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Adviser Profile

As of Date 07/17/2024
Adviser Type - Large advisory firm
Number of Employees 6 50.00%
of those in investment advisory functions 5 66.67%
Registration SEC, Approved, 4/8/2022
Other registrations (2)
Former registrations

WEBS CREEK CAPITAL MANAGEMENT LP

AUM* 642,608,280 127.19%
of that, discretionary 642,608,280 127.19%
Private Fund GAV* 479,384,342 55.94%
Avg Account Size 80,326,035 -71.60%
SMA’s No
Private Funds 2 1
Contact Info 972 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
283M 242M 202M 162M 121M 81M 40M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$304,018,857
Fund TypePrivate Equity Fund Count1 GAV$175,365,485

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Brochure Summary

Overview

FIRM DESCRIPTION Webs Creek Capital Management LP (the “Investment Manager”), a Texas limited partnership and private investment advisory firm, was organized in January 2019. We provide investment management services with respect to private pooled investment vehicles and other institutional investors (“SMA Investors”) via Separately Managed Accounts (“SMAs”) and have full discretionary authority with respect to investment decisions. Our investment advisory services are provided in accordance with the investment objectives and guidelines set forth in the applicable offering and/or governing documents of the funds and SMAs we advise. References and disclosures in this brochure relating to any funds or SMAs we advise should be read in conjunction with the funds’ and/or SMAs’ offering and governing documents. In 2023, we launched Webs Creek Private Strategies LLC (the “Relying Adviser” or “WCPS”) to take advantage of the supply-demand imbalance of energy private investment capital though an opportunistic energy privates’ strategy. WCPS is a relying adviser of Webs Creek Capital Management LP and provides investment management services with respect to private pooled investment vehicles focused on investments in private companies and has discretionary authority over investment and operational decisions as outlined in the private pooled investment vehicles’ governing documents. References to “we” in this brochure generally refer to the Investment Manager but when context requires should be read to include the Relying Adviser. PRINCIPAL OWNER The general partner of the Investment Manager is Webs Creek CM GenPar LLC (the “General Partner”), a Texas limited liability company, which is wholly owned and controlled by M. Stephen Thomas (the “Principal”). Mr. Thomas is the only beneficial owner holding more than 25% of the limited partner interests of the Investment Manager. The sole member of WCPS is the Investment Manager. TYPES OF ADVISORY SERVICES We provide investment advisory services to private pooled investment vehicles, Webs Creek Capital Partners LP, a Delaware
limited partnership and its feeder fund, Webs Creek Capital Offshore Fund Ltd., a Cayman Islands exempted company (jointly, the “Fund”) and to one or more SMAs. We are responsible for investing and re-investing the capital of the Clients in securities, financial instruments and/or other assets in accordance with the investment objectives, policies and guidelines set forth in the offering and/or governing documents of the Clients, with a focus on the energy sector. The Relying Adviser provides investment advisory services to private pooled investment vehicles, WCPS SPV I LP, a Delaware limited partnership, and its feeder fund, WCPS SPV I LLC, a Delaware limited liability company (jointly, the “SPV” and collectively with the Fund and SMAs, the “Clients”) and is responsible for its investment in and oversight of one or more private companies. The investment Manager and Relying Adviser identify investment opportunities utilizing a fundamental research process. The Investment Manager and Relying Adviser use both qualitative and quantitative factors to formulate a view of a company’s value and, in addition, identify opportunities that include a corporate and industry catalyst. Additionally, historically and from time to time, we manage SMAs on behalf of institutional clients which employ strategies similar to that of the Fund. Terms applicable to these SMAs (including any investment restrictions) are subject to negotiation and may vary from those applicable to the Fund. See Item 8 below. INVESTMENT RESTRICTIONS We provide investment advice to the Clients in accordance with the investment objectives, policies and guidelines set forth in the applicable offering and governing documents, and not in accordance with the individual needs or objectives of any particular investor in the Fund or any of the Clients. Investors are not permitted to impose restrictions or limitations on the management of the Fund. ASSETS UNDER MANAGEMENT As of February 29, 2024, we had approximately $642,608,280 in regulatory assets under management, all of which were managed on a discretionary basis.