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Black Diamond Credit Strategies, L.P.

Hedge FundFund ID 805-4346488643Delaware, United States
Gross assets
$1.17B
Min. investment
$5M
Beneficial owners
36
Size rank
Top 6%
Audited
Yes
Structure
Feeder

About this fund

Black Diamond Credit Strategies, L.P. is a hedge fund managed by Black Diamond Capital Management I, LLLP. The fund reports $1.2 billion in gross assets, placing it among the top 6% of private funds by size. The stated minimum investment is $5 million. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.

Fund details

Fund ID805-4346488643
Fund typeHedge Fund
3(c)(1) exclusionYes
3(c)(7) exclusionNo
Master fundNo
Feeder fundYes
Fund of fundsNo
Relies on exemption from registrationYes
Annual auditYes
Prepared per GAAPYes
Sub-advisedNo
Sales limited to qualified investorsYes
% of assets independently valued100%

Other funds from this manager

FundTypeGross assets
Bdcm Opportunity Fund IV, L.P.Private Equity$2.59B
Black Diamond Credit Stategies Master Fund, Ltd.Hedge$1.76B
Bdcm Opportunity Fund III, L.P.Private Equity$1.36B
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Frequently asked questions

How large is Black Diamond Credit Strategies, L.P.?

Black Diamond Credit Strategies, L.P. reports $1.2 billion in gross assets, among the top 6% of private funds by size.

What is the minimum investment for Black Diamond Credit Strategies, L.P.?

The stated minimum investment is $5 million.

Who manages Black Diamond Credit Strategies, L.P.?

Black Diamond Credit Strategies, L.P. is managed by Black Diamond Capital Management I, LLLP.

Does Black Diamond Credit Strategies, L.P. disclose returns?

No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.

Service providers

Reported gross assets

$1.17B▼ 11%
Mar '25 — $1.31BApr '25 — $1.31BMay '25 — $1.31BJun '25 — $1.31BJul '25 — $1.31BAug '25 — $1.31BSep '25 — $1.31BOct '25 — $1.31BNov '25 — $1.31BDec '25 — $1.31BJan '26 — $1.31BFeb '26 — $1.31BMar '26 — $1.17BApr '26 — $1.17BMay '26 — $1.17BJun '26 — $1.17B
Mar '25Form ADV, monthlyJun '26

How this fund compares

Gross assetsTop 6%
Larger than 94% of 67,041 private funds
Gross assets vs Hedge FundsTop 14%
Larger than 86% of 12,442 hedge funds
Minimum investmentTop 17%
Higher than 83% of funds reporting a minimum

Investor base

Adviser & related persons%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.