CORBIN CAPITAL PARTNERS, L.P.

Thesis

Corbin Capital Partners, L.P. is an independent alternative asset management firm founded in 1984, specializing in multi-strategy hedge fund and opportunistic credit investing. Operating as a fund-of-funds manager, they invest in private debt and hedge fund strategies globally, with a particular emphasis on the United States for private debt. Their strategy involves a multi-manager approach, allocating capital among third-party managers, establishing managed accounts, and engaging in co-investments. Corbin also makes independent investments. The firm's focus includes direct lending, distressed debt, and special situations. Recently, they expanded into litigation finance with their CLF I, L.P. fund, which closed at $342 million and focuses on commercial litigation funding using a credit-like approach. As of April 30, 2025, their AUM was $10.5 billion.