Centerbridge Partners, L.P. (New York)

Name: Centerbridge Partners, L.P.
Address: 375 Park Ave, 11 Th Floor, New York, NY, 10152
Telephone: 212-672-5000

Centerbridge Partners, L.P. is a large advisory firm based in New York. It manages $22.03 billion of regulatory assets for 18 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Centerbridge Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Centerbridge Partners: assets under management

The assets under management (AUM) of Centerbridge Partners, L.P. is $22.03 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 10% since the beginning of its operation, and $563.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $22.03 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.22 billion each.

Centerbridge Partners has custody of $22.03 billion in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centerbridge Partners, L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Centerbridge Partners serves?

The only and largest group of clients of Centerbridge Partners is pooled investment vehicles with 18 clients and $22.03 billion of assets under management. Among the 10 most similar advisory firms, Centerbridge Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $22.03 billion for 18 clients. 6% of the firm’s clients are foreign persons or businesses.

Centerbridge Partners also advises several private funds. Namely, thirty eight hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Centerbridge Partners, L.P.

The company employs 257 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Harold Aronson	Managing principal	1 Sep 2005	25% - 50%	1903993
Mark Timothy Gallogly	Managing principal	1 Sep 2005	25% - 50%	1964603
Jeffrey A. Gelfand	Chief financial officer	1 Feb 2006	Other	6016008
Llc Centerbridge Partners Holdings	General partner	1 Mar 2006	Other	20-4722343
L.P. Centerbridge Partners	Sole and managing member of centerbridge advisors, llc (relying adviser)	1 Mar 2006	75% - 100%	157359
Llc Centerbridge Gp Investors	General partner of centerbridge associates, l.p.	1 Apr 2006	75% - 100%	03-0587670
L.P. Centerbridge Credit Partners Offshore General Partner	General partner of centerbridge credit partners master, l.p.	1 Aug 2007	Other	71-1039328
L.P Centerbridge Credit Partners General Partner	General partner of centerbridge credit partners, l.p.	1 Aug 2007	Other	77-0696940
L.P. Centerbridge Associates	General partner of centerbridge capital partners aiv iii, l.p.	1 Aug 2007	Other	03-0587673
L.P. Centerbridge Partners	Sole and managing member of centerbridge credit advisors, l.l.c. (relying adviser)	1 Sep 2007	75% - 100%	157359
Jed Alan Hart	Limited partner	1 Mar 2008	Other	1984274
L.P. Centerbridge Partners	Sole and managing member of centerbridge special credit advisors, l.l.c. (relying adviser)	1 Feb 2009	75% - 100%	157359
L.L.C. Centerbridge Special Gp Investors	General partner of centerbridge special credit partners general partner, l.p.	1 May 2009	75% - 100%	27-1739697
Susanne Clark	Chief legal officer/general counsel	1 Dec 2009	Other	3246033
Susanne V. Clark	Chief legal officer/general counsel	1 Dec 2009	Other	1707448
L.P. Centerbridge Partners	Sole and managing member of centerbridge advisors ii, llc (relying adviser)	1 Jul 2010	75% - 100%	157359
Llc Centerbridge Gp Investors Ii	General partner of centerbridge associates ii, l.p.	1 Jul 2010	75% - 100%	27-3059866
Uk Ltd. Centerbridge Partners	Designated member of centerbridge partners europe, llp (relying adviser)	1 Dec 2010	75% - 100%	98-0690527
Elizabeth Ross Uhl	Chief compliance officer	1 Oct 2011	Other	2233780
L.P. Centerbridge Partners	Sole and managing member of centerbridge special credit advisors ii, l.l.c. (relying adviser)	1 Nov 2011	75% - 100%	157359
L.L.C. Centerbridge Special Gp Investors Ii	General partner of centerbridge special credit partners general partner ii, l.p.	1 Nov 2011	75% - 100%	32-0359564
