Balbec Capital Management Lp

Balbec Capital Management, LP is an SEC-registered investment adviser established in 2016, managing various private funds focusing on credit portfolios across North America and Europe. The firm, led by a seasoned management team, specializes in credit exposures such as residential and commercial mortgage loans, consumer obligations, and distressed assets. Balbec exercises broad discretion in selecting investments, primarily seeking opportunities in insolvent situations. The firm manages over $7 billion in regulatory assets under management, with 93% under discretionary management. Clients include institutional investors and high-net-worth individuals, with minimum capital commitments outlined in fund documents. Balbec charges management fees based on assets owned by the funds and receives carried interest. The firm does not engage in soft dollar arrangements, cross trades, or maintain custody over client accounts. Balbec may compensate third-party agents for investor referrals. The firm provides regular reports to investors, conducts ongoing asset monitoring, and exercises voting authority in the best interests of the funds. Balbec's financial condition is sound, with no known impairments to meeting contractual commitments. For further details, clients can contact [email protected].