Overview
Maritime Partners is an investment advisory firm organized as a limited liability company under the laws
of the State of Delaware with its principal place of business in Metairie, Louisiana. Maritime Partners was
founded in May 2015 by E. Bickford (“Bick”) Brooks, who is the Chief Executive Officer, and Austin B.
Sperry, who is the President (collectively, the “Principals”). The Firm provides advisory services to private
funds as further described in this brochure.
Maritime Partners provides investment advice only with respect to limited types of investments,
specifically U.S. flagged maritime vessels and related assets (collectively, “maritime assets”). Maritime
Partners provides discretionary asset management and investment advisory services to a number of
privately offered pooled investment vehicles (the “Clients” or the “Funds”). Maritime Partners also serves
as the general partner or managing member to some of the Funds. In other cases, Maritime Partners is
the investment manager to such Funds and
makes investment recommendations to such Funds. In such
cases, the general partner or managing member of such Funds is an affiliate of Maritime Partners. See
also Item 10.C below.
Terms of investments, including Client objectives, limitations and strategies are governed exclusively by
the terms of the private placement memorandum, operating agreement, servicing agreement and/or an
investment management agreement (collectively, the “Governing Documents”) relating to each Fund.
Investors in the Funds to which Maritime Partners serves as an adviser (“Investors” or “Members”) cannot
generally place such investment restrictions upon Maritime Partners and may not tailor Maritime
Partners’ advisory services to their individual requirements.
Not applicable. Maritime Partners does not participate in, nor does it sponsor, wrap fee programs.
As of December 31, 2023, Maritime Partners managed approximately $3,057,329,259 of regulatory assets
under management on a discretionary basis.