TILDEN PARK CAPITAL MANAGEMENT LP

Thesis

Tilden Park Capital Management LP is a privately held, multi-strategy alternative asset manager founded in 2008, headquartered in New York City. The firm primarily focuses on fixed-income strategies, structured products, and mortgages, with a core philosophy of generating attractive risk-adjusted returns while emphasizing capital preservation. They identify asymmetric risk/return profiles and employ a multi-disciplinary approach using a broad array of securities and financial instruments. Their strategies include distressed debt, long/short equity, relative value, and macro themes, with a particular focus on exploiting relative mispricings. While having a global mandate, their concentration is in structured products, mortgages, fixed income relative value, and related corporate credit and equity strategies. Their trading philosophy combines a systematic approach with fundamental models and tactical tools, alongside top-down investment views. As of December 31, 2025, their AUM was reported at over $6.8 billion, with other reports indicating approximately $16.06 billion in total AUM. The firm manages pooled investment vehicles such as the Tilden Park Investment Funds.