Axar Capital Management Lp
- Regulatory AUM
- $3.6B
- Discretionary
- $3.6B
- Clients
- 25
- Avg AUM / client
- $144M
- Accounts
- 25
- Employees
- 13
AUM over time
Annual snapshots from Form ADV filings · as of Jun 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 22 | $2.1B | 57.5% |
| Insurance companies | 1 | $1.2B | 32.4% |
| Other | 2 | $364M | 10.1% |
Private funds (17)
View all →Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $1.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Us Cemetery Holdings Llc | Private Equity Fund | Delaware | $261M | 2 |
| Axar Master Fund Ltd. master | Hedge Fund | Cayman Islands | $222M | 32 |
| Axar Special Opportunity Fund V Llc | Private Equity Fund | Delaware | $211M | 26 |
| Axar Capital Continuation Fund I Lp | Private Equity Fund | Delaware | $153M | 7 |
| Beid Music Group Lp | Private Equity Fund | Delaware | $153M | 4 |
| Axar Capital Continuation Fund Ii Lp | Private Equity Fund | Delaware | $138M | 8 |
| Spartan Insurance Holdings, Llc | Private Equity Fund | Delaware | $85.5M | 4 |
| Axar Special Opportunity Fund Iv Llc | Private Equity Fund | Delaware | $79.7M | 2 |
| Axar Special Opportunity Fund Vi Llc | Private Equity Fund | Delaware | $66.8M | 17 |
| Axar Special Opportunity Fund V B Llc | Private Equity Fund | Delaware | $65.0M | 8 |
| Axar Special Opportunity Fund Vii Llc | Private Equity Fund | Delaware | $32.6M | 10 |
| Axar Capital Continuation Fund I A Lp | Private Equity Fund | Delaware | $17.2M | 4 |
| Axar Special Opportunity Fund Viii Llc | Private Equity Fund | Delaware | $15.0M | 2 |
| 3 Sm Mezz Llc | Private Equity Fund | Delaware | $11.9M | 3 |
| Axar Qr Opportunistic Credit Fund Lp | Hedge Fund | Delaware | $6.6M | 2 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Axelrod, Andrew, Martin | Managing Partner / Portfolio Manager | Apr 2015 (11y) | ≈ 0% – 5% via Axar Gp Llc | |
| Mosquera, Ricardo, Antonio | Chief Compliance Officer / Chief Operating Officer | Apr 2015 (11y) | Less than 5% | |
| Parrott, Timothy, Christopher | President | Apr 2015 (11y) | 10% – 25% | |
| Benichou, Lionel | Chief Financial Officer | Jan 2017 (10y) | Less than 5% | |
| Mitchell, Grant, M | Head Of Research | Feb 2023 (4y) | 10% – 25% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Axar Gp Llc | General Partner | Apr 2015 | A | Less than 5% |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Axelrod, Andrew, Martin: 75% – 100% of Axar Gp Llc × 0% – 5% direct ≈ 0% – 5% 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 (17, $1.5B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Us Cemetery Holdings Llc | Private Equity Fund | $261M | $1.0M | 2 |
| Axar Master Fund Ltd. | Hedge Fund | $222M | $5.0M | 32 |
| Axar Special Opportunity Fund V Llc | Private Equity Fund | $211M | $1.0M | 26 |
| Axar Capital Continuation Fund I Lp | Private Equity Fund | $153M | $1.0M | 7 |
| Beid Music Group Lp | Private Equity Fund | $153M | $0 | 4 |
| Axar Capital Continuation Fund Ii Lp | Private Equity Fund | $138M | $1.0M | 8 |
| Spartan Insurance Holdings, Llc | Private Equity Fund | $85.5M | $1.0M | 4 |
| Axar Special Opportunity Fund Iv Llc | Private Equity Fund | $79.7M | $1.0M | 2 |
| Axar Special Opportunity Fund Vi Llc | Private Equity Fund | $66.8M | $1.0M | 17 |
| Axar Special Opportunity Fund V B Llc | Private Equity Fund | $65.0M | $1.0M | 8 |
| Axar Special Opportunity Fund Vii Llc | Private Equity Fund | $32.6M | $1.0M | 10 |
| Axar Capital Continuation Fund I A Lp | Private Equity Fund | $17.2M | $1.0M | 4 |
| Axar Special Opportunity Fund Viii Llc | Private Equity Fund | $15.0M | $1.0M | 2 |
| 3 Sm Mezz Llc | Private Equity Fund | $11.9M | $1.0M | 3 |
| Axar Qr Opportunistic Credit Fund Lp | Hedge Fund | $6.6M | $1.0M | 2 |
| Axar Real Estate Partners I Lp | Private Equity Fund | $5.8M | $1.0M | 12 |
| Axar Credit Opportunity Fund 2023, Llc | Hedge Fund | $4.6M | $1.0M | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/01/2026 | 5.24 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
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Regions Bank, Funeral & Cemetery Trust Division $860M (42% of AUM) Mar 2022
- BNY Mellon $556M (15% of AUM) Jun 2026
- Fifth Third Bank $359M (10% of AUM) Jun 2026
- Federal Home Loan Bank Of Des Moines $238M (7% of AUM) Jun 2026
- Morgan Stanley $45.0M (4% of AUM) Dec 2022
- Goldman Sachs $34.7M (3% of AUM) Dec 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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: Jun 01, 2026.
View current Form ADV (SEC/IAPD) ↗