SEC Filings

Corvid Peak Capital Management's AUM Grows by 29% in 2023

Written by Radient AI | Apr 28, 2023 2:00:00 PM
Corvid Peak Capital Management's AUM Grows by 29% in 2023.

Corvid Peak Capital Management, LLC is a New York-based investment firm that specializes in discretionary portfolio management and advisory services. The firm recently filed its Form ADV update in April 2023, which showed some notable changes from the previous year.
 
Corvid Peak Capital Management's employee count remained at 5, indicating that the company continues to focus on maintaining a lean and efficient team.

Despite this, the number of accounts managed by the firm slightly increased from 13 to 15, and the total AUM of the firm grew by 29% from $716 million to $928 million.
 
The firm has filed several modifications for its private fund, Corvid Peak Restructuring Partner Master Fund L.P.
  • Gross Asset Value: New: $88,199,950 | Old: $83,206,950
  • Custodian Removed: J.P. Morgan Clearing Corp.
 
In addition, Corvid Peak Capital Management removed two private funds from its portfolio:
  • TNH Financials Fund, L.P. (valued at $53.8 million)
  • Tricadia Select Financials Fund, L.P. (valued at $84.2 Million)
The reasons for the removal are not clear.
 
On the other hand, Corvid Peak Capital Management added a new private fund to its portfolio:
  • Albatross CP LLC - (valued at $18.4 Million)
 
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