9AT: CHICAGO ATLANTIC BDC ADVISERS, LLC

CHICAGO ATLANTIC BDC ADVISERS, LLC

other names

CHICAGO ATLANTIC BDC ADVISERS, LLC
SILVER SPIKE CAPITAL
SILVER SPIKE CAPITAL LLC

Adviser Profile

As of Date	06/20/2025
ADV Location	NEW YORK, NY, United States
Adviser Type - Large advisory firm - An investment adviser to a company which has elected to be a business development company
Number of Employees	8 -20%
of those in investment advisory functions	5 -17%
Registration	SEC, Approved, 03/11/2021

AUM^*	309,561,041 249%
of that, discretionary	309,561,041 249%
Private Fund GAV^*	0 -100%
Avg Account Size	309,561,041 249%
SMA’s	No
Private Funds	0
Contact Info	212 xxxxxxx
Websites

Client Types

- Business development companies

Advisory Activities

- Portfolio management for investment companies

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

87M 75M 62M 50M 37M 25M 12M

2021 2022 2023

Discretionary

Non-discretionary

Private Funds

GAV Count

Employees

Brochure Summary

Overview

Silver Spike Capital LLC (“Silver Spike,” the “Firm” or the “Investment Manager”) is an investment management company located in New York, New York that provides investment advisory services to investment companies and private funds through privately offered transactions. Silver Spike commenced operations in January 2021. Silver Spike is principally owned by Silver Spike Holdings, LP, which is primarily owned by Scott Gordon. The activities of the Firm are led by Scott Gordon, Bill Healy, and Dino Colonna (together, the “Controlling Partners”). Silver Spike provides portfolio management and investment advisory services to a business development company, Silver Spike Investment Corp. (the “BDC”), and private pooled investment vehicles (the “Private Funds”). Silver Spike’s advisory services include identifying and evaluating investment opportunities, negotiating the terms of investments,

managing and monitoring investments, and selling portfolio investments on behalf of the BDC and the Private Funds (collectively, “Funds” or “Clients”). Silver Spike is a specialty finance company formed to invest across the cannabis ecosystem through investments that typically take the form of direct loans to, and equity ownership of, privately held cannabis companies. The Firm primarily focuses on making secured and subordinated debt investments in cannabis companies. The priority focus is on senior secured loans backed by real estate and other tangible assets. Silver Spike tailors its advisory services to its Clients’ investment objectives. Each Client has an investment strategy that Silver Spike must follow. As of 12/31/2023 Silver Spike managed $91,793,786 in Client assets (“AUM”), all on a discretionary basis. Silver Spike does not participate in any wrap fee programs.