Napier Park Global Capital (Us) Lp
- Regulatory AUM
- $14.6B
- Discretionary
- $14.6B
- Clients
- 59
- Avg AUM / client
- $247M
- Accounts
- 63
- Employees
- 137
AUM over time
Annual snapshots from Form ADV filings · as of May 13, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 54 | $12.3B | 84.4% |
| Pension and profit sharing plans | Fewer than 5 clients | $573M | 3.93% |
| State or municipal government entities | 5 | $1.7B | 11.7% |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | $0 | — |
Private funds (30)
View all →Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $9.7B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Regatta Xiv Funding Ltd. | Securitized Asset Fund | Cayman Islands | $672M | 1 |
| Regatta Funding Xv Ltd. | Securitized Asset Fund | Cayman Islands | $586M | 1 |
| Regatta Xviii Funding Ltd. | Securitized Asset Fund | Cayman Islands | $552M | 1 |
| Napier Park Deep Value Credit Master Fund Ii Lp master | Hedge Fund | Cayman Islands | $528M | 239 |
| Regatta Funding Xiii Ltd. | Securitized Asset Fund | Cayman Islands | $524M | 1 |
| Regatta Ii Funding L.P. | Securitized Asset Fund | Cayman Islands | $524M | 1 |
| Napier Park Railcar Lease Fund Llc | Private Equity Fund | Delaware | $516M | 46 |
| Regatta Xxii Funding Ltd. | Securitized Asset Fund | Cayman Islands | $503M | 1 |
| Regatta Xix Funding Ltd. | Securitized Asset Fund | Cayman Islands | $500M | 1 |
| Regatta Xx Funding Ltd. | Securitized Asset Fund | Cayman Islands | $497M | 1 |
| Regatta Xxiv Funding Ltd. | Securitized Asset Fund | Cayman Islands | $497M | 1 |
| Regatta Xxiii Funding Ltd. | Securitized Asset Fund | Cayman Islands | $496M | 1 |
| Regatta Xxv Funding Ltd. | Securitized Asset Fund | Cayman Islands | $400M | 1 |
| Regatta Xxvi Funding Ltd. | Securitized Asset Fund | Cayman Islands | $400M | 1 |
| Regatta Xxi Funding Ltd. | Securitized Asset Fund | Cayman Islands | $398M | 1 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| The Citigroup Pension Plan Citigroup Inc. | 2024 |
People (8)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jayanti, Dharma, Teja Ignacio | Sole Member | Dec 2006 (20y) | 75% or more of Vayu Investors Llc (indirect) | |
| Dorfman, Jonathan, Louis | Co Chief Executive Officer | Sep 2012 (14y) | Less than 5% | |
| Obrien, James, Michael | Co Chief Executive Officer | Sep 2012 (14y) | Less than 5% | |
| Williams, Michael, Robert | Co President And Chief Operating Officer | Sep 2012 (14y) | Less than 5% | |
| Plata, Sonia | Chief Compliance Officer | Mar 2013 (13y) | Less than 5% | |
| Traum, Jeffrey, Lloyd | General Counsel | Mar 2015 (11y) | Less than 5% | |
| Greatorex, Timothy | Co President | Jun 2020 (6y) | Less than 5% | |
| Stathonikos, Spyro | Chief Financial Officer | Aug 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Napier Park Global Capital Llc | Limited Partner | Sep 2012 | A | 75% or more |
| Napier Park Global Capital (Us) Gp Llc | General Partner | Apr 2014 | A | Less than 5% |
| First Eagle Holdings, Inc. | Managing Member And Parent Company | Mar 1987 | B | ≈ 42.19% – 100% via First Eagle Investment Management, Llc |
| Corsair Mentor Investors L.P. | Limited Partner | Dec 2015 | B | ≈ 3.96% – 37.5% via Corsair Mentor L.P. |
| Bma Vi L.L.C. | Sole Member | Dec 2015 | B | 75% or more of Blackstone Management Associates Vi L.L.C. (indirect) |
| Blackstone Inc. | Sole Member | Dec 2015 | B | 75% or more of Blackstone Holdings Iii Gp Management L.L.C. (indirect) |
| Corsair Capital, L.P. | Sole Member | Jan 2018 | B | 75% or more of Corsair Capital Llc (indirect) |
| Corsair Capital Feeder. L.P. | Limited Partner | Jul 2021 | B | 75% or more of Corsair Capital, L.P. (indirect) |
| Corsair Capital Partners, L.P. | Limited Partner | Jun 2015 | B | 75% or more of Corsair Mentor Management L.P. (indirect) |
