Overview
Aristeia Capital, L.L.C. (also referred to as Aristeia Capital), founded in 1997, is an
investment services firm specializing in investment management for pooled investment
vehicles. All of our clients are pooled investment vehicles. The principal owner of
Aristeia Capital is Aristeia Holdings, L.P. Anthony M. Frascella, William R. Techar,
Robert H. Lynch, Jr., Kevin C. Toner and Aristeia Holdings GP LLC own Aristeia
Holdings, L.P. Aristeia Capital maintains offices in Greenwich, Connecticut and New
York City.
In providing our advisory services to pooled investment vehicles, we focus on
investments in the credit markets and other opportunities that we think exhibit attractive
return profiles. We strive to employ a dynamic approach to managing our clients’
portfolios by actively managing our clients’ positions to extract profits and attempt to
mitigate risk through a variety of investment strategies. We use a combination of
mathematical and statistical modeling and fundamental research and analysis to
determine our target investments.
Advisory Clients
Our firm’s advisory clients fall into three categories:
1. Private funds
sponsored and controlled by Aristeia Capital for a variety of
investors (referred to as the “Aristeia Funds”);
2. Pooled investment vehicles sponsored by unaffiliated institutions (referred
to as the “Dedicated Funds”); and
3. Separately managed accounts (referred to as the “SMAs”).
Our firm tailors our advisory services to the individual needs of our clients. Our portfolio
managers adhere to the investment strategy set forth in each client’s Private Placement
Memorandum and/or other governing documents. Our clients’ Private Placement
Memoranda and/or other governing documents allow for investing in a broad array of
securities and financial instruments to the end of achieving their investment objectives,
subject to any investment guidelines and restrictions agreed upon with each client.
We do not participate in wrap fee programs.
The amount of net client assets that we manage on a discretionary basis is $6,682,411,059
as of December 31, 2023. This figure includes the assets held in the Aristeia Funds and
the Dedicated Funds, as well as the SMAs that we managed on such date. We do not
manage any client assets on a non-discretionary basis.