Centerbridge Logo
  • About Centerbridge
    • Our Firm
    • Our Team
    • Culture & Careers
  • Our Strategies
  • Impact
    • Overview
    • Centerbridge Foundation
    • Partnership with CUNY
    • Sustainable Value Creation
  • News & Insights
  • Contact
  • LP Login

Centerbridge Foundation

The Centerbridge Foundation’s mission is to increase access to educational and economic opportunities for young people so they can achieve their full potential. Established in 2007, the Foundation supports nonprofit organizations in the communities where we work. The Foundation’s mission and approach reflect the Firm’s commitment to investing in strong leaders and creating value across our communities.

Philanthropic
Investments

Our Partnership Grant strategy builds capacity of education-focused nonprofit organizations, with strong leaders and track records of success, with the goal of maximizing impact across the sector.

CUNY
Partnership

A multifaceted partnership that supports the educational and career outcomes of CUNY students through the Investment Industry Fellowship, Summer Internship Program, Futures in Finance, and Grant Support.

Firm Engagement
Initiatives

There are many opportunities for our team to be involved, including selecting and assessing the impact of our Foundation portfolio and participating in group volunteer activities. The Foundation also supports eligible organizations where members of our team volunteer.

Scroll

PARTNERSHIP GRANT STRATEGY

The Centerbridge Foundation invests in a small portfolio of innovative, education-focused nonprofit organizations with established track records that are capable of achieving substantial and measurable impact on student outcomes and the education sector. Each organization in our portfolio receives a combination of grant funding and targeted consulting services with Bain & Co. along with a range of supplemental resources through our team and external network.

Our strategy is driven by the following principles:

Talent Focus

Strong leadership is a key lever for change, both at the organizational level and across the sector more broadly.

Long-term Commitment

System-level change requires a long-term commitment to developing an ecosystem of high-impact organizations working toward shared goals.


Creative & Collaborative
Problem-solving

Addressing complex challenges requires creative problem-solving, committed partners and cross-sector collaboration.

Learning, Reflection & Improvement

Progress is best achieved through ongoing and rigorous assessment of results to learn and improve.

New York City Grant Partners

In 2012, in collaboration with Bain & Co., the Partnership Grant was launched. Centerbridge and Bain team members choose one partner per year through a rigorous RFP process that includes evaluating the strength of the leadership teams, organizational results, and the potential impact of their proposed projects.

