Canal Road Capital, Llc
- Regulatory AUM
- $1.3B
- Discretionary
- $661M
- Clients
- 1
- Avg AUM / client
- $1.3B
- Accounts
- 3
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Banking or thrift institutions | Fewer than 5 clients | $500M | 39.6% |
| Pooled investment vehicles (non-investment companies) | 1 | $661M | 52.4% |
| Insurance companies | Fewer than 5 clients | $100M | 7.93% |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Damaso, Michael, Peter | Co Ceo/Co Cio | May 2023 (3y) | ≈ 18.75% – 50% via Canal Road Group, Llc | |
| Young, Donald, Cotter | Co Ceo/Co Cio | May 2023 (3y) | ≈ 18.75% – 50% via Canal Road Group, Llc | |
| Cohen, Peter, George | Chief Compliance Officer | Jul 2023 (3y) | Less than 5% | |
| Kudrako, James, William | Head Of Operations | Jul 2023 (3y) | Less than 5% | |
| Sclater, Benjamin, John | Chief Financial Officer | Jul 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Canal Road Group, Llc | Sole Managing Member | Jun 2023 | 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):
- Damaso, Michael, Peter: 25% – 50% of Canal Road Group, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Young, Donald, Cotter: 25% – 50% of Canal Road Group, Llc × 75% – 100% direct ≈ 18.75% – 50% 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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.2 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 pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Bank Of Montreal $500M (40% of AUM) Mar 2026
- State Street $100M (8% of AUM) Mar 2026
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: Mar 24, 2026.
View current Form ADV (SEC/IAPD) ↗