Tricadia Capital

Tricadia Capital
LLC, Private
Industry Hedge funds
Founded 2003
Founder Michael Barnes
Arif Inayatullah
Headquarters New York City, New York, United States
Total assets $3.7 billion
Number of employees
39[1]

Tricadia Capital Management, LLC ("Tricadia Capital") is a New York based asset management company.

History

Tricadia Capital is a multi-strategy credit manager for hedge funds and alternative investment accounts.[1] Tricadia Capital’s predecessor was formed in 2003 by Michael Barnes and Arif Inayatullah.[2] Tricadia Capital is a wholly owned subsidiary of Tricadia Holdings, L.P. (“Tricadia Holdings”), which is controlled by Messrs, Barnes and Inayatullah.[3] Tricadia Holdings also owns Tricadia CDO Management, LLC.[4] Tricadia Holdings is associated with Mariner Investment Group, LLC, which provides certain support services for the firm.[5][6]

Before founding Tricadia Holdings, Mr. Barnes had worked at UBS and Paine Webber, and Bear Stearns. Mr. Inayatullah had worked at UBS, BroadStreet Group, and Credit Agricole Indosuez.[7]

Synthetic CDO

In 2004, Tricadia CDO Management, LLC was the first North American organization to do a "synthetic CDO-squared" deal, which it did with Citibank.[8]

References

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