Tower Bay Asset Management LP, a Delaware limited partnership, offers investment management services to onshore, offshore, and private funds. The firm primarily advises on fixed-income securities, equities, commercial paper, U.S. government securities, futures, and options. As of May 31, 2023, the firm manages $407.4M in discretionary assets. Principally owned by William Hauf and Keith Friedman,
In the period spanning from March 2022 to June 2023, Tower Bay Asset Management LP recorded significant growth as per its Form ADV filing. The firm's total Assets Under Management (AUM) witnessed a surge of 95.12%, rising from $203.17M to $396.43M. Meanwhile, the total number of managed accounts remained constant at 3. The firm also grew its personnel, increasing its employee count from 6 to 7.
Here are details and modifications disclose for the firm's private fund:
Tower Bay Municipal Bond Opportunity Master Fund LP
Changes that have occurred:
Additionally, three new Private Feeder Funds have been added:
New administrator, custodians, auditor, and prime broker added on 2022-01-03: