Carrington Capital Management

What Carrington Capital Management does

Carrington Capital Management, LLC (CCM) is a privately held alternative asset management firm founded in 2006 and headquartered at 1700 East Putnam Avenue in Greenwich, Connecticut. The firm specializes in control-based investing across US real estate, mortgage, and fixed income markets, targeting institutional and qualified investors. Per its mission statement, CCM offers investment products that benefit from operational resources and knowledge capital that flow across the broader Carrington platform, which includes affiliated operating companies engaged in mortgage loan servicing and property management. The firm states that its portfolio management team maintains an identifiable competitive advantage derived from these platform resources, market expertise, and local property market penetration.

CCM's product set centers on alternative investment products spanning real estate, mortgage, and fixed income strategies, supported by mortgage loan servicing and property management services delivered through its operating affiliates. The product architecture is an integrated platform rather than a single product line: underwriting, asset management, servicing, and property operations are positioned as interconnected capabilities, allowing the firm to pursue control-based investments in operating real estate and mortgage credit. No proprietary technology, software products, or digital distribution channels are disclosed; the firm relies on its operating affiliates and portfolio management team as the basis for differentiation. The website offers no applications, public API, or third-party integrations.

Commercially, CCM generates revenue through asset management fees (and presumably performance fees) on its investment products. The firm distributes directly to institutional and qualified investors, with individually negotiated terms that are not publicly disclosed, consistent with private fund structures and lockup-heavy alternative products. CCM employs 11-50 people, operates from a single US office, and has no disclosed subsidiaries, M&A history, funding rounds, or public-company registration. The firm does not disclose AUM, revenue, headcount trends, or specific product performance in the materials reviewed.

Name

Carrington Capital Management

Legal name

Carrington Capital Management, LLC

Website

https://carringtoncap.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Carrington Capital Management is a Greenwich, Connecticut-based alternative asset manager that runs control-based investment strategies in US real estate, mortgage, and fixed income markets for institutional and qualified investors, leveraging affiliated mortgage servicing and property management operations within the Carrington platform.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Miscellaneous Financial Investment Activities (523999)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Commercial Real Estate Asset Management (BPAJAMAB), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)

Keywords

• Alternative asset management
• Real estate investment
• Fixed income investing
• Mortgage securities
• Control-based investing

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: Alternative asset management firm generating revenue through management fees and performance fees from investment products focused on control-based investing in US real estate, mortgage and fixed income markets.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Carrington Capital Management is an alternative asset management firm that provides investment products and strategies focused on control-based investing in US real estate, mortgage, and fixed income markets. The firm leverages affiliated operating companies in mortgage loan servicing and property management to offer investment products that benefit from operational resources, market expertise, and local property market penetration across the broader Carrington platform.

Product overview

Carrington Capital Management operates as an integrated alternative asset management platform offering multiple interconnected investment products and services. The core offerings include investment products focused on control-based investing in US real estate, mortgage, and fixed income markets, supported by mortgage loan servicing and property management operations delivered through affiliated operating companies. These services work together as an integrated platform where operational resources and knowledge capital flow across the Carrington platform, enabling portfolio management strategies that leverage the firm's market expertise and local property market penetration.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Products Alternative asset investment products focused on control-based investing in US real estate, mortgage, and fixed income markets, benefiting from the operational resources across the Carrington platform. Targeted at institutional and qualified investors.
• Investment Strategies Portfolio management strategies leveraging the firm's resources, market expertise, and local property market penetration to maintain competitive advantage in control-based investing. Targeted at institutional and qualified investors.
• Mortgage Loan Servicing Mortgage loan servicing operations offered through operating affiliates, providing integrated services across the Carrington platform that support investment products with operational resources and knowledge capital.
• Property Management Property management services delivered through operating affiliates (Carrington Property Services), contributing to the integrated investment approach through local property market penetration and expertise.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Carrington Mortgage ServicescoreStrategic or Co-development PartnerOperating affiliate providing mortgage loan servicing capabilities that support investment products with operational resources and knowledge capital across the Carrington platform.
• Carrington Property ServicescoreStrategic or Co-development PartnerOperating affiliate providing property management capabilities that enhance control-based investing strategies through local property market penetration and expertise.

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• Oaktree Capital Management: Large-scale alternative manager with significant real estate and credit franchises. Operates a much larger and more diversified platform but overlaps meaningfully with CCM's mortgage and fixed-income credit strategies.
• Brookfield Asset Management: Global alternative asset manager with major real estate, credit and mortgage-related strategies. Comparable in asset-class focus but vastly larger and more diversified than CCM.
• Blackstone Real Estate: World's largest real estate-focused alternative platform with deep US real estate debt and equity exposure. Sets the competitive ceiling on institutional capital allocation in the space CCM operates in.

Direct peers

• Centerbridge Partners: Alternative investment firm with significant US real estate, mortgage and credit strategies, including control-based distressed investing. Comparable operating model and target asset class overlap with CCM.
• Cerberus Capital Management: Large alternative asset manager with deep US real estate, mortgage and distressed credit franchises. Comparable to CCM through its control-based investing approach and operational involvement in real estate and mortgage assets.
• Starwood Capital Group: Private alternative manager focused on real estate and real estate-related credit and equity strategies. Operates with an operationally integrated platform analogous to CCM's mortgage servicing and property management affiliations.
• Lone Star Funds: Global alternative asset manager specializing in real estate and mortgage-related investments, particularly distressed and control-based opportunities. Closely comparable to CCM's control-oriented US real estate and mortgage credit thesis.
• Angelo, Gordon & Co. (now part of TPG): Alternative manager with deep credit and real estate exposure, including real estate debt and equity. The merger with TPG illustrates the consolidation pressure smaller alt managers face — directly relevant peer set for CCM.

Emerging players

• Rithm Capital (formerly Newcastle Investment Corp.): Asset manager focused on real estate, mortgage servicing and credit-related investments. Comparable vertically integrated platform model (servicing + investment management) similar to CCM and its Carrington affiliates.
• Pretium Partners: Real estate investment firm focused on US single-family rental and residential mortgage-related assets. Smaller and more concentrated than CCM but a relevant peer in the residential/mortgage niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/carrington-capital-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carrington Capital Management