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Adviser Profile

As of Date 03/28/2024
Adviser Type - Outside the United States
Number of Employees 22 -15.38%
of those in investment advisory functions 16 -5.88%
Registration SEC, Approved, 05/31/2018
AUM* 226,173,933 4.74%
of that, discretionary 226,173,933 4.74%
Private Fund GAV* 120,736,201 -26.96%
Avg Account Size 113,086,967 4.74%
SMA’s No
Private Funds 2
Contact Info +1 xxxxxxx
Websites

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

Recent News

Reported AUM

Discretionary
Non-discretionary
216M 185M 154M 123M 93M 62M 31M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$120,736,201

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Brochure Summary

Overview

Advisory Firm ShoreVest Partners, Ltd (“Adviser”) was incorporated as Stellern Holdings Ltd. on Dec 30, 2005, and registered on Jan. 1, 2007 in the BVI. Subsequently it was renamed on August 24, 2018 as ShoreVest Partners, Ltd. The Adviser is solely owned by ShoreVest Capital Partners, Ltd. and principally owned by Mr. FANGER, Benjamin, W., the Managing Partner. Types of Services Offered Adviser is a specialist in Chinese distressed debt and structured credit investment adviser with a specific focus on both (1) corporate distressed debt, such as non-performing loans (“NPLs”) and (2) special situations, such as bridge lending to performing companies. Adviser primarily provides investment advisory and management services to ShoreVest Distressed Credit, L.P., ShoreVest Credit Opportunities II, L.P., their feeder fund(s) and any related parallel funds (collectively, “Funds”). The Funds are typically Cayman Islands exempted limited partnerships and other investment vehicles that are exempt from registration under the Investment Company Act of 1940, as amended, and whose interests will not be registered under the United States Act of 1933, as amended (the “Securities Act”). Adviser may, in its sole and absolute discretion, offer certain investors or other persons, including any limited partner (“LP”), strategic investor or related person, co-investment opportunities through limited partnerships or other entities formed to make such investments. Adviser and its affiliates may establish, and serve as a partner, manager or in any other capacity for, one or more RMB Funds which have investment objectives and strategies substantially similar to those of the Funds and are formed to meet the needs
of certain investors to make investments denominated exclusively in RMB (the “RMB Funds”). Adviser or its affiliates may also sponsor and manage alternative investment vehicle(s) to address the legal, tax, regulatory, and/or economic constraints. Adviser will manage the Funds based on specific investment objective, strategies, investment guidelines and restrictions set forth in the offering documents, partnership agreement, and/or investment management agreements (as amended and supplemented from time to time) (collectively, the “Governing Agreements”). Such restrictions may be waived in certain cases with the consent of the advisory committee, if any, in accordance with the Governing Agreements. Adviser has approximately US$ 226,173,933 regulatory assets under management as of 31 December 2023, all of which it manages on a discretionary basis. Ability to Tailor Services and Impose Restrictions Adviser provides investment management services to the Funds as pooled investment vehicles based on the specific investment objectives and strategies of the Funds and not individually to LPs of the Funds. However, Adviser or its affiliates may from time to time enter into a side letter or similar agreement with certain LPs that may entitle such LP to establish rights (including economic or other terms) under or altering or supplementing a Fund’s Governing Agreements. Such agreements may provide more favourable terms with respect to (i) opting out of particular investments; (ii) reporting obligations of the Fund; (iii) transfers to affiliates; (iv) co-investment opportunities; (v) withdrawal rights due to adverse tax or regulatory events; (vi) consent rights to certain partnership agreement amendments.