9AT: SOVIERO ASSET MANAGEMENT, LP

other names

SOVIERO ASSET MANAGEMENT, LP

Adviser Profile

As of Date	03/28/2025
ADV Location	NEW YORK, NY, United States
Adviser Type - Large advisory firm
Number of Employees	6
of those in investment advisory functions	5
Registration	SEC, Approved, 07/29/2021
Other registrations (1)	SEC, ERA - Withdrawn, 06/28/2021
Former registrations	SOVIERO ASSET MANAGEMENT, LP

AUM^*	179,074,298 -26%
of that, discretionary	179,074,298 -29%
Private Fund GAV^*	179,074,298
Avg Account Size	59,691,433 -29%
SMA’s	No
Private Funds	3
Contact Info	212 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

Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$179,074,298

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser OAKVIEW CAPITAL MANAGEMENT, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM29.6m	#Funds-
Adviser RVX ASSET MANAGEMENT LLC	Hedge Fund3.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.6m	AUM100.1m	#Funds3
Adviser KAILASA CAPITAL MANAGEMENT LLC	Hedge Fund3.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV3.6m	AUM276.1m	#Funds1
Adviser HORIKO CAPITAL MANAGEMENT LLC	Hedge Fund210.3m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV210.3m	AUM369.0m	#Funds2
Adviser TALOMON CAPITAL LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM-	#Funds-
Adviser GALAXY INVESTMENT MANAGEMENT, LLC	Hedge Fund307.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV307.2m	AUM307.2m	#Funds5
Adviser TABOR ASSET MANAGEMENT, LP	Hedge Fund137.8m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV137.8m	AUM303.2m	#Funds3
Adviser RIVERMONT CAPITAL MANAGEMENT LP	Hedge Fund413.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV413.5m	AUM413.5m	#Funds4
Adviser REGENCY CAPITAL MANAGEMENT INC.	Hedge Fund2.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.1m	AUM303.8m	#Funds2
Adviser OWLS NEST PARTNERS	Hedge Fund254.4m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV254.4m	AUM472.9m	#Funds6

Brochure Summary

Overview

Soviero Asset Management, LP (“Adviser,” “we” or “us”) is a Delaware limited partnership that commenced business operations in June 2018. The Adviser is principally owned and controlled, directly or indirectly, by Thomas Soviero. We generally invest on behalf of our clients (as defined below) in long and short equity and credit investments in U.S. companies that we believe have leveraged capital structures (companies with debt or companies with debt-like obligations rated below investment grade), turnaround stories or potentially disruptive emerging technologies. We currently manage the following private investment funds (each, a “Fund” and, collectively, the “Funds”):
• Soviero Partners, LP;
• Soviero Offshore Fund, Ltd.; and
• Soviero Master Fund, LP. Soviero Advisors, LLC (the “General Partner”) is the general partner of Soviero Partners, LP and Soviero Master Fund, LP. Like the Adviser, the General Partner is principally owned and controlled, directly or indirectly, by Thomas Soviero. Unless and only to the extent that the context

otherwise requires, references to the Adviser, we or us herein are deemed to include references to the General Partner as well. We provide discretionary investment advice to the Funds. In the future, we may provide discretionary and/or non-discretionary investment advice to other private investment funds and/or separately managed accounts (collectively with the Funds, “clients”). The Funds are managed in accordance with their own investment and trading objectives, as described in their respective offering documents and/or governing agreements. We generally do not permit investors in the Funds that we manage to impose limitations on the investment activities described in the Funds’ offering documents. Under certain circumstances, we may contract with a client to adhere to limited risk and/or operating guidelines imposed by the client. We negotiate such arrangements on a case-by- case basis. As of December 31, 2023, we managed approximately $242,181,690 in regulatory assets under management on a discretionary basis. Currently, we do not manage any assets on a non-discretionary basis.

SOVIERO ASSET MANAGEMENT, LP

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Overview