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2021
2023
New Visions for Public Schools Copy
Since its founding in 1989, New Visions has been at the heart of groundbreaking, real improvement in New York City public schools. Today, New Visions partners with a core network of 81 secondary schools—71 DOE schools and 10 New Visions Charter High Schools—serving more than 40,000 students in all five boroughs. Nearly 1,600 DOE schools citywide have access to the Portal by New Visions, a comprehensive school management and student planning tool that New Visions developed in collaboration with educators citywide. Support from the Centerbridge Foundation and Bain will focus on expanding support to new schools and defining a scalable approach to capacity building and effective use of the Portal by New Visions. Find Out More
Uncommon Schools
Uncommon Schools (Uncommon) is a nonprofit organization that operates 57 outstanding urban public charter schools in six cities serving over 21,000 students. Uncommon aims to close the achievement gap and prepare low-income students to graduate from college. The organization’s reach, coupled with its outstanding academic results, makes Uncommon one of the largest and highest-performing charter management organizations in the country. With support from the Centerbridge Foundation and Bain, Uncommon launched Uncommon Impact—a newer arm of the organization that is committed to sharing the techniques, skills and practices of high-performing teachers and leaders with educators around the world. The primary goal of Uncommon Impact is to share Uncommon’s work in ways that most effectively contribute to the academic success of students outside of Uncommon’s own network of schools. After being awarded a $1 million grant through the NYS DOE, the Uncommon Impact team trained more than 150 NYC DOE educators across 17 district schools in 2014, providing in-depth reading and math training, behavior and social-emotional coaching, and general professional development. In 2015, a partnership was formalized with the NYC DOE for Uncommon Impact to train educators from schools in Districts 19 and 23 in Brooklyn. This partnership expanded in 2016 and 2017 to train over 500 educators across four Districts (16,18, 19 and 23). Find Out More
The Achievement Network
The Achievement Network (ANet) helps school leadership teams support great teaching. The organization provides its school partners with an integrated set of trainings and tools to ensure that students receive instruction that is tailored to their needs. An ANet coach works alongside school leaders to build the skills, routines and structures needed to support a strong, standards-based instructional cycle. The coach draws on ANet’s high-quality resources, including interim assessments designed to support learning, an online platform for analyzing data and other instructional tools. Founded in 2005, ANet works across 29 schools in New York and over 820 schools across 31 states. This national network of schools gives ANet a unique ability to learn from and share the wisdom of educators from across the country. Support from the Centerbridge Foundation and Bain resulted in a review of the organization’s expansion plans, product portfolio and customer segmentation strategy, and of ways to deepen its impact in existing markets. This review has helped ANet scale its presence nationally, as well as in NYC in response to growing demand for its services. When our partnership first began, the organization served 525 schools but has since expanded to serve over 800 schools. Find Out More
Relay / GSE Graduate School of Education
In 2011, Relay Graduate School of Education (Relay) became the first stand-alone graduate school of education to form in New York in over 80 years. Relay offers an innovative master’s degree program designed specifically to respond to the urgent demand for effective teachers, particularly in urban communities. Currently, Relay trains 3,400 current and aspiring teachers and 1,100 school leaders across 19 cities and its programs have expanded to include master’s degrees for teachers and teaching residents, fellowships for experienced principals and a partnership with Coursera, a provider of online open-enrollment courses, that has allowed the program to reach thousands of educators around the world. Relay requires graduate students to demonstrate proficiency and achievement in their classrooms while earning a degree. In the long term, Relay seeks to transform how educators are prepared across the country. The Centerbridge Foundation and Bain supported the development of a framework to evaluate a range of expansion opportunities that have the potential to broaden Relay’s presence and impact over time. Bain helped Relay develop a strategic road map to include prioritization of new opportunities and resource allocation and focused on a strategy to guide the organization’s growth through 2020. Find Out More
New Classrooms
New Classrooms is an education technology and personalized learning organization founded in 2009 within the NYC DOE as “School of One.” In 2011, it launched as an independent entity with the program “Teach to One 360” to scale its approach outside the NYC DOE. The vision is to create a personalized instructional model that re-imagines the use of time, talent, tech and physical space to provide tailored and targeted math instruction based on students’ individual learning styles and needs. Since 2011, Teach to One 360 has served over 60,000 students in 20 states and the District of Columbia. Students have achieved learning gains equivalent to 1.5 years of growth. Support from the Centerbridge Foundation and Bain focused on researching the landscape of complementary and competing programs and understanding decision-making processes across the system. This research has informed the organization’s pricing and outreach strategy which were critical in advance of scaling operations in NYC and across the country. Find Out More
College Advising Corps
College Advising Corps (CAC) is a college access and advising program that strives to increase the number of low-income and first-generation students that participate in higher education. CAC partners with 30 universities across 17 states to place well-trained, recent college graduates as college advisers in 747 under-served high schools. The Centerbridge Foundation and Bain supported the development of a strategy for scaling the program in NYC through partnerships with the College Board and the NYC DOE, who share the goal of improving college access and enrollment outcomes. Find Out More
Children’s Aid
Children’s Aid’s mission is to alleviate the stresses of poverty and provide children with resources and experiences that will enable them to succeed and thrive. The team provides comprehensive support to children and their families in targeted high-needs NYC neighborhoods. Currently, 50,000 children and their families are served through over 100 programs across 40 locations in NYC. Support from the Centerbridge Foundation and Bain focused on improving Children’s Aid’s network of community schools and exploring opportunities to improve student outcomes, a top priority in the organization’s strategic plan. Find Out More
CMO – KIPP
We have supported a collaboration between three leading Charter Management Organizations—KIPP, Achievement First and Uncommon. Together, these CMOs serve over 140,000 K-12 students in more than 350 charter schools across the United States. The Centerbridge Foundation and Bain supported the launch of a coalition to develop strategies focused on college completion and career transitions for alumni across organizations. Find Out More
CUNY
CUNY is the nation’s largest urban public education system with a mission to provide a pathway to the middle class for students. CUNY has more than 220,000 degree students across 25 colleges with over a million graduates living in the NYC metro area; more than 75% of enrollees are students of color and 61% of students do not have a parent that graduated from college. Support from the Centerbridge Foundation and Bain focused on a planning effort with the Career Success team to dramatically improve the career outcomes of CUNY alumni. The work included key factors for employee engagement, a plan for capacity building and scaling of employer driven pilots. Find Out More
New Visions for Public Schools
Since its founding in 1989, New Visions has been at the heart of groundbreaking, real improvement in New York City public schools. Today, New Visions partners with a core network of 81 secondary schools—71 DOE schools and 10 New Visions Charter High Schools—serving more than 40,000 students in all five boroughs. Nearly 1,600 DOE schools citywide have access to the Portal by New Visions, a comprehensive school management and student planning tool that New Visions developed in collaboration with educators citywide. Support from the Centerbridge Foundation and Bain will focus on expanding support to new schools and defining a scalable approach to capacity building and effective use of the Portal by New Visions. Find Out More
Khan Academy
Created in 2008 by Sal Khan, Khan Academy’s mission is to provide a free, world-class education for anyone, anywhere. Khan Academy offers a range of learning resources across multiple disciplines—including math, science, history, economics and more—to more than 130+ million users in 190 countries. The Centerbridge Foundation and Bain supported the creation of a strategic plan for Khan Academy’s District offerings: deepening the use of Khan Academy in classrooms serving under-resourced students, codifying Khan’s approach to its district partnership implementation and developing plans to scale district work. Find Out More
Jumpstart
Jumpstart is a national early education organization working toward the day every child in America enters kindergarten prepared to succeed. We provide language, literacy, and social-emotional programming for preschool children from under-resourced communities and promote quality early learning for all children. Since 1993, we’ve trained more than 58,000 college students and community volunteers to transform the lives of over 133,000 preschool children nationwide. Find Out More
Jumpstart
Jumpstart is a national early education organization working toward the day every child in America enters kindergarten prepared to succeed. We provide language, literacy, and social-emotional programming for preschool children from under-resourced communities and promote quality early learning for all children. Since 1993, we’ve trained more than 58,000 college students and community volunteers to transform the lives of over 133,000 preschool children nationwide. Find Out More

