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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 6 -14.29%
of those in investment advisory functions 4 -20.00%
Registration SEC, Approved, 2/19/2021
AUM* 182,100,000 80.30%
of that, discretionary 182,100,000 80.30%
Private Fund GAV* 152,100,000 51.20%
Avg Account Size 16,554,545 80.30%
SMA’s No
Private Funds 11
Contact Info 516 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
178M 153M 127M 102M 76M 51M 25M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$38,000,000
Fund TypePrivate Equity Fund Count2 GAV$101,400,000
Fund TypeOther Private Fund Count6 GAV$12,700,000

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Brochure Summary

Overview

Triatomic Management LP a limited partnership (the “Investment Manager”) organized under the laws of the state of Delaware, United States, is registered with the Securities and Exchange Commission (the “SEC”) as an investment adviser under the Investment Advisers Act of 1940 (“Advisers Act”). Xiaotong (Peter) Zhou (the “Principal”) controls Triatomic Management GP LLC, its General Partner. Triatomic Management LP, a Delaware limited partnership (the “Investment Manager”), serves as the investment manager to Triatomic Capital Hybrid LP, (the “Partnership”), Triatomic Capital Hybrid Offshore Ltd. (the “Offshore Fund”), Triatomic Capital Hybrid Master LP, (the “Master Fund”) (collectively, the “Triatomic Funds” or “Funds”) and special purpose vehicles (collectively, the “Triatomic SPVs” or “SPVs”). Triatomic Management GP LLC, a Delaware limited liability company (the “General Partner”), serves as the general partner of the Investment Manager. The Principal and/or entities owned or controlled by him or for the benefit of him and his family will control Triatomic Management GP LLC. The Investment Manager has established, Hongkou Opportunity Fund II LP, Hongkou Opportunity Fund III, LP, Hongkou Opportunity Fund IV, LP Hongkou Opportunity Fund V, LP, Triatomic Opportunity Fund I LP, Triatomic Opportunity Fund II LP and Triatomic Opportunity Fund III LP as special purpose vehicles (collectively, the “special purpose vehicles” or “SPVs”) based upon their respective investment objectives. Hongkou Opportunity GP LLC, a Delaware limited liability company serves as the General Partner. A “master-feeder” structure has been established to achieve certain trading and administrative efficiencies. Each of the Partnership and Triatomic Capital Hybrid Offshore Ltd., a Cayman Islands exempted company (the “Offshore Fund”), which pursues an investment program the same as that of the Partnership, invests all of its investable assets in, and is a feeder fund and limited partner of, Triatomic Capital Hybrid Master LP, a Cayman Islands exempted limited partnership (the “Master Fund”).The Principal and key members of the Investment Manager’s investment team (collectively, the “Investment Team”) are responsible for implementing the investment objective and strategies of the Partnership and the Master Fund. Pursuant to the terms of an investment management agreement among the Investment Manager and the Funds (the “Investment Management Agreement”), the Investment Manager is responsible for certain investment management and administrative responsibilities with respect to the Funds and SPVs and will bear certain expenses
associated with running its business and the business of the Funds and SPVs. The Investment Manager will be responsible for and will pay, or cause to be paid, all of its ordinary overhead expenses, including rent, furniture, fixtures, equipment, office supplies, clerical expenses and all salaries, bonuses and benefits paid to, or on behalf of, personnel of the Investment Manager. The Investment Manager has also established Triatomic Capital Private I, LP and Triatomic Capital Offshore Private I, LP (the “Private Funds”). The Private Funds will seek to invest in businesses and technologies led by strong entrepreneurs. The Investment Manager will focus on three core areas to identify businesses and technologies that will define this century. Investments will be made globally in Deep Tech, New Economy and Health Tech. The Investment Manager will invest at all stages of innovation. There are no predefined limits in terms of industry/sector or geography concentrations. The Investment Manager will employ a thematic investment strategy and will invest primarily in the following five general themes; Engineered Biology, New Energy, Next Generation Computing, Engineered Materials and Automated Economy. It is anticipated the Fund will invest in approximately ten seed deals at ~$1MM per transaction; twenty early- stage deals at ~$10MM per transaction; and five growth stage deals at ~$30MM per transaction. The Investment Manager will reserve thirty-three percent of committed capital for follow-on investments. The Investment Manager will model businesses with a five year and ten-year time horizon. The interests are not and will not be registered with the Securities and Exchange Commission (the “SEC”) in reliance upon an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). As a result, the transferability of the interests will be restricted. The Partnership and the Master Fund are not registered, and do not intend to register, as investment companies pursuant to the Investment Company Act of 1940, as amended (the “Investment Company Act”), in reliance upon the exclusion afforded by Section 3(c)(7) thereof. In general, Section 3(c)(7) permits private investment companies to sell their interests, on a private placement basis, to an unlimited number of “qualified purchasers.” Triatomic does not participate in wrap fee programs. As of December 2023, Triatomic managed client regulatory assets of approximately $182.1 million, all of which is managed on a discretionary basis.