Cyrus Capital Partners

What is Cyrus Capital Partners?

Cyrus Capital Partners, L.P. is a hedge fund founded in 1999 by Stephen C. Freidheim, with its inception as an independent entity occurring in 2005. The firm is an SEC registered investment adviser with offices in New York and London.

They specialize in investing globally in securities and loans issued by corporates and sovereigns, focusing on long and short positions in debt, equity, and derivative instruments traded publicly and over the counter. Additionally, Cyrus directly structures capital solutions for companies and leads capital raises. With a profound expertise in bankruptcy and restructuring, legal, private equity, capital structure, derivatives, trading, and capital markets, the Cyrus investment team aims to deliver high absolute returns over a full credit and business cycle.

Cyrus Capital is known for deep value-focused strategies and actively engages in legal and process-oriented opportunities. As of July 1, 2024, they manage assets worth $3.8 billion. The firm has hard closed its flagship funds in April 2014 only to reopen to the changes in the distressed opportunity set in May 2020, now selectively accepting commitments.

Aligned with investment and business principles, Cyrus seeks to partner with like-minded investors, including leading family offices, endowments, and institutional investors. Their minimum and maximum investment amounts are both set at $112,000,000.