London Grant Partners

In 2018, the Centerbridge Foundation launched a collaboration with the London-based foundation Impetus and Bain & Co. to co-invest in a small portfolio of high impact organizations focused on addressing educational inequity across the UK. Similar to our approach in NYC, we jointly choose one project per year with organizations that have strong leadership teams, a proven track record of success and are ready to scale their impact.

2016 – 2017
2018
2019
2020
2021
2022
2023
On Purpose
Following a research initiative to explore the potential for innovative new financing vehicles to drive social change in the UK, the Centerbridge Foundation and On Purpose, a UK-based leadership training organization, partnered to develop a program called Executive On Purpose, which is tailored to the specific challenges facing social sector CEOs. The six-month pilot launched in February 2017 with an initial cohort of nine leaders representing a range of organizations and issue areas. In addition to grant funding, support from the Centerbridge Foundation provided tuition assistance to a group of leaders focused on education and career readiness interventions. On Purpose launched its third CEO program in September 2018. Find Out More
Action Tutoring
Action Tutoring (AT) partners volunteer tutors with low-income students from disadvantaged backgrounds to help them achieve a meaningful level of academic attainment with the aim of enabling students to progress in education, employment or training. Bain worked with AT to develop their 2018-2021 growth plan at 20% per year to reach 3,600 young people with the help of 1,800 volunteers by 2021. AT was accredited by the National Tutoring Program (NTP), set up under the UK government’s Education Recovery strategy in 2020. This meant that in 2021, AT exceeded its growth plans, reaching more than 5,500 young people with the help of around 2,700 volunteers. Find Out More
City Gateway
City Gateway provides education, work experience, training and coaching to support disadvantaged young people so they can gain the skills and qualifications needed to access sustainable employment. Since 2019, 706 young people have been trained, securing jobs and apprenticeships that transformed their lives and career prospects. Our investment and Bain’s support focused on defining a sustainable and scalable apprenticeship product, supported by a robust channel strategy and plan for delivery and future scale. In 2021, City Gateway exceeded its goal of serving 200 students and is on track to reach 600 students in 2023. Find Out More
West London
West London Zone supports children from underserved areas, ages 3-18, who are at risk in some combination of attainment, mental well-being and school attendance. Currently West London Zone is in 45 schools serving 1,338 students. Our support is focused on developing a growth strategy and three-year scale plan to deepen West London Zone’s footprint. In 2021, WLZ exceeded its goal of reaching 1,300 students and is on target to reach 3,000 young people by 2025. Find Out More
Connect Fund
Created and run by Impetus, the Connect Fund aims to build a cohort of high-impact organizations focused on closing the youth unemployment gap faced by young people from diverse backgrounds in the UK.  Our support is focused on developing a growth strategy and plan to launch the Connect Fund. In 2021, the Connect Fund partnered with two charities, Career Ready and Mama Youth, and aims to support four more charities in 2022 and another four in 2023. Find Out More
Football Beyond Borders
Football Beyond Borders supports young people from disadvantaged backgrounds who are disengaged at school, helping them complete school with the skills needed to successfully transition into adulthood. Currently FBB is delivering 91 projects to 1,500 young people this academic year.  Our support will focus on creating a growth and pricing strategy so FBB can scale their impact across the UK. Find Out More
Tutor Trust
Tutor Trust is a registered charity which aims to help tackle educational inequality in a unique way. Our mission is to ‘transform lives through tutoring’ by making sure every child who needs some additional academic support can access a great tutor. We operate in four city regions – Greater Manchester, Leeds, Bradford and Merseyside – and recruit and train tutors, predominantly students and graduates from local universities, in the core subjects of Maths, English and Science and place them in state schools. Our tutors are paid competitive rates and receive extensive training and ongoing support, which guarantees they provide a professional service. Find Out More
Tutor Trust
Tutor Trust is a registered charity which aims to help tackle educational inequality in a unique way. Our mission is to ‘transform lives through tutoring’ by making sure every child who needs some additional academic support can access a great tutor. We operate in four city regions – Greater Manchester, Leeds, Bradford and Merseyside – and recruit and train tutors, predominantly students and graduates from local universities, in the core subjects of Maths, English and Science and place them in state schools. Our tutors are paid competitive rates and receive extensive training and ongoing support, which guarantees they provide a professional service. Find Out More

