# Cyrus Capital Partners

Cyrus Capital Partners is a Hedge Fund based in New York, United States.

## Overview

- **Organization type:** Hedge Fund
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** cyruscapital.com
- **LinkedIn:** https://www.linkedin.com/company/cyrus-capital-partners

## Regulatory record

- **CRD number:** 136713
- **SEC file number:** 801-64816
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/136713

## About

Cyrus Capital Partners is an SEC-registered investment adviser in New York, NY, since 2005. The firm manages $3.9 billion in assets. It has 25 employees and 15 investment advisers.

## Sectors

- Private Credit
- Hedge Funds
- Secondaries & Special Situations
- Energy Transition & Renewables
- Mobility & Transportation

## Offices

- The Woodlands, TX
- Los Angeles, CA
- Phoenix, AZ

## People

- Stephen Freidheim — Founder, Chief Investment Officer & Managing Partner

## Questions

### Who runs investment decisions at Cyrus Capital Partners?

Founder Stephen Freidheim serves as Chief Investment Officer and Managing Partner, maintaining final authority over all portfolio decisions. The firm operates a centralized investment committee structure rather than siloed sector pods, which reinforces the concentrated, conviction-weighted style that defines its distressed credit and event-driven book.

### Is Cyrus a hedge fund, a private credit manager, or something else?

Cyrus Capital Partners is structured as an asset manager that runs both hedge fund-style public credit and equity strategies and committed private credit vehicles. The lines blur further because the firm frequently ends up holding controlling equity stakes in post-restructured companies, making it functionally a hybrid of distressed debt manager and concentrated private equity investor.

### How does Cyrus source its distressed and special-situation deals?

Cyrus's origination model leans heavily on long-standing creditor relationships forged over two decades, particularly in aviation and European corporate credit. The firm is known for stepping into complex multi-creditor negotiations as a lead or blocking stakeholder rather than relying on sell-side auctions or intermediary-driven deal flow, which gives it early visibility into restructurings.

### How does Cyrus approach European credit markets?

European corporate and sovereign credit has been a core competency since the 2010-2012 European debt crisis, when Cyrus was an active trader of Greek government bonds and peripheral eurozone corporate debt. The firm maintains a presence in European distressed situations, often appearing as a member of ad-hoc creditor committees in complex cross-border restructurings.

### What investment structures does Cyrus typically use?

Cyrus invests through a combination of public market positions in bonds and equities, privately negotiated loans, and post-reorganization control equity stakes. The firm does not operate a traditional private equity drawdown fund focused on buyouts; its private exposure is almost entirely sourced through its distressed and special-situations credit lens.

## Related profiles

- [Southern Petroleum Laboratories](https://altss.com/profile/southern-petroleum-laboratories)
- [Blooming Brands](https://altss.com/profile/blooming-brands)

---

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

Canonical page: https://altss.com/profile/cyrus-capital-partners

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