9AT: AZORA CAPITAL LP

other names

AZORA CAPITAL LP
AZORA CAPITAL ADVISORS LLC (RELYING ADVISER)
AZORA CAPITAL, LP

Adviser Profile

As of Date	02/26/2025
Registration	SEC, Approved, 03/31/2017
ADV Location	MIAMI, FL, United States
Contact Info	212 xxxxxxx
Websites

AUM^*	2,665,640,000 71%
of that, discretionary	2,665,640,000 153%
Private Fund GAV^*	956,477,000
Avg Account Size	177,709,333 35%
SMA’s	No
Private Funds	5 1

Adviser Type

- Large advisory firm

Number of Employees 14 27%

of those in investment advisory functions 5 25%

Client Types

- Pooled investment vehicles
- Insurance companies
- Other

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

SEC Fund Type	Count	GAV
Fund TypeHedge Fund	Count5	GAV$956,477,000

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 AFFIRMATIVE INVESTMENT MANAGEMENT PARTNERS LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM1.1b	#Funds-
Adviser DEUTERIUM CAPITAL MANAGEMENT, LLC	Hedge Fund293.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV293.2m	AUM692.0m	#Funds6
Adviser 59 NORTH CAPITAL MANAGEMENT, LP	Hedge Fund4.1b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV4.1b	AUM4.2b	#Funds3
Adviser SOLEL PARTNERS LP	Hedge Fund1.2b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.2b	AUM1.2b	#Funds3
Adviser FORA CAPITAL, LLC	Hedge Fund1.3b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.3b	AUM1.3b	#Funds2
Adviser SEIGA ASSET MANAGEMENT LIMITED	Hedge Fund820.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV820.7m	AUM1.5b	#Funds6
Adviser AVALA GLOBAL LP	Hedge Fund2.7b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.7b	AUM2.7b	#Funds4
Adviser ABUNDANCE WEALTH COUNSELORS, LLC	Hedge Fund75.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV75.9m	AUM1.3b	#Funds3
Adviser TREE LINE MANAGEMENT	Hedge Fund1.4b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.4b	AUM1.4b	#Funds3
Adviser WALLACE CAPITAL MANAGEMENT, INC.	Hedge Fund135.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV135.7m	AUM1.4b	#Funds2

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker060505104	Stock NameBANK AMERICA CORP	$ Position$144,424,038	% Position7.00%	$ Change3.00%	# Change-6.00%
Stck Ticker50212V100	Stock NameLPL FINL HLDGS INC	$ Position$117,558,008	% Position5.00%	$ Change-34.00%	# Change-25.00%
Stck Ticker89832Q109	Stock NameTRUIST FINL CORP	$ Position$115,417,397	% Position5.00%	$ Change	# Change
Stck Ticker919794107	Stock NameVALLEY NATL BANCORP	$ Position$103,119,821	% Position5.00%	$ Change	# Change
Stck Ticker947890109	Stock NameWEBSTER FINL CORP	$ Position$84,135,002	% Position4.00%	$ Change-18.00%	# Change-25.00%
Stck Ticker97717P104	Stock NameWISDOMTREE INC	$ Position$78,242,155	% Position4.00%	$ Change-4.00%	# Change-20.00%
Stck Ticker88224Q107	Stock NameTEXAS CAP BANCSHARES INC	$ Position$87,624,897	% Position4.00%	$ Change19.00%	# Change11.00%
Stck Ticker459044103	Stock NameINTERNATIONAL BANCSHARES COR	$ Position$77,574,819	% Position4.00%	$ Change7.00%	# Change4.00%
Stck Ticker354613101	Stock NameFRANKLIN RESOURCES INC	$ Position$74,998,331	% Position3.00%	$ Change-1.00%	# Change2.00%
Stck Ticker320517105	Stock NameFIRST HORIZON CORPORATION	$ Position$60,339,330	% Position3.00%	$ Change9.00%	# Change2.00%

Brochure Summary

Overview

Azora Capital LP (“Advisor,” “we” or “us”) is a Delaware limited partnership that was formed in June 2016. We are principally owned by Ravi Chopra. We advise Azora Onshore Fund, LP (the “Onshore Fund”), Azora Offshore Fund, Ltd. (the “Offshore Fund,” and together with the Onshore Fund, the “Feeder Funds”), Azora Master Fund, LP (the “Master Fund”), Azora Next Gen Fund LP (the “NextGen Fund”) and together with the Feeder Funds and Master Fund,” the “Funds”), and separately managed accounts (the “Managed Accounts,” and collectively, the “client” or “clients”). Azora Capital Advisors LLC is the general partner (the “General Partner”) of the Onshore Fund, the Master Fund and the NextGen Fund. Like the Advisor, the General Partner is principally owned by Ravi Chopra. The General Partner is a “relying adviser” as that term is described in the SEC Staff No-Action Letter, dated January 18, 2012, to the American Bar Association, Business Law Section. Unless and only to the extent that the context otherwise requires, references to Advisor herein are deemed to include references to the General Partner.

We provide discretionary investment advice to the clients. Notwithstanding the foregoing, we are required to invest all investable capital of the Feeder Funds in the Master Fund. Our general investment and trading objective with respect to our clients is to generate consistently attractive risk-adjusted returns primarily by employing a fundamental, long/short equity strategy. Our strategy is primarily focused on the financial services sector. However, we may invest opportunistically in any other sector in our discretion. We generally do not permit investors in the private investment funds we manage to impose limitations on the investment activities described in the offering documents for those funds. Under certain circumstances, we may contract with a client to adhere to limited risk and/or operating guidelines imposed by the client. We negotiate such arrangements on a case by case basis. (See Item 16 “Investment Discretion.”) As of December 31, 2023, we had $1,556,978,315 in regulatory assets under our management on a discretionary basis.

AZORA CAPITAL LP

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Top Holdings

Brochure Summary

Overview