Overview
Maltese Capital Management, LLC (the “Adviser”) is an investment adviser with its principal place of
business in New York, New York that commenced operations as an investment adviser in 1996 and has
been registered with the Securities and Exchange Commission (the “SEC”) since November 17, 2010.
The Adviser changed its name in early 2015 from Sandler O’Neill Asset Management, LLC, as previously
disclosed in the Adviser’s amendment filing made as of January 1, 2015. Terry Maltese is the principal
owner of the Adviser.
The Adviser provides investment advisory services on a discretionary basis to client accounts that are
private pooled investment vehicles, including Malta Hedge Fund, L.P., Malta Hedge Fund II, L.P., Malta
Phoenix Partners, L.P., and Malta Phoenix Partners, L.P. Class B (each a “Domestic Fund”); and Malta
Market Neutral Master Fund, Ltd., Malta Titan Fund, L.P., and Malta Offshore, Ltd. (each an “Offshore
Fund”). Maltese Capital Holdings, LLC, an affiliate of the Adviser, serves as the general partner
to the
Domestic Funds and Malta Titan Fund, L.P. The Domestic Funds and the Offshore Funds are collectively
referred to as the “Funds.” The Adviser also provides investment advisory services on a discretionary
basis to client accounts that are separately managed accounts (the “SMAs,” and together with the Funds,
the “Clients”).
The Adviser provides advice to Clients based on their specific investment objectives, strategies and
investment restrictions. The Adviser does not tailor advisory services to the individual needs of investors
in the Funds. Investors in the Funds may not impose restrictions on investing in certain securities or
certain types of securities. Agreements governing SMAs are negotiated separately, and investment
restrictions for the SMAs are included in the governing documents for the SMAs (the “SMA Agreements”).
As of December 31, 2023, the Adviser had approximately $747 million regulatory assets under
management, all of which are managed on a discretionary basis.