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
Callodine Credit Management
Legal name Callodine Credit Management, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 31, 2023 · 7 filings
SEC status approved since May 1, 2023
RAUM
$603M
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
11
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
2
reported on Schedule D
History
7 filings and snapshots on the tape
RAUM$603M as of Mar 31, 2026
Mar 28, 2024$443M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 28, 20240 then
Employees (5.A)11 as of Mar 31, 2026
Mar 28, 202413 then
Private funds2 as of Mar 31, 2026
Mar 28, 20242 then
RAUM +29% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
- $201MderivedRAUM 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
- unknownderived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +29%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, otherreportedItem 5.E
- Advisory activities
- portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
- Custody
- yesreportedItem 9.A
- 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
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pooled investment vehicles$583M97%
- Investment companies$19.7M3.3%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 3reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $0 for 0 clientsreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=1.0derived
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
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Callodine Asset Based Loan Fund II, LP | Private Equity Fund | $322M | 21 | Sep 13, 2021 |
| Callodine Perpetual Abl Fund, LP | Hedge Fund | $121M | 7 | Mar 31, 2023 |
Owners and control persons
Schedule A and B, latest filing
- Marie Kristen Cammarata · Chief Compliance Officercontrolsince 03/2023 · owns less than 5%
- Francis Eugene Martin · Ceocontrolsince 05/2021 · owns less than 5%
- G Stephen Rainville · Cfo/Coocontrolsince 07/2022 · owns less than 5%
- Stuart James Morrow · Co-Ownercontrolsince 10/2020 · owns 75% or more of Callodine Group, LLC
Entity owners
- Callodine Credit, LLC · Ownerdirect · owns 75% or more
- Callodine Group, LLC · Ownerindirect · owns 75% or more of Callodine Credit, LLC
Related persons
Schedule D 7.A
- Callodine Capital Managementinvestment adviserbanknRAUM $2.0B
- Callodine Capital Partners, LPpooled vehicle sponsorn
- Callodine Commercial Partners, LLCpooled vehicle sponsorn
- Callodine Strategic Credit Fund II Gp, LLCpooled vehicle sponsorn
- Exeter Trust Companyn
- Manning & Napier Advisors, LLCinvestment advisernRAUM $17B
- Manning & Napier Investor Services, Inc.broker-dealern
- Rainier Investment Management LLCinvestment advisernRAUM $581M
- Rand Capital Managementinvestment adviserbanknRAUM $137M
- Thorofare Capital, Inc.investment companyn
- Thorofare Lending Fund IV Management, LLCpooled vehicle sponsorn
- Thorofare Lending Fund V Management, LLCpooled vehicle sponsorn
- Thorofare, LLCinvestment advisernRAUM $1.4B
Advisers that list Callodine Credit Management as a related person
Offices
Schedule D 1.F, the 25 largest
- London, United Kingdom1 employees
- Narragansett, RI1 employees
What changed
consecutive filings, newest first
- Accounts · 2 to 3Aug 22, 2025 to Mar 31, 2026
- Advisory employees · 10 to 8Aug 22, 2025 to Mar 31, 2026
- Advisory activities · 1 to 2Aug 22, 2025 to Mar 31, 2026
- Employees · 13 to 11Aug 22, 2025 to Mar 31, 2026
- Discretionary RAUM · $467M to $603MAug 22, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $467M to $583MAug 22, 2025 to Mar 31, 2026
- RAUM · $467M to $603MAug 22, 2025 to Mar 31, 2026
- Advisory employees · 11 to 10Sep 5, 2024 to Mar 28, 2025
- BD registered reps · 0 to 1Sep 5, 2024 to Mar 28, 2025
- Financial planning clients · unset to Sep 5, 2024 to Mar 28, 2025
- Other offices · 2 to 1Sep 5, 2024 to Mar 28, 2025
- Discretionary RAUM · $443M to $467MSep 5, 2024 to Mar 28, 2025
- Pooled vehicle RAUM · $443M to $467MSep 5, 2024 to Mar 28, 2025
- RAUM · $443M to $467MSep 5, 2024 to Mar 28, 2025
- Employees · 12 to 13Apr 20, 2023 to Mar 28, 2024
- Discretionary RAUM · $274M to $443MApr 20, 2023 to Mar 28, 2024
- Pooled vehicle RAUM · $274M to $443MApr 20, 2023 to Mar 28, 2024
- RAUM · $274M to $443MApr 20, 2023 to Mar 28, 2024
- Private funds · 4 to 2Mar 31, 2023 to Apr 20, 2023
- Discretionary RAUM · $227M to $274MMar 31, 2023 to Apr 20, 2023
- Pooled vehicle RAUM · $227M to $274MMar 31, 2023 to Apr 20, 2023
- RAUM · $227M to $274MMar 31, 2023 to Apr 20, 2023
Signals
3 dated events
- Callodine Credit Management reported RAUM $603.0M, up 29% from $467.2M (2025-08-22 to 2026-03-31)Mar 31, 2026 · RAUM change · derived
- Callodine Credit Management reported RAUM $442.9M, up 62% from $273.6M (2023-04-20 to 2024-03-28)Mar 28, 2024 · RAUM change · derived
- Callodine Credit Management filed its initial SEC registration (Form ADV)Mar 31, 2023 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Callodine Credit Management · Independent Sponsorsshared crd · capital_provider
- Callodine Credit Management · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/callodine-commercial-financereportedpublic record, Form ADV, Sep 17, 2026
- Website
- callodine.com/businesses/callodine-commercial-financereportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617-880-7494reportedpublic record, Form ADV, Mar 31, 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