COLUMN PARK ASSET MANAGEMENT, LP other names

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Adviser Profile

As of Date:

03/30/2024

Adviser Type:

- Large advisory firm


Number of Employees:

4

of those in investment advisory functions:

2


Registration:

SEC, Approved, 2/11/2014

AUM:

234,578,000 26.00%

of that, discretionary:

234,578,000 26.00%

Private Fund GAV:

178,758,000 23.70%

Avg Account Size:

39,096,333 26.00%


SMA’s:

YES

Private Funds:

1

Contact Info

646 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 855M 570M 285M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Utah national parks are celebrating Black History Month, here's how to participate
02/23/2021

The National Park Foundation, the NPS's charity, also commemorated the month by celebrating the 20th anniversary of their African American Experience Fund, which supports new programs about the ...

MSN


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $178,758,000

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Private Funds



Employees




Brochure Summary

Overview

ADVISORY BUSINESS Column Park Asset Management, LP, a Delaware limited partnership (the “Investment Adviser”), commenced operations in 2013. Andrew Brenner (the “Principal Owner”), the limited partner of the Investment Adviser and the managing member of the general partner of the Investment Adviser, Column Park GP, LLC, a Delaware limited liability company (the “Investment Adviser General Partner”), is the principal owner of the Investment Adviser and controls the Investment Adviser. The Investment Adviser General Partner has ultimate responsibility for the management, operations and investment decisions made by the Investment Adviser. The Investment Adviser provides discretionary investment advisory services to private pooled investment vehicles, the securities of which are offered to investors on a private placement basis, including (1) Column Park Partners LP, a Delaware limited partnership (the “Onshore Fund”), and (2) Column Park Offshore Fund Ltd., a Cayman Islands exempted company (the “Offshore Fund,” and together with the Onshore Fund, the “Feeder Funds”). The Onshore Fund and the Offshore Fund invest all their assets through a “master-feeder” structure in Column Park Master Fund Ltd., a Cayman Islands exempted company (the “Master Fund” and, collectively with the Feeder Funds, the “Master-Feeder Fund” or the “M-F Fund”). In March 2021, the Investment Adviser commenced providing discretionary investment advisory services to Column Park Fund of One Ltd., a Cayman Islands exempted company (the “Fund of One” and collectively with the M-F Funds, the “Funds,” or each individually, a “Fund”). The Fund of One launched with a single investor and that single investor remains the sole investor. The Investment Adviser serves as the investment adviser with trading authority to the Master Fund and the Fund of One. Column Park Advisors, LLC, a Delaware limited liability company affiliated with the Investment Adviser (the “General Partner”), serves as the general partner of the Onshore Fund and the manager of the Master Fund. The Investment Adviser also currently provides discretionary investment advisory services to separately managed accounts of institutional investors (each, a “Managed Account” and collectively, the “Managed Accounts”). The Funds and the Managed Accounts are collectively referred to in this Brochure as the “Clients” as applicable. The Investment Adviser may in the future provide investment advice to other clients including, but not limited to, pooled investment vehicles and/or institutional investors in separately managed accounts. The investment objective of the Feeder Funds, through their investments in the Master Fund, and of the Fund of One, is to produce consistent, market-leading, risk-adjusted returns in all stages of the credit cycle while providing a focus on downside protection and capital preservation. The Funds are expected to employ fundamental, event driven, and tactical trading strategies in any part of the credit market as potential sources of return. The Investment Adviser seeks to achieve these objectives primarily by making long and short investments in corporate fixed income products. While the Investment Adviser may make DOC ID - 20861538.4 2 investments in a variety of securities and financial instruments, the Investment Adviser anticipates portfolio investments primarily
in the following instruments:
• High Yield Bonds;
• Investment Grade Bonds;
• Leveraged Loans;
• Credit Default Swaps;
• Distressed Debt;
• Bridge Loans;
• Equities and Equity Derivatives;
• Convertible Bonds; and
• US Treasuries. For the Managed Accounts, advisory services, including investment objectives, are negotiated and established on an individual basis. Generally, the Investment Adviser utilizes securities and financial instruments broadly similar to those for the Funds to attempt to achieve the applicable investment objectives. There can be no assurance that any investment objective will be achieved. Investment results may vary substantially. The Investment Adviser’s investment decisions and advice with respect to each Client are based on the investment objectives and restrictions (if any) set forth in such Client’s applicable offering memoranda, organizational documents and investment management agreements (each, a “Governing Document,” and collectively, the “Governing Documents”) as the case may be. The Investment Adviser does not tailor its advisory services to the needs of any particular investor in the Funds. The Investment Adviser does not participate in any Wrap Fee Programs. As of December 31, 2023, the Investment Adviser had approximately $234,578,000 of regulatory assets under management (as defined) on a discretionary basis. The Investment Adviser had no assets under management on a non-discretionary basis. The descriptions set forth in this Brochure of specific advisory services that the Investment Adviser offers to clients, and investment strategies pursued and investments made by the Investment Adviser on behalf of its Clients, should not be understood to limit in any way the Investment Adviser’s investment activities. The Investment Adviser may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that the Investment Adviser considers appropriate, subject as applicable to each Client’s investment objectives and guidelines. The investment strategies the Investment Adviser pursues are speculative and entail substantial risks. Clients and investors should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any Client will be achieved. This Brochure generally includes information about the Investment Adviser and its relationships with its Clients and affiliates. While much of this Brochure applies to all such DOC ID - 20861538.4 3 Clients and affiliates, certain information included herein applies to specific Clients or affiliates only. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933, as amended, and other exemptions of similar import under U.S. state laws and the laws of other jurisdictions where an offering may be made. Investors in the Funds generally must be both “accredited investors,” as defined in Regulation D, and “qualified purchasers,” as defined in the Investment Company Act of 1940, as amended, or otherwise qualified. DOC ID - 20861538.4 4