DG Capital Management LLC

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DG Capital Management LLC
CRD #157258
SEC #801-72420
CIK #0001123798, 0001512716, 0001966759
AUM 521.9 M (2026-05-04)
Employees 11 (100% Investors, 0% Brokers)
Phone646-942-5700
Address420 Lexington Avenue
New York, NY 10170
Source [IAPD] [EDGAR] [Website] [LinkedIn]
Total AUM ($M)
70056042028014002010201520212027
Sector Form 13F Holdings Value ($M)
Mercury General Corp 83.6
Talen Energy Corp 80.5
GoDaddy Inc 25.4
Golar LNG Ltd 13.4
Eldorado Resorts Inc 12.0
Nile Therapeutics Inc 11.9
Glatfelter P H Co 11.5
Altimar Acquisition Corp 9.3
Morgan Stanley Direct Lending Fund 8.0
Pacific Datavision Inc 6.4
View All
Holdings by Sector ($M)
60048036024012002011201620212027
Type Form D Funds Date Sold AUM
PE DG Capital Next-Gen Energy SPV LP [2026-03-27] 11.3 M 11.2 M
Filed 2026-03-16 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $250,000 · Remaining Indefinite · Duration More than one year · Revenue Decline to Disclose
HF DG Special Opportunities LP [2021-03-30] 20.9 M 12.6 M
Filed 2022-02-11 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $1,000,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF DG Credit Opportunities LP [2014-03-31] 14.5 M 12.5 M
Filed 2014-08-15 (D/A) · Exemption 506(b), 3(c)(1) · Minimum $1,000,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF DG Value Partners II Master Fund LP [2013-04-01] 85.8 M 425.7 M
Filed 2026-02-20 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $1,000,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF DG Value Partners II LP 2013-02-21 49.0 M
HF DG Value Partners LP [2012-03-30] 115.7 M 44.4 M
Filed 2018-02-28 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Minimum $1,000,000 · Remaining Indefinite · Duration More than one year · Net Assets Decline to Disclose
HF Special Situations LLC 2012-03-30 47.0 M
HF Special Situations X LLC 2012-03-30 46.0 M
AUM Breakdown Accounts AUM ($M)
By Client Type
(a) Individuals (other than high net worth individuals) 0 0.0
(b) Individuals (high net worth individuals) 0 0.0
(c) Banking or thrift institutions 0 0.0
(d) Investment companies 0 0.0
(e) Business development companies 0 0.0
(f) Pooled investment vehicles 4 481.4
(g) Pension and profit sharing plans 0 0.0
(h) Charitable organizations 0 0.0
(i) State or municipal government entities 0 0.0
(j) Other investment advisers 0 0.0
(k) Insurance companies 0 0.0
(l) Sovereign wealth funds and foreign official institutions 0 0.0
(m) Corporations or other businesses not listed above 0 0.0
(n) Other 8 40.4
Total 13 521.9
By Discretionary
Discretionary 13 521.9
Non-Discretionary 0 0.0
Total 13 521.9
By Non-United States Persons
Non-United States Persons 68.7
United States Persons 453.2
Total 13 521.9
Form D Directors Role # Filings # Firms 2011 - 2026
Kevin Phillip Director 193 39
Alan Kelly Director 39 17
Dov Gertzulin Executive Officer 8 2
DG Capital Management LLC Promoter 6 2
DG Capital Partners LLC Promoter 2 2
DG Special Opportunities GP LLC Promoter 1 1
Allen Kelly Director 1 1
Gertzulin Dov Executive Officer 1 1
DG Capital Partners III LLC Executive Officer 1 1
EDGAR Form CIK 2011 - 2026
13F-HR [0001123798]
13F-HR [0001512716]
3 [0001512716]
4 [0001512716]
SC 13D [0001512716]
SC 13G [0001512716]
D [0001966759]
Form 13D/13G Filer Form 13D/13G Subject Filed
DG Capital Management LLC Anterix Inc [2025-08-14]
DG Capital Management LLC Fennec Pharmaceuticals Inc [2024-06-27]
DG Capital Management LLC Invacare Holdings Corp [2023-05-15]
DG Capital Management LLC Blueknight Energy Partners LP [2021-10-13]
DG Capital Management LLC Inspired Entertainment Inc [2021-08-03]
DG Capital Management LLC Ricebran Technologies [2017-07-28]
DG Capital Management LLC ICTV Brands Inc [2017-02-06]
DG Capital Management LLC Innovative Industrial Properties Inc [2016-12-20]
DG Capital Management LLC Aware Inc /MA/ [2016-01-20]
DG Capital Management LLC Community Healthcare Trust Inc [2016-01-14]
View All
Firm Profile (Form ADV)
Discretionary AUM$0.3B
Clients1 (8 non-US)
ServesInstitutional
Fund TypesHedge Fund, Private Equity
Form 3/4/5 Subject 2011 - 2026
Invacare Corp
Gertzulin Dov
DG Capital Management LLC
HC2 Holdings Inc
Insider Transaction (Form 3/4/5) Date Action Shares Price Value ($)
Invacare Corp IVCRQ
Series B Redeemable Preferred Stock (non-convertible)
2024-10-29 Buy 1,408,002
Invacare Corp IVCRQ
9.00% Series A Convertible Participating Preferred Stock · derivative
2024-10-29 Sell 1,408,002
Invacare Corp IVCRQ
Common Stock
2024-03-13 Other 4,182,724 $0.00
HC2 Holdings Inc HCHC
Common Stock
2015-04-02 Sell 25,000 $10.91 272,750
HC2 Holdings Inc HCHC
Common Stock
2015-04-02 Sell 9,218 $11.01 101,490
HC2 Holdings Inc HCHC
Common Stock
2015-04-02 Sell 15,000 $11.04 165,600
HC2 Holdings Inc HCHC
Common Stock
2015-04-01 Sell 4,897 $10.95 53,622
HC2 Holdings Inc HCHC
Common Stock
2015-04-01 Sell 11,675 $10.91 127,374
HC2 Holdings Inc HCHC
Common Stock
2015-03-31 Sell 60,886 $11.02 670,964
HC2 Holdings Inc HCHC
Common Stock
2015-03-30 Sell 32,615 $11.60 378,334
HC2 Holdings Inc HCHC
Common Stock
2015-03-27 Sell 14,029 $11.95 167,647
HC2 Holdings Inc HCHC
Series A-1 Convertible Participating Preferred Stock · derivative
2014-09-22 Buy 1,000 $1,000.00 1,000,000
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