| First Eagle Investment Management, Llc | Sole Member And Managing Member | Aug 2022 | B | ≈ 56.25% – 100% via Napier Park Global Capital Llc |
| Bcp Cc Holdings L.P. | Shareholder | Dec 2015 | B | ≈ 21.09% – 75% via First Eagle Holdings, Inc. |
| Blackstone Holdings Iii L.P. | Managing Member | Dec 2015 | B | 50% – 75% of Bma Vi L.L.C. (indirect) |
| Corsair Iv Financial Services Capital Partners L.P. | Member | Dec 2015 | B | 50% – 75% of Bcp Cc Holdings Gp L.L.C. (indirect) |
| Blackstone Capital Partners Vi L.P. | Limited Partner | Dec 2015 | B | ≈ 5.27% – 37.5% via Bcp Cc Holdings L.P. |
| Corsair Mentor L.P. | Limited Partner | Dec 2015 | B | ≈ 5.27% – 37.5% via Bcp Cc Holdings L.P. |
| Vayu Investors Llc | Limited Partner | Jul 2021 | B | 25% – 50% of Corsair Capital Feeder. L.P. (indirect) |
| Corsair Mentor Management L.P. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Corsair Mentor Investors L.P. (indirect) |
| Corsair Capital Llc | General Partner | Jun 2015 | B | GP / trustee / elected manager of Corsair Mentor Management L.P. (indirect) |
| Blackstone Management Associates Vi L.L.C. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Blackstone Capital Partners Vi L.P. (indirect) |
| Blackstone Holdings Iii Gp Management L.L.C. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Blackstone Holdings Iii L.P. (indirect) |
| Bcp Cc Holdings Gp L.L.C. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Bcp Cc Holdings L.P. (indirect) |
| Corsair Iv Management L.P. | General Partner | May 2010 | B | GP / trustee / elected manager of Corsair Iv Financial Services Capital Partners L.P. (indirect) |
| Corsair Partners Mentor Managment, L.P. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Corsair Mentor L.P. (indirect) |
| Corsair Capital Group, Ltd. | General Partner | Dec 2010 | B | GP / trustee / elected manager of Corsair Capital, L.P. (indirect) |
| Corsair Capital Partners Group, Ltd. | General Partner | Mar 2012 | B | GP / trustee / elected manager of Corsair Capital Partners, L.P. (indirect) |
| Blackstone Holdings Iii Gp L.P. | General Partner | Dec 2015 | B | GP / trustee / elected manager of Blackstone Holdings Iii L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- First Eagle Holdings, Inc.: 75% – 100% of First Eagle Investment Management, Llc × 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Corsair Mentor Investors L.P.: 75% – 100% of Corsair Mentor L.P. × 25% – 50% of Bcp Cc Holdings L.P. × 50% – 75% of First Eagle Holdings, Inc. × 75% – 100% of First Eagle Investment Management, Llc × 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 3.96% – 37.5% of the firm
- First Eagle Investment Management, Llc: 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Bcp Cc Holdings L.P.: 50% – 75% of First Eagle Holdings, Inc. × 75% – 100% of First Eagle Investment Management, Llc × 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 21.09% – 75% of the firm
- Blackstone Capital Partners Vi L.P.: 25% – 50% of Bcp Cc Holdings L.P. × 50% – 75% of First Eagle Holdings, Inc. × 75% – 100% of First Eagle Investment Management, Llc × 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 5.27% – 37.5% of the firm
- Corsair Mentor L.P.: 25% – 50% of Bcp Cc Holdings L.P. × 50% – 75% of First Eagle Holdings, Inc. × 75% – 100% of First Eagle Investment Management, Llc × 75% – 100% of Napier Park Global Capital Llc × 75% – 100% direct ≈ 5.27% – 37.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (30, $9.7B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Regatta Xiv Funding Ltd. | Securitized Asset Fund | $672M | $250K | 1 |
| Regatta Funding Xv Ltd. | Securitized Asset Fund | $586M | $250K | 1 |
| Regatta Xviii Funding Ltd. | Securitized Asset Fund | $552M | $50.0K | 1 |
| Napier Park Deep Value Credit Master Fund Ii Lp | Hedge Fund | $528M | $5.0M | 239 |
