The CENTERBRIDGE PARTNERS, L.P. is a publicly held investment adviser that advises $85.61Bn in regulatory assets under management held in 3 SEC fund types across 8 investment strategies. CENTERBRIDGE PARTNERS, L.P. is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 217.78% over the last 5-years.
The Group has been registered with the SEC for 14.35 years and is comprised of 2 filing and 42 relying advisers. They operate out of 4 office locations with their Headquarters at 375 PARK AVE, 11TH FLOOR, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 4 US and Non-US bodies.
They have 547 employees comprised of 238 investment and 309 non-investment staff. The total number of Employees increased by 114.51% over the last 5-years.
Their $85.61Bn in assets advised are owned by 105 private funds, 1 public fund and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $41.96Bn or 49.01% of Total Assets and Business Development Companies (BDC) own $3.03Bn or 3.54% of Total Assets.
The Group's top investment strategies include Traditional LBO, FI/Credit - Diverse and Real Estate, representing 35.15%, 21.94% and 10.39% of total assets, respectively.
They advise 2 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 5 Fund Administrators, 2 Fund Auditors, 3 Prime Brokers, 4 Custodians and 3 Marketers. It does not report a third-party Fund Administrator in 2 private funds with $235.5mn in assets.
The Group discloses management fees and performance-based fees.
CENTERBRIDGE PARTNERS, L.P. names 1 sub-adviser THE VISTRIA GROUP, LP to 1 different fund advised by the group. The Group has been named as the sub-adviser to 0 funds.