FIRM DESCRIPTION 
272 Capital LP (hereinafter “272”, “we”, “us”, “our”, “Investment Manager”, or the “Firm”), a Delaware limited 
liability  company,  was  formed  in  2017.  The  Firm  currently provides  investment  management  services  to  private 
pooled investment vehicles and a separate account for an institutional investor. 272 is registered as an investment 
adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). 
PRINCIPAL OWNERS  
272 Capital Holdings is the majority owner and Managing Member of the Firm. Wes Cummins is the sole owner of 
272 Capital Holdings LLC. 
TYPES OF ADVISORY SERVICES 
272  serves  as  investment  manager  to  the  272  Capital  Fund,  LP,  a  Delaware  limited  partnership  (the  “Domestic 
Fund”), 272 Capital Offshore Fund, Ltd., a Cayman Islands exempted company (the “Offshore Fund” and together 
with the Domestic Fund, the “Feeder Funds”), and 272 Capital Master Fund, Ltd., a Cayman Islands exempt limited 
partnership (the “Master Fund” and together with the Feeder Funds, the “272 Fund”). Each of the Feeder Funds 
invests all or substantially all of its assets in, and conducts its investment activities through, the Master Fund. 272 has 
full discretionary authority with respect to the investment decisions of the 272 Fund. Our investment advisory services 
are provided in accordance with the investment objectives and guidelines set forth in Fund offering and governing 
documents. The information set forth in this Brochure is qualified in its entirety by the Fund offering and governing 
documents. Interests in the Feeder Funds are privately offered only to eligible investors pursuant to exemptions under 
the Securities Act of 1933, as amended (the “Securities Act”), and the regulations promulgated thereunder. The Fund 
is not registered with the SEC as investment companies based on specific exclusions from the definition of investment 
company under the Investment Company Act of 1940, as amended (the “Company Act”). 
272 provides investment advice to the 272 Fund in accordance with the investment objectives, policies and guidelines 
set forth in the Fund’s offering and governing documents, and not in accordance with the individual needs or objectives 
of any particular investor in the Fund.  
In addition to the 272 Fund,
                                        
                                        
                                             272 serves as  adviser to two non-affiliated pooled vehicles and a separately managed 
account  for  an  institutional  investor;  the  Firm  also  serves  as  sub-adviser  to  a  pooled  vehicle,  the  BRC  Partners 
Opportunity Fund, LP (“BRCP”), each a “Client”. As investment manager, 272 is responsible for investing and re-
investing the capital of each Client account in securities, financial instruments and/or other assets in accordance with 
the investment objectives, policies and guidelines set forth in the 272 Fund’s offering and governing documents as 
well as the investment management agreements for the sub-advised and separately managed Client accounts. See Item 
8: Methods of Analysis, Investment Strategies and Risk of Loss.  
INVESTMENT RESTRICTIONS 
Investors generally are not permitted to impose restrictions on investments in certain securities or types of securities 
or limitations on the management of the Fund. Notwithstanding the foregoing, 272 has entered into, and may in the 
future enter into, side letter agreements or similar arrangements with certain investors in the Feeder Funds that have 
the effect of establishing rights under, or altering, modifying, waiving or supplementing the terms of, the governing 
documents of the Fund in respect of such investors. Among other things, these agreements may entitle an investor in 
the Fund to lower fees, information or transparency rights, most favored nations status, investment capacity rights, 
notification rights, rights or terms necessary or advisable in light of particular legal, regulatory or policy considerations 
of or related to an investor and/or other preferential rights and terms. Advisory services are generally not tailored to 
each Client, the firm manages a single strategy for all clients in which all clients invest in the same securities at all 
times. However, the clients have imposed restrictions, in writing, on investing in certain securities. All Client accounts 
are managed on a pari passu basis. Each Client account generally buys, sells and holds the same securities. 
We do not participate in any Wrap Fee Programs.  
ASSETS UNDER MANAGEMENT  
As of December 31, 2023, the Firm had approximately $430 million in regulatory assets under management. All of 
these assets are managed on a discretionary basis.