Hedge Fund - Centerbridge Partners

Founded in October 2005, Centerbridge Partners is a prominent hedge fund manager headquartered in New York. Specializing in distressed securities, the firm operates in both hedge funds and private equity, with a strategic emphasis on seizing majority influence or control in restructuring distressed businesses.

Mark T. Gallogly, an American private equity investor, philanthropist, and climate change advocate, co-founded and led as Managing Principal of the private investment firm Centerbridge Partners until his retirement in 2020. He is also known for his significant contributions to Democratic candidates and causes.

Jeffrey H. Aronson, Co-Founder and Managing Principal of Centerbridge Partners, guides the Firm’s investment activities and is a key member of its Management Committee. With nearly 35 years of experience in alternative investments, spanning private credit, private equity, and real estate, Jeff brings a wealth of expertise to the table. Prior to co-founding Centerbridge in 2005, he played a pivotal role as a partner at Angelo, Gordon & Co., spearheading distressed securities and leveraged loan initiatives. Jeff's career began as a securities attorney at Stroock & Stroock & Lavan LLP, followed by serving as Senior Corporate Counsel at L.F. Rothschild & Co. His commitment to education and philanthropy is evidenced by his leadership roles at Johns Hopkins University and New York University School of Law, where he sits on the Board of Trustees. Additionally, he contributes to The Partnership for New York City as a director and member of the Executive Committee. Jeff earned his B.A. with honors from Johns Hopkins University and his J.D. from New York University School of Law.

Centerbridge Partners, a prominent hedge fund, boasts 42 clients and manages discretionary assets totaling $55,769,736,056, as per its latest Form ADV filed on March 2024. Their Q4 2023 13F filing revealed holdings of $604,179,211 in managed 13F securities, with a concentrated top 10 holdings ratio of 100%. Notably, their largest holding is Garrett Motion Inc., with an impressive 39,559,662 shares held.