Firm profile

Bdt & Msd Bdc Management, LLC

NEW YORK, NYCRD 330624Registration Status: ApprovedEffective since May 17, 2024SEC # 801-130297Latest ADV August 3, 2026

Bdt & Msd Bdc Management, LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in New York, NY. Its latest Form ADV filing, dated August 3, 2026, reports $7.2B in regulatory assets under management, 498 employees, 13 offices, and 1 account.

Assets Under Management
$7.2B
Employees
498
Offices
13 offices
Total Clients
<5

Associated firm names

1 name listed
  • BDT & MSD BDC MANAGEMENT, LLC

Leadership

6 roles identified
CEOByron D. Trott
CEOGregg R. Lemkau
CCOSaritha C. Reddy

Advisory services offered

1 types reported
Portfolio management for investment companies

Fee models offered

2 types reported
Asset based fees
Performance-based fees

Offices & Contact

Primary office

NEW YORK, New York, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

New York

NEW YORKPrimary office · RYE

California

SANTA MONICA · MENLO PARK

Colorado

DENVER

Florida

PALM BEACH

Germany

FRANKFURT

Illinois

CHICAGO

Luxembourg

LUXEMBOURG

Switzerland

VERBIER

Texas

DALLAS

United Arab Emirates

DUBAI

United Kingdom

LONDON

13 office records listed · 13 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$7.2Bas of August 3, 2026
Discretionary100.0%
$7.2B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentBDCs represent 100.0% of total clients.
Top client categories% of clientsClients
1
BDCs
100.0%
1

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$7.2B
Total Accounts1
10Y AUM Change+$7.2B

Private Funds

Private funds reported by Bdt & Msd Bdc Management, LLC

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees498
Clients per Employee0:1
10Y Employee Change+77 (+18.3%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
BDT & MSD HOLDINGS, L.P.Direct owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
75%+
ROBERT KENNETH SIMONDSDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
CINDY ZEE MICHELDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
CHAD MORGAN FEINGOLDDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
DANIEL ROBERT STOCKDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
LAWRENCE EDWARD SCHALTENBRANDDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
David Scott ThomasDirect owner · Schedule AInterest in BDT & MSD BDC MANAGEMENT, LLC
< 5%
BYRON DAVID TROTTIndirect owner · Schedule BInterest in BDTP, GP LLC
75%+
BDTP, GP LLCIndirect owner · Schedule BInterest in MSD PARTNERS (GP), LLC
75%+
BYRON DAVID TROTTIndirect owner · Schedule BInterest in BDT & MSD HOLDINGS, L.P.
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Bdt & Msd Bdc Management, LLC.

Reported ownership and control details

Form ADV · Filing date 2026-08-03 · Schedules A and B

21 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1MSD PARTNERS (GP), LLCMANAGERDomestic entityBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesMANAGER02/2024Schedule APDF page 35
2ROBERT KENNETH SIMONDSPARTNER & GENERAL COUNSELIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER & GENERAL COUNSEL02/2024Schedule APDF page 35
3GREGG ROBERT LEMKAUCO-CHIEF EXECUTIVE OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesCO-CHIEF EXECUTIVE OFFICER02/2024Schedule APDF page 35
4BDT & MSD HOLDINGS, L.P.MEMBERDomestic entityBDT & MSD BDC MANAGEMENT, LLC75% or moreCode EYesMEMBER02/2024Schedule APDF page 35
5BYRON DAVID TROTTCHAIRMAN & CO- CHIEF EXECUTIVE OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesCHAIRMAN & CO- CHIEF EXECUTIVE OFFICER02/2024Schedule APDF page 35
6SAN WATTERSON ORRPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT02/2024Schedule APDF page 35
7DAN HAMILL JESTERPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT02/2024Schedule APDF page 35
8Saritha Chandrupatla ReddyCHIEF COMPLIANCE OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesCHIEF COMPLIANCE OFFICER02/2024Schedule APDF page 35
9CINDY ZEE MICHELPARTNERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER01/2023Schedule APDF page 35
10CHAD MORGAN FEINGOLDPARTNER AND CHIEF OPERATING OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER AND CHIEF OPERATING OFFICER09/2025Schedule APDF page 36
11DANIEL ROBERT STOCKPARTNER & CO-CHIEF FINANCIAL OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER & CO-CHIEF FINANCIAL OFFICER01/2026Schedule APDF page 36
12LAWRENCE EDWARD SCHALTENBRANDPARTNER & CO-CHIEF FINANCIAL OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER & CO-CHIEF FINANCIAL OFFICER01/2026Schedule APDF page 36
13AMY LEE ENNESSERPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT01/2026Schedule APDF page 36
14GREGORY GORDON OLAFSONPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT01/2026Schedule APDF page 36
15ADAM CHRISTOPHER BESHARAPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT05/2026Schedule APDF page 36
16David Scott ThomasPARTNER & CHIEF LEGAL OFFICERIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPARTNER & CHIEF LEGAL OFFICER07/2026Schedule APDF page 36
17JULIET BARNETT DEBAUBIGNYPRESIDENTIndividualBDT & MSD BDC MANAGEMENT, LLCLess than 5%Code NAYesPRESIDENT07/2026Schedule APDF page 36
18BDTP, GP LLCGENERAL PARTNERDomestic entityBDT & MSD HOLDINGS, L.P.Percentage not specifiedCode FYesGENERAL PARTNER12/2011Schedule BPDF page 36
19BYRON DAVID TROTTMEMBERIndividualBDTP, GP LLC75% or moreCode EYesMEMBER04/2009Schedule BPDF page 36
20BDTP, GP LLCMANAGING MEMBERDomestic entityMSD PARTNERS (GP), LLC75% or moreCode EYesMANAGING MEMBER01/2023Schedule BPDF page 36
21BYRON DAVID TROTTLIMITED PARTNERIndividualBDT & MSD HOLDINGS, L.P.25% to less than 50%Code CYesLIMITED PARTNER09/2011Schedule BPDF page 36

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 8/3/2026 4:54:21 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.