BRACEBRIDGE CAPITAL, LLC

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 10/03/2024
Adviser Type - Large advisory firm
Number of Employees 155 7.64%
of those in investment advisory functions 57 9.62%
Registration SEC, Approved, 3/30/2012
AUM* 65,099,820,270 -9.39%
of that, discretionary 65,099,820,270 -9.39%
Private Fund GAV* 65,097,021,359 -24.96%
Avg Account Size 5,424,985,023 -9.39%
SMA’s No
Private Funds 12
Contact Info 617 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
72B 62B 51B 41B 31B 21B 10B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count12 GAV$65,097,021,359

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser SQUAREPOINT OPS LLC Hedge Fund103.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV103.0b AUM126.5b #Funds6
Adviser ELEMENT CAPITAL MANAGEMENT LLC Hedge Fund74.8b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV74.8b AUM74.8b #Funds1
Adviser TWO SIGMA ADVISERS, LP Hedge Fund101.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV101.6b AUM75.8b #Funds33
Adviser ALPHADYNE ASSET MANAGEMENT LP Hedge Fund115.3b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV115.3b AUM115.3b #Funds3
Adviser SANDERS CAPITAL, LLC Hedge Fund1.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.4b AUM82.3b #Funds3
Adviser TA ASSOCIATES Hedge Fund60.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV60.1b AUM59.6b #Funds27
Adviser AMERICAN BEACON ADVISORS, INC. Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM57.4b #Funds-
Adviser SCHONFELD STRATEGIC ADVISORS LLC Hedge Fund126.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV126.1b AUM91.2b #Funds26
Adviser JPMORGAN FUNDS LIMITED Hedge Fund2.3b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.3b AUM60.2b #Funds2
Adviser AHL PARTNERS LLP Hedge Fund50.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV50.0b AUM63.7b #Funds44

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker464288953 Stock NameISHARES TR (PUT) $ Position$321,200,000 % Position52.00% $ Change # Change
Stck Ticker040919102 Stock NameARK 21SHARES BITCOIN ETF $ Position$118,698,484 % Position19.00% $ Change6.00% # Change0.00%
Stck Ticker594972958 Stock NameMICROSTRATEGY INC (PUT) $ Position$28,662,000 % Position5.00% $ Change # Change
Stck TickerL01800108 Stock NameALVOTECH $ Position$32,193,118 % Position5.00% $ Change-2.00% # Change0.00%
Stck Ticker02156K103 Stock NameALTICE USA INC $ Position$16,070,294 % Position3.00% $ Change # Change
Stck Ticker530715AG6 Stock NameLIBERTY MEDIA CORP DEL $ Position$16,933,500 % Position3.00% $ Change4.00% # Change0.00%
Stck Ticker37247D106 Stock NameGENWORTH FINL INC $ Position$11,982,020 % Position2.00% $ Change # Change
Stck Ticker00090Q103 Stock NameADT INC DEL $ Position$11,755,980 % Position2.00% $ Change3.00% # Change8.00%
Stck Ticker015658107 Stock NameALGOMA STL GROUP INC $ Position$9,462,044 % Position2.00% $ Change179.00% # Change90.00%
Stck Ticker91325V108 Stock NameUNITI GROUP INC $ Position$13,716,694 % Position2.00% $ Change93.00% # Change0.00%

Brochure Summary

Overview

Bracebridge Capital, LLC (“Bracebridge” or the “Investment Manager”) is an investment adviser organized as a Delaware limited liability company. Nancy Zimmerman and Gabriel Sunshine founded the business in 1994 (under a former adviser entity that was replaced by Bracebridge in 1996) as a manager of absolute return investment funds. Nancy Zimmerman and Gabriel Sunshine control Bracebridge Capital II, L.P. and SVZ, L.P., the principal owners of Bracebridge. Bracebridge provides investment advisory services to pooled investment vehicles that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”) (each, a “Fund” and collectively, the “Funds”). As the investment adviser of the Funds, Bracebridge’s services consist of identifying opportunities for acquisition and disposition of investments for the Funds.
Investment advice is provided directly to the Funds and not individually to the limited partners or shareholders of the Funds. Bracebridge manages each Fund consistent with the stated investment strategy of such Fund as described in such Fund’s offering documents. Bracebridge provides services to the Funds in accordance with the investment management agreements with the Funds and/or governing documents of the applicable Fund. Bracebridge has discussions with investors from time to time at their request regarding their investment activities, but the firm does not provide specifically tailored investment services to investors. From time to time, consistent with relevant offering memoranda, Bracebridge pursues specialized investment strategies on behalf of one or more funds or classes of interests. As of December 31, 2023, Bracebridge’s regulatory assets under management were approximately $65,099,820,270, all of which are managed on a discretionary basis.