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Adviser Profile

As of Date 03/15/2024
Adviser Type - Large advisory firm
Number of Employees 11 -8.33%
of those in investment advisory functions 5 -16.67%
Registration SEC, Approved, 4/29/1997
AUM* 1,424,497,608 24.92%
of that, discretionary 1,424,497,608 24.92%
Private Fund GAV* 1,071,491,049 26.45%
Avg Account Size 178,062,201 71.76%
% High Net Worth 62.50% 37.50%
SMA’s Yes
Private Funds 2
Contact Info 212 xxxxxxx
Websites

Client Types

- High net worth individuals
- Pooled investment vehicles
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 977M 815M 652M 489M 326M 163M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$1,071,491,049

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Brochure Summary

Overview

Identify your principal owner(s). This Form ADV Part 2A is applicable to Peconic Partners LLC (“Peconic”), a New York limited liability company that has been registered as an investment adviser with the U.S. Securities & Exchange Commission (“SEC”) since its formation in 1997. Peconic provides discretionary investment advisory services to its clients. The clients consist of private investment funds (the “Peconic Funds”) and individual separate accounts (the “Separate Accounts”, and together with the Peconic Funds, the “Advisory Clients”). Peconic currently provides discretionary investment advisory services to the following Peconic Funds: o Peconic Grenadier Fund L.P., a New York limited partnership (the “Grenadier Fund”); and o Peconic Partners Insurance Fund L.P., a Delaware limited partnership (the “Insurance Fund”). A majority of the Grenadier Fund is currently owned and controlled by William F. Harnisch, principal owner (“Principal Owner”) of Peconic. A majority of the Separate Accounts consist of accounts controlled either by the Principal Owner, his family, or trusts related to his family (“Harnisch Accounts”) or accounts controlled by a Portfolio Manager or other members of Peconic’s senior management (“Peconic Separate Accounts”, together with the Harnisch Accounts, the “Proprietary Separate Accounts”). These accounts have considerable overlap in strategy to the other Peconic Advisory Clients. Peconic provides services to the Proprietary Separate Accounts on a no-advisory fee basis. Peconic serves as the investment adviser and an affiliate of Peconic, Peconic Asset Managers LLC ( “Peconic Asset Managers”), serves as the general partner to the Grenadier Fund. Peconic serves as both the general partner and the investment adviser to the Insurance Fund. specializing in a particular type of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that service in greater detail. If you provide investment advice only with respect to limited types of investments, explain the type of investment advice you offer, and disclose that your advice is limited to those types of investments. Peconic has broad and flexible investment authority with respect to the Advisory Clients. The primary objective of the Advisory Clients is to seek long-term positive returns regardless of market conditions by identifying significant trends that extend beyond economic cycles. Investments include all types of publicly traded domestic and foreign securities and other publicly traded business interests, including put and call options (exchange listed and unlisted), warrants, debt instruments and money market instruments and in all rights and options relating thereto and, for hedging purposes, may enter into transactions in futures contracts on financial instruments, options on stocks and stock indices and derivatives. Investments may also include securities which are not actively traded, or incidental to other
investments, in securities for which there is no existing public market and where size or circumstances have created a relatively illiquid market, or securities for which there are legal or contractual restrictions on resale. Advisory Clients may also purchase securities directly from the issuers and from such issuers’ shareholders through privately negotiated transactions. Investments may also include futures and commodity interests with respect to United States and foreign securities, stock indices thereon, interest rates and foreign currencies for the purpose of hedging against changes in value of the Advisory Clients’ securities or changes in the prevailing levels of interest and rates or currency exchange rates. individual needs of clients. Explain whether clients may impose restrictions on investing in certain securities or types of securities. In providing investment advice to the Peconic Funds, Peconic neither tailors its advisory services to the individual needs of investors nor accepts investor- imposed investment restrictions. Peconic also currently provides investment advice to certain Separate Accounts. The investment objectives of such Separate Accounts may be tailored to the specific investor and/or be subject to different terms and/or fees than those of the Peconic Funds. As noted in Item 4.A above, Peconic provides services to the Proprietary Separate Accounts on a no-advisory fee basis. Such investment objectives, fee arrangements and terms are individually negotiated, and it should be noted that any such Separate Account relationships are generally subject to significant account minimums. Further, Peconic may establish additional Separate Accounts in the future. The Peconic Funds, without any further act, approval or vote of any investor, may enter into side letters or other writings with individual investors which have the effect of establishing rights under, or altering or supplementing the respective Peconic Fund’s offering terms. Any rights established, or any offering terms altered or supplemented, in a side letter with an investor will govern solely with respect to such investor (but not any of such investor’s assignees or transferees unless so specified in such side letter) notwithstanding any other provision of the limited partnership agreement or articles and memorandum of association, as applicable. services, (1) describe the differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2) explain that you receive a portion of the wrap fee for your services. Not applicable. Peconic does not participate in wrap fee programs. discretionary basis and the amount of client assets you manage on a non- discretionary basis. Disclose the date “as of” which you calculated the amounts. As of December 31, 2023, Peconic has $1,424,497,608 in regulatory assets under management on a discretionary basis. Peconic does not currently have any regulatory assets under management on a non-discretionary basis.