Overview
SSI, a Delaware limited liability company, serves as an investment adviser to separately managed
accounts, investment sub-adviser to open-end management investment companies under the
Investment Company Act of 1940, as amended (“1940 Act Funds”) and as a general partner of an
investment limited partnership.
SSI, with its predecessor, SSI Investment Management Inc., has been in business since 1973. In
2019, SSI Investment Management Inc. restructured, transferring its business to SSI. Effective
May 31, 2019, Resolute Investment Managers Inc. (“Resolute”), a diversified, multi-affiliate asset
management platform acquired a controlling ownership interest in SSI. Resolute owns
approximately 57% of SSI, leaving approximately 43% of SSI held by Team SSI, LLC and an
entity controlled by SSI Officers.
Resolute is an indirect subsidiary of Resolute Topco, Inc. (“Topco”), which is owned primarily by
various institutional investment funds that are managed by financial institutions and other
investment advisory firms.. George M. Douglas is SSI’s
Chief Investment Officer & Managing
Principal and a material indirect owner of SSI through Team SSI, LLC.
SSI invests principally, but not solely, in equity, convertible and fixed income securities that are
traded publicly in U.S. and non U.S. markets on behalf of its clients, but is authorized to enter into
any type of investment transaction that it deems appropriate under the terms of the client’s
partnership or other account agreements. As of December 31, 2023, SSI had total discretionary
regulatory assets under management of approximately $1,999,600,000 and total non-discretionary
regulatory assets under management of approximately $200,000.
SSI may tailor its services to the needs of individually managed accounts by managing each such
account according to the strategy selected by the client. SSI’s discretionary authority may be
limited, as described in Item 16.
The investors in the funds that SSI manages have no opportunity to select or evaluate any fund
investments or securities. SSI selects all fund investments and securities.