Cyrus Capital Partners, L.P.

What Cyrus Capital Partners, L.P. does

Cyrus Capital Partners, L.P. is an SEC-registered investment adviser founded in 1999 by Stephen C. Freidheim and operating as a limited partnership since becoming independently owned in 2005. The firm manages $3.559 billion in assets as of September 30, 2025, investing globally across the entire capital structure of corporates and sovereigns through long and short positions in publicly traded and over-the-counter debt, equity, and derivative instruments. It directly structures capital solutions for companies and leads capital raises, and it pursues deep value opportunities, including legal and process-oriented situations such as bankruptcy and restructuring.

The investment team is composed of professionals with backgrounds spanning bankruptcy and restructuring, legal, private equity, capital structure, derivatives, trading, and capital markets. The firm distributes its services through direct institutional relationships, targeting leading family offices, endowments, and long-term institutional investors as investment partners, and has formalized marketing, investor relations, and business development functions. It maintains its headquarters in New York and operates a London-based subsidiary, Cyrus Capital Partners Europe, LLP, which is authorized and regulated by the FCA and acts as a sub-advisor to the U.S. parent.

Revenue is generated through investment advisory fees charged to private investment funds and management accounts, supplemented by incentive fee allocations. Pricing is quote-based and negotiated individually with institutional clients and is not publicly disclosed. The firm is privately held with no public ticker, and its investor base is described at the persona level rather than by named LP accounts.

Name

Cyrus Capital Partners, L.P.

Legal name

Cyrus Capital Partners, L.P.

Website

https://cyruscapital.com

Company type

Private

Founded year

1999

Operating status

Operating

Short description

Cyrus Capital Partners, L.P. is an SEC-registered investment adviser founded in 1999, managing $3.559 billion across global corporate and sovereign debt, equity, and derivative instruments. The firm serves family offices, endowments, and long-term institutional investors through deep value-focused strategies.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Equity Long/Short — Financials Focus (FSAHAAAL)

Keywords

• Alternative asset management
• Investment advisory services
• Private investment funds
• Capital structure investing
• Deep value investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Management and Advisory Fees: Investment advisory fees charged to private investment funds and management accounts.
2. Incentive Fee Allocations: Variable remuneration in the form of incentive fee allocations, as referenced in the UK regulatory disclosure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Cyrus Capital Partners, L.P. is an SEC-registered investment adviser that invests globally in securities and loans issued by corporates and sovereigns. The firm takes long and short positions across the entire capital structure of companies in debt, equity, and derivative instruments traded publicly and over the counter, directly structures capital solutions for companies, and leads capital raises. It manages $3.559 billion in private investment funds and management accounts as of 9/30/25.

Product overview

Cyrus Capital Partners, L.P. is a financial services firm providing investment advisory services through three interconnected offerings: Investment Advisory Services (SEC registered investment advisory for private investment funds and management accounts), Capital Solutions (direct structuring of capital solutions and capital raises for companies), and Private Investment Funds (management of funds investing globally in corporate and sovereign securities and loans across debt, equity, and derivatives). The firm manages $3.559 billion in assets as of 9/30/25.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Advisory Services SEC registered investment advisory services providing global investment management across debt, equity, and derivative instruments for private investment funds and management accounts.
• Capital Solutions Direct structuring of capital solutions for companies and leading capital raises across the entire capital structure of corporates and sovereigns.
• Private Investment Funds Management of private investment funds and management accounts investing in securities and loans issued by corporates and sovereigns on a global basis.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Cyrus Capital Partners Europe LLPcoreOthersCyrus Capital Partners Europe LLP (CCPE) is a London-based Limited Liability Partnership, majority owned by CCP. The firm is authorized and regulated by the Financial Conduct Authority (FCA) and acts as a sub-advisor to CCP for certain private investment funds and management accounts. CCP is CCPE's only client.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Cerberus Capital Management: Cerberus Capital Management is a private alternative investment firm focused on distressed debt, special situations, and opportunistic credit. It is a direct peer to Cyrus Capital given its similar distressed and special situations investment strategy.
• Davidson Kempner Capital Management: Davidson Kempner is a global multi-strategy hedge fund investing across the capital structure in credit, equities, and special situations. It is a direct peer to Cyrus Capital given its comparable multi-strategy mandate and process-oriented distressed expertise.
• Marathon Asset Management: Marathon Asset Management is a credit-focused alternative asset manager specializing in distressed debt, leveraged loans, and special situations. It is a direct peer to Cyrus Capital given its comparable credit/distressed mandate and similar AUM profile.
• Angelo Gordon (now TPG Angelo Gordon): Angelo Gordon, now part of TPG, is an alternative asset manager focused on credit, real estate, and multi-strategy absolute return strategies. It is a direct peer to Cyrus Capital given its historically similar credit and alternative credit focus.
• Sculptor Capital Management: Sculptor Capital Management (formerly Och-Ziff) is a global multi-strategy alternative asset manager. It is a direct peer to Cyrus Capital given its comparable multi-strategy, capital structure-aware investment approach.
• York Capital Management: York Capital Management is a multi-strategy alternative asset manager focused on credit, special situations, and event-driven investing. It is a direct peer to Cyrus Capital given its comparable multi-strategy event-driven and credit investment approach.
• Silver Point Capital: Silver Point Capital is a credit-focused alternative asset manager investing in distressed, special situations, and leveraged credit. It is a direct peer to Cyrus Capital given its comparable credit and capital structure focus.
• Centerbridge Partners: Centerbridge Partners is a multi-strategy alternative asset manager focused on distressed credit, special situations, and control investments. It is a direct peer to Cyrus Capital given its comparable multi-strategy credit and distressed mandate.
• Farallon Capital Management: Farallon Capital Management is a multi-strategy hedge fund investing across the capital structure globally. It is a direct peer to Cyrus Capital given its comparable multi-strategy mandate spanning debt, equity, and special situations.

Broad incumbents

• Oaktree Capital Management: Oaktree Capital Management is one of the largest distressed and credit-focused alternative asset managers globally. It is a broad incumbent that overlaps with Cyrus's credit and restructuring expertise but operates at materially larger AUM scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 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 Cyrus Capital Partners, L.P.