Overview
SPF’s portfolio management team provides discretionary investment advice to private investment
funds (the “Funds”) that may be organized as limited partnerships, limited liability companies, or
similar investment vehicles. SPF provides investment advice to, and exercises investment discretion
over, master-feeder hedge fund structures that include investments made through SPVs managed
by the same portfolio management team. The portfolio management team also provides risk
management, research and other investment support services and investment analysis services to
the Funds.
SPF also acts as a sub-adviser to a private fund managed by a registered investment adviser
unaffiliated with SPF (the “Sub-Advisory Account”).
SPF has entered into certain arrangements with a third-party regulatory hosting platform, Mirabella
Financial Services LLP (“Mirabella”), under which SPF has delegated certain discretionary
investment management and trading authority over a portion of certain Funds’ assets to Mirabella,
and under which employees of SPF’s affiliate SPF Investment Management (UK) Limited have
been seconded to Mirabella for the purposes of managing the relevant Fund assets.
SPF specializes in providing certain Funds with advice on a variety of structured credit products,
instruments, and exposures. SPF pursues this investment objective by investing in assets such as
residential and commercial mortgage
backed securities, collateralized debt obligations,
collateralized loan obligations, other asset backed securities, derivatives and other securitized
products, including regulatory capital transactions and non-performing loans, as well as other types
of asset classes, including preferred and common equity securities and equity-related investments,
investments in the energy and technology sectors and hedging investments that SPF believes are
appropriate. This includes instruments issued by U.S. and non-U.S. entities in the form of debt
securities, securitizations, private placements, forward contracts, options, futures contracts,
warrants, convertible securities, preferred and common equity securities (both private and public),
repurchase agreements, credit derivatives, credit default swaps and total return swaps.
SPF’s investment strategies are offered through third-party platforms or placement agents, while
investment advice is provided directly to each Fund and not individually to the investors of the
Funds by SPF. Accordingly, such services are tailored to such Fund’s investment objectives,
strategies and guidelines as described in the respective Fund’s offering documents.
SPF was founded in 2018 and is primarily owned by Mr. Albert Sohn. As of December 31, 2023,
the Company had regulatory assets under management on a discretionary basis of approximately
$3,591,143,282.