# Aristeia Capital

Aristeia Capital is an Asset Manager based in Greenwich, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Greenwich, United States
- **Region:** North America
- **Address:** Greenwich, CT, United States
- **Founded:** 1997
- **Assets under management:** Undisclosed
- **Website:** aristeiacapital.com

## Regulatory record

- **CRD number:** 135986
- **SEC file number:** 801-64502
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/135986

## About

Aristeia Capital, LLC is an SEC-registered investment adviser in Greenwich, CT, registered since 2005. The firm manages approximately $13.7 billion in assets. It has 65 employees and 24 investment advisers.

## Sectors

- Hedge Funds
- Secondaries & Special Situations

## People

- Anthony M. Frascella — Chief Investment Officer
- Robert H. Lynch — Chairman

## Questions

### Who runs investment decisions at Aristeia Capital?

Anthony 'Tony' Frascella serves as Chief Investment Officer and has led the firm's investment strategy since its founding in 1997. He previously worked under Julian Robertson at Tiger Management, where the relationship that led to Aristeia's seed capital was formed. Frascella is the key decision-maker for portfolio allocation across the firm's credit and event-driven strategies.

### What is Aristeia Capital's relationship with Tiger Management?

Aristeia Capital is one of the original 'Tiger cub' funds — hedge funds seeded by Julian Robertson's Tiger Management. Robertson provided the initial capital for Aristeia's 1997 launch, placing it in a group that includes firms like Lone Pine, Viking Global, and Coatue. Unlike most Tiger cubs, Aristeia focused on credit and event-driven strategies rather than long/short equity.

### What investment strategies does Aristeia Capital pursue?

Aristeia operates as a multi-strategy event-driven manager with an emphasis on credit markets. The firm invests across distressed debt, convertible arbitrage, merger arbitrage, structured credit, and special situations. Its mandate is opportunistic — the portfolio mix shifts with credit cycles rather than adhering to a fixed allocation model.

### Does Aristeia participate in fund commitments or only direct deals?

Aristeia Capital primarily executes direct investments in securities and structured products rather than acting as a fund-of-funds allocator. The firm invests directly in corporate credit instruments, convertible bonds, and other event-driven opportunities. It is not known for taking LP stakes in external private equity or venture funds.

### What is the known AUM of Aristeia Capital?

Aristeia Capital has not publicly disclosed a current AUM figure. At its peak around 2015, the firm was reported to manage approximately $3 billion. Given the private nature of hedge fund partnerships and the absence of recent regulatory filings with a disclosed AUM, the current scale of the firm is not publicly verifiable.

### What is Aristeia Capital's known posture on co-investments alongside external managers?

Aristeia Capital is not known for offering co-investment opportunities to external parties, as it operates as a pooled hedge fund vehicle rather than a co-investment platform. The firm makes proprietary investments across its credit and event-driven strategies, and its investor base participates through the fund structure without side-by-side co-investment rights being publicly advertised.

## Related profiles

- [FILICE RETIREMENT SERVICES](https://altss.com/profile/filice-retirement-services)
- [Circle R Wealth](https://altss.com/profile/circle-r-wealth-llc)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/aristeia-capital-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology