9AT: POTRERO CAPITAL RESEARCH, LLC

Adviser Profile

As of Date	03/27/2026
Registration	SEC, Approved, 07/05/2016
Other registrations (2)	SEC, ERA - Withdrawn, 06/23/2016 California, Terminated, 03/25/2014
ADV Location	SAN FRANCISCO, CA, United States
Contact Info	415 xxxxxxx
Websites

AUM^*	419,641,644 22%
of that, discretionary	419,641,644 22%
Number of Employees	4
of those in investment advisory functions	3
Private Fund GAV^*	397,395,373 10%
Avg Account Size	104,910,411 22%
SMA’s	No
Private Funds	3

Adviser Type

- Large advisory firm

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

	Count	GAV
{{ TypeColumnLabel }} {{ item.FundType }}	Count{{ formatCount(item.FundsCount) }}	GAV{{ formatGAV(item.AUM) }}

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser L2 ASSET MANAGEMENT, LLC	Hedge Fund141.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV141.0m	AUM1.3b	#Funds3
Adviser LFL ADVISERS, LLC	Hedge Fund278.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV278.2m	AUM506.8m	#Funds1
Adviser NW1 PARTNERS	Hedge Fund2.9b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.9b	AUM931.7m	#Funds4
Adviser ONE OAK CAPITAL MANAGEMENT, LLC	Hedge Fund261.2m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV261.2m	AUM418.5m	#Funds6
Adviser JOHKIM CAPITAL PARTNERS MANAGEMENT LLC	Hedge Fund277.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV277.0m	AUM277.0m	#Funds3
Adviser LIQUID CAPITAL MANAGEMENT LLC	Hedge Fund287.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV287.6m	AUM287.6m	#Funds3
Adviser VETAMER CAPITAL MANAGEMENT, L.P.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM327.5m	#Funds-
Adviser HABROK CAPITAL MANAGEMENT LLP	Hedge Fund718.4m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV718.4m	AUM774.3m	#Funds3
Adviser HERITAGE WEALTH MANAGEMENT, INC.	Hedge Fund147.2m	Liquidity Fund-	Private Equity Fund48.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund34.6m	Total Private Fund GAV230.3m	AUM643.4m	#Funds8
Adviser CADEN CAPITAL PARTNERS, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM340.0m	#Funds-

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck Ticker36828A101	Stock NameGE VERNOVA INC	$ Position$8,323,883	% Position5.00%	$ Change5.00%	# Change-22.00%
Stck Ticker401382106	Stock NameGUARDIAN METAL RES PLC	$ Position$8,571,514	% Position5.00%	$ Change178.00%	# Change247.00%
Stck TickerG7997R103	Stock NameSEAGATE TECHNOLOGY HLDNGS PL	$ Position$8,797,905	% Position5.00%	$ Change-21.00%	# Change-68.00%
Stck TickerG7997R103	Stock NameSEAGATE TECHNOLOGY HLDNGS PL (PUT)	$ Position$8,781,500	% Position5.00%	$ Change	# Change
Stck Ticker433000106	Stock NameHIMS & HERS HEALTH INC	$ Position$7,382,768	% Position4.00%	$ Change	# Change
Stck Ticker007973100	Stock NameADVANCED ENERGY INDS	$ Position$6,932,399	% Position4.00%	$ Change	# Change
Stck TickerG037AX101	Stock NameAMBARELLA INC	$ Position$7,429,851	% Position4.00%	$ Change	# Change
Stck Ticker09239B109	Stock NameBLACKLINE INC	$ Position$6,697,221	% Position4.00%	$ Change158.00%	# Change240.00%
Stck Ticker219350105	Stock NameCORNING INC	$ Position$7,963,541	% Position4.00%	$ Change-11.00%	# Change-53.00%
Stck Ticker219350105	Stock NameCORNING INC (PUT)	$ Position$7,918,330	% Position4.00%	$ Change	# Change

Brochure Summary

Overview

A. Potrero Capital Research, LLC (“Potrero” or the “Firm”) is a Delaware limited liability company formed on February 27, 2003. Jack R. Ripsteen is the Managing Member and sole owner of Potrero. B. Potrero provides investment supervisory services to two private investment funds, Potrero Capital Research Partners, L.P., a California limited partnership, Potrero Capital Research Partners II, L.P., a Delaware limited partnership (each a “Domestic Fund” or collectively the “Domestic Funds”), and a fund of one, Potrero Institutional Fund, Ltd, an exempted company incorporated with limited liability under the laws of the Cayman Islands (the “Cayman Fund”) (and collectively with the Domestic Funds, the “Funds”) and one or more separately managed account clients through a sub-advisory agreement (“SMAs”). Potrero may decide in the future to sponsor or manage additional private investment funds or separately managed accounts (collectively with the Funds, the “Clients”). The Funds offer limited partnership interests (the “Interest(s)”) to certain qualified investors as described in response to Item 7 (the “Investors”). C. Advisory services are tailored to achieve the Funds’ investment objectives. Pursuant to each of the Funds’ offering memorandum, limited partnership agreement, and subscription documents (“Constituent Documents”), the Funds’ investment objective

is to seek long-term capital appreciation through investments in and short sales of equity securities of small capitalization companies. Potrero has the authority to select which and how many securities and other instruments to buy or sell without consultation with the Clients or Investors. Investments for a SMA are managed in accordance with the Client’s investment objectives, strategies, restrictions and guidelines as set forth in the documents governing Potrero’s relationship with such Client or as otherwise communicated to Potrero by the Client. Depending on the nature of the relationship, these services may be offered on a discretionary or non-discretionary basis and may include investments in, and short sales of equity securities of small capitalization companies held in a Client’s account. If a Client wishes to impose certain restrictions on investing in certain securities or types of securities or is prohibited by applicable law from investing in such securities or types of securities, Potrero will address those requests on a case-by-case basis. D. Potrero does not participate in wrap-fee programs. E. Potrero manages the assets of the Clients. As of December 31, 2023, Potrero manages approximately $344,373,000 in assets on a discretionary basis. It manages $0 in assets on a non-discretionary basis. Potrero Capital Research, LLC – ADV Part 2A 5

POTRERO CAPITAL RESEARCH, LLC

POTRERO CAPITAL RESEARCH, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Top Holdings

Brochure Summary

Overview

Need help?

Send a question to 9AT support.

POTRERO CAPITAL RESEARCH, LLC POTRERO CAPITAL RESEARCH, LLC

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Top Holdings

Brochure Summary

Overview

POTRERO CAPITAL RESEARCH, LLC

POTRERO CAPITAL RESEARCH, LLC