Primary Sidebar

  • About Centerbridge
  • Our Strategies
  • Impact
  • Legal
  • LP Login
  • Terms of Use
  • Privacy Policy
Back to top Follow Us

© 2023 Centerbridge Partners, L.P. All rights reserved.

Privacy Policy

PRIVACY POLICY

At Centerbridge Partners, L.P. (“Centerbridge,” “our,” “us” or “we”), we recognize how important your privacy is to you, and we are committed in our efforts to keep your personal information secure. This Privacy Policy (“Policy”) sets forth our policies with respect to information you provide to us or that we otherwise receive and seeks to help you understand how we collect, use, and manage any information we collect about you when you visit any website owned by Centerbridge that links to this Policy (the “Site”) or when you otherwise interact with Centerbridge.

PLEASE READ THIS POLICY CAREFULLY BEFORE USING THE SITE. WE CAN UPDATE THIS POLICY AT ANY TIME. ANY CHANGES WILL BE EFFECTIVE ONCE POSTED HERE, AND THE UPDATED POLICY WOULD GOVERN ANY AND ALL USE BY YOU OF THIS SITE. IF YOU DO NOT ACCEPT THE TERMS AND CONDITIONS STATED IN THIS POLICY, DO NOT USE THE SITE.

Information we collect.

When you visit this Site or otherwise interact with us, Centerbridge may collect three types of information about you: data you provide to us directly (e.g., where you access this website, contact us via email or other methods, or otherwise make information available electronically or through other means); data we collect about you from other sources; and data that may be provided to us from third-party sources. In addition, we may automatically collect information when you visit our Site. This information may include your Internet Protocol (IP) address, Internet Service Provider (ISP), domain name, browser type, date and time of your interaction with us and information provided by tracking technologies, such as cookies, JavaScript and other similar technologies (“Automatically Collected Information”). Tracking technologies help to collect session information, including page response times, download errors, length of visits to certain pages, page interaction information (e.g., scrolling, clicks, and mouse-overs), and methods used to browse away from the page. Users can control the use of cookies at the individual browser level. If you reject cookies, you may still use the Site, but your ability to use some features or areas of the Site, and our ability to provide you with services or resources based on the information we have collected, may be limited. Please see our Cookie Policy, here.

How we use the information we collect about you.

