Mkp Capital Management, L.L.C.
- Regulatory AUM
- $12.9B
- Discretionary
- $12.9B
- Clients
- 8
- Avg AUM / client
- $1.6B
- Accounts
- 8
- Employees
- 46
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 7 | $5.4B | 42.1% |
| Sovereign wealth funds and foreign official institutions | 1 | $7.4B | 57.9% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Jun 2024 · $5.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Mkp Everwood Fund, Ltd. | Hedge Fund | Cayman Islands | $4.1B | 1 |
| Mkp Alpha Port, Ltd. | Hedge Fund | Cayman Islands | $868M | 1 |
| Mkp Enhanced Opportunity Master Fund, Ltd. master | Hedge Fund | Cayman Islands | $689M | 34 |
| Mkp Opportunity Master Fund, Ltd. master | Hedge Fund | Cayman Islands | $115M | 12 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mcmahon, Patrick | Chief Investment Officer | Sep 1995 (31y) | ≈ 37.5% – 75% via Mkp Capital Management, L.P. | |
| Lightburn, Richard, Charles | Chief Executive Officer | Apr 2016 (10y) | Less than 5% | |
| Backofen, Derek, Ross | Chief Compliance Officer And Head Of Operations | Jan 2022 (5y) | Less than 5% | |
| Nangle, David, Charles | General Counsel | May 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Mkp Capital Management, L.P. | Shareholder Of Mkp Capital Management, L.L.C. | Jan 2015 | A | 75% or more |
| Mkp Capital Management Gp, L.L.C. | General Partner Of Mkp Capital Management, L.P. | Jan 2015 | B | GP / trustee / elected manager of Mkp Capital Management, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Mcmahon, Patrick: 50% – 75% of Mkp Capital Management, L.P. × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $5.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Mkp Everwood Fund, Ltd. | Hedge Fund | $4.1B | $10.0M | 1 |
| Mkp Alpha Port, Ltd. | Hedge Fund | $868M | $10.0M | 1 |
| Mkp Enhanced Opportunity Master Fund, Ltd. | Hedge Fund | $689M | $10.0M | 34 |
| Mkp Opportunity Master Fund, Ltd. | Hedge Fund | $115M | $5.0M | 12 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.99 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Lgt Bank Ltd. $2.6B (3% of AUM) Feb 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