Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Fifth Street Asset Management Inc’s (FSAM) Q3 2014 Earnings Call Transcript

Below is the Fifth Street Asset Management Inc (NASDAQ:FSAM) earnings call transcript. Fifth Street Asset Management Inc (NASDAQ:FSAM) reported earnings for the quarter ended September 30, 2014, after the financial markets close in New York on Monday, December 15, 2014.


Fifth Street Asset Management Inc. (NASDAQ:FSAM) is a rapidly growing credit-focused asset manager. The firm has nearly $6 billion of assets under management across two publicly-traded business development companies, Fifth Street Finance Corp. (NASDAQ:FSC) and Fifth Street Senior Floating Rate Corp. (NASDAQ:FSFR), as well as multiple private investment vehicles.


Leonard M. Tannenbaum, CFA, Chairman, Chief Executive Officer.

Bernard D. Berman, Co-President, Chief Compliance Officer.

Todd G. Owens, Co-President.

Ivelin M. Dimitrov, CFA, Chief Investment Officer.

Operator (Tia):

Good day ladies and gentleman and welcome to the Q3 2014 Fifth Street Asset Management call. My name is Tia and I’ll be your operator for today. At this time, all participants are in listen only mode. We will conduct the questions and answers session towards the end of this conference. If at any time you require operator assistance press the 0 and the operator will be happy to assist you. I will now transfer the call to your host for today, Miss Robin Freeman, please proceed.

Miss Robin Freeman:

Thank you Tia, good morning and welcome to Fifth Street Asset Management Inc. first conference call to discuss our third quarter 2014 earnings. I am joined this morning by Leonard Tannenbaum Chief Executive Officer, Todd Owens co president and Alexander Frank Chief Financial Officer, in addition Bernard Berman Co President and Ivelin Dimitrov Chief Investment Officer, are on the call today and are available for question.

Before we begin, I would like to note that this call is being recorded, replay information is included in our November 13th 2014 press release and is posted on the investors relation section of Fifth Street Asset Management Inc. website which can be found at Please note that this call is the property of Fifth Street Asset Management Inc. Any unauthorized rebroadcast of this call in any form is strictly prohibited.

Todays’ conference call may include forward looking statements and projections. We ask that you refer to our most recent file link with the SCC from foreign factors that could cause actual results to differ materially from the forward looking statements and projections. We do not undertake to update our forward looking statements a must required by law. To obtain copies of our latest SCC file links please visit our website or call investor relations at 2036813720. The format for today’s call is as follows:

Len will provide introductory remarks and an overview of our results. Todd will discuss the market environment and Alex will summarize the financials then we will open the line for q and a. I will now turn the call over to our Chief Executive Officer Len Tannenbaum.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.