MIDOCEAN CREDIT PARTNERS

RIASEC RegisteredEst. 2009
Total AUM
$8.5B
Discretionary
$8.5B
100% of AUM
Avg account
$211M
Accounts
40
Employees
45
Advisory reps
5

Firm details

Headquarters
New York, New York
CRD number
151578
Registered since
October 14, 2009
Custodians
THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
Fee structure
Percentage of AUM, Performance Based Fees
Client types
  • Pooled Investment Vehicles93.53%
  • Corporations / Businesses4.39%
  • Investment Companies2.08%
Services
Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Midocean Credit Partners is a credit-focused investment manager that primarily serves institutional clients through pooled investment vehicles. The firm operates as a manager of securitized credit and related strategies, and its activity shows a heavy emphasis on running and advising private funds rather than retail separately managed accounts. Midocean reports using performance-based fee structures alongside traditional asset-based fees, and it is registered to provide portfolio management for pooled vehicles and for businesses or institutions. The firm also identifies itself as an active ESG investor, indicating that environmental, social and governance considerations are incorporated into its investment process. Regulatory filings list the firm as operating in commodity pool/CTA-type activities in addition to conventional advisory responsibilities, which suggests experience in structured credit, derivatives or other trading strategies used within its funds. Midocean’s client base is institutional, and its business model centers on sponsoring and managing pooled securitized credit vehicles as well as hedge and private equity-style funds.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

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Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Other 54%, Non-Investment Grade Corp Bonds 36%, Cash & Cash Equivalents 7%, Exchange Traded Equities 1%, Non-Exchange Traded Equities 1%, Investment Grade Corp Bonds 1%54%
  • Other54%
  • Non-Investment Grade Corp Bonds36%
  • Cash & Cash Equivalents7%
  • Exchange Traded Equities1%
  • Non-Exchange Traded Equities1%

Owners & executives

3 of 4
  • DANA CAREY

    Chairman & Chief Investment OfficerCRD 3064429

  • JAMES VIRTUE

    CEOCRD 1236163

  • ANDREW SPRING

    Chief Financial Officer, Managing Director, Portfolio ManagerCRD 4743071

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Contacts

1 of 1
  • STEVEN SHENFELD

    PresidentCRD 1176990

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

New York, NY

NEW YORK

Location

New York, NY

Headquartered in New York, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
NEW YORK
Address
245 Park Ave
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth