9AT: LONG FOCUS CAPITAL MANAGEMENT LLC

other names

LONG FOCUS CAPITAL MANAGEMENT LLC

Adviser Profile

As of Date	03/30/2026
Registration	SEC, Approved, 12/09/2022
ADV Location	SAN JUAN, PR, United States
Contact Info	(78 xxxxxxx

AUM^*	2,436,534,455 266%
of that, discretionary	2,436,534,455 266%
Private Fund GAV^*	1,745,725,803 46%
Avg Account Size	609,133,614 174%
SMA’s	No
Private Funds	3

Adviser Type

- Large advisory firm

Number of Employees 11 120%

of those in investment advisory functions 6 100%

Client Types

- Pooled investment vehicles
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

SEC Fund Type	Count	GAV
Fund TypeHedge Fund	Count3	GAV$1,745,725,803

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 JONES ROAD CAPITAL MANAGEMENT, L.P.	Hedge Fund49.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV49.5m	AUM350.4m	#Funds3
Adviser ADVANTAGE ALPHA CAPITAL PARTNERS LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM521.4m	#Funds-
Adviser UNTITLED INVESTMENTS LP	Hedge Fund574.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV574.0m	AUM574.0m	#Funds4
Adviser JASPER CAPITAL HONG KONG LIMITED	Hedge Fund16.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV16.5m	AUM118.5m	#Funds1
Adviser TOWER HOUSE PARTNERS LLP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM493.4m	#Funds-
Adviser CROW'S NEST HOLDINGS LP	Hedge Fund634.9m	Liquidity Fund-	Private Equity Fund1.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV636.6m	AUM636.6m	#Funds5
Adviser VERSO PARTNERS	Hedge Fund521.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV521.6m	AUM521.6m	#Funds7
Adviser GRAFTON STREET PARTNERS	Hedge Fund1.1b	Liquidity Fund-	Private Equity Fund45.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.2b	AUM1.2b	#Funds9
Adviser SPEECE THORSON CAPITAL GROUP INC	Hedge Fund126.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV126.0m	AUM469.0m	#Funds1
Adviser EAST COAST ASSET MANAGEMENT, LLC	Hedge Fund121.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV121.7m	AUM1.0b	#Funds1

Brochure Summary

Overview

LFCM was founded in 2013 and it is wholly-owned by Long Focus Capital Holdings Inc. which is wholly owned by John B. Helmers. LFCM provides discretionary investment advice to its clients, including U.S. and non-U.S. private investment funds that operate in a master-feeder structure. These private investment funds are Long Focus Capital, LLC (the “Onshore Feeder”), Long Focus Capital Offshore, Ltd. (the “Offshore Feeder” and collectively with the Onshore Fund, the “Feeder Funds”) and Long Focus Capital Master, Ltd. (the “Master Fund” and together with the Onshore Feeder and the Offshore Feeder, the “Private Funds,” or the “Funds” and each, a “Private Fund” or a “Fund”). The Feeder Funds will invest all their assets in, and conduct all their investment and trading activities through, the Master Fund. The Funds will not be required to be registered under the Investment Company Act of 1940, as amended (the “1940 Act”), because they will rely on the Section (3)(c)(7) exclusion from the definition of investment company under the 1940 Act. Investments in the Feeder Funds will be privately offered only to eligible investors. See Item 7 below for information about eligible investors. See Item 8 below

for a discussion of investment strategies, methods of analysis employed by LFCM in managing the Funds and a summary of material risks related to those investment strategies and methods of analysis. LFCM’s affiliate, Long Focus Capital Partners LLC (“Long Focus Capital Partners”) is the manager (the “Manager”) of the Onshore Feeder and, in that capacity, has delegated to LFCM discretionary authority to manage all investment and trading activities of the Offshore Fund, and for the Offshore Fund’s administration and day-to-day business operations. The relationship between LFCM and the Funds will be governed by the Funds’ operating agreements, and the Feeder Funds’ confidential offering memoranda (each a “Memorandum”), subscription agreements, and any exhibits, supplements or amendments thereto (all the foregoing, collectively, the “Offering Documents”) and the terms of the investment advisory agreement between LFCM and the Funds. The Funds’ investment objectives and restrictions will be set forth in the Offering Documents. LFCM does not participate as manager or investment adviser in any wrap fee programs. As of December 31, 2023, LFCM manages $666,407,711 of “Regulatory Assets Under Management” on a discretionary basis.

LONG FOCUS CAPITAL MANAGEMENT LLC

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

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Brochure Summary

Overview