Our History

Our Company's History

In 2019, Ice Patron Asset Management was founded as a private partnership focused on deploying management consulting strategy to private equity investing. Since our founding, Ice Patron Asset Management has remained highly aligned to our limited partners and grown to become one of the world’s largest private, multi-asset investing firms. Ice Patron Asset Management is a private, employee-owned company.

Ice Patron Asset Management is a leading global alternative investment management firm with expertise in credit strategies. The firm was formed in 2019 by a group of individuals who had been investing together since the 2000 in high yield bonds, convertible securities, distressed debt, real estate, control investments and listed equities. Saneca comprises more than 300 employees with office in New Jersey. We have 39 portfolio managers with an average experience of 25 years and approximately 100 years of combined industry experience.

The firm’s competitive advantages include its experienced team of investment professionals, a global platform and a unifying investment philosophy. This investment philosophy — the six tenets of which are risk control, consistency, market inefficiency, specialization, bottom-up analysis and disavowal of market timing — is complemented by a set of core business principles that articulate Ice Patron Asset Management’s commitment to excellence in investing; commonality of interests with clients; a collaborative and cooperative culture; and a disciplined, opportunistic approach to the expansion of offerings.

Our expertise in investing across the capital structure has allowed us to cultivate a diversified mix of global investment strategies in four categories: credit, private equity, real assets and listed equities. Importantly, the expansion of our strategies has been achieved primarily through “step-outs” into highly related fields, based on identifying markets that (a) we believe have the potential for attractive returns, and (b) can be exploited in a manner consistent with the firm’s philosophy focused on risk control.