| Regatta Funding Xiii Ltd. | Securitized Asset Fund | $524M | $100K | 1 |
| Regatta Ii Funding L.P. | Securitized Asset Fund | $524M | $500K | 1 |
| Napier Park Railcar Lease Fund Llc | Private Equity Fund | $516M | $10.0M | 46 |
| Regatta Xxii Funding Ltd. | Securitized Asset Fund | $503M | $50.0K | 1 |
| Regatta Xix Funding Ltd. | Securitized Asset Fund | $500M | $50.0K | 1 |
| Regatta Xx Funding Ltd. | Securitized Asset Fund | $497M | $50.0K | 1 |
| Regatta Xxiv Funding Ltd. | Securitized Asset Fund | $497M | $50.0K | 1 |
| Regatta Xxiii Funding Ltd. | Securitized Asset Fund | $496M | $50.0K | 1 |
| Regatta Xxv Funding Ltd. | Securitized Asset Fund | $400M | $50.0K | 1 |
| Regatta Xxvi Funding Ltd. | Securitized Asset Fund | $400M | $50.0K | 1 |
| Regatta Xxi Funding Ltd. | Securitized Asset Fund | $398M | $50.0K | 1 |
| Regatta Xvii Funding Ltd. | Securitized Asset Fund | $350M | $250K | 1 |
| Np Railcar Holdings Llc | Private Equity Fund | $343M | $10.0M | 26 |
| Napier Park Value Credit Master Fund I Lp | Hedge Fund | $320M | $1.0M | 55 |
| Napier Park Aircraft Leasing Rollover Fund I Llc | Private Equity Fund | $253M | $10.0M | 27 |
| Napier Park Multi Asset Fund I (Cayman) Lp | Private Equity Fund | $216M | $10.0M | 9 |
| Napier Park Aircraft Leasing Vehicle I Llc | Private Equity Fund | $191M | $10.0M | 35 |
| Napier Park Select Master Fund Lp | Hedge Fund | $189M | $5.0M | 8 |
| Np Railcar Investments Iii Lp | Private Equity Fund | $157M | $10.0M | 5 |
| Napier Park Abs Income Master Fund Lp | Hedge Fund | $20.0M | $1.0M | 42 |
| Napier Park Strategic Loan Fund Lp | Hedge Fund | $19.1M | $5.0M | 11 |
Top 25 of 30 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| The Citigroup Pension Plan | Citigroup Inc. | 14,217 | $10.0B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/13/2026 | 9.81 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SEC ALLEGED THAT FIRST EAGLE AND FEF DISTRIBUTORS IMPROPERLY CAUSED THE FIRST EAGLE MUTUAL FUNDS TO MAKE PAYMENTS TO TWO FINANCIAL INTERMEDIARIES FOR DISTRIBUTION RELATED SERVICES OUTSIDE OF A WRITTEN, APPROVED RULE 12B-1 PLAN, AND THAT WERE NOT PAID BY FIRST EAGLE OUT OF ITS OWN RESOURCES. IN ADDITION, THE SEC ALLEGED THAT THE USE OF THE FUNDS' ASSETS TO PAY FOR THESE DISTRIBUTION-RELATED SERVICES RENDERED THE FUNDS' DISCLOSURES CONCERNING PAYMENTS FOR DISTRIBUTION-RELATED SERVICES INACCURATE. Status: Final Sanction Detail: THE ORDER IMPOSES A CIVIL PENALTY OF $12.5 MILLION AND DISGORGEMENT AND INTEREST PAYMENT OF $27,247,879 MILLION. PURSUANT TO THE ORDER, THESE AMOUNTS (THE "DISTRIBUTION FUND") WERE DEPOSITED TO AN ESCROW ACCOUNT. FIRST EAGLE WAS RESPONSIBLE FOR ADMINISTERING THE DISBURSEMENT OF AMOUNTS PAYABLE FROM THE DISTRIBUTION FUND TO AFFECTED SHAREHOLDER ACCOUNTS THAT HELD SHARES OF THE FUNDS DURING THE RELEVANT PERIOD, PURSUANT TO THE PLAN APPROVED BY THE SEC STAFF, WHICH PROCESS WAS COMPLETED DURING THE QUARTER ENDED DECEMBER 31, 2018, AND THE SEC WAS NOTIFIED OF ITS COMPLETION. Summary: THE SEC ADMINISTRATIVE ORDER IS FINAL. THE DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL MONETARY PENALTY WERE PAID INTO THE ESCROW ACCOUNT WITHIN 10 DAYS OF THE ENTRY OF THE ORDER. A DISBURSEMENT CALCULATION METHODOLOGY WAS SUBMITTED TO THE SEC STAFF AND APPROVED. THE DISBURSEMENT OF AMOUNTS PAYABLE TO AFFECTED SHAREHOLDERS WAS COMPLETED DURING THE QUARTER ENDED DECEMBER 31, 2018, AND THE SEC WAS NOTIFIED OF ITS COMPLETION. PER THE ORDER, FEF DISTRIBUTORS RETAINED A CONSULTANT TO REVIEW ITS POLICIES AND PROCEDURES RELATED TO THE USE OF FUND ASSETS FOR ANY ACTIVITY WHICH IS PRIMARILY INTENDED TO RESULT IN THE SALE OF FUND SHARES.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $5.6B (38% of AUM) May 2026
- State Street $218M (2% of AUM) Sep 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 13, 2026.
View current Form ADV (SEC/IAPD) ↗