Caspian Capital, Lp

Caspian Capital LP is a Delaware limited partnership established in October 2010 by Adam S. Cohen and David N. Corleto. The firm specializes in offering alternative investment management services to private investment funds and institutional accounts. Caspian aims to achieve long-term capital appreciation through a flexible and opportunistic approach to investing in various asset classes, including bank loans, bonds, equities, speculative investments, and cash equivalents. The firm has discretion over the allocation of assets for Caspian Funds and adheres to the investment strategy outlined in the private placement memoranda. Clients can impose restrictions on investments, and terms are arranged on a case-by-case basis. Caspian manages over $6 billion in client assets on a discretionary basis as of December 31, 2024. Fees are based on a percentage of net assets managed, with performance fees for certain accounts. Caspian does not participate in wrap fee programs and does not receive transaction-based compensation. The firm has a Code of Ethics in place and implements proxy voting policies to ensure voting in the best interests of clients. Caspian does not pay for client referrals and has custody of client funds through qualified custodians. The firm has no disciplinary events, financial impairments, or bankruptcy history.