Pricing

CYRUS CAPITAL PARTNERS, L.P.

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NEW YORK NY Investment Advisor Hedge Fund Activist Investor
13F Summary
Cyrus Capital Partners is based out of New York. Cyrus Capital Partners is a hedge fund with 35 clients and discretionary assets under management (AUM) of $4,047,585,000 (Form ADV from 2024-11-19). Their last reported 13F filing for Q4 2024 included $343,076,630 in managed 13F securities and a top 10 holdings concentration of 100.0%. Cyrus Capital Partners's largest holding is Garrett Motion Inc with shares held of 27,337,398. Whalewisdom has at least 84 13F filings, 96 13D filings, 14 13G filings, and 40 Form 4 filings
Business Description
Cyrus Capital Partners, L.P. provides investment advisory services to pooled and single-investor investment vehicles, including private investment funds and managed accounts. Some of their pooled investment vehicle clients, such as the Cyrus Opportunities Fund II complex, are only accepting additional subscriptions from a waiting list upon the withdrawal or redemption of existing investors. Another pooled investment vehicle client, the Cyrus Europe Fund, is winding down and no longer accepting subscriptions. The firm may also form other pooled or single-investor investment vehicles or co-investment vehicles from time to time. Cyrus Capital Partners, L.P. has an advisory board that meets with Mr. Freidheim at certain set times throughout the year. The board consists of two outside members: a respected prominent figure in the investment industry who is also a representative from one of their larger clients and a respected prominent figure in geopolitics. The advisory board meets with Mr. Freidheim to discuss overarching topics about running an investment advisory business and provides high-level guidance on matters affecting Cyrus Capital Partners, L.P. as a management company. The advisory board does not advise on specific investments or the firm’s investment decision-making process. Cyrus Capital Partners, L.P. pays each member of the advisory board a fixed quarterly advisory fee.
Owners
  • CYRUS CAPITAL PARTNERS GP, LLC - GENERAL PARTNER
  • FREIDHEIM, STEPHEN, CYRUS - CHIEF INVESTMENT OFFICER, MANAGING PARTNER, LIMITED PARTNER
  • MILICH, DAVID, ALBERT - PRESIDENT AND CHIEF OPERATING OFFICER
  • LENTINI, ROBERT - LIMITED PARTNER, HEAD OF TRADING
  • FARRELL, LUCIEN, ELLIOTT - HEAD OF EUROPEAN OPERATIONS
  • SCIRE, ANTHONY, CHARLES - CHIEF FINANCIAL OFFICER
  • PULICK, JENNIFER, MARIE - GENERAL COUNSEL
  • Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
(Subscription Required)

2024-12-31

Top Buys (13F)

Name % Change
DEBT-ECHO ECHOSTAR CORP NOTE 3 (PRN) 14.95%
SATS EchoStar Corp 4.05%
MEOH Methanex Corp 1.82%
VEON VEON Ltd 0.87%
BORR Borr Drilling Ltd 0.17%

2024-12-31

Top Sells (13F)

Name % Change
DEBT-DISH DISH NETWORK CORPORA (PRN) 20.01%
DISH Dish Network Corp, C (PRN) 17.99%
DEBT-SPIR SPIRIT AIRLS INC NOT (PRN) 7.06%
NBIS Nebius Group NV 0.46%

2024-12-31

13F Holdings Summary

Name $ Change
GTX Garrett Motion Inc 71.95%
DEBT-ECHO ECHOSTAR CORP NOTE 3(PRN) 14.95%
SATS EchoStar Corp 10.23%
MEOH Methanex Corp 1.82%
VEON VEON Ltd 0.87%

2024-12-31

13F Activity

Market Value $343m, Prior: $463m
Inflows (Outflows) as % of Total MV (-25.1747)%
New Purchases 4 stocks
Added To 1 stocks
Sold out of 4 stocks
Reduced holdings in 0 stocks
Top 10 Holdings % 100%
Turnover %[1] 80%
Turnover Alt %[2] 20.35%
Time Held Top 20 2.5 quarters
Time Held Top 10 2.5 quarters
Time Held All 2.5 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-12-31

13F Sector Allocation Over Time

limited to past 4 quarters. Subscribe to see all available data

2024-12-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31

Portfolio Performance