Direct Lending Investments, LLC (Glendale)

Name: Direct Lending Investments, LLC
Address: 550 N. Brand Blvd., Glendale, CA, 91203
Telephone: 213-234-1770

Direct Lending Investments, LLC is a large advisory firm based in Glendale. It manages $866.3 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Direct Lending Investments provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as lending agent.

Direct Lending Investments: assets under management

The assets under management (AUM) of Direct Lending Investments, LLC is $866.3 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 38% since the beginning of its operation, and $216.87 million of the total AUM is attributable to clients outside of the United States.

The firm manages $866.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.77 million each.

Direct Lending Investments has custody of $866.3 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Direct Lending Investments, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Renee Elizabeth Labran serves?

The only and largest group of clients of Renee Elizabeth Labran is pooled investment vehicles with 3 clients and $866.3 million of assets under management. Among the 6 most similar advisory firms, Direct Lending Investments has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $866.3 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.

Direct Lending Investments also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Direct Lending Investments, LLC

The company employs 27 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Renee Elizabeth Labran has been acting as President since 1 Jun 2016. Bryce C Mason has served as the Chief Investment Officer since 1 Jul 2015. Stephan B Ballas joined the executive team most recently as the General Counsel.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bryce C Mason	Chief investment officer	1 Jul 2015	Other	6642391
Brendan Matthew Ross	President, managing member	1 Sep 2015	75% - 100%	5245330
Lawrence Brogan	Chief financial officer & chief compliance officer	1 Dec 2015	Other	2365209
James Alexander	Head of research	1 Mar 2016	Other	2538716
Renee Elizabeth Labran	Director	1 Jun 2016	Other	5384258
Frank Xavier Tirelli	Director	1 Jun 2016	Other	6723105
Robert P Enayati	General counsel	1 Aug 2016	Other	6723112
Bryce C Mason	Executive vice president, research	1 Oct 2016	Other	6642391
Frank Bernard Turner	Chief investment officer	1 Oct 2016	Other	4228198
Robert J Mottern	Chief compliance officer	1 Mar 2017	Other	6773648
Andrew J Kim	Chief financial officer	1 Jul 2017	Other	6840316
Jeffrey Andrew Smith	Chief compliance officer	1 Jun 2018	Other	4926961
Stephan B Ballas	General counsel	1 Dec 2018	Other	5850908
Stephen B Ballas	General counsel	1 Dec 2018	Other	5850908

Based in Glendale

The principal office where Direct Lending Investments, LLC performs its advisory services is located at 550 N. Brand Blvd., Glendale, CA 91203, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 213-234-1770 or by fax 213-221-4772. The normal business hours are 9:00-5:00 on Monday - Friday. You can find more information about the New York firm at dirlend.com.