Bardin Hill Investment Partners LP (New York)

Name: Bardin Hill Investment Partners LP
Address: 477 Madison Avenue, New York, NY, 10022
Telephone: 212-303-9400

Bardin Hill Investment Partners LP is a large advisory firm based in New York. It manages $10.47 billion of regulatory assets for 61 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of New York.

Bardin Hill Investment Partners provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and collateral management for clo entities. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bardin Hill Investment Partners: assets under management

The assets under management (AUM) of Bardin Hill Investment Partners LP is $10.47 billion. The firm's AUM has gone down by -5% since the beginning of its operation, and $9.85 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $10.3 billion in discretionary accounts and $177.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $174.51 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $88.99 million.

Investments

The firm invests in other assets the most. They account for 39% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 25% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bardin Hill Investment Partners LP 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 Bardin Hill Investment Partners serves?

The only and largest group of clients of Bardin Hill Investment Partners is pooled investment vehicles with 31 clients and $2.71 billion of assets under management. Among the 7 most similar advisory firms, Bardin Hill Investment Partners has the 3rd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.71 billion for 31 clients. 71% of the firm’s clients are foreign persons or businesses.

Bardin Hill Investment Partners also advises several private funds. Namely, sixteen hedge funds, one other private fund, one private equity fund, and twenty three securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $200,000,000.

Careers at Bardin Hill Investment Partners LP

The company employs 97 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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
Joseph Wolf Hill	Managing principal, executive committee member	1 Aug 2006	Other	849241
Kevah Ross Konner	Chief risk officer, senior managing principal, portfolio manager, executive committee member	1 Aug 2006	Other	1387228
Suzanne Mcdermott	Chief operating officer, chief legal officer, chief compliance officer, managing principal, executive committee member	1 Dec 2008	Other	5631150
Dyal Capital Partners (A) Lp	Limited partner	1 Dec 2012	Other	46-0525083
Halcyon Management Partners Lp	Limited partner	1 Dec 2012	75% - 100%	90-0919086
Halcyon Management Holdings Gp Llc	General partner	1 Dec 2012	Other	80-0877805
Jason O Dillow	Chief executive officer, chief investment officer, portfolio manager, chairman of executive committee	1 Jan 2014	Other	4430538
John Winand Greene	Portfolio manager, managing principal	1 Jan 2014	Other	4044920
Mark Nelson Simons	Portfolio manager	1 Nov 2015	Other	1967811
Brian Ross Smead	Portfolio manager, executive committee member	1 Jan 2016	Other	5208228
Jacob Zvi Fishelis	Chief financial officer	1 Jan 2017	Other	6745019
L.P. Cairo Management Holdings	Limited partner	1 Oct 2018	Other	83-1947285
Pratik S Desai	Portfolio manager	1 Jan 2019	Other	4891141

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nb Alternatives Holdings Llc	Managing member	1 May 2009	75% - 100%	80-0357916
Neuberger Berman Group Llc	Managing member	1 May 2009	75% - 100%	61-1591182
Llc Nbsh Acquisition	Member	1 May 2009	75% - 100%	26-4383171
Nb Dyal Gp Holdings Llc	General partner	1 Feb 2010	Other	27-2302165
Nb Dyal Associates Lp	General partner	1 Feb 2010	Other	98-0657386
Nb Alternatives Gp Holdings Llc	Managing member	1 Feb 2010	75% - 100%	80-0357937
Halcyon Management Partners Gp Llc	General partner	1 Dec 2012	Other	46-1589073
Alan Samuel Waxman	Limited partner	1 Aug 2014	25% - 50%	3102837
L.P. Tssp Management Holdings	Limited partner	1 Jun 2017	75% - 100%	82-1049549
Jason O Dillow	Chief executive officer	1 Oct 2018	50% - 75%	4430538
L.P. Tpg Special Situations Partners Management Company	Limited partner	1 Oct 2018	75% - 100%	45-4758304

Based in New York

The principal office where Bardin Hill Investment Partners LP performs its advisory services is located at 477 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-303-9400 or by fax 212-935-1831. The normal business hours are 8:30 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at bardinhill.com/ and its LinkedIn profile.