Overview
A. Description of the Advisory
Pt Capital Advisors, LLC (“Pt Capital Advisors,” “we,” or “our”) is limited liability company
organized under the laws of the state of Alaska in 2013. Pt Capital Advisors is registered with the
U.S. Securities and Exchange Commission (“SEC”) as an investment adviser. The sole member of
Pt Capital Advisors is Pt Capital, LLC. We provide asset management and investment advisory
services on a discretionary basis to our clients (“Clients”), which are special purpose limited
partnership funds (“the Funds” and each a “Fund”).
B. Types of Advisory Services
Our investment focus is based on long-term capital appreciation through investment in
operating companies with positive revenues and EBITDA in, but not limited to, the following
industries: seafood and service and support; tourism; logistics and transportation; and natural
resource service and support companies. Pt Capital Advisors is primarily focused on companies in
the Arctic regions of the United States, secondarily in Canada, Greenland, and Iceland. These
investments may have significant levels of risks and generally are available only
to qualified
purchasers / accredited investors. From time to time, where such investments consist of portfolio
companies, Pt Capital Advisors’ principals may serve on such portfolio companies’ respective boards
of directors or otherwise act to influence control over management of portfolio companies in which
the Funds have invested.
The Firm currently manages PT Arctic Fund I, LP and Pt Arctic Tourism Fund II.
C. Client Tailored Services and Client Imposed Restrictions
Pt Capital Advisors generally does not tailor its advisory services to the specific investment
objectives of the Fund investors. The investment services that we provide to the various Funds are
outlined in each Fund’s Partnership Agreement and Private Placement Memorandum, generally, the
limited partners in a Fund may not impose restrictions, limitations, or other expectations to the
finalized Partnership Agreement and Private Placement Memorandum, especially, as it relates to the
investment style and objectives of such Fund.
D. Assets Under Management
As of December 31, 2023, Pt Capital Advisors, LLC managed approximately $118,708,116
on a discretionary and $0 on a non-discretionary basis.