L.L.C. Centerbridge Credit Gp Investors	General partner of centerbridge credit partners general partner, l.p.	1 Dec 2011	75% - 100%	26-3946852
L.L.C. Centerbridge Credit Offshore Gp Investors	General partner of centerbridge credit partners offshore general partner, l.p.	1 Dec 2011	75% - 100%	27-1739261
Susanne V. Clark	Chief legal officer/general counsel	1 Jan 2012	Other	1707448
L.P. Centerbridge Gp Investors Ii (Cayman)	General partner of centerbridge associates ii (cayman), l.p.	1 Oct 2012	75% - 100%	98-1074162
L.P. Centerbridge Partners	Sole and managing member of centerbridge advisors iii, llc (relying adviser)	1 Jun 2014	75% - 100%	157359
L.P. Centerbridge Associates Iii (Cayman)	General partner of centerbridge associates iii, l.p.	1 Jun 2014	75% - 100%	98-1181340
Ccp Iii Cayman Gp Ltd.	General partner of centerbridge associates iii, l.p.	1 Mar 2015	Other	foreign entity
L.P. Ccp Gp Investors Holdings (Cayman)	Limited partner of centerbridge associates iii, l.p.	1 Mar 2015	75% - 100%	98-1181314
Ccp Iii Je Gp Ltd	General partner of centerbridge associates iii (je) l.p.	1 Jun 2015	Other	98-1273313
L.P. Ccp Gp Investors Holdings (Cayman)	Limited partner of centerbridge associates iii (je) l.p.	1 Jun 2015	75% - 100%	98-1181314
Jeffrey Harold Aronson	Managing member of ccp sbs gp, llc	1 Dec 2015	50% - 75%	1903993
Mark Timothy Gallogly	Managing member of ccp sbs gp, llc	1 Dec 2015	50% - 75%	1964603
Ccp Ii Cayman Gp Ltd.	General partner of centerbridge associates ii (cayman), l.p.	1 Dec 2015	Other	98-1273618
Ltd. Centerbridge Cayman Gp	General partner of centerbridge associates, l.p.	1 Dec 2015	Other	98-0631105
Ltd. Centerbridge Credit Cayman Gp	General partner of centerbridge credit partners general partner, l.p.	1 Dec 2015	Other	98-1285265
Cscp Cayman Gp Ltd.	General partner of centerbridge special credit partners general partner, l.p.	1 Dec 2015	Other	98-1143798
Cscp Ii Cayman Gp Ltd.	General partner of centerbridge special credit partners general partner ii, l.p.	1 Dec 2015	Other	98-1143805
L.P. Ccp Gp Investors Holdings (Cayman)	Limited partner of centerbridge associates ii (cayman), l.p.	1 Dec 2015	75% - 100%	98-1181314
L.P. Centerbridge Credit Holdings (Cayman)	Limited partner of centerbridge credit partners general partner, l.p.	1 Dec 2015	75% - 100%	98-1285270
L.P. Cscp Gp Investors Holdings (Cayman)	Limited partner of centerbridge special credit partners general partner, l.p.	1 Dec 2015	75% - 100%	98-1285269
L.P. Centerbridge Partners	Sole and managing member of centerbridge special credit advisors iii, l.l.c. (relying adviser)	1 Jan 2016	75% - 100%	157359
Cscp Iii Cayman Gp Ltd.	General partner of centerbridge special credit partners general partner iii, l.p.	1 Jan 2016	Other	98-1283304
L.P. Cscp Gp Investors Holdings (Cayman)	Limited partner of centerbridge special credit partners general partner iii, l.p.	1 Jan 2016	75% - 100%	98-1285269
L.P. Centerbridge Special Credit Partners General Partner Iii	General partner of centerbridge special credit partners iii, l.p.	1 Jan 2016	Other	81-1095779
Cpref Cayman Gp Ltd.	General partner of centerbridge partners real estate associates, l.p.	1 Feb 2017	Other	98-1382342
L.P. Ccp Gp Investors Holdings (Cayman)	Limited partner of centerbridge partners real estate associates, l.p.	1 Feb 2017	75% - 100%	98-1181314
L.P. Centerbridge Partners	Sole and managing member of centerbridge partners real estate advisors, llc (relying adviser)	1 Mar 2017	75% - 100%	157359
L.P. Ccp Gp Investors Holdings (Cayman)	Limited partner of centerbridge partners real estate associates, l.p.	1 Mar 2017	75% - 100%	98-1181314
Cpref Cayman Gp Ltd.	General partner of centerbridge partners real estate associates, l.p.	1 Mar 2017	Other	foreign entity
Kimberly Anne Terjanian	Chief financial officer	1 Oct 2018	Other	3204317
Gordon Douglas Morrison	Chief financial officer	1 Oct 2018	Other	7088110

