# B. Riley & Co

B. Riley & Co is an Asset Manager based in Memphis, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Memphis, United States
- **Region:** Europe
- **Address:** Los Angeles, CA, United States
- **Founded:** 1997
- **Assets under management:** Undisclosed (Altss estimate)
- **Website:** www.brileyfin.com

## Regulatory record

- **CRD number:** 115927
- **SEC file number:** 801-64837
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/115927

## About

B. Riley & Co is an SEC-registered investment adviser in Memphis, TN, registered since 2005. The firm manages $4.2 billion in assets, $2.8 billion on a discretionary basis. It has 268 employees and 172 investment advisers.

## Sectors

- Private Credit
- Special Situations
- Restructuring & Turnaround
- Energy & Energy Transition

## Offices

- New York, NY, United States
- London, United Kingdom

## People

- Bryant Riley — Chairman and Co-Chief Executive Officer
- Thomas J. Kelleher — Co-Chief Executive Officer

## Questions

### Who runs investment decisions at B. Riley & Co?

Bryant Riley, as Chairman and Co-CEO, oversees the firm's strategic direction and principal investments. Thomas J. Kelleher serves as Co-CEO and manages day-to-day operations. The firm's investment committee includes senior managing directors across the capital-markets and asset-management units (public record).

### Does B. Riley & Co invest as a principal or only as a financial advisor?

The firm operates in both capacities. Its principal investing arm deploys its own balance sheet into special-situations debt and equity, often alongside institutional partners. Additionally, B. Riley acts as a financial advisor in M&A, restructuring, and capital-raising transactions (per the firm's regulatory filings).

### What asset classes does B. Riley & Co target?

The firm is active in private credit, distressed debt, special-situations equity, and collateralized loan obligations. It also engages in real estate through B. Riley Real Estate, focusing on opportunistic and value-add properties (per SEC filings).

### What investment stages does B. Riley & Co typically target?

The firm focuses on special situations and distressed opportunities, including turnarounds, recapitalizations, and restructuring-level securities. It also provides direct lending to middle-market companies and occasionally invests in growth-stage debt and equity (per SEC filings).

### How is B. Riley & Co related to its real estate arm?

B. Riley Real Estate is a wholly owned subsidiary focused on commercial real estate investments, including office, industrial, and specialty properties, often in value-add or distressed scenarios. It operates as part of the firm's principal investing platform (public record).

## Related profiles

- [Participate Capital](https://altss.com/profile/participate-capital)
- [ORS MEDCO](https://altss.com/profile/ors-medco)

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Last updated: 2026-06-03T20:00:00.000Z

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