Nut Tree Capital Management, LP (“Nut Tree”), a Delaware limited partnership, provides
investment management services on a discretionary basis to privately offered investment funds.
Nut Tree currently serves as the investment manager of seven funds, six of which are organized
in a master-feeder structure, as further described below, and offered to outside investors and one
which operates as a stand-alone co-investment vehicle which trades capital of Nut Tree
personnel (the “Co-Investment Vehicle”).
Nut Tree serves as investment manager to Nut Tree Onshore Fund, LP, a Delaware limited
partnership (the “Open-End Onshore Feeder”), Nut Tree Offshore Fund Ltd., a Cayman Islands
exempted company (the “Open-End Offshore Feeder” and, together with the Open-End Onshore
Feeder, the “Open-Ended Feeder Funds”), each of which invest through Nut Tree Master Fund,
LP, a Cayman Islands exempted limited partnership (the “Open-End Master Fund” and, together
with the Open-Ended Feeder Funds, the “Open-Ended Funds”). The Open-Ended Funds are
open-ended investment vehicles.
Nut Tree also serves as investment manager to Nut Tree Drawdown Fund, LP, a Delaware
limited partnership (the “Closed-End Onshore Feeder”), Nut Tree Drawdown Offshore Fund, LP,
a Cayman Islands exempted limited partnership (the “Closed-End Offshore Feeder” and, together
with the Closed-End Onshore Feeder, the “Closed-End Feeder Funds”), each of which invest
through Nut Tree Drawdown Master Fund, LP, a Cayman Islands exempted limited partnership
(the “Closed-End Master Fund” and, together with the Closed-End Feeder Funds, the “Closed-
End Funds”). The Closed-End Funds are closed-end investment vehicles.
In this brochure we refer to the Open-Ended Funds and the Closed-End Funds, which are offered
to advisory clients, as the “Funds” collectively, and each, a “Fund.”
Investment and trading activity for the Open-Ended Feeder Funds and the Closed-End Feeder
Funds is conducted at the respective Master Fund level and Closed-End Master Fund level.
References herein to the investment objectives, strategies, investments and transactions of the
Funds include the Open-Ended Feeder Funds’ and the Closed-End Feeder Funds’ investment
objectives, strategies, investments and transactions as implemented through the respective Open-
End Master Fund or Closed-End Master Fund. Investors in the Funds are referred to herein as
“Fund investors.”
Nut Tree makes all investment and trading decisions on behalf of the Funds. Investment advice
is provided directly to the Funds according to the Funds’ investment objectives and not
individually to the Fund investors.
The founding partner and principal owner of Nut Tree is Jared R. Nussbaum.
The Open-Ended Funds commenced investment activities in February 2016 and the Closed-End
Funds commenced investment activities in April 2020.
As of December 31, 2023, Nut Tree manages approximately $4,143,687,000 in client assets on a
discretionary basis. Nut Tree does not manage assets on a non-discretionary basis.