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Adviser Profile

Registration status Terminated
As of Date 03/30/2024
Adviser Type - Large advisory firm
Number of Employees 1
of those in investment advisory functions 1
AUM* 350,733,298
of that, discretionary 350,733,298
Private Fund GAV* 0 -100.00%
Avg Account Size 14,029,332
SMA’s No
Private Funds 0 24
Contact Info 212 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
5B 4B 4B 3B 2B 1B 728M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Brochure Summary

Overview

ADVISORY BUSINESS Mount Kellett Capital Management LP (together with its affiliates, the "Adviser") is a Delaware limited partnership formed in 2008. The Adviser provides investment management and related services to private pooled investment vehicles and managed accounts for institutional investors (the "Mount Kellett Funds"). The Mount Kellett Funds are U.S. and non-U.S. limited partnerships and other investment vehicles that are not registered or required to be registered pursuant to an exemption under the U.S. Investment Company Act of 1940 and the equity interests of which are not required to be registered pursuant to the U.S. Securities Act of 1933. The Mount Kellett Funds include private equity style funds, and managed accounts, which managed accounts are in the form of investment vehicles established for a single institutional investor or for a limited number of investors who are clients of the same third party institutional asset manager. The Adviser maintains an office in New York. The principal owner of the Adviser is Mark McGoldrick. As of December 31, 2022, the Adviser's regulatory assets under management equaled approximately $350,733,298. The Adviser, jointly with Fortress MK Advisors LLC (together with its parent entity, FIG LLC and its other affiliates, the "Fortress Manager"), has discretionary authority with respect to investment decisions of the Mount Kellett Funds, except, as previously disclosed
to investors in the Mount Kellett Funds, with respect to several specific investments for which the Adviser has sole discretionary authority. The Adviser's advice with respect to the Mount Kellett Funds is made in accordance with the investment objectives and guidelines as set forth in the Mount Kellett Funds' respective offering memoranda, organizational documents and investment management agreements (collectively, the "Fund Documents"). The primary investment strategy pursued by the Adviser on behalf of the Mount Kellett Funds has historically focused on opportunistic investments globally across asset classes, capital structures and geographies, including, but not limited to, investments in the debt and equity of private and public companies, bank loans and bonds, distressed and stressed investments, including control positions, single credits, portfolios of corporate loans, consumer receivables and mortgage loans, and real estate and real-estate-related securities. The Adviser may compensate unaffiliated individuals or firms in connection with investments sourced by such individuals or firms or for other transactions. The investment periods of all of the Mount Kellett Funds have expired, and except for follow-on investments (and certain other types of permissible fundings) in certain existing portfolio companies and certain hedging positions, the Mount Kellett Funds are no longer actively making new investments.