Overview
The Adviser
Kensico was founded in January 2000 by Michael Lowenstein and Thomas Coleman, who remain its
principal owners. Kensico is a Delaware corporation and currently has a single office located in Greenwich,
Connecticut.
Advisory Services
Kensico provides investment advisory services on a discretionary basis to private investment funds (each a
“Fund” and, collectively, the “Funds”). Interests in the Funds are offered to sophisticated and institutional
investors on a private placement basis. The Funds are exempt from registration under the Investment
Company Act of 1940, and interests in the Funds are exempt from registration under the Securities Act of
1933.
Kensico currently advises Kensico Associates, L.P. (the “Onshore Fund”), as well as a master-feeder
structure consisting of Kensico Offshore Fund, Ltd. (the “Offshore Feeder Fund”) and Kensico Offshore
Fund Master, Ltd (the “Offshore Master Fund”). The Offshore Feeder Fund invests substantially all of its
assets in the Offshore
Master Fund (and both of these funds are referred to collectively as the “Offshore
Funds”).
Kensico Capital L.L.C., an affiliated entity formed as a Delaware Limited Liability Company, serves as
general partner for the Onshore Fund and as a shareholder of the Offshore Master Fund.
Kensico may act as investment adviser for other entities or accounts in the future.
Investment Strategies and Types of Investments
Please see Item 8 below for a description of the investment strategies employed by Kensico for the Funds
and certain material risks inherent in those strategies. Additional information about the Funds’ investment
strategies, objectives and risks is included in the respective confidential offering memorandum for each
Fund.
Kensico does not participate in wrap fee programs.
Assets Under Management
As of December 31, 2023, Kensico managed approximately $2,892,094,000 of client net assets on a
discretionary basis and did not manage any assets on a non-discretionary basis.