Antipodean Advisors LLC was incorporated in January 2009 and began advising its first client on July 1,
2009. Antipodean is registered as an investment adviser with the SEC under the Investment Advisers
Act of 1940, as amended (the “Advisers Act”).
Antipodean acts as investment adviser with full investment discretion to a single private fund,
Antipodean Domestic Partners, LP (the “Fund”), a Delaware limited partnership. An affiliate, of
Antipodean, Antipodean Advisors GP LLC acts as general partner of the Fund (the “General Partner”).
The General Partner is registered with the SEC by way of and in reliance upon the registration of the
Adviser. The Adviser and the General Partner are filing a single form ADV based upon the SEC’s
expressed position in the American Bar Association No-Action Letter published on January 18, 2012.
As of December 31, 2023, the Regulatory Assets Under Management of Antipodean, which were 100%
attributable to the Fund, were $128,995,001
The principal owner of Antipodean Advisors LLC and Antipodean Advisors GP LLC is Mr. Eric Chen.
Antipodean does not have a physical office space, rather its employees work remotely from their homes.
As discussed, Antipodean only advises a single private fund, which is its single client. The Fund is a long-
short fund that focuses primarily on global equity securities. Antipodean strives to generate
performance returns through fundamental analysis.
The advisory services provided by Antipodean to the Fund are tailored to the investment objectives,
investment strategy and investment restrictions, if any, set forth in the offering documents of the Fund.
Antipodean does not tailor its advisory services or investment objectives or strategies to the requests or
needs of individual Fund investors. Investors are not permitted to restrict the Fund’s investments.
The Fund has and may from time to time, enter into agreements ("Side Letters") with certain prospective
or existing investors whereby such investors
are subject to terms and conditions that are more
advantageous than those set forth in the offering documents of the Fund. For example, such terms and
conditions may provide for special rights to make future investments in the Fund, other investment
vehicles or managed accounts, as appropriate; special withdrawal rights, relating to frequency, notice, a
reduction or rebate in fees or withdrawal penalties to be paid by the investor and/or other terms; rights
to receive reports from the Fund on a more frequent basis or that include information not provided to
other investors (including, without limitation, more detailed information regarding portfolio positions)
and such other rights as may be negotiated by the Fund and such investors. The modifications are solely
at the discretion of the Fund and may, among other things, be based on the size of the investor's
investment in the Fund or affiliated investment entity, an agreement by a limited partner to maintain
such investment in the Fund for a significant period of time, or other similar commitment by an investor
to the Fund.
The Fund is neither registered under the Securities Act of 1933, as amended, (the “Securities Act”) nor
registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”).
Accordingly, interests in the Fund are offered exclusively to investors satisfying the applicable eligibility
requirements in private placements with the United States. Investors in the Fund are both “accredited
investors” within the meaning of Regulation D of the Securities Act and “qualified purchasers” as
defined in Section 2(a)(51)(A) of the Investment Company Act.
For further description of Antipodean’s investment objectives and strategies and associated risks, please
see Item 8, Method of Analysis, Investment Strategies and Risk of Loss. Also, all Fund investors and
qualified potential investors should refer to the Fund’s Confidential Private Offering Memorandum and
other offering documents.