The SOLUS ALTERNATIVE ASSET MANAGEMENT LP is a privately held investment adviser that advises $3.17Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. SOLUS ALTERNATIVE ASSET MANAGEMENT LP 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 decreased by 24.16% over the last 5-years.
The Group has been registered with the SEC for 19.18 years and is comprised of 1 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 25 MAPLE STREET 2ND FLOOR, SUMMIT, NEW JERSEY. The Group has not been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 25 employees comprised of 11 investment and 14 non-investment staff. The total number of Employees decreased by 26.47% over the last 5-years.
Their $3.17Bn in assets advised are owned by 29 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $3.17Bn or 100% of Total Assets.
The Group's top investment strategies include Multi Strat, Long/Short Equity and Fund of Funds, representing 56.27%, 43.73% and 0% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 1 Fund Administrators, 1 Fund Auditors, 1 Prime Brokers, 2 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, management fees and performance-based fees.
SOLUS ALTERNATIVE ASSET MANAGEMENT LP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 1 fund.