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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 19
of those in investment advisory functions 15 -6.25%
Registration SEC, Approved, 11/4/2011
AUM* 14,985,604,000 5.77%
of that, discretionary 14,985,604,000 5.77%
Private Fund GAV* 14,985,604,000 5.77%
Avg Account Size 7,492,802,000 5.77%
SMA’s No
Private Funds 1
Contact Info (20 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
19B 16B 13B 11B 8B 5B 3B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$14,985,604,000

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Brochure Summary

Overview

A. Himalaya Capital is a Delaware limited liability company founded in 1997. Li Lu (the “Portfolio Manager”) controls and is the principal owner of Himalaya Capital. References to “we,” “us,” or “our” herein refer to Himalaya Capital and its affiliates. B. We provide investment management services to a single mini-master fund structure comprised of Himalaya Capital Investors, L.P. (the “Master Fund”), a Delaware limited partnership formerly known as LL Investment Partners, L.P., and Himalaya Capital Investors (Offshore), L.P. (the “Offshore Feeder Fund,” collectively with the Master Fund, “HCI”), a Cayman Islands exempted limited partnership, whereby the Offshore Feeder Fund invests substantially all of its investable assets into the Master Fund. LL Group, LLC and LL Group (Offshore), LLC serve as the General Partners (each, a “GP”, and collectively “GPs”) of the Master Fund and the Offshore Feeder Fund, respectively. Both of the GPs are Delaware limited liability companies
under common control with Himalaya Capital. C. We manage HCI’s investments in accordance with investment objectives set forth in HCI’s Limited Partnership Agreements (“LPAs”). The investment management services Himalaya Capital provides to HCI includes control over HCI’s investment decisions, execution of discretionary trades in a manner consistent with HCI’s investment strategies, and arrangement and execution of certain administrative duties, including arranging for an annual financial audit and contracting with a fund administrator and other duties. HCI’s investors are admitted as limited partners (“Limited Partners”) but are not considered our clients. We generally do not provide any individualized investment advice or tailor our advisory services to the needs of Limited Partners. D. Himalaya Capital does not participate in wrap fee programs. E. As of December 31, 2023, we managed approximately $14,985,604,000 in regulatory assets under management on a discretionary basis.