Empyrean Capital Partners: Platform Profile

Overview

Empyrean Capital Partners is a Los Angeles event-oriented, multi-strategy investment manager founded in 2004. Its regulatory materials allow investments across a broad range of securities and instruments, and the firm may also manage other funds, co-investments and customized accounts when consistent with client objectives.

Public industry descriptions characterize the core business as event-driven multi-strategy investing.

May fit better for

• qualified investors seeking event-driven multi-strategy exposure;
• allocators comfortable with corporate transactions and special situations;
• investors seeking equity and credit opportunities in one platform;
• investors able to evaluate complex capital structures;
• institutions comfortable with pooled private funds.

May fit less well for

• retail users seeking public self-service access;
• investors wanting a transparent long-only stock portfolio;
• users who treat the 13F as the complete event-driven book;
• investors expecting current public fee and minimum schedules.

Empyrean is SEC registered

• Legal adviser: Empyrean Capital Partners, LP
• CRD: 138978
• SEC number: 801-65586
• SEC registration effective: 2006-01-26
• SEC registered investment adviser: Yes

Current regulatory AUM is $4.969B

Current March 30, 2026 adviser data:

• Regulatory AUM: $4.969B
• Regulatory AUM exact: $4,969,081,000
• Regulatory AUM as of: 2026-03-30
• Discretionary AUM: $4.969B
• Client accounts: 4
• Employees: 31
• Private fund count: 4
• Private fund gross assets: $4.969B

Q2 2026 13F value is $3.027B

Current filing:

• Q2 2026 13F value: $3.027B
• Q2 2026 13F exact value: $3,026,803,175
• Q2 2026 13F as of: 2026-06-30
• Q2 2026 13F entry count: 122

Some stock-only processors report a lower figure because they exclude option or non-common-stock lines.

Strategy is event-oriented multi-strategy

Current company and industry descriptions support:

• Event oriented: Yes
• Multi strategy: Yes
• Equity capability: Yes
• Credit capability: Yes
• Special situations capability: Yes
• Capital structure capability: Yes

Regulatory brochure permits broader client structures

Current brochure material supports:

• Private funds: Yes
• Managed account capability: Yes
• Co investment capability: Yes
• Customized services possible: Yes
• Wrap fee program: No

The March 2026 filing itself reports four pooled-vehicle accounts and no active SMA count.

Public scale references can differ from RAUM

A March 2026 industry interview described Empyrean as a $3B hedge fund.

Investor portal is not public retail access

Empyrean operates an investor login portal.

• Investor portal exists: Yes
• Public self service retail signup: No

Assessment

Empyrean's cleanest scale anchor is $4.969B of regulatory AUM. Its $3.027B Q2 13F and external $3B industry description are narrower measures and should remain attached to their source and date.