DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Ppm Loan Management Company 2, LLC
Latest filing Aug 5, 2026
First filing on the tape Jun 4, 2018 · 22 filings
SEC status approved since Jul 3, 2018
RAUM
$2.7B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
12
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
8
reported on Schedule D
History
22 filings and snapshots on the tape
RAUM$2.7B as of Aug 5, 2026
Mar 29, 2019$746M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 5, 2026
Mar 29, 20190 then
Employees (5.A)12 as of Aug 5, 2026
Mar 29, 201911 then
Private funds8 as of Aug 5, 2026
Mar 29, 20193 then
RAUM +7.0% over the last fiscal year+9.4% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 5, 2026; every figure names its basis
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $340MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +7.0%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehiclesreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$2.7B100%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 8reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
6 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Ppm Clo 6-R Ltd. | Securitized Asset Fund | $391M | 1 | Mar 30, 2023 |
| Ppm Clo 5 Ltd. | Securitized Asset Fund | $389M | 1 | Mar 30, 2022 |
| Ppm Clo 3 Ltd. | Securitized Asset Fund | $384M | 1 | Mar 29, 2019 |
| Ppm Clo 2 Ltd. | Securitized Asset Fund | $379M | 1 | Mar 29, 2019 |
| Ppm Clo 2018-1 Ltd. | Securitized Asset Fund | $361M | 1 | Jun 4, 2018 |
| Ppm Clo 4 Ltd. | Securitized Asset Fund | $339M | 1 | Mar 30, 2020 |
Owners and control persons
Schedule A and B, latest filing
- Richard Thomas Barrus · Senior Vice President, Chief Compliance Officercontrolsince 05/2018 · owns less than 5%
- T Mary Capasso · Executive Vice President, Chief Operating Officer, General Counselcontrolsince 01/2021 · owns less than 5%
- Wayne Don Cummings · Directorcontrolsince 06/2024 · owns less than 5%
- Oliver Jordan · Executive Vice President, Chief Financial Officer, Treasurercontrolsince 01/2021 · owns less than 5%
- Chikezie Ogechi Nwachukwu · Directorcontrolsince 06/2024 · owns less than 5%
- Donald Craig Smith · President, Chief Executive Officer, Directorcontrolsince 01/2021 · owns less than 5%
Entity owners
- Jackson National Life Insurance Company · Sole Member Of "Retention Series" Of Applicantdirect · owns 75% or more
- Ppm America Inc · Sole Member Of "Mangement And Originator Series" Of Applicantdirect · owns 75% or more
- Brooke Life Insurance Company · Sole Shareholderindirect · owns 75% or more of Jackson National Life Insurance Company
- Jackson Financial Inc. · Sole Shareholderindirect · owns 75% or more of Jackson Holdings, LLC · public reporting company
- Jackson Holdings, LLC · Sole Shareholderindirect · owns 75% or more of Brooke Life Insurance Company
- Jackson Holdings, LLC · Sole Shareholderindirect · owns 75% or more of Ppm Holdings, Inc.
- Ppm Holdings, Inc. · Sole Shareholderindirect · owns 75% or more of Ppm America Inc
Related persons
Schedule D 7.A
- Brooke Life Insurance Companyreal estaten
- Jackson National Asset Management, LLCinvestment adviserbankpooled vehicle sponsornRAUM $246B
- Jackson National Life Distributors LLCbroker-dealern
- Jackson National Life Insurance Companyreal estatey
- Ppm America Capital Partners III, LLCinvestment adviserpooled vehicle sponsorn
- Ppm America Capital Partners IV, LLCinvestment adviserpooled vehicle sponsorn
- Ppm America Capital Partners V, LLCinvestment adviserpooled vehicle sponsorn
- Ppm America Capital Partners Vi, LLCinvestment adviserpooled vehicle sponsorn
- Ppm America Capital Partners Vii, LLCinvestment adviserpooled vehicle sponsorn
- Ppm America Capital Partners Viii, LLCinvestment adviserpooled vehicle sponsory
- Ppm America Incinvestment adviseryRAUM $94B
- Ppm Pomona Capital Partners, LLCinvestment adviserpooled vehicle sponsory
Advisers that list Ppm Loan Management Company 2, LLC as a related person
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Employees · 11 to 12Jan 14, 2026 to Mar 29, 2026
- Discretionary RAUM · $2.5B to $2.7BJan 14, 2026 to Mar 29, 2026
- Pooled vehicle RAUM · $2.5B to $2.7BJan 14, 2026 to Mar 29, 2026
- RAUM · $2.5B to $2.7BJan 14, 2026 to Mar 29, 2026
- Accounts · 6 to 8Jul 11, 2024 to Mar 31, 2025
- Pooled vehicle clients · 6 to 8Jul 11, 2024 to Mar 31, 2025
- Employees · 10 to 11Jul 11, 2024 to Mar 31, 2025
- Financial planning clients · 0 to 0Jul 11, 2024 to Mar 31, 2025
- Private funds · 6 to 8Jul 11, 2024 to Mar 31, 2025
- Discretionary RAUM · $2.2B to $2.5BJul 11, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $2.2B to $2.5BJul 11, 2024 to Mar 31, 2025
