of Jun 02, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Business development companies | 1 | $1.0B | 97.9% |
| Other | Fewer than 5 clients | $21.4M | 2.05% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $107M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lafayette Square Private Fund, Llc master | Liquidity Fund | Delaware | $107M | 2 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dwin, Damien, Ramon | President And Chief Executive Officer; Director | Aug 2020 (6y) | ≈ 37.5% – 75% via Lafayette Square Holding Company, Llc | |
| Daniele, Philip | Chief Risk Officer | Mar 2021 (5y) | Less than 5% | |
| Stone, Ileana | Chief Compliance Officer/Chief Administrative Officer/General Counsel | Jul 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lafayette Square Holding Company, Llc | Member | Feb 2021 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Dwin, Damien, Ramon: 50% – 75% of Lafayette Square Holding Company, Llc × 75% – 100% direct ≈ 37.5% – 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 (1, $107M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Lafayette Square Private Fund, Llc | Liquidity Fund | $107M | $1.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/02/2026 | 964 KB | 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
- • Other services
Custody
Reported custodians
- BNY Mellon $21.4M (2% of AUM) Jun 2026
- First Republic Securities Company, Llc $17.0M (38% of AUM) Apr 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Jun 02, 2026.
View current Form ADV (SEC/IAPD) ↗