A. Overview of Sentinel Dome
Sentinel Dome Partners, LLC (the “Investment Manager” or “Sentinel Dome”) was formed in Delaware in
February 2014. The principal owner of the Investment Manager is Q. Munirul Alam. Mr. Alam is the head
of the Investment Manager and serves as its Chief Investment Officer.
The Investment Manager provides discretionary investment advice to pooled investment vehicles (the
“Funds”). Certain of the Funds are organized as master-feeder structures with each of 1) SDP Flagship
Fund, L.P., a Delaware limited partnership (the “Flagship Onshore Fund”) and SDP Flagship Offshore
Fund, Ltd., a Cayman Islands exempted company (the “Flagship Offshore Fund,” and together with the
Onshore Fund, the “Flagship Feeder Funds”) investing all or a portion of its assets in SDP Flagship Master
Fund, L.P., a Cayman Islands limited partnership (the “Flagship Master Fund”) and 2) SDP Opportunities
Fund, L.P., a Delaware limited partnership (the “Opportunities Onshore Fund”) and SDP Opportunities
Offshore Fund, Ltd., a Cayman Islands exempted company (the “Opportunities Offshore Fund,” and
together with the Opportunities Onshore Fund, the “Opportunities Feeder Funds”) investing all or a portion
of its assets in SDP Opportunities Master Fund, L.P., a Cayman Islands limited partnership (the
“Opportunities Master Fund”). The Investment Manager also provides discretionary investment advice to
SDP Special Situations LLC, a Fund organized as a Delaware limited liability company (the “Special
Situations Fund”). The Special Situations Fund is designed to consist of a series of interests, each of which
represents a separate pool of assets (each a “Series”). The Investment Manager serves as the manager of
the Special Situations Fund. The Investment Manager serves as the management company to Sentinel
Dome Credit Opportunities Fund I, L.P., a Fund organized as a Delaware limited partnership (“SDCO”).
Each Fund is governed by a limited partnership agreement, limited liability company agreement, a
confidential offering memorandum or similar governing document (together, “Fund Operative
Documents”) that specify the investment guidelines and investment restrictions applicable to the Fund. The
Fund Operative Documents, which is circulated to investors of each Fund (“Investors”) prior to their
investment, also contains information regarding the intended investment program for such Fund.
Affiliates of the Investment Manager serve as the general partner of the Flagship Onshore Fund,
Opportunities Onshore Fund, the Flagship Master Fund, and the Opportunities Master Fund (the “General
Partner”). An affiliate of the Investment Manager serves as a special member to the Special Situations
Fund (the “Special Member”). The General Partner and Special Member are under common control with,
and are related persons of, the Investment Manager. A general partner that is not owned or affiliated with
the Investment Manager (the “SDCO GP”) serves as the general partner to SDCO. The SDCO GP, General
Partner and Special Member retain management authority over the business and affairs of the Funds for
which each serves as general partner or special member, but has delegated the responsibility of managing
the Funds’ investment portfolios to the Investment Manager. The Investment Manager also serves as the
filing advisor for SDCO GP, which itself is a relying advisor. This Brochure sometimes refers to the General
Partner, Special Member, and the Investment Manager, together with their management affiliates, as
“Sentinel
Dome”.
In the future, Sentinel Dome may provide investment advisory services to additional private funds.
2. Managed Accounts
The Investment Manager acts as a sub-adviser and has discretionary authority over four externally-managed
pooled investment vehicles (the “Managed Accounts”), and in the future may advise additional managed
accounts. The Managed Accounts are governed by investment management or sub-advisory agreements
(the “Sub-advisory Agreements”) that specify the investment guidelines and investment restrictions of the
Managed Accounts.
B. Advisory Services Offered
Sentinel Dome utilizes a concentrated event-driven strategy in both the Flagship and Opportunities Funds
and certain Managed Accounts, and makes investments in marketable securities across the capital structure
(credit and equities). Generally, each Series of the Special Situations Fund invests in securities or other
obligations of a single issuer (and any related instruments or hedges). Sentinel Dome seeks to make
investments in stressed, distressed or other credit securities, term loans, revolving loans, debt obligations,
high-yield bonds, convertible securities, total return swaps, derivatives, senior equity and other similar
securities for SDCO. Please see Item 8 of this Brochure for more detailed descriptions of Sentinel Dome’s
investment strategies, methods of analysis, the types of securities Sentinel Dome will generally invest in
and material risks of loss.
1. Funds
The Investment Manager has full discretionary authority to manage the Funds. Among other things, this
means that the Investment Manager is authorized to make purchase and sale decisions for the Funds.
The Investment Manager has wide latitude in choosing investments and trading activities. Although the
Investment Manager intends to pursue the strategies and processes described in the Fund Operative
Documents, such documents do not expressly require it to do so. In fact, those documents impose no strict
limits on the types of securities or other instruments in which the Flagship or Opportunities Master Fund
may invest or the types of positions it may take, but they do offer general portfolio guidelines that the
Investment Manager has full discretion to change at any time.
Sentinel Dome does not tailor its advisory services to the individual needs of Investors and does not accept
Investor-imposed investment restrictions on the Funds. Notwithstanding the above, Sentinel Dome and/or
the Funds have entered, and may enter, into side letter or other arrangements (“Side Letters”) with certain
Investors prior to investment. Such Side Letters generally include heightened reporting, reduced
management fees and incentive fees. As a result of such Side Letters, certain Investors receive rights, terms
and other benefits that other Investors will not receive.
2. Managed Accounts
The Investment Manager manages the Managed Accounts and in the future may manage additional
managed accounts according to strategies that are similar to those of the Funds or otherwise. However, as
outlined in the Sub-advisory Agreements and with regard to potential future managed accounts, the
Investment Manager will tailor its advisory services to the investment objectives and/or restrictions
established by the underlying investor.
3. Wrap Fee Programs
Sentinel Dome does not participate in wrap fee programs.
C. Assets Under Management
As of December 31, 2023, the Investment Manager had $1,121,536,975 of total client regulatory assets
under management.