Bornite Capital Management LP is a private investment management firm that provides discretionary investment management services to qualified investors through its private funds.
The firm serves as the investment advisor to private, pooled investment vehicles, which are offered through a private placement memorandum to accredited investors and qualified purchasers.
Over the past year, Bornite Capital has undergone some notable changes, as evidenced by its Form ADV filing in April 2023. Bornite Capital's total AUM substantially grew by 104% from $451.6 million to $923.7 million.
The number of accounts managed by the fund increased from 2 to 5 over the same period. Its employee count increased from 6 to 7.
The firm also has filled several modifications for its other private fund: Bornite Onshore Fund L.P.
- Gross Asset Value: New: $874,256,500 | Old: $451,649,470
- Approximate number of beneficial owners: New: 80 | Old: 30
- Approximate percentage beneficially owned by non-United States persons: New: 36% | Old: 19%
- Percentage of clients invested: New: 64% | Old: 0%
Furthermore, Bornite Capital added a new private fund, Bornite Commodities & Industrials Master Fund LP, on April 5th, 2023. The new private fund has a value of $23.2 million.