Overview
The Adviser is a Delaware limited partnership formed in August 2018 with its principal office in
New York, New York. Michael Bilger is the principal owner of the Adviser.
The Adviser offers investment advisory services to pooled investment vehicles (each, a “Fund”
and collectively, the “Funds”) intended for sophisticated investors. The Funds are organized in a
master-feeder structure and include:
59 North Master Fund, LP, a Cayman Islands exempted limited partnership (the “Master
Fund”);
59 North Partners, LP, a Delaware limited partnership (the “Domestic Feeder Fund”);
and
59 North Offshore Partners, Ltd., a Cayman Islands exempted company (the “Offshore
Feeder Fund”).
The Domestic and Offshore Feeder Funds invest their assets
in the Master Fund. Additionally, 59
North Capital manages one separately managed account on a discretionary basis (the “SMA” and
together with the Funds the “Clients” or “Client Accounts”). The Clients are managed in
accordance with their own investment objectives as set forth in the relevant governing and offering
documents (each, a “Governing Document” and, collectively, the “Governing Documents”).
Investment objectives are not tailored to any particular private investor (each, an "Investor").
59 North Capital does not participate in wrap fee programs.
As of December 31, 2023, 59 North Capital had approximately $2,474,675,710 in regulatory assets
under management on a discretionary basis on behalf of its Clients.