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.