Centerbridge Partners manages private investment funds offered to investors through private placements. Centerbridge acts as the management company with authority to make trades for these funds. Centerbridge also acts as an investment advisor to separately managed accounts. The funds include credit, special credit, flex, capital partners, and real estate funds.
Fee Structure
Centerbridge Partners manages investments for private pooled investment funds and separately managed accounts. The fees charged vary depending on the specific fund or account, as detailed in their respective offering documents. These fees generally include a management fee based on the value of the assets managed and an incentive allocation (carried interest) based on the fund's profits.