AUMdb

Fco Advisors Lp

SEC-registered Investment Adviser · Mid-sized ($1B–$10B) CRD 290182 · SEC file 801-112293 · New York, NY · www.foundationcredit.com
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
$1.3B
Discretionary
$911M
Clients
8
Avg AUM / client
$167M
Accounts
8
Employees
11

AUM over time

$791M $3.2B
Dec 2017 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 25, 2026

Who they serve

Client typeClientsAUM% of AUM
Investment companies 1 $46.3M 3.46%
Pooled investment vehicles (non-investment companies) 3 $268M 20.0%
Other 4 $1.0B 76.5%

Private funds (5)

Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $114M combined gross assets

FundTypeDomicileGross assetsOwners
Fco Special Opportunities (A1) Lp master Hedge Fund Delaware $65.6M 2
Foundation Systematic Opportunities Lp master Hedge Fund Delaware $41.2M 9
Fco Next Holdings Llc Hedge Fund Delaware $7.6M 12
Fco Special Opportunities (A2) Lp master Hedge Fund Delaware $0 2
Foundation Credit Opportunities Master Fund Lp master Hedge Fund Cayman Islands $0 1

People (9)

NameRole / titleCredentialsWith firm sinceOwnership
Singer, Paul, Elliott President, Director, Shareholder Apr 1997 (29y) 75% or more of Braxton Associates, Inc. (indirect)
Negroni, Hector, Emilio Ceo, Cio And Limited Partner Nov 2012 (14y) ≈ 0% – 5% via Fco Management Llc
Pollock, Jonathan, D Member Feb 2018 (9y) 25% – 50% of Bluejacket Gp Llc (indirect)
Kaplan, Myron Trustee Dec 2018 (8y) GP / trustee / elected manager of Paul E. Singer Family Trust Iih (indirect)
Singer, Gordon, Matthew Trustee Dec 2018 (8y) GP / trustee / elected manager of Paul E. Singer Family Trust Iih (indirect)
Cicirelli, Mark, Bernard Member Nov 2020 (6y) 25% – 50% of Bluejacket Gp Llc (indirect)
Frayne, Patrick, Michael Member Nov 2020 (6y) 25% – 50% of Bluejacket Gp Llc (indirect)
Neufeld, Todd, Alan Chief Financial Officer And Chief Operating Officer Aug 2021 (5y) Less than 5%
Pinkos, Steven, Michael President And Head Of Business Development Mar 2023 (3y) 5% – 10%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Pam Foundation Investments, Inc. Limited Partner Nov 2021 A 50% – 75%
Fco Management Llc General Partner Nov 2012 A Less than 5%
Pam Strategic Partners, L.P. Shareholder Oct 2021 B ≈ 37.5% – 75% via Pam Foundation Investments, Inc.
Prosperity Group Holdings L.P. Shareholder Nov 2023 B ≈ 28.13% – 75% via Pam Strategic Partners, L.P.
Vauxhall Holdings L.P. Limited Partner Feb 2018 B ≈ 21.09% – 75% via Prosperity Group Holdings L.P.
Elliott International, L.P. Shareholder May 2018 B ≈ 7.91% – 56.25% via Vauxhall Investments S.A.R.L (Luxembourg)
Elliott International Limited Limited Partner Nov 1994 B ≈ 5.93% – 56.25% via Elliott International, L.P.
Elliott Capital Advisors, L.P. Class C Shareholder Nov 2019 B 75% or more of Hambledon, Inc. (indirect)
Paul E. Singer Family Trust Iih Managing Member Jun 2023 B 75% or more of Pesft Iih Ea Llc (indirect)
Elliott International Special Gp, Llc Class A Shareholder Nov 2019 B 75% or more of Hambledon, Inc. (indirect)
Vauxhall Investments S.A.R.L (Luxembourg) Limited Partner Feb 2018 B ≈ 10.55% – 56.25% via Vauxhall Holdings L.P.
Elliott International Advisors Gp Llc Manager, Class A Member Dec 2018 B 50% – 75% of Elliott International Special Gp, Llc (indirect)
Pesft Iih Ea Llc Limited Partner Jun 2023 B 25% – 50% of Elliott Capital Advisors, L.P. (indirect)
Bluejacket Gp Llc General Partner Feb 2018 B GP / trustee / elected manager of Prosperity Group Holdings L.P. (indirect)
Redwing Gp Llc General Partner Feb 2018 B GP / trustee / elected manager of Vauxhall Holdings L.P. (indirect)
Hambledon, Inc. General Partner Dec 1994 B GP / trustee / elected manager of Elliott International, L.P. (indirect)
Braxton Associates, Inc. General Partner Sep 1986 B GP / trustee / elected manager of Elliott Capital Advisors, L.P. (indirect)
Elliott Asset Management Llc General Partner Feb 2003 B GP / trustee / elected manager of Elliott Capital Advisors, L.P. (indirect)
Elliott Advisors Gp Llc General Partner Dec 2018 B GP / trustee / elected manager of Elliott Capital Advisors, L.P. (indirect)
Pam Investments Gp Llc General Partner Oct 2021 B GP / trustee / elected manager of Pam Strategic Partners, L.P. (indirect)

Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.

