Centerbridge Partners was founded in 2005. Their cofounders believe in a complementary relationship between their investment disciplines—from private equity to credit and related strategies, and real estate—and have set out to build a unified team to invest across asset classes and market cycles. Their professionals draw on their diverse investment experience and communicate across disciplines, sectors and geographies to develop a unique point of view. It is from their integrated vantage point that Centerbridge is able to identify and capitalize on investment opportunities. The private equity platform currently totals approximately $14 billion in capital commitments across three closed-end funds.