Mcdonnell Alternative Credit Strategies, LLC is a large advisory firm based in Oak Brook. It manages $2.3 billion of regulatory assets for 13 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Illinois and Massachusetts.
Mcdonnell Alternative Credit Strategies provides portfolio management for pooled investment vehicles and 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.
The assets under management (AUM) of Mcdonnell Alternative Credit Strategies, LLC is $2.3 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mcdonnell Alternative Credit Strategies, LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
Dennis John Mcdonnell has been acting as President since 1 Jan 2012. Mari Heather Birmingham joined the executive team most recently as the Chief Compliance Officer.
The principal office where Mcdonnell Alternative Credit Strategies, LLC performs its advisory services is located at 1515 West 22 Nd Street, Oak Brook, IL 60523, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-684-8760 or by fax 732-380-3337. The normal business hours are 7:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at www.mcdonnellinvestments.com.