Cyrus Capital Partners, L.P. (New York)

Name: Cyrus Capital Partners, L.P.
Address: 65 East 55 Th Street, New York, NY, 10022 3219
Telephone: 212.380.5800

Cyrus Capital Partners, L.P. is a large advisory firm based in New York. It manages $4.9 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of North Carolina.

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

Cyrus Capital Partners: assets under management

The assets under management (AUM) of Cyrus Capital Partners, L.P. is $4.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 506% since the beginning of its operation, and $1.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $148.4 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cyrus Capital Partners, L.P. 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 Cyrus Capital Partners serves?

The only and largest group of clients of Cyrus Capital Partners is pooled investment vehicles with 33 clients and $4.9 billion of assets under management. Among the 6 most similar advisory firms, Cyrus Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.9 billion for 33 clients. 65% of the firm’s clients are foreign persons or businesses.

Cyrus Capital Partners also advises several private funds. Namely, fifteen hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at Cyrus Capital Partners, L.P.

The company employs 41 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Llc Cyrus Capital Partners Gp	General partner	1 Dec 1999	Other	13-4119084
Stephen Cyrus Freidheim	Chief investment officer, managing partner, limited partner	1 Jan 2005	50% - 75%	2091291
Lucien Elliott Farrell	Head of european operations	1 Jan 2005	Other	2785151
Robert Lentini	Limited partner, head of trading	1 Jan 2005	Other	2410719
Cyrus Capital Partners Limited	General partner (cyrus capital partners europe l.l.p., a relying adviser)	1 Jan 2005	75% - 100%	13-4119084
Nicholas J Singer	Partner	1 Jan 2005	Other	4244285
Jerry Bernard Bias	Partner	1 Jan 2005	Other	2074411
Robert Anthony Nisi	General counsel & chief compliance officer, partner	1 Jan 2005	Other	2643430
Soohyung Kim	Partner	1 Jan 2005	Other	2935373
Doreen Mary Mochrie	Partner	1 Mar 2005	Other	1437463
Cyrus A. Borzooyeh	Chief financial officer, partner	1 Jul 2005	Other	5040946
Peter Delacy Kiernan	President, partner	1 Sep 2005	Other	1670861
Elizabeth Martin Reilly	Chief compliance officer	1 May 2006	Other	3190997
Elizabeth Reilly Crotty	Chief compliance officer	1 May 2006	Other	3190997
Steven Anthony Ruggiero	Partner	1 Nov 2007	Other	2086404
David Albert Milich	Chief operating officer, chief risk officer	1 Jan 2009	Other	2171417
Brennan Joseph Mccaw	Chief financial officer	1 Apr 2009	Other	4920995
James Howard Tucker	General counsel	1 Apr 2009	Other	1810004
Jennifer Marie Pulick	Chief compliance officer, associate general counsel	1 Dec 2009	Other	5761003
L.P. Cyrus Capital Partners	Partner (kortright capital partners l.p.)	1 Feb 2011	25% - 50%	136713
Kortright Gp L.L.C.	General partner (kortright capital partners l.p.)	1 Feb 2011	Other	27-4283385
Matthew B Taylor	Managing partner, chief investment officer (kortright capital partners l.p.)	1 Feb 2011	25% - 50%	2775765
Matthew Benjamin Taylor	Managing partner, chief investment officer, limited partner (kortright capital partners l.p., a relying adviser)	1 Feb 2011	25% - 50%	2775765
Llc Cyrus Capital Partners Gp	General partner (cm investment partners, lp, a relying adviser)	1 Feb 2012	Other	13-4119084
L.P. Cyrus Capital Partners	Limited partner (cm investment partners, lp, a relying adviser)	1 Feb 2012	75% - 100%	13-4119084
Michael Charles Mauer	Co-chief investment officer (cm investment partners, lp, a relying adviser)	1 Feb 2012	Other	2650531
Christopher Edward Jansen	Co-chief investment officer (cm investment partners, lp, a relying adviser)	1 Feb 2012	Other	4370044
James Howard Tucker	Co-chief operating officer	1 Apr 2013	Other	1810004
Jennifer Marie Pulick	Chief compliance officer and general counsel	1 Apr 2013	Other	5761003
Thomas Nmn Stamatelos	Co-chief operating officer and chief financial officer	1 Jan 2014	Other	5073252
John Ross Rapaport	Limited partner	1 Jan 2014	Other	6236795
Anthony Charles Scire	Chief financial officer	1 Aug 2016	Other	3252689
Hooman David Tavakolian	Chief compliance officer	1 Jan 2017	Other	4320786
David Albert Milich	President and chief operating officer	1 Jul 2018	Other	2171417

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
L.P. Cyrus Capital Partners	Sole shareholder	1 Jan 2005	75% - 100%	136713
James Howard Tucker	Member of the board of managers	1 Jul 2013	Other	1810004
Daniel John Bordessa	Member of the board of managers	1 Jul 2013	Other	6236777

Based in New York

The principal office where Cyrus Capital Partners, L.P. performs its advisory services is located at 65 East 55 Th Street, New York, NY 10022 3219, which is also the mailing address of the firm. An additional office of the firm is in Chapel Hill, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212.380.5800 or by fax 212.380.5801. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cyruscapital.com.