Overview
HighPost Capital, LLC (together with its affiliates as applicable, the “Company”) is an
investment advisory firm that was founded in 2019 to make growth and buyout investments
primarily in the consumer and consumer tech enablement sectors. The Company is owned,
managed and controlled by HighPost Capital Holdings, LLC, which is owned, managed and
controlled by David Moross and Mark Bezos. The Company’s founders have been long-time
friends and business partners.
The Company has registered with the SEC as an investment adviser under the Investment
Advisers Act of 1940, as amended (the “Advisers Act”) and provides discretionary investment
advice to private funds, including co-investment vehicles (each, a “Fund” and, collectively, the
“Funds”). As the investment adviser to each Fund, the Company invests each Fund’s assets
pursuant to an investment advisory agreement that such Fund has entered into with the
Company, and in accordance with such Fund’s limited partnership agreement and other
governing documents, as the same may
be amended from time to time (the “Governing
Documents”).
The Company manages the funds to comply with the investment objectives, guidelines and
restrictions set forth in each Fund’s Governing Documents. The Company does not tailor its
investment advisory activities on behalf of the Funds to the needs of any individual investors
in the Funds. However, in accordance with common industry practice, a Fund or its general
partner may from time to time enter into a “side letter” or similar agreement with an investor
pursuant to which the Fund or its general partner grants the investor specific rights, benefits
or privileges that are not generally made available to all investors. The terms of such “side
letters” or similar agreements are generally not disclosed to other investors in the Fund,
except to investors that have separately negotiated for the right to review such agreements.
As of December 31, 2023, the Company had $652,757,378 in regulatory assets under
management, all of which are managed on a discretionary basis.