# Towerbrook Capital Partners

> Towerbrook Capital Partners is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 9, 2026.

- CRD: 155730
- Filed as: TOWERBROOK CAPITAL PARTNERS
- Legal name: Towerbrook Capital Partners L.P.
- Also doing business as: ATHO CAPITAL MANAGEMENT, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS (FRANCE) LTD. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS (SPAIN) S.L. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS (U.K.) LLP (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS PROJECT LEDGER SPECIAL, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL IV, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL R1 CF, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL TMX, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL V, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL VI, L.P. (RELYING ADVISER), TOWERBROOK CAPITAL PARTNERS SPECIAL VII, L.P. (RELYING ADVISER), TOWERBROOK DELTA SPECIAL II, L.P. (RELYING ADVISER), TOWERBROOK DELTA SPECIAL, L.P. (RELYING ADVISER), TOWERBROOK TSO SPECIAL II, L.P. (RELYING ADVISER), TOWERBROOK TSO SPECIAL III, L.P. (RELYING ADVISER), TOWERBROOK TSO SPECIAL, L.P. (RELYING ADVISER)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: June 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/155730
- AdvisorCensus page: https://advisorcensus.com/firm/towerbrook-capital-partners-new-york-ny-155730

## Quick answers

**How is Towerbrook Capital Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Towerbrook Capital Partners reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Towerbrook Capital Partners located?**
Towerbrook Capital Partners' principal office is in New York, NY, according to its Form ADV; the July 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Towerbrook Capital Partners registered with the SEC or a state?**
Towerbrook Capital Partners is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 155730.

**How much does Towerbrook Capital Partners manage?**
Towerbrook Capital Partners reports $27,667,691,589 in regulatory assets under management in its Form ADV filing dated June 9, 2026 (100% discretionary).

**How have Towerbrook Capital Partners' assets and staff changed since 2021?**
In the Form ADV data for Towerbrook Capital Partners: Regulatory assets under management: $15,276,681,058 in the October 2021 data and $27,667,691,589 in the October 2026 data, up 81%. Total employees: 91 in October 2021 and 132 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Towerbrook Capital Partners serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (62).

**Does Towerbrook Capital Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/155730

**What changed in Towerbrook Capital Partners' recent Form ADV filings?**
In the July 2026 filing data: Added the business name Towerbrook Delta Special II, L.P. (relying Adviser).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $27,667,691,589
- Discretionary: $27,667,691,589
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 62 | $27,667,691,589 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 132 total, 95 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Greenwich, CT
- London
- Madrid
- Milan
- Paris

### Websites listed on Form ADV (Item 1.I)
- towerbrook.com
- LinkedIn @TOWERBROOK-CAPITAL-PARTNERS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $15,276,681,058 | 91 | March 31, 2021 |
| October 2022 | $16,581,793,682 | 102 | March 31, 2022 |
| October 2023 | $17,325,557,162 | 122 | March 31, 2023 |
| October 2024 | $18,730,955,389 | 119 | September 2, 2024 |
| October 2025 | $22,452,218,216 | 121 | March 31, 2025 |
| October 2026 | $27,667,691,589 | 132 | June 9, 2026 |

Regulatory assets under management: $15,276,681,058 in the October 2021 data and $27,667,691,589 in the October 2026 data, up 81%.
Total employees: 91 in October 2021 and 132 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Added the business name Towerbrook Delta Special II, L.P. (relying Adviser).

### April 2026
- No longer lists the business name Towerbrook Capital Partners (europe) Ltd. (relying Adviser).
- Added the business name Towerbrook Capital Partners Project Ledger Special, L.P. (relying Adviser).
- Added the business name Towerbrook Capital Partners (france) Ltd. (relying Adviser).
- Employees performing advisory functions went from 92 to 95.
- Regulatory assets under management went from $22,452,218,216 to $27,667,691,589 (+23%).
- Changed its office addresses in Milan.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Towerbrook Capital Partners (CRD 155730): Form ADV filing data as of October 2026.