We may use information you give us for the following legitimate interests: to communicate with you, to respond to your inquiries and to provide you with any information you have requested, to provide for the administration of our business and to aid in recruitment efforts/process job applications. We may also use information for the following other lawful purposes: to fulfill our regulatory and/or legal obligations and to process information with your consent. We also may use Automatically Collected Information to better understand how our visitors use the Site, and analyze their demographics, interests and behavior, to improve the content of the Site, the user experience and to manage and further develop our business. Centerbridge will not sell or market Automatically Collected Information to non-affiliated third parties for their marketing purposes. However, we are not restricted or limited in our ability to disclose aggregated statistics about visitors to this Site, along with specific information concerning individual visitors of this website, provided that no specific individual can be identified by the information disclosed.

How we share the information we collect.

We may share your personal information with our affiliates for the management and administration of our business. We may also provide your personal data to third-party service providers such as accountants, auditors, lawyers or other outside professional advisors to Centerbridge (subject to binding contractual obligations of confidentiality), or as required to do so to comply with legal or regulatory obligations or for other legal reasons, including protection of our proprietary and other rights. Service providers who may come into contact with information covered by this Policy are expected to and, in certain cases, directed to safeguard such information and use such information solely for the provision of services to us.

How we safeguard and protect the information we collect.

We have implemented appropriate technical and organizational security measures designed to protect your personal information against accidental or unlawful destruction, loss, alteration, unauthorized disclosure, unauthorized access, or other unlawful or unauthorized forms of processing, in accordance with applicable law, including as it relates to transferring information to other countries for purposes as described above.

Data accuracy, minimization and retention.

We take all reasonable steps to ensure that the personal information we store reflects any updates you have provided, that your data is limited to that which is reasonably necessary in connection with the purposes set out in this Policy, and that your data is only processed for the limited period necessary for the purposes set out in this Policy and for our legal obligations for record retention.

Data transfer.

If you are located in the United Kingdom or European Economic Area (“EEA”), we may transfer the personal information we collect about you to our affiliates and other recipients in countries outside the United Kingdom or EEA (such as the United States). We have put in place appropriate safeguards with respect to such transfers.

Your rights.

You have a number of legal rights in relation to the personal data we hold about you, including the right of access to your personal data, the right to request the correction of inaccuracies, the right to request the deletion or restriction of processing of your personal data, the right to withdraw consent and the right to lodge a complaint with data protection authorities. Should you have any questions, comments or concerns about our privacy practices or your personal information, please contact legalnotices@centerbridge.com.


If you are located in the UK, you may also contact our representative in the UK: Centerbridge Partners Europe, LLP, 10 New Burlington Street, 2nd Floor, London W1S 3BE.  If you are located in the EEA, you may also contact our representative in the EU: Centerbridge Partners
Luxembourg S.à r.l., 9 Allée Scheffer, 2520 Luxembourg.
Current and prospective investors should also reference the Centerbridge Client Privacy Notice for the Centerbridge Funds which Centerbridge separately makes available.

Q2 2021 Edition

CENTERBRIDGE PARTNERS, L.P. TERMS OF USE

By accessing or using this Centerbridge Partners, L.P. (“Centerbridge,” “our,” “us” or “we”) website (the “Site”), you hereby accept and agree to comply with the terms and conditions set forth in these Terms of Use (this “Agreement”). This Agreement is a binding agreement between you and Centerbridge, and governs your access and use of the Site, which includes any text, graphics, videos, live events, user interfaces, visual interfaces, information, data, tools, products, services and other content (together, “Content”) and the design, structure, selection, coordination, expression and arrangement of the Content on or through the Site. You may contact Centerbridge by e-mail legalnotices@centerbridge.com with questions about the terms and conditions of this Agreement.

PLEASE READ THIS AGREEMENT CAREFULLY BEFORE USING THE SITE. WE CAN UPDATE THIS AGREEMENT AT ANY TIME WITHOUT PRIOR NOTICE AND THE UPDATED AGREEMENT WOULD GOVERN ANY AND ALL USE BY YOU OF THIS SITE. YOU ARE ADVISED TO PERIODICALLY REVIEW THESE TERMS FOR ANY CHANGES. IF YOU DO NOT ACCEPT THE TERMS AND CONDITIONS STATED IN THIS AGREEMENT, DO NOT USE THE SITE.

