TowerBrook Capital Partners

TowerBrook Capital Partners L.P. advises and manages privately offered investment partnerships and affiliated co‑investment vehicles on a discretionary basis, including control‑oriented private equity funds (PE Partnerships), structured‑opportunity funds (TSO Partnerships) and purpose‑driven “Delta” impact funds. The brochure reports the firm managed more than $27.7 billion in regulatory assets under management as of December 31, 2025 and provides full investment management services to those pooled vehicles.

The firm describes an investment approach built on focused, proprietary sourcing and staged capital deployment, seeking downside protection through structuring while pursuing operational improvement at portfolio companies. For its Delta Partnerships TowerBrook describes a bespoke impact measurement and monitoring process that identifies specific impact performance indicators alongside financial due diligence.

The brochure discloses several features that distinguish TowerBrook from many peers: a multi‑office platform across the U.S. and Europe, an affiliated broker‑dealer (TowerBrook Financial, L.P.), and explicit discussion of derivatives and commodity futures and the related risks in its strategies. It also details extensive reliance on third‑party administrators and advisers (e.g., LeverPoint, SS&C, Avantia), the firm’s arrangements for co‑investments and fee offsets, and minority external equity interests in the firm (including investors such as Blue Owl and Wafra and a retired founder’s ongoing profit participation), each of which the brochure identifies as potential sources of conflicts to be managed.