Balbec Capital Management Lp
- Regulatory AUM
- $8.0B
- Discretionary
- $7.4B
- Clients
- 22
- Avg AUM / client
- $363M
- Accounts
- 23
- Employees
- 150
AUM over time
Annual snapshots from Form ADV filings · as of Apr 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 22 | $7.4B | 92.3% |
| Insurance companies | Fewer than 5 clients | $613M | 7.67% |
Private funds (11)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $5.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Insolve Global Credit Fund V, Lp master | Private Equity Fund | Delaware | $2.7B | 638 |
| Insolve Global Credit Fund Iv, Lp master | Private Equity Fund | Delaware | $1.2B | 447 |
| Insolve Global Credit Fund Vi, Lp master | Private Equity Fund | Delaware | $448M | 253 |
| Palace Mortgage Fund Ii, L.P. | Private Equity Fund | Delaware | $372M | 9 |
| Insolve Global Credit Fund Iii, Lp master | Private Equity Fund | Delaware | $343M | 337 |
| Balbec Sc Evergreen Fund, L.P. master | Private Equity Fund | Delaware | $310M | 3 |
| Bkpl Mortgage Holding Spv, Lp | Private Equity Fund | Delaware | $155M | 10 |
| Palace Mortgage Fund, L.P. | Private Equity Fund | Delaware | $136M | 13 |
| Fallingwater Fund, Lp master | Private Equity Fund | Delaware | $53.3M | 4 |
| Bmcf Fund Ii, L.P. | Private Equity Fund | Delaware | $41.6M | 3 |
| Insolve Global Credit Fund Sc, Llc | Private Equity Fund | Delaware | $9.2M | 2 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Daniels, Philip, John | Chief Investment Officer | Sep 2016 (10y) | Less than 5% | |
| Padden, Jeff, Carter | Chief Legal Officer | Sep 2016 (10y) | Less than 5% | |
| Rusbasan, Charles, Joseph | Chief Executive Officer | Sep 2016 (10y) | Less than 5% | |
| Spector, Warren, Jeffrey | Chairman | Sep 2016 (10y) | Less than 5% | |
| Niehaus, Brett, Steven | Chief Compliance Officer | Mar 2021 (5y) | Less than 5% | |
| Houghton, Christina, L | Chief Finanacial Officer | Jan 2023 (4y) | Less than 5% | |
| Troisi, Peter, John | President | Jan 2023 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Insolve Capital G.P. Parent (Operations), L.P. | Limited Partner Of Balbec Capital Management, Lp | Dec 2016 | A | 75% or more |
| Balbec Capital Management, Llc | General Partner | Sep 2016 | A | Less than 5% |
| Insolve Capital G.P. Parent (Operations), L.P. | Member | Dec 2016 | B | ≈ 0% – 5% via Balbec Capital Management, Llc |
| Insolve Capital G.P. Parent, L.L.C. | General Partner | Dec 2016 | B | GP / trustee / elected manager of Insolve Capital Gp (Operations), Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Insolve Capital G.P. Parent (Operations), L.P.: 75% – 100% of Balbec Capital Management, Llc × 0% – 5% direct ≈ 0% – 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 (11, $5.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Insolve Global Credit Fund V, Lp | Private Equity Fund | $2.7B | $0 | 638 |
| Insolve Global Credit Fund Iv, Lp | Private Equity Fund | $1.2B | $0 | 447 |
| Insolve Global Credit Fund Vi, Lp | Private Equity Fund | $448M | $0 | 253 |
| Palace Mortgage Fund Ii, L.P. | Private Equity Fund | $372M | $0 | 9 |
| Insolve Global Credit Fund Iii, Lp | Private Equity Fund | $343M | $0 | 337 |
| Balbec Sc Evergreen Fund, L.P. | Private Equity Fund | $310M | $0 | 3 |
| Bkpl Mortgage Holding Spv, Lp | Private Equity Fund | $155M | $0 | 10 |
| Palace Mortgage Fund, L.P. | Private Equity Fund | $136M | $0 | 13 |
| Fallingwater Fund, Lp | Private Equity Fund | $53.3M | $0 | 4 |
| Bmcf Fund Ii, L.P. | Private Equity Fund | $41.6M | $0 | 3 |
| Insolve Global Credit Fund Sc, Llc | Private Equity Fund | $9.2M | $0 | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/27/2026 | 4.84 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • ASSET MANAGEMENT FEES
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 27, 2026.
View current Form ADV (SEC/IAPD) ↗