Overview
SouthOcean Capital Partners, LLC (“SouthOcean”) was founded in April 2014 and is organized as a
Delaware limited liability company. SouthOcean is wholly owned by HRC Investments, LLC, a Delaware
limited liability company indirectly owned by members of the Horvitz and Roth families, and Timothy E.
Bannon.
SouthOcean provides discretionary investment advisory services to privately offered real estate pooled
investment vehicles exempt from registration under the Investment Company Act of 1940, as amended,
organized by SouthOcean affiliates (collectively, the “SouthOcean Funds” or the “Funds”). Use of the term
Funds throughout this Brochure also includes co-investment vehicles and long-term hold investment
vehicles organized by SouthOcean. At this time, the Funds are SouthOcean’s only clients. We may, in the
future, organize additional investment vehicles or manage separately managed accounts that follow an
investment program similar to or different from the investment program of the Funds.
SouthOcean manages the Funds in a manner consistent
with the investment strategy described in the
Funds’ offering documents. SouthOcean does not provide specifically tailored advice to investors in the
Funds. Any investment restrictions applicable to the Funds are set forth in the organization or offering
documents of each respective Fund.
As of December 31, 2023, SouthOcean’s regulatory assets under management were approximately
$630,536,002, all of which are managed on a discretionary basis.
Other Business
In addition to its investment advisory business, which is SouthOcean’s primary business, SouthOcean
provides non-discretionary, impersonal consulting services to an unaffiliated family office. From time to
time, SouthOcean may also provide management and administrative services to certain vehicles
established for the purpose of making investments which are not suitable for one of SouthOcean’s existing
real estate Funds, or for monitoring investments which were made during a period of time when none of
the existing Funds had an open commitment period.