1. Centerbridge grants you a limited right to use the Site.

Your right to use the Site is subject to your agreement to abide by this Agreement in its entirety, as well as any other rules, procedures, policies, terms or conditions that govern all or any portion of the Site. You may not disclose any Content to any third party, except to your financial, legal or tax advisors, and others with whom you share investment decisions. At any time and for any reason we may revoke your right to use all or any portion of the Site. You may not violate or attempt to violate the security of the Site.

2. The Site, and the Information on this Site, is owned by Centerbridge, its affiliates and/or third parties.

The Site and the Content is protected by one or more copyrights, patents, database rights, trademarks, servicemarks and/or other intellectual property and proprietary rights that are owned by Centerbridge, its affiliates and/or third parties. You may not decompose, decompile, reverse engineer, disassemble or otherwise deconstruct all or any portion of the Site. You may not publish, broadcast, retransmit, reproduce, repackage, frame, commercially exploit, use, create any derivative of or otherwise redistribute all or any portion of the Site except as explicitly permitted in this Agreement. You may print copies of any accessible portion of the Site only for your own personal use. You may discuss information that you learn from the Site with your financial, legal, accounting or tax advisors, and others with whom you share investment information for purposes of their advice to you. You may not remove or use any copyright, trademark or other proprietary notice or legend contained on (or printed from) the Site.

3. You make certain representations and warranties regarding your use of the Site.

You represent and warrant that: (i) you have full authority and all rights necessary to enter into and fully perform all of your obligations pursuant to this Agreement; (ii) you have not entered and you will not enter into any agreement or perform any act which might contravene the purposes and/or effects of this Agreement; and (iii) you will not delete any Content from the Site.

The Content may contain information, including fund terms, relating to funds in which you are not currently invested. By accessing this website, you acknowledge that you have requested for the Content to be made available to you and that this request does not arise from any Centerbridge marketing.

4. Limitations on your use of the Site.

You agree (i) abide by all applicable laws and regulations in your use of the Site; (ii) not to interfere with the Sites’ functionality or appearance; (iii) not to data mine, page scrape or use any automatic or manual process to access, acquire, copy or monitor any Content or any portion of the Site; and (iv) not to attempt to gain unauthorized access to any portion or feature of the Site.

5. All Content is for informational purposes only.

Nothing on the Site constitutes an offer to sell or a solicitation to buy any security or other investment. Although the Site may include investment-related information, nothing on the Site is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy. We do not give any advice or make any representations as to whether any security or investment is suitable for you or will be profitable. Nothing on the Site is intended to be, and you should not consider anything on the Site to be, legal, tax, investment or accounting advice. You should consult with your own advisors with respect to legal, tax, regulatory, financial, accounting and other similar matters.

YOU SHOULD BEAR IN MIND THAT PAST PERFORMANCE OF ANY INVESTMENT, INVESTMENT STRATEGY OR INVESTMENT STYLE IS NOT INDICATIVE OF FUTURE RESULTS.

6. There are various risks you assume in relying on the Content.

Dated Content speaks only as of the date indicated. We make reasonable efforts to provide accurate Content, but at times we may not promptly update or correct the Site even if we are aware that it is inaccurate, outdated or otherwise inappropriate. We may change all or any portion of the Site at any time without notice to you. We do not endorse the opinions of, or warrant the accuracy of facts or other Content contributed by, any third party. You agree that we are not liable for any action you take or decision you make in reliance on any Content.

7. Centerbridge is not liable for any technological problems and any impact that they may have.

All or any portion of the Site may not be available and may not function properly at any time. We make reasonable efforts to avoid technological problems, but at any time the Site may have and may cause technological problems such as viruses and other damaging computer programming routines or engines. We take reasonable security precautions when using the Internet, telephone or other means to transport data or other communications, but we disclaim liability for any interception of data or communications. We make reasonable efforts to ensure that the Site is secure but we do not guarantee the security of the Site. We are not liable for any damage or injury caused by the performance or failure of performance of all or any portion of the Site. We are not liable for any defects, delays or errors in or resulting from your use of the Site.

8. Centerbridge is not responsible for information on any third party web site that is referred in, or accessible or connected by hyperlink to, the Site.

Centerbridge may provide links from the Sites to certain websites operated by third parties who may or may not be affiliated with Centerbridge (the “Third Party Sites”). Centerbridge is providing such links solely as a convenience to you. Accordingly, Centerbridge makes no representations concerning the content of the Third Party Sites. The fact that Centerbridge has provided a link to the Third Party Site does not constitute an endorsement, authorization, sponsorship, or affiliation by Centerbridge with respect to the Third Party Site, its owners, or its providers. Centerbridge has not tested any information, software, or products found on any of the Third Party Sites and therefore does not make any representations with respect thereto, including any representations regarding the content or sponsors of the Third Party Site, or the suitability or appropriateness of the products or transactions described therein.

