Cyrus Capital Partners, L.P. (New York)


Cyrus Capital Partners, L.P. is a large advisory firm based in New York. It manages $4.9 billion of regulatory assets for 33 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of North Carolina.

Cyrus Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cyrus Capital Partners: assets under management

The assets under management (AUM) of Cyrus Capital Partners, L.P. is $4.9 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 506% since the beginning of its operation, and $1.57 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $4.9 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $148.4 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cyrus Capital Partners, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cyrus Capital Partners serves?

The only and largest group of clients of Cyrus Capital Partners is pooled investment vehicles with 33 clients and $4.9 billion of assets under management. Among the 6 most similar advisory firms, Cyrus Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $4.9 billion for 33 clients. 65% of the firm’s clients are foreign persons or businesses.

Cyrus Capital Partners also advises several private funds. Namely, fifteen hedge funds and two private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at Cyrus Capital Partners, L.P.

The company employs 41 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Cyrus Capital Partners Gp General partner 1 Dec 1999 Other 13-4119084
Stephen Cyrus Freidheim Chief investment officer, managing partner, limited partner 1 Jan 2005 50% - 75% 2091291
Lucien Elliott Farrell Head of european operations 1 Jan 2005 Other 2785151
Robert Lentini Limited partner, head of trading 1 Jan 2005 Other 2410719
Cyrus Capital Partners Limited General partner (cyrus capital partners europe l.l.p., a relying adviser) 1 Jan 2005 75% - 100% 13-4119084
Nicholas J Singer Partner 1 Jan 2005 Other 4244285
Jerry Bernard Bias Partner 1 Jan 2005 Other 2074411
Robert Anthony Nisi General counsel & chief compliance officer, partner 1 Jan 2005 Other 2643430
Soohyung Kim Partner 1 Jan 2005 Other 2935373
Doreen Mary Mochrie Partner 1 Mar 2005 Other 1437463
Cyrus A. Borzooyeh Chief financial officer, partner 1 Jul 2005 Other 5040946
Peter Delacy Kiernan President, partner 1 Sep 2005 Other 1670861
Elizabeth Martin Reilly Chief compliance officer 1 May 2006 Other 3190997
Elizabeth Reilly Crotty Chief compliance officer 1 May 2006 Other 3190997
Steven Anthony Ruggiero Partner 1 Nov 2007 Other 2086404
David Albert Milich Chief operating officer, chief risk officer 1 Jan 2009 Other 2171417
Brennan Joseph Mccaw Chief financial officer 1 Apr 2009 Other 4920995
James Howard Tucker General counsel 1 Apr 2009 Other 1810004
Jennifer Marie Pulick Chief compliance officer, associate general counsel 1 Dec 2009 Other 5761003
L.P. Cyrus Capital Partners Partner (kortright capital partners l.p.) 1 Feb 2011 25% - 50% 136713
Kortright Gp L.L.C. General partner (kortright capital partners l.p.) 1 Feb 2011 Other 27-4283385
Matthew B Taylor Managing partner, chief investment officer (kortright capital partners l.p.) 1 Feb 2011 25% - 50% 2775765
Matthew Benjamin Taylor Managing partner, chief investment officer, limited partner (kortright capital partners l.p., a relying adviser) 1 Feb 2011 25% - 50% 2775765
Llc Cyrus Capital Partners Gp General partner (cm investment partners, lp, a relying adviser) 1 Feb 2012 Other 13-4119084
L.P. Cyrus Capital Partners Limited partner (cm investment partners, lp, a relying adviser) 1 Feb 2012 75% - 100% 13-4119084
Michael Charles Mauer Co-chief investment officer (cm investment partners, lp, a relying adviser) 1 Feb 2012 Other 2650531
Christopher Edward Jansen Co-chief investment officer (cm investment partners, lp, a relying adviser) 1 Feb 2012 Other 4370044
James Howard Tucker Co-chief operating officer 1 Apr 2013 Other 1810004
Jennifer Marie Pulick Chief compliance officer and general counsel 1 Apr 2013 Other 5761003
Thomas Nmn Stamatelos Co-chief operating officer and chief financial officer 1 Jan 2014 Other 5073252
John Ross Rapaport Limited partner 1 Jan 2014 Other 6236795
Anthony Charles Scire Chief financial officer 1 Aug 2016 Other 3252689
Hooman David Tavakolian Chief compliance officer 1 Jan 2017 Other 4320786
David Albert Milich President and chief operating officer 1 Jul 2018 Other 2171417

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.P. Cyrus Capital Partners Sole shareholder 1 Jan 2005 75% - 100% 136713
James Howard Tucker Member of the board of managers 1 Jul 2013 Other 1810004
Daniel John Bordessa Member of the board of managers 1 Jul 2013 Other 6236777

Based in New York

The principal office where Cyrus Capital Partners, L.P. performs its advisory services is located at 65 East 55 Th Street, New York, NY 10022 3219, which is also the mailing address of the firm. An additional office of the firm is in Chapel Hill, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212.380.5800 or by fax 212.380.5801. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cyruscapital.com.

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