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Adviser Profile

As of Date 09/02/2024
Adviser Type - Large advisory firm
Number of Employees 119 -2.46%
of those in investment advisory functions 92 -1.08%
Registration SEC, Approved, 03/30/2012
AUM* 18,730,955,389 8.11%
of that, discretionary 18,730,955,389 8.11%
Private Fund GAV* 18,721,771,494 8.04%
Avg Account Size 407,194,682 5.76%
SMA’s No
Private Funds 45 4
Contact Info 212 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
17B 15B 12B 10B 7B 5B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count25 GAV$13,951,263,934
Fund TypeOther Private Fund Count20 GAV$4,770,507,560

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Brochure Summary

Overview

TowerBrook is an investment management firm founded in March 2005 and organized under the laws of the State of Delaware as a limited partnership. The Firm is based in New York and London. TowerBrook, together with its related investment manager entities, provides investment advisory services to a number of private investment partnerships (each individually, a “Partnership” and, collectively, the “Partnerships”). The Partnerships pursue a variety of investment strategies. For example, certain Partnerships pursue a “control oriented” private equity strategy, comprising buyouts and other control-oriented debt and equity investments (the “PE Partnerships”), certain other Partnerships pursue a non-control-oriented structured opportunities strategy, comprising not- for-control stressed and distressed debt investments and other investments in equity or assets where control-oriented private equity attributes may not apply (the “TSO Partnerships”), and certain other Partnerships pursue non-control and control investments in purpose-driven, mid-sized companies whose business models seek to have a direct and measurable social and environmental benefit (the “Delta Partnerships”). The Firm also serves as an investment manager to various co-investment vehicles structured to facilitate investments by third party co-investors alongside the Partnerships (“Co-Investment Vehicle Clients”, and together with the “Partnerships”, each a “Client”). As of December 31, 2023, TowerBrook managed in excess of $18.7 billion of regulatory assets under management on a discretionary basis on behalf of the Clients. TowerBrook’s general partner and principal owner is TowerBrook Capital Partners, LLC, a Delaware limited liability company (the “Ultimate GP”) that is substantially owned by Neal Moszkowski and Ramez Sousou (the “Co-Chairs”). TowerBrook and the Ultimate GP are led by TowerBrook’s Management Committee (the “Management Committee”), which is co-chaired by the
Co-Chairs, and whose other members include TowerBrook’s Co-Chief Executive Officers Jonathan Bilzin and Karim Saddi (the “Co-CEOs”), and TowerBrook Managing Directors Filippo Cardini, Jennifer Glassman, and Gordon Holmes. Affiliates of TowerBrook serve as the general partners and direct investment managers of the Partnerships and Co-Investment Vehicle Clients; however, the investment management duties and responsibilities are performed by TowerBrook through investment advisory agreements. For a list of the Partnerships, Co-Investment Vehicle Clients and TowerBrook’s affiliated entities that serve as general partners and direct investment managers of existing Partnerships, Co-Investment Vehicle Clients and liquidating trusts, please refer to the table in the “Other Financial Industry Activities and Affiliations” section below. TowerBrook and its affiliated investment managers provide investment advice to the Partnerships and not individually to the limited partners of the Partnerships. As investment advisers, TowerBrook and its affiliated investment managers are primarily responsible for identifying investment opportunities for the Partnerships, effecting all investment transactions, monitoring and evaluating the Partnerships’ investments and making recommendations regarding the purchase and/or sale of investments. The assets of each Partnership are managed in accordance with the terms of the Governing Documents (as defined below) applicable to such Partnership. Limited Partners may not impose any investment restrictions on the Partnership in which they invest. The Firm may from time to time, consistent with the terms of the Governing Documents of the Partnerships, pursue, on behalf of clients other than the Partnerships, various investment strategies and lines of business that vary from those pursued on behalf of the Partnerships. The Firm does not participate in any wrap fee programs.