Atalaya Capital's AUM Soar 21% in a Year To $9.5 Billion

Atalaya Capital Management LP (ACM) is an SEC-registered investment adviser based in New York City. The firm provides investment advisory services to pooled investment vehicles, separately managed accounts, and co-investment vehicles. Ivan Q. Zinn is the principal owner of ACM and serves as the Chief Investment Officer. In 2017, Dyal Capital Partners acquired a minority stake in the firm.

ACM focuses primarily on investing in credit opportunities and special situations, including secondary loan acquisitions and primary loan originations. The firm manages each Atalaya Fund according to the objectives specified in the materials by which each fund offers its ownership interests to investors. 

Between March 2022 and March 2023, Atalaya Capital Management LP (ACM) underwent significant changes, as disclosed in their recent Form ADV filings.

The Total Assets Under Management (AUM) grew from $7.8 billion to $9.5 billion, a 21% increase. The total number of accounts handled also saw a modest uptick from 50 to 53. However, the employee strength remained steady at 78.

The firm disclosed several modifications in its 35 private funds. 

ACM Alamosa I-A LP:

• The fund has added Silicon Valley Bank in 2022 and Carta Securities, LLC in 2023 as custodians. The gross asset value (GAV) is $323 million.
  

Atalaya Asset Income Partners I LP:

• GAV increased from $2.23 million to $2.28 million.

Atalaya Special Opportunities Fund (Cayman) VI LP:

• GAV decreased from $34.8 million to $16.1 million. The beneficial ownership by related persons went down from 24% to 20%, while the ownership by non-US persons increased from 76% to 80%.
  

Atalaya Special Opportunities Fund (Cayman) VI LP:

• The GAV decreased from $15.42 million to $5.67 million.
  

Atalaya Special Opportunities Fund V-B LP:

• The Gross Asset Value (GAV) decreased from $5.16 million to $2.51 million.
• The approximate percentage beneficially owned by related persons increased from 19% to 30%.

Atalaya Special Opportunities Fund VI LP:

• The GAV experienced a significant decrease, from $224.05 million to $92.56 million.
• The approximate percentage beneficially owned by related persons saw a slight decrease from 22% to 21%.
• There was an increase in the percentage beneficially owned by funds of funds, from 11% to 12%.

Atalaya Special Opportunities Fund V LP:

• The GAV declined from $68.65 million to $25.24 million.
• The number of beneficial owners decreased from 51 to 49.
• There was an increase in the approximate percentage beneficially owned by related persons, from 1% to 2%, and by funds of funds, from 41% to 42%.
  
  

The full comprehensive list of private funds, complete with their respective modifications, is readily accessible on Radient.
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The firm added 3 private funds:

• Atalaya Equipment Leasing Fund Evergreen LP has a current gross asset value of $280.8 million.
• Atalaya Commercial Real Estate Fund II LP has a current gross asset value of $64.1 million.
• ACM Jeeves Co-Invest Vehicle LLC has a current gross asset value of  $20.7 million.
  
  

The indirect owners that were added are:

• Blue Owl Capital Inc. as a managing member.
• Dyal GP Holdings LLC as a general partner.
  

Stay updated with 13F Form and Form ADV filings and disclosures in our SEC Fillings blog.