Balbec Capital Management

Real Estate SEC-registered adviser

Legal name: Balbec Capital Management LP

Scottsdale, AZ Website

AUM

$8.0B
Regulatory AUM

Private funds

14
Real Estate 14

Private fund assets

$7.3B
Gross asset value

Employees

150

Last Form D raise

Apr 2026
Most recent fund filing

From SEC Form ADV filing (filed Apr 27, 2026). View on SEC

People(4)

Owners and executive officers named on the firm's SEC Form ADV.

C
Charles Rusbasan
Executive Chairman
Source: SEC Form ADV
P
Peter Troisi
Chief Executive Officer
Source: SEC Form ADV
P
Philip Daniels
Chief Investment Officer
Source: SEC Form ADV
W
Warren Spector
Chairman
Source: SEC Form ADV

Funds(14)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Balbec Sc Evergreen Fund, L.P.Real Estate$337.8M$270.0M1Apr 2026Warm
Balbec Igcf VI Annex Fund, L.P.Real Estate$379.8M——Aug 2025Cool
Balbec Commercial Mortgage Opportunities Fund I, LPReal Estate$134.2M$77.4M53Mar 2025Cool
Insolve Global Credit Fund VI, LPReal Estate$2.3B$753.3M105Aug 2024Cold
Bmcf Fund II, L.P.Real Estate$36.7M$40.1M2Dec 2023Cold
Palace Mortgage Fund II, L.P.Real Estate$377.5M——Jun 2022Cold
Insolve Global Credit Fund V, LPReal Estate$2.1B$1.4B167May 2022Cold
Bkpl Mortgage Holding SPV, LPReal Estate$108.1M$121.5M4Mar 2021Cold
Palace Mortgage Fund, L.P.Real Estate$67.1M——Jan 2021Cold
Insolve Global Credit Fund IV, LPReal Estate$688.6M——Feb 2020Cold
Fallingwater Fund, LPReal Estate$49.7M——Oct 2019Cold
Balbec Ca Asset Credit Fund, LPReal Estate$371.5M———
Balbec Mortgage Strategies Fund, L.P.Real Estate$363.5M———
Acm Evergreen, LPReal Estate$75.1M———

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
284363
SEC file number
801-108741

Sources