Tricadia Capital Management, LLC (New York)

Name: Tricadia Capital Management, LLC
Address: 299 Park Avenue, New York, NY, 10171
Telephone: 212-891-5010

Tricadia Capital Management, LLC is a large advisory firm based in New York. It manages $859.82 million of regulatory assets for 14 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of New York.

Tricadia Capital Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tricadia Capital Management: assets under management

The assets under management (AUM) of Tricadia Capital Management, LLC is $859.82 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 541% since the beginning of its operation, and $727.92 million of the total AUM is attributable to clients outside of the United States.

The firm manages $859.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $61.42 million each.

Tricadia Capital Management has custody of $820.17 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in cash and cash equivalents the most. They account for 52% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 48% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Tricadia Capital Management, LLC 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 Tricadia Capital Management serves?

The firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of Tricadia Capital Management is pooled investment vehicles with 13 clients and $820.97 million of assets under management. Among the 9 most similar advisory firms, Tricadia Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $859.82 million for 14 clients. 85% of the firm’s clients are foreign persons or businesses.

Tricadia Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $100,000,000.

Careers at Tricadia Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 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
Michael Gene Barnes	Principal	1 Mar 2005	Other	2187569
Arif Inayatullah	Principal	1 Mar 2005	Other	1687246
Julia Helene Wyatt	Cfo	1 Mar 2005	Other	2220402
Arif N/M/N Inayatullah	Principal	1 Mar 2005	Other	1687246
Inc. Mariner Investment Group	100% holder of class m interest (management interest)	1 Mar 2005	75% - 100%	124744
L.P. Tricadia Holdings	Parent entity	1 Jul 2007	75% - 100%	20-2605373
L.P. Corvid Peak Holdings	Sole member and managing member	1 Jul 2007	75% - 100%	20-2605373
James Ernest Mckee	Chief compliance officer	1 Jan 2008	Other	2469765
James Ernest Mckee	General counsel/chief compliance officer	1 Feb 2008	Other	2469765
Labib Sami Mahfouz	Chief operating officer	1 Apr 2008	Other	2677900
Mehran Khorrami	Chief operating officer	1 Mar 2013	Other	2854130
Jennifer Adele Drake	President and chief operating officer	1 Dec 2016	Other	2781018
Andrew Keith Schinder	Chief compliance officer	1 Feb 2017	Other	6144858
Ian Seth Cohen	Chief financial officer	1 Apr 2017	Other	6778257
Siew Kai Kwok	Chief compliance officer	1 Feb 2019	Other	6597306

Indirect Owners

The SEC currently registers 10 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Jeter Michaelcheck	Chairman	1 Jan 2002	50% - 75%	1016386
Mariner Partners Inc.	Corporate parent	1 Mar 2005	75% - 100%	01-0609956
Arif Inayatullah	Managing member of tricadia holdings gp, llc	1 Jul 2007	25% - 50%	1687246
Michael Gene Barnes	Managing member of tricadia holdings gp, llc	1 Jul 2007	50% - 75%	2187569
Llc Tricadia Holdings Gp	General partner of tricadia holdings, l.p.	1 Jul 2007	Other	80-0168559
Arif N/M/N Inayatullah	Managing member of tricadia holdings gp, llc	1 Jul 2007	25% - 50%	1687246
Llc Corvid Peak Holdings Gp	General partner of corvid peak holdings, l.p.	1 Jul 2007	Other	80-0168559
Llc Tiptree Operating Company	Sole member of tiptree asset management company, llc	1 Jul 2013	75% - 100%	46-2115040
Tiptree Inc.	Sole member of tiptree operating company, llc	1 Apr 2018	75% - 100%	38-3754322
Llc Tiptree Asset Management Company	Managing member of corvid peak holdings gp, llc	1 Feb 2019	Other	161203

Based in New York

The principal office where Tricadia Capital Management, LLC performs its advisory services is located at 299 Park Avenue, New York, NY 10171, 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 212-891-5010 or by fax 646-218-1585. The normal business hours are 8 am to 6 pm on Monday - Friday. You can find more information about the New York firm at tricadiacapital.com.