THORNTREE CAPITAL PARTNERS LP

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 9
of those in investment advisory functions 6
Registration SEC, Approved, 5/31/2016
AUM* 752,295,521 31.94%
of that, discretionary 752,295,521 31.94%
Private Fund GAV* 752,295,521 31.94%
Avg Account Size 125,382,587 31.94%
SMA’s No
Private Funds 3
Contact Info 617 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
986M 845M 704M 564M 423M 282M 141M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$725,498,524
Fund TypePrivate Equity Fund Count2 GAV$26,796,997

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser MERCED CAPITAL, L.P. Hedge Fund109.3m Liquidity Fund- Private Equity Fund441.9m Real Estate Fund84.7m Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV635.9m AUM635.9m #Funds7
Adviser BOW STREET LLC Hedge Fund84.4m Liquidity Fund- Private Equity Fund344.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV429.0m AUM608.1m #Funds6
Adviser COOK PINE CAPITAL LLC Hedge Fund68.6m Liquidity Fund- Private Equity Fund191.7m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV260.3m AUM409.2m #Funds3
Adviser HIDDEN LAKE ASSET MANAGEMENT LP Hedge Fund387.1m Liquidity Fund- Private Equity Fund2.5m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV389.6m AUM389.6m #Funds4
Adviser BOSTWICK CAPITAL LLC Hedge Fund138.7m Liquidity Fund- Private Equity Fund121.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV260.2m AUM260.2m #Funds4
Adviser GFO ADVISORY SERVICES, LLC Hedge Fund235.9m Liquidity Fund- Private Equity Fund5.2m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV241.0m AUM257.0m #Funds9
Adviser RESOLUTE CAPITAL ASSET PARTNERS LLC Hedge Fund230.0m Liquidity Fund- Private Equity Fund54.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV284.4m AUM284.4m #Funds3
Adviser HONEYCOMB ASSET MANAGEMENT LP Hedge Fund728.8m Liquidity Fund- Private Equity Fund19.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV748.3m AUM748.3m #Funds3
Adviser HOUSE HANOVER LLC Hedge Fund16.4m Liquidity Fund- Private Equity Fund45.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV62.0m AUM93.9m #Funds3
Adviser OCTAGON CAPITAL ADVISORS LP Hedge Fund834.2m Liquidity Fund- Private Equity Fund117.5m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV951.8m AUM951.8m #Funds3

Brochure Summary

Overview

ThornTree Capital Partners LP (“ThornTree”), a Delaware limited partnership, provides discretionary investment management services to several pooled investment vehicles (“private fund clients” or “Clients”). Formed in November 2015, ThornTree is wholly owned and controlled by Mark C. Moore and his affiliated estate planning entities and trusts. Mr. Moore is the founder, Managing Partner and Chief Investment Officer of ThornTree (“Founder” or “Managing Partner”). Our investment objective is to generate strong risk-adjusted returns over the course of various market cycles through a concentrated portfolio consisting of global public long/short and private equity investments. In carrying out our investment strategy, we typically take positions in listed equities, ADRs and GDRs, as well as contracts for differences and total return swaps on the foregoing. We also trade instruments listed on both U.S. and non-U.S. exchanges and at times may trade U.S. and non-U.S. currencies for hedging purposes as well as other securities for cash management purposes. We also may invest a portion of our private fund client assets in private companies (“Private Investments”). Such Private Investments are expected to be comprised substantially of equity investments in early stage, business growth opportunities.
Additional information about ThornTree investment strategies and associated risks can be found in greater detail below in Item 8, Methods of Analysis, Investment Strategies and Risk of Loss. The investment activities of ThornTree are led by Mr. Moore, who also oversees the implementation of the investment strategy and various portfolio and risk management matters. In providing services to the private fund clients, among other things, ThornTree manages assets in accordance with the terms of the applicable governing documents. ThornTree provides investment advice directly to the private fund clients and not individually to a Client’s limited partners, shareholders, or fund investors (collectively “Fund Investors”). Investment restrictions for the private fund clients are generally established in the applicable governing document such as a limited partnership agreement or private placement memorandum (collectively “Fund Governing Documents”). An affiliate of our firm controlled by Mr. Moore, ThornTree Capital GP LLC (the “General Partner”), a Delaware limited liability company, serves as the general partner to the private fund clients. As of December 31, 2023, ThornTree had regulatory assets under management of approximately $752,295,521, all of which are managed on a discretionary basis.