Drawbridge Long Dated Value Advisors LLC (New York)


Drawbridge Long Dated Value Advisors LLC is a large advisory firm based in New York. It manages $796.18 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of New York.

Drawbridge Long Dated Value Advisors provides 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.

Drawbridge Long Dated Value Advisors: assets under management

The assets under management (AUM) of Drawbridge Long Dated Value Advisors LLC is $796.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $796.18 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $99.52 million each.
Drawbridge Long Dated Value Advisors has custody of $796.18 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Drawbridge Long Dated Value Advisors LLC for their services and products based on a percentage of assets under management. 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 Drawbridge Long Dated Value Advisors LLC

Peter Lionel Briger has been acting as President since 1 Oct 2005. Constantine Michael Dakolias joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Peter Lionel Briger President 1 Oct 2005 Other 1867239
Alan (Nmn) Chesick Secretary, chief legal officer 1 Oct 2005 Other 4670792
Constantine Michael Dakolias Chief credit officer 1 Oct 2005 Other 4109346
Marc Keith Furstein Chief operating officer 1 Oct 2005 Other 2389483
Daniel Neal Bass Treasurer 1 Oct 2005 Other 4747757
Michael Joshua Cohn Chief compliance officer 1 Oct 2005 Other 4938950
Fortress Investment Group Llc Sole shareholder and managing member 1 Oct 2005 75% - 100% 13-3989886
Fig Llc Sole managing member 1 Oct 2005 75% - 100% 13-3989886
Alan Chesick Secretary, chief legal officer 1 Oct 2005 Other 4670792
James Kendrick Noble Secretary 1 Jan 2007 Other 4109377
David Nichols Brooks Chief legal officer, secretary 1 Feb 2007 Other 5314938
Peter Lionel Briger Chairman 1 Aug 2009 Other 1867239
Constantine Michael Dakolias President 1 Aug 2009 Other 4109346
Daniel Neal Bass Authorized signatory 1 Aug 2009 Other 4747757
Glenn P. Cummins Treasurer 1 Aug 2009 Other 4355516
Timothy Lawrence Chizak Chief finanical officer 1 Aug 2009 Other 5770308
David Nichols Brooks Authorized signatory 1 Aug 2009 Other 5314938
Doglas Joseph Cardoni Chief administrative officer 1 Aug 2009 Other 5770562
Daniel Harrison Mudd Authorized signatory 1 Aug 2009 Other 5771730

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Wesley Robert Edens Member, manager 1 Feb 1998 Other 1320094
Randal Alan Nardone Member, manager 1 Feb 1998 Other 2694339
Robert Ian Kauffman Member, manager 1 Feb 1998 Other 1583166
Fortress Investment Holdings Llc Sole shareholder and managing member 1 Feb 1998 75% - 100% 13-3989887
Michael Edward Novogratz Member, manager 1 Jun 2002 Other 1942885
Peter Lionel Briger Member, manager 1 Jun 2002 Other 1867239
Fortress Operating Entity I Lp Sole managing member 1 Jan 2007 Other 13-3989887
Fig Corp. General partner 1 Jan 2007 Other 20-8211534
Fortress Investment Group Llc Sole shareholder 1 Jan 2007 Other 20-5837959

Based in New York

The principal office where Drawbridge Long Dated Value Advisors LLC performs its advisory services is located at 1345 Avenue Of The Americas, New York, NY 10105, which is also the mailing address of the firm. An additional office of the firm is in Irving, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-798-6100 or by fax 917-591-8633. The normal business hours are 8am to 6pm on Monday - Friday.