North Reef Capital Management LP is a California-based investment advisory firm that provides discretionary investment advisory services to a private investment fund and sub-advises managed accounts of other investment managers.
The firm's primary focus is on the North American financial services sector, and it seeks to achieve superior long-term capital appreciation by generating low volatility, double-digit annual returns across all market environments through the management of a hedged equity portfolio.
Between June 2022 and August 2023, significant changes were observed in the Form ADV filings. The total assets under management (AUM) increased by 153.56%, going from $766M to $1.94B. However, during this period, the employee count reduced from 4 to 3, and the number of managed accounts expanded from 5 to 8.
Another noteworthy addition during this time was a private fund. On March 21, 2023, the Blackstone CSP-MST FMAP Fund was added under the advisement of Blackstone Alternative Asset Management L.P.
The firm disclosed modifications from its private fund, North Reef Capital LP.
Private Feeder Fund: NORTH REEF CAPITAL OFFSHORE LTD.
Custodians:
CREDIT SUISSE SECURITIES (USA) LLC:Auditor: KPMG
Prime Brokers