Overview
Nokomis Capital, L.L.C., founded in October 2007, is an investment services firm
specializing in investment management for hedge funds and separately managed accounts
for certain clients. The principal owner of our firm is Brett A. Hendrickson.
We currently manage a private pooled investment master-feeder fund structure wherein
the feeder funds place their assets in the master fund and the investment program is
conducted at the master-fund level (collectively, the “fund clients”) and a separately
managed account for an institutional client (the “managed account client”). Although the
master fund described in Section 7.B.(1) of Schedule D of our Part 1A of Form ADV is
treated as our client for purposes of our Part 1A of Form ADV, the fund clients and the
managed account client are referred to collectively herein as our “clients”.
This firm brochure is not an offer to invest in our fund clients.
We perform a detailed analysis and modeling of individual companies for our clients
against a backdrop of analysis of pricing trends for various markets. We utilize a range of
investment strategies for our clients,
including investing in publicly traded equity
securities, both long and short, as well as in a broad array of other securities in public
markets. We employ a long/short strategy to both mitigate risk as well as maximize
returns.
For more information on the investment strategy of our clients, please see Item 5: Method
of Analysis, Investment Strategy and Risk of Loss.
Our firm tailors our advisory services in accordance with our clients’ needs and
investment strategy as disclosed in the offering documents of the feeder funds or the
managed account agreement, as applicable. Our clients generally may not impose
restrictions on our ability to invest in certain securities or types of securities, other than
the restrictions set forth in the offering documents of the feeder funds and the managed
account agreement with our managed account client, as applicable.
We do not participate in any wrap fee programs.
As of December 31, 2023, we manage $641,299,648 of client regulatory assets on a
discretionary basis. We do not manage any client assets on a non-discretionary basis.