Merganser Capital Management

Asset Manager SEC-registered adviser

Legal name: Merganser Capital Management, LLC

Boston, MA Website LinkedIn

AUM

$17.7B
Regulatory AUM

Private funds

4
Other 4

Private fund assets

$534.6M
Gross asset value

Employees

32

Last Form D raise

Feb 2026
Most recent fund filing

From SEC Form ADV filing (filed Mar 30, 2026). View on SEC

People(10)

Owners and executive officers named on the firm's SEC Form ADV.

A
Andrew Smock
Co-Chief Investment Officer, Principal, Director (chairman)
Source: SEC Form ADV
D
Dolores Gahan
Investment Trustee, Gahan 2019 Descendants' Trust
Source: SEC Form ADV
J
Jeffrey Addis
Chief Financial Officer, Principal
Source: SEC Form ADV
K
Kimberly Voss
Chief Compliance Officer, Principal
Source: SEC Form ADV
M
Marc Puglia
Director
Source: SEC Form ADV
M
Mark Nasser
Chief Operating Officer, Principal
Source: SEC Form ADV
M
Michael Cloutier
Chief Executive Officer, Managing Principal, Director
Source: SEC Form ADV
M
Michael Gahan
Independent Trustee, Gahan 2019 Descendants' Trust
Source: SEC Form ADV
P
Paul Salem
Director
Source: SEC Form ADV
T
Thomas Gahan
Special Investment Trustee, Gahan 2019 Descendants' Trust
Source: SEC Form ADV

Funds(4)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Merganser Short Term Bond Fund LLCOther$239.6M$1.2B29Feb 2026Warm
Merganser Core Bond Fund IIOther$170.7M$218.7M18Feb 2026Warm
Merganser Floating Rate Bond Fund LLCOther$71.5M$772.0M22Feb 2026Warm
Merganser Short Income Fund, LLCOther$52.8M$54.9M4Feb 2026Warm

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
169258
SEC file number
801-78733

Sources