- RAUM · $2.2B to $2.5BJul 11, 2024 to Mar 31, 2025
- Advisory employees · 7 to 5Dec 8, 2023 to Mar 28, 2024
- Employees · 12 to 10Dec 8, 2023 to Mar 28, 2024
- Discretionary RAUM · $2.1B to $2.2BDec 8, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $2.1B to $2.2BDec 8, 2023 to Mar 28, 2024
- RAUM · $2.1B to $2.2BDec 8, 2023 to Mar 28, 2024
- Other offices · 1 to 0Mar 30, 2023 to Dec 8, 2023
- Accounts · 5 to 6Nov 15, 2022 to Mar 30, 2023
- Advisory employees · 4 to 7Nov 15, 2022 to Mar 30, 2023
- Pooled vehicle clients · 5 to 6Nov 15, 2022 to Mar 30, 2023
- Other offices · 0 to 1Nov 15, 2022 to Mar 30, 2023
- Private funds · 5 to 6Nov 15, 2022 to Mar 30, 2023
- Discretionary RAUM · $1.9B to $2.1BNov 15, 2022 to Mar 30, 2023
- Pooled vehicle RAUM · $1.9B to $2.1BNov 15, 2022 to Mar 30, 2023
- RAUM · $1.9B to $2.1BNov 15, 2022 to Mar 30, 2023
- Business name · PPM LOAN MANAGEMENT COMPANY, LLC to PPM LOAN MANAGEMENT COMPANY 2, LLCOct 27, 2022 to Nov 15, 2022
- Legal name · PPM LOAN MANAGEMENT COMPANY, LLC to PPM LOAN MANAGEMENT COMPANY 2, LLCOct 27, 2022 to Nov 15, 2022
- Succession · true to falseOct 27, 2022 to Nov 15, 2022
- Succession · false to trueApr 26, 2022 to Oct 27, 2022
- Accounts · 4 to 5Feb 25, 2022 to Mar 30, 2022
- Pooled vehicle clients · 4 to 5Feb 25, 2022 to Mar 30, 2022
- Employees · 11 to 12Feb 25, 2022 to Mar 30, 2022
- Private funds · 4 to 5Feb 25, 2022 to Mar 30, 2022
- Discretionary RAUM · $1.5B to $1.9BFeb 25, 2022 to Mar 30, 2022
- Pooled vehicle RAUM · $1.5B to $1.9BFeb 25, 2022 to Mar 30, 2022
- RAUM · $1.5B to $1.9BFeb 25, 2022 to Mar 30, 2022
- BD registered reps · 1 to 0Feb 3, 2021 to Mar 31, 2021
- Discretionary RAUM · $1.2B to $1.5BFeb 3, 2021 to Mar 31, 2021
- Pooled vehicle RAUM · $1.2B to $1.5BFeb 3, 2021 to Mar 31, 2021
Signals
17 dated events
- Lynn Marcia Wadsten (Director) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2024-03-28, absent 2024-07-11)Jul 11, 2024 · Control person left · inference
- Chikezie Ogechi Nwachukwu (Director) appeared on Schedule A of Ppm Loan Management Company 2, LlcJul 11, 2024 · Control person joined · fact
- Wayne Don Cummings (Director) appeared on Schedule A of Ppm Loan Management Company 2, LlcJul 11, 2024 · Control person joined · fact
- Allen Christopher Raub (Director) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2023-03-30, absent 2023-12-08)Dec 8, 2023 · Control person left · inference
- Chadwick Paul Myers (Director) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2022-11-15, absent 2023-03-30)Mar 30, 2023 · Control person left · inference
- Lynn Marcia Wadsten (Director) appeared on Schedule A of Ppm Loan Management Company 2, LlcMar 30, 2023 · Control person joined · fact
- Ppm Loan Management Company, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Oct 27, 2022 · Succession (Item 4) · fact
- Ppm Loan Management Company 2, Llc reported RAUM $1.9B, up 27% from $1.5B (2022-02-25 to 2022-03-30)Mar 30, 2022 · RAUM change · derived
- Ppm Loan Management Company 2, Llc reported RAUM $1.5B, up 26% from $1.2B (2021-02-03 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
- Oliver Jordan (Executive Vice President, Chief Financial Officer) appeared on Schedule A of Ppm Loan Management Company 2, LlcFeb 3, 2021 · Control person joined · fact
- Allen Christopher Raub (Director) appeared on Schedule A of Ppm Loan Management Company 2, LlcFeb 3, 2021 · Control person joined · fact
- Grant Davidson (Chief Financial Officer And Treasurer) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2020-03-30, absent 2021-02-03)Feb 3, 2021 · Control person left · inference
- Bernard Mark Mandich (President And Chief Executive Officer) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2020-03-30, absent 2021-02-03)Feb 3, 2021 · Control person left · inference
- Ppm Loan Management Company 2, Llc reported RAUM $1.2B, up 61% from $745.6M (2019-03-29 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Ppm Loan Management Company 2, Llc reported RAUM $745.6M, up 288% from $192.3M (2018-06-04 to 2019-03-29)Mar 29, 2019 · RAUM change · derived
- Gerard Anthony Balestrieri (Executive Vice President) no longer on Schedule A of Ppm Loan Management Company 2, Llc (listed 2018-06-04, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Ppm Loan Management Company, Llc filed its initial SEC registration (Form ADV)Jun 4, 2018 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/ppm-america-inc-reportedpublic record, Form ADV, Sep 17, 2026
- Website
- PPMAMERICA.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 312-634-2500reportedpublic record, Form ADV, Aug 5, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026