Overview
Teewinot Capital Advisers, L.L.C. (“Teewinot”, “we” or the “Adviser”) is an investment management firm
founded in February 2003 by Michael Moriarty. Teewinot and certain relying advisers who act as
general partner to certain private funds (“General Partner”) have filed a single registration with the
United States Securities and Exchange Commission.
Mr. Moriarty is the sole equity owner, managing member and portfolio manager of Teewinot. Teewinot
serves as the investment manager to private funds (each a “Fund” and collectively, the “Funds”) and to
separately managed accounts (“SMAs”) established for institutional clients including other investment
advisers via sub-advisory relationships. The Funds listed below along with the SMAs together will be
referred to as the Clients throughout this brochure.
Summary of Accounts Under Management:
MJM Partners LP
Separately Managed Accounts
Limited Partnership Teewinot has seven SMAs
Launched 1990 with similar terms to
Domestic 3(c)1 those of the funds
Delaware
Dec 31 Year End
Teewinot Vista Master Fund, LP Teewinot Vista Fund, LP Teewinot Vista Fund, Ltd.
Master Fund Feeder Fund
Feeder Fund
Launched 2016 Launched 2016 Launched 2016
Offshore 3(c)1 Domestic 3(c)1 Offshore 3(c)1
Cayman Islands Delaware Cayman
Dec 31 Year End Dec 31 Year End Dec 31 Year End
Teewinot’s advisory services are focused on managing both long and short portfolios, primarily
composed of equity and equity-related instruments. There are both long-term and short-term
investments. The Funds are managed according to specific investment objectives and strategies as
discussed in each Fund’s Confidential Private Offering Memorandum (“Offering Document”). The SMAs
are managed according to their respective investment advisory agreements. For a further description of
Teewinot’s investment strategies and their associated risks please see Item 8, Method of Analysis,
Investment Strategies and Risk of Loss.
Teewinot does not tailor its advisory services to the individual needs of the underlying investors and
does not accept investor imposed investment restrictions.
As of December 31, 2023, Teewinot managed approximately $841,873,000 of assets under management
on a discretionary basis. Teewinot currently does not manage assets on a non-discretionary basis.