Type LLC, Private Total assets $3.7 billion Number of employees 39 | Industry Hedge funds Founded 2003 | |
Headquarters New York City, New York, United States Founder Michael Barnes; Arif Inayatullah | ||
Tricadia Capital Management, LLC ("Tricadia Capital") is a New York based asset management company.
Contents
History
Tricadia Capital is a multi-strategy credit manager for hedge funds and alternative investment accounts. Tricadia Capital’s predecessor was formed in 2003 by Michael Barnes and Arif Inayatullah. Tricadia Capital is a wholly owned subsidiary of Tricadia Holdings, L.P. (“Tricadia Holdings”), which is controlled by Messrs, Barnes and Inayatullah. Tricadia Holdings also owns Tricadia CDO Management, LLC. Tricadia Holdings is associated with Mariner Investment Group, LLC, which provides certain support services for the firm.
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.
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.