Mpam Credit Trading Partners L.P. (Cleveland)


Mpam Credit Trading Partners L.P. is a large advisory firm based in Cleveland. It manages $505.66 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Ohio.

Mpam Credit Trading Partners provides portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and single investor fund. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mpam Credit Trading Partners: assets under management

The assets under management (AUM) of Mpam Credit Trading Partners L.P. is $505.66 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $471.31 million in discretionary accounts and $34.35 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $78.55 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $34.35 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mpam Credit Trading Partners L.P. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Mark Richard Patterson Limited partner 1 Apr 2010 25% - 50% 1155279
David Hackett Cody Limited partner 1 Apr 2010 25% - 50% 2498579
David Jeffrey Matlin Limited partner 1 Apr 2010 50% - 75% 1849103
Ag Allied World Assurance Co Holdings Limited partner 1 Dec 2012 25% - 50% 98-0681223
Mpam Holdings L.P. Limited partner 1 Dec 2012 50% - 75% 46-2393994

Based in Cleveland

The principal office where Mpam Credit Trading Partners L.P. performs its advisory services is located at 600 Superior Avenue East, Cleveland, OH 44114, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-767-4800 or by fax 216-767-4801. The normal business hours are 8:00am-6:00pm on Monday - Friday. You can find more information about the New York firm at matlinpatterson.com.