Indirect Owners

The SEC currently registers 39 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jeffrey Harold Aronson	Managing member	1 Mar 2006	50% - 75%	1903993
Mark Timothy Gallogly	Managing member	1 Mar 2006	50% - 75%	1964603
Jeffrey Harold Aronson	Managing member	1 Apr 2006	25% - 50%	1903993
Mark Timothy Gallogly	Managing member	1 Apr 2006	25% - 50%	1964603
Jeffrey Harold Aronson	Managing member	1 May 2009	25% - 50%	1903993
Mark Timothy Gallogly	Managing member	1 May 2009	Other	1964603
Jeffrey Harold Aronson	Shareholder	1 Oct 2009	50% - 75%	1903993
Mark Timothy Gallogly	Shareholder	1 Oct 2009	50% - 75%	1964603
Jeffrey Harold Aronson	Managing member	1 Jul 2010	25% - 50%	1903993
Mark Timothy Gallogly	Managing member	1 Jul 2010	25% - 50%	1964603
L.P. Centerbridge Partners	Member	1 Dec 2010	75% - 100%	157359
Jeffrey Harold Aronson	Managing member	1 Nov 2011	25% - 50%	1903993
Mark Timothy Gallogly	Managing member	1 Nov 2011	Other	1964603
Jeffrey Harold Aronson	Managing member	1 Dec 2011	25% - 50%	1903993
Mark Timothy Gallogly	Managing member	1 Dec 2011	25% - 50%	1964603
Llc Centerbridge Gp Investors Ii	Shareholder	1 Jan 2012	75% - 100%	27-3059866
Ccp Ii Cayman Gp Ltd.	General partner	1 Oct 2012	Other	foreign entity
Jeffrey Harold Aronson	Limited partner	1 Sep 2013	25% - 50%	1903993
Mark Timothy Gallogly	Limited partner	1 Sep 2013	25% - 50%	1964603
Jeffrey Harold Aronson	Shareholder	1 May 2014	50% - 75%	1903993
Mark Timothy Gallogly	Shareholder	1 May 2014	50% - 75%	1964603
Jeffrey Harold Aronson	Shareholder	1 Jun 2014	50% - 75%	1903993
L.P. Centerbridge Gp Investors Iii (Cayman)	General partner	1 Jun 2014	75% - 100%	98-1181314
Ccp Iii Cayman Gp Ltd.	General partner	1 Jun 2014	Other	n/a
Jeffrey Harold Aronson	Limited partner	1 Oct 2014	25% - 50%	1903993
Mark Timothy Gallogly	Limited partner	1 Oct 2014	25% - 50%	1964603
Ltd. Ccp Holdings Gp (Cayman)	General partner	1 Mar 2015	Other	foreign entity
Jeffrey Harold Aronson	Shareholder	1 Mar 2015	50% - 75%	1903993
Mark Timothy Gallogly	Shareholder	1 Mar 2015	50% - 75%	1964603
Jeffrey Harold Aronson	Shareholder	1 Jun 2015	50% - 75%	1903993
Mark Timothy Gallogly	Shareholder	1 Jun 2015	50% - 75%	1964603
Centerbridge Credit Holdings Cayman Gp Ltd.	General partner	1 Dec 2015	Other	98-1285271
Cscp Holdings Cayman Gp Ltd.	General partner	1 Dec 2015	Other	98-1285277
Mark Timothy Gallogly	Shareholder	1 Jan 2016	50% - 75%	1964603
Jeffrey Harold Aronson	Shareholder	1 Feb 2016	50% - 75%	1903993
Jeffrey Harold Aronson	Shareholder	1 Feb 2017	50% - 75%	1903993
Mark Timothy Gallogly	Shareholder	1 Feb 2017	50% - 75%	1964603
Mark Timothy Gallogly	Shareholder	1 Mar 2017	50% - 75%	1964603
Jeffrey Harold Aronson	Shareholder	1 Mar 2017	50% - 75%	1903993

Based in New York

The principal office where Centerbridge Partners, L.P. performs its advisory services is located at 375 Park Ave, 11 Th Floor, New York, NY 10152, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-672-5000 or by fax 212-672-5001. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at centerbridge.com/.