# BALBEC CAPITAL MANAGEMENT LP

BALBEC CAPITAL MANAGEMENT LP of SCOTTSDALE, AZ is an SEC-registered investment adviser.

## Registration

- CRD: 284363
- Type: SEC-registered investment adviser
- SEC file number: 801-108741
- Location: 7114 E STETSON DRIVE, SUITE 250, SCOTTSDALE, AZ, 85251
- Phone: 602-802-8300
- Latest filing: 2026-04-27
- Regulatory AUM: $8.0B
- Discretionary AUM: $7.4B
- Non-discretionary AUM: $612.6M
- Clients: 150
- Accounts: 23

## Business model

- Compensation: % of AUM, Performance, Other
- Clients served: Pooled vehicles, Investment cos

## Officers, owners & control persons (16)

| Name | Role | Location |
| --- | --- | --- |
| [Warren Jeffrey Spector](https://search.stillhousedata.com/person/70507) | CHAIRMAN | Scottsdale, AZ |
| [Philip John Daniels](https://search.stillhousedata.com/person/70508) | CHIEF INVESTMENT OFFICER | Scottsdale, AZ |
| [Jeff Carter Padden](https://search.stillhousedata.com/person/70509) | CHIEF LEGAL OFFICER | Scottsdale, AZ |
| [Charles Joseph Rusbasan](https://search.stillhousedata.com/person/70510) | CHIEF EXECUTIVE OFFICER; EXECUTIVE CHAIRMAN | Scottsdale, AZ |
| [Brett Steven Niehaus](https://search.stillhousedata.com/person/693709) | CHIEF COMPLIANCE OFFICER | — |
| [Christina L Houghton](https://search.stillhousedata.com/person/693710) | CHIEF FINANACIAL OFFICER | — |
| [Peter John Troisi](https://search.stillhousedata.com/person/693711) | CHIEF EXECUTIVE OFFICER; PRESIDENT | — |
| [SPECTOR WARREN JEFFREY](https://search.stillhousedata.com/person/734669) | CHAIRMAN; CHAIRMAN / LIMITED PARTNER; LIMITED PARTNER AND MEMBER | — |
| [RUSBASAN CHARLES JOSEPH](https://search.stillhousedata.com/person/819751) | CHIEF EXECUTIVE OFFICER; CHIEF EXECUTIVE OFFICER / LIMITED PARTNER | — |
| [HOUGHTON CHRISTINA L](https://search.stillhousedata.com/person/835269) | CHIEF FINANACIAL OFFICER | — |
| [PADDEN JEFF CARTER](https://search.stillhousedata.com/person/839784) | CHIEF LEGAL OFFICER; CHIEF LEGAL OFFICER & CHIEF COMPLIANCE OFFICER; CHIEF LEGAL OFFICER / LIMITED PARTNER | — |
| [DANIELS PHILIP JOHN](https://search.stillhousedata.com/person/839785) | CHIEF INVESTMENT OFFICER; CHIEF INVESTMENT OFFICER / LIMITED PARTNER | — |
| [GILBERT SCOTT LEIGH](https://search.stillhousedata.com/person/839786) | CHIEF FINANCIAL OFFICER; CHIEF FINANCIAL OFFICER / LIMITED PARTNER | — |
| [SANDERS BARRY ROCKWELL](https://search.stillhousedata.com/person/839787) | CHIEF COMPLIANCE OFFICER | — |
| [NIEHAUS BRETT STEVEN](https://search.stillhousedata.com/person/864304) | CHIEF COMPLIANCE OFFICER | — |
| [TROISI PETER JOHN](https://search.stillhousedata.com/person/875561) | PRESIDENT | — |


## Private funds (14)

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| INSOLVE GLOBAL CREDIT FUND VI, LP | Real Estate Fund | Delaware | 546 | $2.3B | — |
| INSOLVE GLOBAL CREDIT FUND V, LP | Real Estate Fund | Delaware | 638 | $2.1B | — |
| INSOLVE GLOBAL CREDIT FUND IV, LP | Real Estate Fund | Delaware | 447 | $688.6M | — |
| BALBEC IGCF VI ANNEX FUND, L.P. | Real Estate Fund | Delaware | 43 | $379.8M | — |
| PALACE MORTGAGE FUND II, L.P. | Real Estate Fund | Delaware | 9 | $377.5M | — |
| BALBEC CA ASSET CREDIT FUND, LP | Real Estate Fund | Delaware | 1 | $371.5M | — |
| BALBEC MORTGAGE STRATEGIES FUND, L.P. | Real Estate Fund | Cayman Islands | 1 | $363.5M | — |
| BALBEC SC EVERGREEN FUND, L.P. | Real Estate Fund | Delaware | 3 | $337.8M | — |
| BALBEC COMMERCIAL MORTGAGE OPPORTUNITIES FUND I, LP | Real Estate Fund | Delaware | 64 | $134.2M | — |
| BKPL MORTGAGE HOLDING SPV, LP | Real Estate Fund | Delaware | 10 | $108.1M | — |
| ACM EVERGREEN, LP | Real Estate Fund | Cayman Islands | 1 | $75.1M | — |
| PALACE MORTGAGE FUND, L.P. | Real Estate Fund | Delaware | 13 | $67.1M | — |
| FALLINGWATER FUND, LP | Real Estate Fund | Delaware | 4 | $49.7M | — |
| BMCF FUND II, L.P. | Real Estate Fund | Delaware | 3 | $36.7M | — |


## Branch offices (4)

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| ALPHARETTA | GA | 16 | 678-990-9141 |
| NEW YORK | NY | 12 | 646-558-2825 |
| LONDON | — | 5 | 4420 7154 1120 |
| BUDAPEST | — | 1 | +36 70 6326144 |


## Fund service providers (7)

- custodian: BALBEC IGCF VI ANNEX FEEDER FUND, L.P.
- custodian: BALBEC SC EVERGREEN FEEDER FUND, L.P.
- custodian: FALLINGWATER FEEDER FUND, LP
- custodian: IGCF IV FEEDER-E L.P.
- custodian: INSOLVE GLOBAL CREDIT FEEDER FUND IV, LP
- custodian: INSOLVE GLOBAL CREDIT FEEDER FUND VI, LP
- custodian: INSOLVE GLOBAL CREDIT FEEDER FUND V, LP

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/284363/brochure
- Similar advisers: https://search.stillhousedata.com/firm/284363/similar
- Related entities: https://search.stillhousedata.com/firm/284363/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/284363

---

Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.