Estimated effective ownership (look-through of filed bands):

  • Negroni, Hector, Emilio: 75% – 100% of Fco Management Llc × 0% – 5% direct ≈ 0% – 5% of the firm
  • Pam Strategic Partners, L.P.: 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 37.5% – 75% of the firm
  • Prosperity Group Holdings L.P.: 75% – 100% of Pam Strategic Partners, L.P. × 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 28.13% – 75% of the firm
  • Vauxhall Holdings L.P.: 75% – 100% of Prosperity Group Holdings L.P. × 75% – 100% of Pam Strategic Partners, L.P. × 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 21.09% – 75% of the firm
  • Elliott International, L.P.: 75% – 100% of Vauxhall Investments S.A.R.L (Luxembourg) × 50% – 75% of Vauxhall Holdings L.P. × 75% – 100% of Prosperity Group Holdings L.P. × 75% – 100% of Pam Strategic Partners, L.P. × 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 7.91% – 56.25% of the firm
  • Elliott International Limited: 75% – 100% of Elliott International, L.P. × 75% – 100% of Vauxhall Investments S.A.R.L (Luxembourg) × 50% – 75% of Vauxhall Holdings L.P. × 75% – 100% of Prosperity Group Holdings L.P. × 75% – 100% of Pam Strategic Partners, L.P. × 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 5.93% – 56.25% of the firm
  • Vauxhall Investments S.A.R.L (Luxembourg): 50% – 75% of Vauxhall Holdings L.P. × 75% – 100% of Prosperity Group Holdings L.P. × 75% – 100% of Pam Strategic Partners, L.P. × 75% – 100% of Pam Foundation Investments, Inc. × 50% – 75% direct ≈ 10.55% – 56.25% 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 (5, $114M gross assets)

FundTypeGross assetsMin. investmentOwners
Fco Special Opportunities (A1) Lp Hedge Fund $65.6M $5.0M 2
Foundation Systematic Opportunities Lp Hedge Fund $41.2M $5.0M 9
Fco Next Holdings Llc Hedge Fund $7.6M $5.0M 12
Fco Special Opportunities (A2) Lp Hedge Fund $0 $5.0M 2
Foundation Credit Opportunities Master Fund Lp Hedge Fund $0 $5.0M 1

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 1.58 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Regulatory as of Nov 18, 2024

Allegations: ON OCTOBER 25, 2024, ELLIOTT INVESTMENT MANAGEMENT L.P. ("ELLIOTT") BECAME AWARE OF A NOTICE (THE "NOTICE") ISSUED BY BUNDESANSTALT FUR FINANZDIENSTLEISTUNGSAUFSICGHT ("BAFIN"), ADDRESSED TO MR. PAUL SINGER, THE ULTIMATE CONTROL PERSON OF ELLIOTT, ALLEGING THAT ELLIOTT FAILED TO TIMELY FILE CERTAIN NOTIFICATIONS IN CONNECTION WITH AN INVESTMENT MADE BY CERTAIN OF EIM'S ADVISORY CLIENTS (THE "ELLIOTT FUNDS") IN HELLA GMBH & CO. KGAA, A GERMAN-DOMICILED COMPANY (THE "ISSUER"). ELLIOTT TIMELY FILED SUCH NOTIFICATIONS AND CORRECTLY IDENTIFIED BOTH THE LEGAL AND ULTIMATE BENEFICIAL OWNERS IN SUCH NOTIFICATIONS AT THAT TIME. ELLIOTT SUBSEQUENTLY NOTIFIED BAFIN OF ITS INTENTION TO UPDATE, AND THEN UPDATED, THE NOTIFICATIONS WITH RESPECT TO IDENTIFYING CERTAIN ENTITIES IN THE HOLDING STRUCTURE THROUGH WHICH THE ISSUER WAS HELD BY THE ELLIOTT FUNDS. BAFIN HAS ALLEGED THAT ELLIOTT FAILED TO CORRECTLY IDENTIFY THOSE ENTITIES IN THE HOLDING STRUCTURE IN ITS ORIGINAL NOTIFICATIONS. Status: Pending Summary: ON OCTOBER 25, 2024, ELLIOTT BECAME AWARE OF THE NOTICE FROM BAFIN DATED JULY 30, 2024, STATING THAT BAFIN HAD INITIATED ADMINISTRATIVE OFFENCE PROCEEDINGS AGAINST MR. SINGER, THE ULTIMATE CONTROL PERSON OF ELLIOTT. PURSUANT TO SUCH NOTICE, BAFIN IS PROVIDING AN OPPORTUNITY TO COMMENT ON THE FOREGOING ALLEGATIONS PRIOR TO DECIDING WHETHER TO TAKE ANY ACTION WITH RESPECT TO THIS MATTER. ELLIOTT IS SUBMITTING A WRITTEN RESPONSE TO BAFIN WITH RESPECT TO THESE ALLEGATIONS.

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses/institutional clients

Custody

Reported custodians

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: Mar 25, 2026.

View current Form ADV (SEC/IAPD) ↗