Hunter Point Capital LP, a Delaware limited partnership and a registered investment
adviser, and its affiliated investment advisers provide investment advisory services to investment
funds privately offered to qualified investors in the United States and elsewhere. The Adviser
commenced operations in June 2020.
The Adviser’s clients are private investment funds (each, a “Fund,” and collectively,
together with any future private investment fund to which the Adviser and/or its affiliates provide
investment advisory services, the “Funds”). In respect of the advisory services provided to the
Funds, the Adviser is affiliated with Hunter Point Capital GPFS LP (the “Relying Adviser”),
Hunter Point Capital GP LLC, Hunter Point Capital GPFS – Preferred GP LLC, and Hunter Point
Capital GPFS – NAV Lending GP LLC (each a “General Partner,” and together with any general
partner entities or equivalent governing entities established with respect to future Funds, the
“General Partners” and, together with the Adviser, the Relying Adviser and their affiliated
entities, “HPC”). Each General Partner is subject to the Advisers Act pursuant to the Adviser’s
registration in accordance with SEC guidance. This Brochure also describes the business practices
of the General Partners, which operate as a single advisory business together with the Adviser.
The Funds are private equity funds and invest through negotiated transactions primarily in
middle-market alternative asset managers as well as investment products and investment vehicles
advised by such managers (generally referred to herein as “portfolio companies” or “Underlying
Managers”). HPC’s investment advisory services to the Funds consist of identifying and
evaluating investment opportunities, negotiating the terms of investments, managing and
monitoring investments and achieving dispositions for such investments. HPC will focus on
providing capital, financing solutions, strategic advice, and other value-added services to the
portfolio companies.
HPC’s advisory services to the Funds are detailed in the relevant private placement
memoranda or other offering documents (each, a “Memorandum”), limited partnership or other
operating agreements of the Funds (each, a “Partnership Agreement” and, together with any
relevant Memorandum, the “Governing Documents”) and are further described below under
“Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds participate
in the overall investment program for the applicable Fund, but in certain circumstances are excused
from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant
to the Governing Documents;
such arrangements generally do not and will not create an adviser-
client relationship between HPC and any investor. The Funds or the General Partners reserve the
right to, and have entered into side letters or other similar agreements (“Side Letters”) with certain
investors that have the effect of establishing rights under, or altering or supplementing the terms
(including economic or other terms) of, the Governing Documents with respect to such investors.
Additionally, as permitted by the Governing Documents, the Adviser expects to provide (and has
agreed to provide) investment or co-investment opportunities (including the opportunity to
participate in co-invest vehicles) to certain current or prospective investors or other persons,
including other sponsors, market participants, finders, consultants and other service providers,
portfolio company management or personnel, HPC’s personnel and/or certain other persons
associated with HPC and/or its affiliates (e.g., a vehicle formed by HPC’s principals to co-invest
alongside a particular Fund’s transactions). Such co-investments typically involve investment
and disposal of interests in the applicable portfolio company at the same time and on the same
terms as a Fund making the investment. However, for strategic and other reasons, a co-investor or
co-invest vehicle (including a co-investing Fund) purchases a portion of an investment from one or
more Funds after such Funds have consummated their investment in the portfolio company (also
known as a post-closing sell- down or transfer), which generally will have been funded through
Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a
Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of
the investment to avoid any changes in valuation of the investment, but in certain instances could
be well after the Fund’s initial purchase. Where appropriate, and in HPC’s sole discretion, HPC
reserves the right to charge interest on the purchase to the co-investor or co-invest vehicle (or
otherwise equitably to adjust the purchase price under certain conditions), and to seek
reimbursement to the relevant Fund for related costs. However, to the extent any such amounts are
not so charged or reimbursed (including charges or reimbursements required pursuant to applicable
law), they generally will be borne by the relevant Fund.
As of December 31, 2023, the Adviser manages $4,058,489,678 of regulatory assets under
management on a discretionary basis. The Adviser does not manage any assets on a non-
discretionary basis. HPC is controlled by Bennett Goodman and Avshalom Kalichstein.