Melody Capital Partners, LP (“we,” “us” or “our”) is a Delaware limited partnership that was formed on
September 3, 2012.
We provide discretionary investment advice to private funds (each, a “Fund,” and collectively, the
“Funds”). Note that the Funds are no longer making new investments, either because their investment
periods have expired or because they have been put in wind down. Accordingly, the descriptions of the
Funds’ investment strategies and related processes herein describe the Funds’ investment activities as they
relate to the management of existing positions. (See Item 8 - Methods of Analysis, Investment Strategies
and Risk of Loss)
The general partner or managing member of each Fund is one of Melody Capital Partners GP, LLC or
Melody Special Situations GP, LLC. We refer to these entities as the “General Partner.”
House Hanover LLC (“House Hanover”), another registered investment adviser, serves as our liquidator.
It ultimately controls us in that capacity and also controls the General Partner by contract and by a grant of
authority. As such, House Hanover has assumed the management and control of the Funds while they
liquidate their remaining positions. While our founders, Andres Scaminaci and Omar Jaffrey, technically
retain indirect ownership of us, they no longer exercise management or control of us, and they have assigned
to House Hanover the right to
receive substantially all amounts otherwise distributable to them. Melody
Capital Advisors, LLC, our general partner, is in dissolution pursuant to a judicial order relating to a
deadlock between our founders in relation to the management of Melody Capital Advisors, LLC. House
Hanover or another entity controlled by Sema4, Inc. d/b/a Semaphore (“Semaphore”) has been appointed
the liquidator of Melody Capital Advisors, LLC and House Hanover has accepted this appointment. House
Hanover is solely owned by Semaphore, which is owned by Mark DiSalvo.
We generally will not permit investors in the Funds to impose limitations on the investment activities
described in their respective governing documents, offering documents or advisory agreements
(collectively, “Governing Documents”). Under certain circumstances, we may contract with an investor in
a Fund to adhere to limited risk or operating guidelines imposed by the investor. We negotiate such
arrangements on a case-by-case basis. (See Item 16 - Investment Discretion)
We do not participate in wrap fee programs.
As of December 31, 2022, we managed $280,298,934 in regulatory assets on a discretionary basis. We do
not manage any assets on a non-discretionary basis.
Melody Business Finance, LLC (“MBF”), a subsidiary of the Funds, primarily serves as the administrative
agent for debt that MBF had originated and then assigned to the Funds.