9. Centerbridge has the right but not the obligation to monitor and record activity on the Site and respond as it deems appropriate.

We may monitor and record activity on the Site for any reason or for no reason. We may investigate any complaint or reported violation of our policies. We may report any activity that we suspect may violate any law or regulation to regulators, law enforcement officials or other persons or entities that we deem appropriate. We may issue warnings, suspend or terminate use of the Site, deny access to all or part of the Site or take any other action that we deem appropriate.

10. Website Privacy Policy.

Any personal nonpublic information that we gather from you through the Site will be governed by our Website Privacy Policy, which is incorporated into these Terms of Use by reference.

11. Non-Public Investor Sections of the Site.

If you are a Centerbridge investor or are a representative of a Centerbridge investor, you may have been granted access to certain non-public portions of the Site through a uniquely assigned investor log-in (“Investor Portal”). Your use of the Investor Portal Site is also governed by the “Important Information and Terms of Use for the Centerbridge Investor Portal.” If you have been granted access to the Investor Portal by Centerbridge, you must maintain confidentiality of your log-in information and you remain responsible for all usage of the Investor Portal through your account, whether such use is made by you or anyone else. You must immediately notify us of any known or suspected unauthorized use of your log-in information or any known or suspected breach of security, including loss, theft or unauthorized disclosure of your log-in information.

12. CENTERBRIDGE DISCLAIMS ALL WARRANTIES WITH RESPECT TO THE SITE THAT THE LAW ALLOWS IT TO DISCLAIM.

THE SITE IS PROVIDED “AS IS” AND “AS AVAILABLE.” WE DISCLAIM ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, OF ANY KIND WITH RESPECT TO THE SITE INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT OF INTELLECTUAL PROPERTY AND PROPRIETARY RIGHTS. WITHOUT LIMITING OUR GENERAL DISCLAIMER, WE DO NOT WARRANT THE AVAILABILITY, ACCURACY, COMPLETENESS, TIMELINESS, FUNCTIONALITY, RELIABILITY, SEQUENCING OR SPEED OF DELIVERY OF THE SITE OR ANY PART OF THE CONTENT OR THAT THE SITE WILL BE VIRUS AND/OR MALWARE-FREE.

CENTERBRIDGE’S LIABILITY WITH RESPECT TO THE SITE IS LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW. IN NO EVENT WILL WE OR ANY OF OUR AFFILIATES, AGENTS OR EMPLOYEES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES HOWEVER CAUSED ARISING OUT OF THIS AGREEMENT, THE SITE, OR THE INABILITY TO USE THE SITE. OUR LIABILITY IS LIMITED EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF THE DAMAGES THAT YOU SUFFER OR IF ANY REMEDY YOU HAVE FAILS OF ITS ESSENTIAL PURPOSE. UNDER ALL CIRCUMSTANCES, THE MAXIMUM LIABILITY OF CENTERBRIDGE, ITS AGENTS AND EMPLOYEES TO ANY USER OF THE SITE WITH RESPECT TO THE SITE IS $100. THIS DISCLAIMER OF LIABILITY APPLIES TO ANY AND ALL DAMAGES OR INJURY, INCLUDING THOSE CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION,INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF OR USE OF ANY ASSET, WHETHER FOR BREACH OF CONTRACT, TORTIOUSBEHAVIOR, NEGLIGENCE OR UNDER ANY OTHER CAUSE OF ACTION.

13. You will be responsible for any liability to Centerbridge that arises out of your breach of this Agreement or your use of the Site.

You agree to indemnify and hold harmless Centerbridge and its affiliates, agents, officers, employees and third-party sources from and against any and all suits, losses, claims, demands, liabilities, damages, costs and expenses (including reasonable attorneys’ fees) that arise from or relate to: (i) your use of the Site, (ii) your breach of this Agreement or any representation, warranty or covenant made by you in this Agreement, (iii) your violation of any applicable law, statute, ordinance, regulation or of any third party’s rights, or (iv) claims asserted by third parties which, if proven, would place you in breach of representations, warranties, covenants or other provisions contained in this Agreement.

