Overview
ADVISORY FIRM DESCRIPTION
JCP Investment Management, LLC (“JCP,” the “Firm,” or the “Investment Manager”) has been in
business since April 9, 2009. The principal owner is James Christopher Pappas.
TYPES OF ADVISORY SERVICES
Currently, JCP provides investment advisory services on a discretionary basis to pooled
investment vehicles (“the Fund(s)”), sub-advised funds for investment managers, and Separately
Managed Accounts (“SMA(s)”) for high net worth individuals – collectively (“investment
account(s)”).
The Funds
Investment advisory services provided to the Funds include: (i) establishing the Funds’ investment
objectives, (ii) buying or selling portfolio securities on behalf of the Funds and (iii) periodically
reporting to each of the investors in the Funds in accordance with each Fund’s limited partnership
agreement. Refer to each respective Fund’s offering documents for more detailed information.
This brochure is not a public offer for investment in the Funds.
Certain Funds are comprised of series of limited partnership interests (“Series A,” “Series B,” or
“Series C”), each of which has specific redemption rights and fee structures. Each Fund’s offering
documents contain full descriptions of the Fund’s investment strategy, as well as each series’
respective redemption rights, fees, and risks.
Sub-advised Funds
Investment advisory services provided to sub-advised funds include: (i) defining an investment
strategy within the stated
investment objectives, (ii) buying or selling portfolio securities on
behalf of the account and (iii) periodic reporting per the sub-advisory agreement between JCP
and the sub-advised fund. This brochure is not a public offer for establishing a sub-advised fund
account.
Separately Managed Accounts
Investment advisory services provided to SMA clients include: (i) defining an investment strategy
within the stated investment objectives, (ii) buying or selling portfolio securities on behalf of the
client, and (iii) reporting to each client in accordance with the managed account agreement. This
brochure is not a public offer for establishing an SMA account.
TAILORED ADVISORY SERVICES
The Firm tailors its advisory services in accordance with client needs and investment strategies as
disclosed in each Fund’s offering documents, sub-advisory agreements, and SMA documents,
which allows for investing in a broad array of securities.
There are no material limitations on the markets or instruments in which the Funds, sub-advised
funds or SMA clients may invest or the strategies in which the Firm may employ. However, the
Funds, sub-advised funds, and SMA clients have a defined investment program which is disclosed
in each respective Fund’s offering documents or managed account agreements.
JCP does not participate in any wrap fee programs.
CLIENT ASSETS UNDER MANAGEMENT
As of December 31, 2023, the Firm had approximately $249,818,286 of discretionary assets under
management.