{"url":"https://nivawealth.com/firms/anchorage-capital-advisors-328998","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/328998","regulatoryAum":27826508017,"crd":"328998","secFileNumber":"801-129231","legalName":"Anchorage Capital Advisors, L.P.","displayName":"Anchorage Capital Advisors","website":"http://www.anchoragecapital.com","linkedinUrl":"https://www.linkedin.com/company/anchoragecapital","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"610 Broadway, 6th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10012"},"tradeNames":[],"registration":{"secApproved":"2 January 2024","noticeFilings":2,"latestNoticeFiling":"29 March 2024","inventory":{"sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_FIRM_SEC_Feed_10_15_2026.xml.gz","sourceAsOf":"2026-10-15","retrievedAt":"2026-10-16T03:16:53.781384+00:00","noticeFilings":[{"status":"Notice Filed","jurisdiction":"Delaware","effectiveDate":"2024-03-29"},{"status":"Notice Filed","jurisdiction":"New York","effectiveDate":"2024-01-02"}],"registrationStatus":[{"status":"Approved","jurisdiction":"SEC","effectiveDate":"2024-01-02"}]}},"staff":{"employees":88,"advisory":42,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":27826508017,"discretionaryAccounts":116,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":72,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":114,"regulatoryAum":27025656551},{"label":"State or municipal government entities","clients":2,"fewerThan5":true,"regulatoryAum":800851466}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs &","location":"New York, NY","smaAssets":252338906},{"name":"The Bank of New York Mellon Trust Corporation","shortName":"The Bank of New York Mellon Trust","location":"New York, NY","smaAssets":559424155}],"custodyNote":"Anchorage Capital Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Andrew Akerman","title":"Chief Financial Officer","crd":"7501708"},{"name":"Robert Dunleavy","title":"Chief Operating Officer","crd":"4635143"},{"name":"Joel Koerner","title":"Chief Compliance Officer","crd":"5462305"},{"name":"Yale Baron","title":"Co-Chief Investment Officer","crd":"2928137"},{"name":"Thibault Gournay","title":"Co-Chief Investment Officer","crd":"4354236"},{"name":"Bradley Leiber","title":"Co-General Counsel","crd":"7895919"}],"ownership":[{"label":"Anchorage Advisors Holdings Management, L.P.","detail":"Limited partner in the 50% to 75% ownership band and a control person, since January 2022."},{"label":"Anchorage Capital Group, L.L.C.","detail":"Limted partner in the 25% to 50% ownership band and a control person, since January 2022."},{"label":"Yale Baron","detail":"Indirect owner: a limited partner of Anchorage Advisors Holdings Management, L.P. in the 25% to 50% band and a control person, since June 2022. Also a managing member of Anchorage Advisor Holdings GP, L.L.C. in the 25% to 50% band and a control person, since June 2022.","parent":"Anchorage Advisors Holdings Management, L.P."},{"label":"Thibault Gournay","detail":"Indirect owner: a limited partner of Anchorage Advisors Holdings Management, L.P. in the 25% to 50% band and a control person, since June 2022. Also a managing member of Anchorage Advisor Holdings GP, L.L.C. in the 25% to 50% band and a control person, since June 2022.","parent":"Anchorage Advisors Holdings Management, L.P."},{"label":"Anchorage Advisors Management, L.L.C.","detail":"Indirect owner: a managing member of Anchorage Capital Group, L.L.C. in the 75% or more band and a control person, since July 2003.","parent":"Anchorage Capital Group, L.L.C."},{"label":"Kevin Ulrich","detail":"Indirect owner: a managing member of Anchorage Advisors Management, L.L.C. in the 75% or more band and a control person, since July 2003.","parent":"Anchorage Advisors Management, L.L.C."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"610 Broadway, 6th Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-432-4600","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Investment grade corporate bonds","percent":1},{"label":"Non-investment grade corporate bonds","percent":26},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":24},{"label":"Cash and cash equivalents","percent":8},{"label":"Other","percent":41,"detail":"Bank Loans and Uncalled Capital Commitments"}],"privateFunds":84},"sources":{"adv1FilingDate":"27 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/328998/PDF/328998.