Silverpeak Credit Partners LP (New York)


Silverpeak Credit Partners LP is a large advisory firm based in New York. It manages $166.72 million of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2017.

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

Silverpeak Credit Partners: assets under management

The assets under management (AUM) of Silverpeak Credit Partners LP is $166.72 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 6% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $166.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $11.11 million each.
Silverpeak Credit Partners has custody of $140.19 million in cash and securities for 12 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 99% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Silverpeak Credit Partners LP 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 Silverpeak Credit Partners serves?

The only and largest group of clients of Silverpeak Credit Partners is pooled investment vehicles with 12 clients and $140.19 million of assets under management. Among the 8 most similar advisory firms, Silverpeak Credit Partners has the 3rd highest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $140.19 million for 12 clients. 40% of the firm’s clients are foreign persons or businesses.

Silverpeak Credit Partners also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $2,000,000 to $5,000,000.

Careers at Silverpeak Credit Partners LP

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Silverpeak Credit Manager Llc General partner 1 Mar 2016 Other 47-4802702
Vark Sv Llc Limited partner 1 Mar 2016 Other 1001
Bxb Sv Llc Limited partner 1 Mar 2016 Other 1003
Mw Sv Llc Limited partner 1 Mar 2016 Other 1004
Adam Richard Hagfors Limited partner / chief investment officer 1 Mar 2016 Other 4596661
Vaibhav Yee Kumar Limited partner / portfolio manager 1 Mar 2016 Other 4807025
Brian Michael Rigert Limited partner / portfolio manager 1 Mar 2016 Other 4852373
Star Mesa Sv Llc Limited partner 1 Mar 2016 Other 1002
Garrett Ting Yuan Chief compliance officer/ director of operations 1 Aug 2017 Other 4570130

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Brett (Nmn) Bossung Grantor 1 Jan 2009 Other 2158928
Harkhu Ba Trust Managing member 1 Nov 2012 75% - 100% 46-6437417
Harkhu Ba Llc Member 1 Dec 2012 25% - 50% 46-1489918
Kaushik Ishwar Amin Managing member 1 Dec 2012 50% - 75% 3022859
Vark Investment Llc Managing member 1 Nov 2015 75% - 100% 46-1593704
Neal Allan Shear Managing member 1 Nov 2015 75% - 100% 1312156
Llc Bxb 7 Managing member 1 Dec 2015 75% - 100% 27-2600952
Bxb Ii 2009 Nevada Trust Managing member 1 Dec 2015 75% - 100% 27-6259145
Mark Albert Walsh Managing member 1 Feb 2016 75% - 100% 2039084
Star Mesa Sv Member 1 Mar 2016 25% - 50% 1002

Based in New York

The principal office where Silverpeak Credit Partners LP performs its advisory services is located at 40 West 57 Th St., New York, NY 10019, 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 212-716-2069. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at silverpeak.com/.