CCS Partners LLC

CCS Partners advises privately offered pooled investment vehicles and institutional separately managed accounts, rather than retail investors, and reports about $1.64 billion in discretionary assets under management. Its Funds invest primarily across structured credit and corporate credit — including RMBS, CMBS, ABS, CLOs, whole loans, and distressed credit — and may also pursue direct lending, joint ventures and equity-related positions.

The firm’s investment process combines a top‑down macro view with bottom‑up, loan‑ and asset‑level analysis, using proprietary and third‑party models, alternative data and valuation committees to assess cash flows and downside risk. Portfolios are managed on a discretionary basis by an investment committee and the Adviser uses derivatives, hedging and selective leverage as part of implementation.

Distinctive features in the Adviser’s regulatory and marketing practices appear alongside its credit focus: the Adviser notes that its Funds rely on an exemption from registration as a commodity pool even though Fund strategies include derivative, swap and other instruments associated with commodity and credit trading. The brochure also discloses the use of placement agents and the retention of strategic advisors, operating partners and senior consultants who may be compensated, co‑invest or provide introductions — arrangements the firm says can be used in fundraising and client outreach.