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Anchorage Capital Advisors have?","answer":"Anchorage Capital Advisors has at least 116 clients and manages $27.8 billion for them, as of August 2026. They include 114 pooled investment vehicles and 2 state or municipal government entities.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Anchorage Capital Advisors offer?","answer":"Anchorage Capital Advisors provides portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Anchorage Capital Advisors use?","answer":"Anchorage Capital Advisors’ separately managed account assets are held at The Bank of New York Mellon Trust Corporation (New York, NY), with $559,424,155 and Goldman Sachs & Co. LLC (New York, NY), with $252,338,906. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Anchorage Capital Advisors have?","answer":"Anchorage Capital Advisors has 0 investment adviser representatives registered with state securities authorities, out of 88 employees, and 42 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Anchorage Capital Advisors invest in?","answer":"At the end of its last fiscal year, Anchorage Capital Advisors’ separately managed accounts held 41% bank loans and uncalled capital commitments, 26% high-yield corporate bonds, 24% pooled vehicles (private funds and similar), 8% cash and equivalents and 1% investment grade corporate bonds. It advises 84 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Anchorage Capital Advisors?","answer":"Anchorage Capital Advisors is owned through a chain of holding companies by Yale Baron, Thibault Gournay and Kevin Ulrich. Its direct owners are Anchorage Advisors Holdings Management, L.P. (50% to 75%) and Anchorage Capital Group, L.L.C. (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Anchorage Capital Advisors get paid?","answer":"Anchorage Capital Advisors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/anchorage-capital-advisors-328998/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2007642/000090514826003755/0000905148-26-003755-index.html","totalValue":165343283,"positionCount":5,"top10Share":1,"top10":[{"issuer":"XPLR INFRASTRUCTURE LP","titleOfClass":"COM UNIT PART IN","cusip":"65341B106","value":91570642,"shares":7753653,"shareType":"SH","priorValue":82343795,"priorShares":7753653},{"issuer":"EQUIPMENTSHARE COM INC","titleOfClass":"COM CL A","cusip":"29445S100","value":61234117,"shares":3114655,"shareType":"SH","priorValue":69556522,"priorShares":3414655},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"DEB 3.750% 2/1","cusip":"530715AL5","value":5293538,"shares":95578000,"shareType":"PRN","priorValue":3933490,"priorShares":95578000},{"issuer":"XPLR INFRASTRUCTURE LP","titleOfClass":"COM UNIT PART IN","cusip":"65341B106","value":4596452,"shares":389200,"shareType":"SH","putCall":"Call"},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"DEB 4.000%11/1","cusip":"530715AG6","value":2648534,"shares":54668000,"shareType":"PRN","priorValue":3112700,"priorShares":54668000}],"positionsListed":5,"positions":[{"issuer":"XPLR INFRASTRUCTURE LP","titleOfClass":"COM UNIT PART IN","cusip":"65341B106","value":91570642,"shares":7753653,"shareType":"SH","priorValue":82343795,"priorShares":7753653},{"issuer":"EQUIPMENTSHARE COM INC","titleOfClass":"COM CL A","cusip":"29445S100","value":61234117,"shares":3114655,"shareType":"SH","priorValue":69556522,"priorShares":3414655},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"DEB 3.750% 2/1","cusip":"530715AL5","value":5293538,"shares":95578000,"shareType":"PRN","priorValue":3933490,"priorShares":95578000},{"issuer":"XPLR INFRASTRUCTURE LP","titleOfClass":"COM UNIT PART IN","cusip":"65341B106","value":4596452,"shares":389200,"shareType":"SH","putCall":"Call"},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"DEB 4.000%11/1","cusip":"530715AG6","value":2648534,"shares":54668000,"shareType":"PRN","priorValue":3112700,"priorShares":54668000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}