Overview
Alight Capital is a Delaware limited partnership that was formed in 2014 specifically in
order to manage the Funds (defined below) and is responsible for the day-to-day operations and
the investment decisions of the Funds. The general partners of Alight Capital are Alight DP LLC
and Alight Capital Partners LLC, each a Delaware limited liability company. Dipak Patel (the
“Principal”), the managing member and owner of Alight DP LLC, Alight Capital Partners LLC
and Shree Hari Partners LLC, owns and controls Alight Capital. The investment activities of
Alight Capital are led by the Principal along with a number of other investment professionals who
work with the Principal to effect Alight Capital’s investment strategy.
Alight Capital provides discretionary investment advice to certain private investment funds
(collectively, the “Funds”). The Funds are organized as a master-feeder structure such that an
onshore fund (“Onshore Fund”) and an offshore fund (“Offshore Fund” and together with the
Onshore Fund, the “Feeder Funds”) invest substantially all of their capital in
a master fund
(“Master Fund”). All trading occurs at the Master Fund level.
The Funds’ objective is to generate attractive returns through fundamentally-based
investing and trading in the equity securities generally of U.S. issuers, focusing on a variety of
sectors including the technology, media and telecommunications (“TMT”), consumer/retail,
transportation, industrial/energy, financial and select health care sectors. Alight Capital attempts
to identify and capitalize on cyclical and structural themes through analysis of fundamental factors
as well as trading dynamics, while attempting to protect capital in volatile or difficult
environments. While the Funds focus on U.S. equities, a meaningful portion of a Fund’s portfolio
(the “Portfolio”) may be committed to European stocks as well as to emerging markets.
As of the close of business on February 29, 2024, Alight Capital advised approximately
$495.7 million in regulatory assets under management on a discretionary basis. Alight Capital
does not currently manage any assets on a nondiscretionary basis.
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