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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 14 -17.65%
of those in investment advisory functions 9 -47.06%
Registration SEC, Approved, 6/2/2016
AUM* 1,668,708,323 -41.67%
of that, discretionary 1,668,708,323 -41.67%
Private Fund GAV* 79,379,692 -79.77%
Avg Account Size 238,386,903 16.66%
SMA’s No
Private Funds 1
Contact Info 312 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
3B 2B 2B 2B 1B 820M 410M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$79,379,692

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Brochure Summary

Overview

Firm Description Founded in December 2015, Gillson Capital LP, a Delaware limited partnership, together with its general partner (unless otherwise specified) (“Gillson Capital”, the “Investment Manager” or the “Firm”), is a hedge fund manager with a focus in the financial services sector. The Investment Manager employs a fundamental market and factor neutral long/short equity strategy focused on the global financial services sector. This approach includes identification of emerging trends, analysis of their impact at the sector and company level and understanding the motivations of consensus investors. Gillson Capital seeks to create a diversified portfolio of opportunities across financial subsectors based on compelling risk/reward ratios and idiosyncratic drivers. Investment Advisory Services Gillson Capital serves as the Investment Manager for and provides discretionary investment advisory services to the following investment clients: (i) Gillson Capital Master Fund LP, a Cayman Islands exempted limited partnership (the “Master Fund”), which is comprised of Gillson Capital Onshore Fund LP, a Delaware limited partnership (the “Onshore Fund”) (the Onshore Fund, also referred to as the “Feeder Fund” and together with the Master Fund, the “Fund”); and (ii) other private funds or sub-accounts of other private funds managed by unaffiliated third-party investment advisers (“Third- Party Funds” and together with the Fund, “Clients”). The Clients generally share the same investment objectives and investment strategies. The purpose of the Master Fund is to achieve certain administrative efficiencies; the Master Fund has no investors other than the Feeder Fund, the Fund’s general partner and certain Gillson Capital employees. With regard to the management of the Fund, pursuant to the offering memoranda, private placement memoranda, investment management agreements, limited partnership documents and any other organizational documents and side letters (the “Governing Documents”), the Investment Manager is responsible for the Fund’s day-to-day management and has ultimate authority over all investment decisions, asset acquisitions and dispositions, distributions and Fund affairs generally, subject, as applicable, to the policies and control of the Fund general partner (the “General Partner”). Gillson Capital does not require, nor does it seek, approval from the Fund or the investors in the Fund with respect to its trading, nor does it accept investment restrictions imposed by such investors (although it is permitted, in certain circumstances, to exclude certain investors from certain investments made by the Fund). For more information about the Fund, or the General Partner, please see Gillson Capital’s Form ADV Part 1, Schedule D, 7.A.(1) and 7.B.(1). With regard to the management of the Third-Party Funds,
Gillson Capital’s authority is established with each such Client on a Client-by-Client basis and memorialized in an investment management agreement with each Client at the time of the commencement of the relationship. The Investment Manager is similarly responsible for the day-to-day management of the Third-Party Funds and does not require, nor does it seek, approval from the Third-Party Funds with respect to trading for such Client. For more information about the Third-Party Funds, please see Gillson Capital’s Form ADV Part 1, Schedule D, 7.B(2). Investment advice is provided directly to the Clients and not individually to investors in the Clients. With regard to the Fund, while Gillson Capital does not tailor its advisory services to the individual needs of investors in the Fund, in order to comply with certain legal and regulatory requirements, there can be instances when an investor does not participate in an investment by the Fund (such as with respect to “new issues”) and appropriate measures will be taken by the respective Fund to comply with such laws and regulations. In addition, in accordance with industry common practice, Gillson Capital has entered into side letters or similar agreements with certain Fund investors (generally including those who make substantial commitments of capital) that have the effect of establishing rights under, or altering or supplementing, the Fund’s Governing Documents. Examples of side letter rights entered into include portfolio transparency rights, reduced fees and “most favored nations” protection. Side letter provisions are not always made available to all investors nor, consistent with general market practice, are they required to be disclosed to all investors. Side letter provisions are negotiated prior to investment and once invested in a Fund, investors generally cannot impose additional investment guidelines or restrictions on such Fund. There can be no assurance that the side letter rights granted to one or more investors will not in certain cases disadvantage other investors. With regard to the Third-Party Funds, investment advice is tailored to the specific Client as negotiated and memorialized in their investment management agreement. Investors in the Third-Party Funds are permitted to customize the services obtained on their behalf. Regulatory Assets Under Management As of March 27, 2024, Gillson Capital has regulatory assets under management of approximately $1,668,708,323, all of which are managed on a discretionary basis in Gillson Capital’s sole discretion. Principal Owners/Ownership Structure The Investment Manager is owned by Gillson Capital (GP) LLC, a Delaware limited liability company, controlled by Daniel Johnson, the Firm’s Founder and Portfolio Manager (the “Principal”). For more information about Gillson Capital’s owners and executive officers, see Gillson Capital’s Form ADV Part 1, Schedule A.