Colchis Capital Management to Wind Down Main Funds
Posted on 04/07/2020
Formed in 2005, San Francisco-based Colchis Capital Management LP is led by Robert (Bob) Conrads. Bob Conrads is a former Senior Partner at McKinsey & Co. and former executive at redit Suisse First Boston. Colchis Capital was a backer of online lending platforms. The asset manager is winding down its main funds – Colchis Income Funds. This is due to the Wuhan coronavirus (COVID-19) pandemic impacting consumer and real estate loans. Colchis Capital Management has relationships with online lenders Marlette Funding and PeerStreet.
Colchis Capital Management was founded by Bob Conrads and his son Ted Conrads. At December 31, 2019, the firm managed nearly US$ 1 billion.
