# Pythagoras Management Company

Pythagoras Management Company is an Asset Manager based in Redlands, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Redlands, United States
- **Region:** North America
- **Address:** Redlands, CA, United States
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** pythamgmt.com

## Regulatory record

- **CRD number:** 316939
- **SEC file number:** 802-122883
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/316939

## About

PYTHAGORAS MANAGEMENT COMPANY LLC is an exempt reporting adviser.

## Sectors

- Private Credit
- Real Estate
- Special Situations

## People

- Brad Benter — Founder & Portfolio Manager

## Questions

### Who runs investment decisions at Pythagoras Management Company?

Founder Brad Benter serves as Portfolio Manager and is the key decision-maker on credit underwriting and portfolio construction. The firm has not publicly identified additional named investment committee members. Benter's tenure dates to the 2002 founding, giving the firm over two decades of continuity in its investment leadership.

### Does Pythagoras participate in fund commitments or only direct deals?

Pythagoras originates direct loans and structured credit positions rather than acting as a limited partner in third-party funds. The firm's model involves underwriting each transaction based on collateral liquidation value, often working alongside bank partners that sell non-conforming loans from their own balance sheets.

### What is Pythagoras's geographic focus?

The firm's deal flow is concentrated in the Western United States, with borrower relationships built over its operating history. Pythagoras primarily serves regional developers and operating companies that require non-bank liquidity, particularly in segments where commercial banks have reduced lending activity since the financial crisis.

### How does Pythagoras source its lending opportunities?

Pythagoras sources through a network of regional developers, specialty finance companies, and bank partnerships that offload non-conforming loans. The origination model bypasses broker-driven deal flow common in institutional fixed-income markets. The firm's repeat-borrower relationships in the Western U.S. form the core of its pipeline.

## Related profiles

- [PVG Asset Management](https://altss.com/profile/pvg-asset-management-corp)
- [Qios](https://altss.com/profile/qios)

---

Last updated: 2026-08-14T12:30:00.000Z

Canonical page: https://altss.com/profile/pythagoras-management-company-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology