AdFi
BC

BALBEC CAPITAL MANAGEMENT LP

SEC Registered

Delivering attractive risk-adjusted returns to investors by identifying unique investment opportunities in alternative credit

SCOTTSDALE, AZhttps://balbec.com602-802-8300
Assets Under Management
$5B–$25B
Year Founded
2010
Employees
150
Office Locations
5 offices
Total Accounts
23

About the firm

Balbec Capital is an SEC-registered alternative investment manager with offices in the United States and Europe. Since its founding in 2010, Balbec has deployed over $29 billion globally through its funds and investment vehicles, seeking to deliver consistent, risk-adjusted returns to investors and long-term partners across asset-based credit strategies.

Firm Focus

Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.

Pooled VehiclesPension/Profit Sharing

Areas of expertise

Alternative CreditAsset-based CreditResidential Mortgage LoansCommercial Mortgage LoansMortgage Servicing RightsRMBSConsumer CreditAlternative Investment ManagementProprietary TechnologyTransaction Management

Services

Direct investing in residential and commercial mortgage loans at all stages of performance, mortgage servicing rights, and select consumer and alternative credit assets; issuance of U.S. residential mortgage-backed securities (RMBS); investment in agency mortgage servicing rights via affiliate Bungalow Funding; globally diversified capital deployment across asset-based credit strategies.

Private funds / alternatives
Real Estate

Who they serve

Investors and long-term partners

Client segmentClientsAssets managed
Pension/Profit Sharing Plans22$7.4B

0 total clients reported on Form ADV.

Leadership

Balbec Capital Management Llc
GENERAL PARTNER
Warren Jeffrey Spector
CHAIRMAN / LIMITED PARTNER
Charles Joseph Rusbasan
CHIEF EXECUTIVE OFFICER / LIMITED PARTNER
Jeff Carter Padden
CHIEF LEGAL OFFICER / LIMITED PARTNER
Philip John Daniels
CHIEF INVESTMENT OFFICER / LIMITED PARTNER
Scott Leigh Gilbert
CHIEF FINANCIAL OFFICER / LIMITED PARTNER
Barry Rockwell Sanders
CHIEF COMPLIANCE OFFICER

Office locations

5 offices in 3 states
AZ
SCOTTSDALEHQ
NY
NEW YORK
GA
ALPHARETTA
LONDON
BUDAPEST

Regulatory & compliance

CRD number
#284363
SEC Number
801-108741
Disciplinary History
No
Fee Model & Minimums
Model: AUM / Performance-based / Other

Data as of April 27, 2026 · Source: SEC IAPD & FINRA BrokerCheck

Contact Information

Editorial disclosure

This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. BALBEC CAPITAL MANAGEMENT LP has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.

BrokerCheck data is used subject to the FINRA BrokerCheck Terms of Use. Found something inaccurate? Report inaccurate data and we will correct any error we introduced. Errors in the underlying BrokerCheck record itself are referred to FINRA, which maintains that record.

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