14. New York law and jurisdiction govern this Agreement.

This Agreement shall be governed by and construed in accordance with the laws of the State of New York, without regard for the conflict of laws principles thereof. Each party hereby consents to the exclusive jurisdiction of the state and federal courts of New York. Each party waives, to the fullest extent permitted by applicable law, any right it may have to a trial by jury in respect of any suit, action or proceeding relating to this Agreement.

15. You are bound by certain other general conditions.

We may assign this Agreement in whole or in part at any time without your consent. You may not assign this Agreement or delegate any of your obligations under this Agreement. Any purported assignment of this Agreement in violation of its terms is void. If any provision of this Agreement is found invalid or unenforceable, that provision shall be enforced to the maximum extent possible and the remaining provisions of this Agreement shall remain in full force and effect. No waiver by Centerbridge of any term of these Terms of Use shall be deemed a waiver of any other term of these Terms of Use. This Agreement constitutes the entire understanding, and supersedes all other understandings, between you and Centerbridge concerning the subject matter hereof.

Last Revised: July 24, 2023

Legal

SEC REGISTRATION

Registered with the United States Securities and Exchange Commission (IARD/CRD Number 157359).

FCA REGISTRATION

Authorized and regulated by the UK Financial Conduct Authority (Registration Number 544525).

MODERN SLAVERY STATEMENT
LINK TO MODERN SLAVERY STATEMENT

COMMITMENT TO THE UK STEWARDSHIP CODE

Under Rule 2.2.3R of the FCA’s Conduct of Business Sourcebook, Centerbridge Partners Europe, LLP, directly and/or through its affiliates (“Centerbridge”), is required to make a disclosure about the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where it does not commit to the Code, its alternative investment strategy. The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers. Investors that commit to the Code can either comply with it in full or choose not to comply with aspects of the Code, in which case they are required to explain their alternative investment strategy. Centerbridge supports the overall principles of the Code and has adopted a proxy voting policy, a conflicts policy and various related procedures designed to reflect such principles where consistent with all of the following: the investment program of the Centerbridge funds, the governing documents of our funds, applicable laws within and outside the UK to which Centerbridge is subject and, above all, the best interests of our investors as a whole. We make such information available to investors and prospective investors, consistent with our obligations under applicable law. We note that under certain circumstances, the foregoing obligations and objectives may be best achieved by determining not to take action – e.g., by not voting rather than necessarily casting a vote. Certain actions, including voting and acting collectively with others, can carry associated costs and risks. Centerbridge weighs such costs and risks against the benefits sought to be achieved by the Code in its day-to-day application of the Code’s principles to its business.

COMMITMENT TO THE SHAREHOLDER RIGHTS DIRECTIVE II

Under the Shareholder Rights Directive II (the “Directive”), Centerbridge Partners Europe, LLP, directly and/or through its affiliates (“Centerbridge”), is required to make a disclosure about the nature of its commitment to the Directive, or, where it does not commit to the Directive, to provide a clear and reasoned explanation for not doing so. The Directive sets out a number of principles relating to the role of shareholder engagement and the exercise of voting rights in EU listed companies. While Centerbridge supports the overall principles of the Directive, Centerbridge’s investment strategies (credit, private equity and real estate) involve only minimal activity in scope of the Directive. Therefore we have determined not to adopt an engagement policy, and to rely instead on the Firm’s existing policies and procedures, including our proxy voting policy, our conflicts policy and various related procedures already in effect, which are directly responsive to the principles of the Directive and which Centerbridge has determined are proportionate to the risks of the business. We make such information available to investors and prospective investors, consistent with our obligations under applicable law.

Cookie Policy

COOKIE NOTICE

This website relies on third-party platforms (through affiliates of Google, Inc. and Microsoft Corporation, for example) that make use of “cookies” (a term that refers to small text files that may be stored on your computer or other device when you visit a website, which may expire when you exit the browser or after a set duration) to, for example, distinguish visitors, improve website functionality, and compile anonymous and aggregate statistics that are used by such third-party platforms. In addition, this website relies on cookies for the limited purpose of tracking those visitors to the website who have elected to accept the use of cookies.

Your internet browser may allow you to accept, block or delete cookies. Disabling cookies may impact your experience on our website. More information on how to manage cookies is available from allaboutcookies.org.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. View Cookie Policy
.
SettingsAccept
Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT