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Adviser Profile

As of Date 03/22/2024
Adviser Type - Large advisory firm
Number of Employees 3
of those in investment advisory functions 2
Registration SEC, Approved, 9/16/2020
AUM* 159,639,602 7.00%
of that, discretionary 159,639,602 7.00%
Private Fund GAV* 159,639,602 7.00%
Avg Account Size 53,213,201 7.00%
SMA’s No
Private Funds 1
Contact Info 917 xxxxxxx

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
161M 138M 115M 92M 69M 46M 23M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$159,639,602

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Brochure Summary

Overview

Hiddenite Capital Partners, LP, a Delaware limited partnership and private investment management firm (“Hiddenite Capital” or the “Adviser”, “we”, “us” or “our”), was founded in January 2020 with a principal place of business in New York, NY. The Adviser registered with the SEC as an investment adviser on September 16, 2020. The general partner of Hiddenite Capital is Hiddenite Capital Holdings, LLC, a Delaware limited liability company. Ryan Packard is the Managing Member and principal owner of the Adviser and Hiddenite Capital Holdings, LLC. Hiddenite Capital provides discretionary investment advisory services to Hiddenite Capital Fund, LP, Hiddenite Capital Offshore Fund Ltd, (together with Hiddenite Capital Fund, LP, the “Feeder Funds”) and Hiddenite Capital Master Fund, Ltd. (the “Master Fund”), each of which are pooled investment vehicles. The first being a Delaware limited partnership, and the others being Cayman Islands exempted companies (collectively, the “Fund Clients” or “Fund”). In the future, the Adviser may serve as investment manager to other client accounts, including separately managed accounts for institutional investors (collectively, “Clients”). The investment objectives, strategies, terms, conditions and restrictions applicable to (i) the Fund Clients are described in their respective confidential offering memoranda and governing documents (referred to collectively as the “Offering Documents”) and (ii) any potential managed account Clients are set forth
in their respective investment management or sub-Advisory agreements between the managed account Clients and the Adviser (the “Advisory Agreements”). Hiddenite Capital generally seeks to achieve capital appreciation with respect to Clients primarily through investing in equities (both long and short), performing credit, stressed credit, and distressed credit. Information about each Fund Client is set forth in its applicable Offering Documents. See Item 8 below. The Adviser does not tailor its advisory services to the individual needs of its Clients, however, with respect to Clients other than the Fund, a Client may enter into Advisory Agreements with the Adviser in which the Client imposes restrictions on investing in certain types of securities and other financial instruments. The Adviser does not participate in any wrap-fee programs. As of December 31, 2023, Hiddenite Capital had approximately $159,639,602 in regulatory assets under management, all of which are managed on a discretionary basis. All discussion regarding the Fund Clients in this Brochure, including but not limited to the investments, the strategies used in managing the Fund Clients, the fees, expenses, and risks associated with an investment in the Fund Clients, and conflicts of interest in connection with the management of the Fund Clients are qualified in their entirety by reference to their respective Offering Documents.