Centerbridge Partners

Founded in 2005 by Jeffrey Aronson and Mark Gallogly, Centerbridge Partners is a private investment firm that manages over $56 billion in assets. The firm operates with a multi-strategy approach, targeting both control-oriented investments like private equity and non-control opportunities in public market debt and equities. It is particularly known for its expertise in distressed securities and leveraged buyouts.

Headquartered in New York City with an office in London, the firm raised its debut fund of $3.2 billion in 2006. Since then, it has expanded its reach through flagship buyout funds and specialized credit funds. Centerbridge has been active across various industries, frequently engaging in complex transactions involving distressed debt, including notable participation in the steering committee for Puerto Rican government bonds.

The firm's portfolio history includes a mix of restaurant chains, hospitality brands, and industrial companies. Notable activity includes the acquisition of P.F. Chang's, Great Wolf Resorts, and a minority stake in online grocer FreshDirect. The firm has also been involved in international rescue efforts and renewable energy transactions in Europe.