Centerbridge Partners

HQ: New York, NY
AUM: $79.9B
STRATEGY: Hedge
SEC SINCE: 2012

FUNDS

MEDIAN NET IRR

14.4%

MEDIAN TVPI

1.41x

LP SOURCES

FUNDS

FUND	VINTAGE	COMMITMENT	NET IRR	TVPI	DPI	DIVERGENCE	SOURCES
Centerbridge Capital Prtnrs IV	2021	$100M	16.0%	1.37x	0.26x	watch	CalSTRS
Centerbridge Capital Partners IV	2020	$250M	15.9%	1.41x	0.26x	watch	2 sourcesOregon OPERF Florida SBA
Centerbridge Capital IV, L.P. Centerbridge	2020	$150M	17.4%	1.36x	0.24x	watch	LACERA
Centerbridge Capital Partners V	2023	$250M	9.3%	1.09x	0.00x	—	2 sourcesOregon OPERF WSIB
Centerbridge Capital Partners V, L.P. Centerbridge	2023	$250M	—	—	—	—	LACERA
Centerbridge Special Credit III - Flex	2020	$87.5M	14.4%	1.44x	0.88x	—	CalSTRS
Centerbridge Special Credit Partners III - Flex	2020	$350M	14.4%	1.46x	0.98x	—	Oregon OPERF
Centerbridge Special Credit Partners III, L.P.	2016	$150M	9.8%	1.34x	1.28x	—	3 sourcesCalSTRS Oregon OPERF Wisconsin SWIB
Centerbridge Capital Partners III, L.P.	2015	$150M	13.0%	1.55x	1.14x	—	8 sourcesCalPERS CalSTRS Oregon OPERF PA SERS Florida SBA Wisconsin SWIB MainePERS UTIMCO
Centerbridge Capital Partners III, L.P. Centerbridge	2014	$75M	15.1%	1.58x	1.09x	—	LACERA
Centerbridge Special Credit Partners II, L.P.	2012	$250M	1.3%	1.06x	1.05x	—	2 sourcesCalSTRS Wisconsin SWIB
Centerbridge Capital Partners II	2010	$100M	-7.2%	0.81x	0.81x	—	5 sourcesOregon OPERF NJ DOI Wisconsin SWIB UTIMCO CalSTRS
Centerbridge Capital Partners II, LP Centerbridge	2010	$50M	-7.3%	0.76x	0.75x	—	LACERA
Centerbridge Special Credit Partners, LP	2009	$250M	13.8%	1.94x	1.94x	—	CalSTRS
Centerbridge Capital Partners, L.P.	2006	$200M	19.2%	1.78x	1.78x	—	3 sourcesCalSTRS Oregon OPERF NJ DOI
Centerbridge Capital Partners I	2006	$50M	19.2%	2.10x	2.07x	—	PA SERS

›2 FUNDS WITH LIMITED DATA

These funds appear in LP disclosures (typically commitment-only records) but lack reported performance metrics. Click any fund to see its underlying reports.

FUND	VINTAGE	COMMITMENT	NET IRR	TVPI	DPI	DIVERGENCE	SOURCES
CENTERBRIDGE SEAPORT ACQUISITION FUND LP	—	—	—	—	—	—	Wisconsin SWIB
CENTERBRIDGE SPECIAL CREDIT PARTNERS III-FLEX LP	—	—	—	—	—	—	Wisconsin SWIB

DATA PROVENANCE

Every figure on this page comes from a public LP disclosure. The following pension systems reported on Centerbridge Partners.

LP SOURCE	LATEST REPORT	REPORTS	DISCLOSURE
CalPERS	Sep 2025	1	VIEW SOURCE ↗
MainePERS	Sep 2025	1	VIEW SOURCE ↗
Oregon OPERF	Sep 2025	7	VIEW SOURCE ↗
WSIB	Sep 2025	1	VIEW SOURCE ↗
UTIMCO	Aug 2025	2	VIEW SOURCE ↗
CalSTRS	Jun 2025	8	VIEW SOURCE ↗
NJ DOI	Apr 2025	2	VIEW SOURCE ↗
LACERA	Mar 2025	4	VIEW SOURCE ↗
Wisconsin SWIB	Dec 2024	6	VIEW SOURCE ↗
PA SERS	Sep 2024	2	VIEW SOURCE ↗
Florida SBA	Jun 2024	42	VIEW SOURCE ↗