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Napier Park Global Capital (us)

SEC-registered adviser since 2013New York, NYCRD 166333

$14.6B
AUM
59
Clients
See fees
Fee
43
Advisory staff

From Form ADV filed 13 May 2026 · data retrieved 15 October 2026SEC record

Napier Park Global Capital (us) is an investment adviser headquartered in New York, New York, and registered with the SEC since 2013. Its clients include pooled investment vehicles, state or municipal government entities, and pension and profit-sharing plans.

Its services include portfolio management for pooled vehicles and portfolio management for institutions. Fee arrangements include a percentage of assets under management and performance-based fees. Napier Park Global Capital LLC owns 75% or more of Napier Park Global Capital (us), and Jonathan Dorfman is its CEO.

Clients

Napier Park Global Capital (us) serves 59 clients, 54 of them pooled investment vehicles. The average client has about $247 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles54 clients84%
  • Pension and profit-sharing plans4%
  • State or municipal government entities5 clients12%
Show client breakdown
Pooled investment vehicles
Clients
54
Regulatory AUM
$12,294,108,059
Share
84.4%
Avg. per client
$227.7M
Pension and profit-sharing plans
Clients
Not reported
Regulatory AUM
$572,624,017
Share
3.9%
Avg. per client
—
State or municipal government entities
Clients
5
Regulatory AUM
$1,701,160,599
Share
11.7%
Avg. per client
$340.2M

Total

Clients
59
Regulatory AUM
$14,567,892,675
Share
100%
Avg. per client
$246.9M

What it does

Napier Park Global Capital (us) provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.

Napier Park Global Capital (us) provided financial planning to 0 clients last fiscal year and advises 36 private funds.

100.0% of assets ($14.57B across 63 accounts) are managed with discretion. 50% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks6%
  • Funds18%
  • Bonds4%
    • High-yield corporate bonds3%
    • State and local bonds1%
  • Cash22%
  • Other48%
    • Derivatives37%
    • Assets included in other are holdings in asset back securities, credit facilities of commercial mortgage backed securities or de minis amounts of non-exchange traded equity securities, asset financings and corporate bonds which are less than 1%. please note asset types with negative values have not been reported given we report raums as total assets on the balance sheet per faq on 7(b)(1) and 5f.11%

Filed values cover 98%. The neutral 2% gap has no reported category.

Custodians

Napier Park Global Capital (us)’s client accounts are held mainly at J.P. Morgan, with 38% of managed assets. Napier Park Global Capital (us) does not have custody of client assets.

Managed account assets by custodian
  • J.P. MorganJ.P. Morgan Securities LLC · New York, NY · $5.59B38%
  • All other custodians$8.98B62%

Ownership and leadership

Napier Park Global Capital LLC owns 75% or more of Napier Park Global Capital (us), and Jonathan Dorfman is its CEO.

Who owns the firm
Napier Park Global Capital (us) LP· the adviser

  • Napier Park Global Capital LLC

    Control person · since September 2012

    Owns 75% or more of Napier Park Global Capital (us) LP

Leadership

  • Jonathan Dorfman
    Co-Chief Executive Officer
  • James Obrien
    Co-Chief Executive Officer
  • Timothy Greatorex
    Co-President
  • Michael Williams
    Co-President and Chief Operating Officer
  • Spyro Stathonikos
    Chief Financial Officer
  • Sonia Plata
    Chief Compliance Officer
  • Jeffrey Traum
    General Counsel

Staff

  • 137 employees
  • 43 in advisory functions
  • 7 broker-dealer reps

Fees

Napier Park Global Capital (us) is paid through a percentage of assets under management and performance-based fees.

Napier Park Global Capital (us)’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Napier Park Global Capital (us) has 3 offices, with 4 listed addresses across 4 states.

Listed office addresses by state

New York · 1 listed address

  • 280 Park Avenue, 3rd Floor, New YorkHQ

Other business names

Napier Park Global Capital (us) has reported 21 other business names to the SEC.

  • Le Brevent Railcar GP LLC
  • NP Receiveables GP LLC
  • Napier Park Abs Income Fund GP Holdings LLC
  • Napier Park Abs Income Fund GP LP
  • Napier Park Centre Street GP LLC
  • Napier Park Concorde US Feeder GP LLC
  • Napier Park Deep Value Fund II GP LLC
  • Napier Park Deep Value Fund III GP LLC
  • Napier Park Enhanced Senior Clo Equity Fund GP LLC
  • Napier Park Global Capital Delaware LLC
  • Napier Park Global Capital Partners GP LLC
  • Napier Park Multi-Asset Fund I GP LLC
  • Napier Park Muni GP LLC
  • Napier Park Railcar Investments III GP LLC
  • Napier Park Select Fund GP Holdings LLC
  • Napier Park Select Fund GP LP
  • Napier Park Strategic Loan Fund GP Holdings LLC
  • Napier Park Strategic Loan Fund GP LP
  • Napier Park Value Fund I GP LLC
  • Old Lane India GP LLC
  • Regatta II Funding GP LTD.

Registration details

Legal name
Napier Park Global Capital (us) LP
Headquarters
280 Park Avenue, 3rd Floor, New York, NY 10017
Phone
212-235-0717
Website
www.napierparkglobal.com
SEC file
801-77543
Structure
Delaware limited partnership
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Napier Park Global Capital (us) have?

Napier Park Global Capital (us) has 59 clients and manages $14.6 billion for them, as of May 2026. They include 54 pooled investment vehicles and 5 state or municipal government entities.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026

What services does Napier Park Global Capital (us) offer?

Napier Park Global Capital (us) 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

Which custodians does Napier Park Global Capital (us) use?

Napier Park Global Capital (us)’s separately managed account assets are held at J.P. Morgan Securities LLC (New York, NY), with $5,585,053,076. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 May 2026

How many financial advisors does Napier Park Global Capital (us) have?

Napier Park Global Capital (us) has 0 investment adviser representatives registered with state securities authorities, out of 137 employees, and 43 perform investment advisory functions. 7 are registered representatives of a broker-dealer and 0 are licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Napier Park Global Capital (us) invest in?

At the end of its last fiscal year, Napier Park Global Capital (us)’s separately managed accounts held 37% derivatives, 22% cash and equivalents, 18% pooled vehicles (private funds and similar), 11% assets included in other are holdings in asset back securities, credit facilities of commercial mortgage backed securities or de minis amounts of non-exchange traded equity securities, asset financings and corporate bonds which are less than 1%. please note asset types with negative values have not been reported given we report raums as total assets on the balance sheet per faq on 7(b)(1) and 5f., 6% exchange-traded equities, 3% high-yield corporate bonds and 1% state and local bonds. It advises 36 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Napier Park Global Capital (us)?

Napier Park Global Capital (us)’s direct owner is Napier Park Global Capital LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026

How does Napier Park Global Capital (us) get paid?

Napier Park Global Capital (us) 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

Sources

  1. Form ADV Part 1A, amendment filed 13 May 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 166333.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Napier Park Global Capital (us) LP and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.