Investment adviser · CRD 312541

COMMONWEALTH CREDIT ADVISORS, LLC

Investment adviser filing (IA)

WEST PALM BEACH, FL, United States · Form ADV filed Mar 31, 2026

Regulatory AUM
$1.73B
Form ADV · Item 5.F
Client accounts
2
Accounts, not individual clients
Employees
150
Reported in this filing
Advisory professionals
128
Investment advisory functions

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client typeClientsRegulatory assetsShare of AUM
Pooled investment vehicles1$911,309,12852.7%
Business development companies1$819,260,70747.3%
Filing source

Form ADV 2069386 · Mar 31, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

2 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SOUTH COVE FUNDING LLCHedge Fund · Last reported Mar 31, 2026$911MGross asset value
Fund administrator ALTER DOMUS(US) LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-3624395210
Reported beneficial owners
3
Minimum commitment
$2M

Form ADV 2069386 · Mar 31, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

COMVEST STRUCTURED NOTE ISSUER I LLCSecuritized Asset Fund · Last reported Dec 10, 2025$1.02BGross asset value
Fund administrator ALTER DOMUS (US) LLC CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP NEW YORK, New York, United States
Custodian CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source
Fund ID
805-8711856683
Reported beneficial owners
2
Minimum commitment
$2M

Form ADV 2031720 · Dec 10, 2025 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 31, 2026. View historical filings

Reported services

Investment company portfolio management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

360 S. ROSEMARY, SUITE 1700
WEST PALM BEACH, FL, 33401-6351, United States

CRD 312541

Filing source

Form ADV 2069386 · Mar 31, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.