HedgeMountain

Brigade Capital Management, LP

New York, NY · CRD 144078
Hedge fund manager

Brigade Capital Management, LP is an SEC-registered investment adviser based in New York, NY that reports managing 27 hedge funds on Form ADV. It reports $33.0 billion in regulatory assets under management. Its private funds, of all types, hold $25.7 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +47.4% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +66.9% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.

Regulatory assets under management
$33.0 billionForm ADV Item 5.F
Gross assets of private funds
$25.7 billionAll private fund types, Form ADV
Hedge funds managed
2764 private funds in total
Employees
108Form ADV Item 5.A
Registration
SEC-registered adviserCRD 144078
Latest Form ADV
07/22/2026Disciplinary disclosures: none reported

Estimated 13F portfolio performance

Est. 2026 YTD+47.4%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+66.9%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$86.1 million9 positions, 2026-06-30
$82$125$167Q3 2024Q1 2025Q3 2025Q1 202613F est. $167S&P 500 $137
QuarterEst. 13F returnS&P 500
Q2 2026+20.7%+14.8%
Q1 2026+22.0%-4.6%
Q4 2025+18.2%+2.4%
Q3 2025+16.6%+7.8%
Q2 2025-17.0%+10.4%
Q1 2025-11.6%-4.5%
Q4 2024-4.1%+2.1%
Q3 2024+16.8%+5.4%

Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures

Largest disclosed holdings

  • Lantheus Hldgs Inc$36.5 million
  • Expand Energy Corporation$9.6 million
  • Vistra Energy Corp Com$8.1 million
  • Finance Of America Compan$7.7 million
  • 550249106$7.5 million
  • United Airls Hldgs Inc$7.3 million
  • Embecta Corp$4.9 million
  • Lumen Technologies Inc$4.2 million
  • Century Casinos Inc$150,463

As of 2026-06-30, from 13F filing by Brigade Capital Management, LP.

Hedge funds filing Form D (14)

Fund
First sale
Raised
Investors
Minimum
YTD performance
Brigade Leveraged Capital Structures Fund LP
New York, NY
First saleJan 2007
Raised$3.1B
Investors423
Minimum$5.0M
YTD performanceNot reported
Brigade Credit Offshore Fund II Ltd.
Grand Cayman, Cayman IslandsOffshore
First saleMar 2009
Raised$1.5B
Investors67
Minimum$5.0M
YTD performanceNot reported
Brigade Leveraged Capital Structures Offshore Ltd
Grand Cayman, Cayman IslandsOffshore
First saleJan 2007
Raised$1.2B
Investors103
Minimum$5.0M
YTD performanceNot reported
Brigade High Yield Fund LP
New York, NY
First saleJul 2020
Raised$1.2B
Investors20
MinimumNone set
YTD performanceNot reported
Brigade Structured Credit Offshore Fund LTD.
Grand Cayman, Cayman IslandsOffshore
First saleOct 2014
Raised$901M
Investors24
Minimum$100K
YTD performanceNot reported
Brigade Credit Fund II LP
New York, NY
First saleAug 2010
Raised$674M
Investors82
Minimum$5.0M
YTD performanceNot reported
Brigade Loan Offshore Fund Ltd.
Grand Cayman, Cayman IslandsOffshore
First saleMay 2022
Raised$419M
Investors15
Minimum$100K
YTD performanceNot reported
Brigade Credit Relative Value Offshore Fund LTD.
Grand Cayman, Cayman IslandsOffshore
First saleOct 2021
Raised$260M
Investors11
Minimum$5.0M
YTD performanceNot reported
Brigade Senior Tranche Fund (TX) LP
New York, NY
First saleMar 2020
Raised$250M
Investors1
MinimumNone set
YTD performanceNot reported
SC Credit Opportunities Mandate, LLC
New York, NY
First saleNov 2013
Raised$146M
Investors19
MinimumNone set
YTD performanceNot reported
Brigade Structured Credit Fund LP
New York, NY
First saleAug 2014
Raised$125M
Investors48
MinimumNone set
YTD performanceNot reported
Brigade Cavalry Fund LP
New York, NY
First saleJan 2018
Raised$32.7M
Investors41
Minimum$5.0M
YTD performanceNot reported
Brigade Credit Relative Value Fund LP
New York, NYEmerging
First saleOct 2021
Raised$2.6M
Investors11
Minimum$5.0M
YTD performanceNot reported
Brigade High Yield Offshore Fund Ltd.
Grand Cayman, Cayman IslandsOffshore
First sale—
Raised$0
Investors0
Minimum$100K
YTD performanceNot reported

Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.

From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures