The Firm
Solidarity Capital Management, LLC, (the “Adviser”), is a limited liability company founded June 10,
2022, under the laws of the State of Utah by Jeffrey McClean, Zachary Whitchurch and William J.
Mortimer.
Jeffrey McClean, Zachary Whitchurch and William J. Mortimer will serve as the Managers of the Adviser
(see Brochure Supplements). The Adviser is primarily owned by Solidarity Holdings, LLC. Jeffrey
McClean will also serve as the Adviser’s chief executive officer and chief compliance officer (the “Chief
Compliance Officer”).
The Adviser provides investment advisory services to the Solidarity Capital Fund I, LP, a privately offered
Delaware limited partnership (the “Partnership”), which was established to serve as an investment vehicle
for investments from U.S. and non-United States persons. Investors may invest in the Partnership by
acquiring a limited partnership interest in the Partnership (the “Interests”). The Partnership was organized
as an open-end investment fund to allow for ongoing, subsequent investors to acquire Interests over time.
The Adviser may form additional limited liability companies or partnerships in the future and may manage
the investments of those limited liability companies and partnerships; however, presently, the activities of
the Adviser are limited to its management of the Partnership and making investment decisions on behalf
of the Partnership and its limited partners (the “Limited Partners”). As used herein, the term “Client”
generally refers to the Partnership. The operations of the Partnership not pertaining to the services provided
by the Adviser will be performed by Solidarity Capital Partners, LLC (the “General Partner”).
The Partnership’s primary investment objective is to generate reoccurring investment returns by focusing
on collecting the premium in option writing strategies to include covered calls, cash-back puts, strangles,
straddles, and other strategies. The Adviser intends to establish an investment policy and manage
investments in the context of each Client’s individual objectives and risk tolerances.
Although the strategy and asset allocation methodologies utilized by the Adviser are primarily centered on
reducing risk through option purchasing and writing, as well as through premium collecting, the Adviser
intends to follow a flexible approach in order to place the Partnership in the best position to capitalize on
opportunities in the financial markets. Accordingly, the Adviser may employ other strategies and may
take advantage of opportunities in diverse asset classes if they meet the Adviser’s standards of investment
merit to provide current income. Clients should note that the Adviser is not restricted to any investment
strategy whatsoever.
The interests in the Partnership are being offered solely to a limited number of investors, each of which
qualifies as (1) a “Qualified Client,” as defined under Rule 205-3(d)(1) of the Investment Advisers Act of
1940, as amended (the “Investment Advisers Act”), or a “qualified purchaser” or a “knowledgeable
employee,” as defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended (the
“Investment Company Act”). There will be no public offering of Interests, no trading market for the
Interests will develop and the Interests will be subject to substantial restrictions on transfer. Residents of
certain states may be subject to stricter suitability standards than those stated above, and the General
Partner may reject the subscription documents of subscribers not meeting such standards. Investments in
the Partnership are offered by a confidential offering memorandum which provides investors with full
disclosure regarding the objectives of the Partnership and the risks involved with the offering. Investors
that purchase Interests in the Partnership will be admitted to the Partnership as Limited Partners.
The Adviser manages the funds and securities of the Partnership on a discretionary basis. Discretionary
authority allows the Adviser to decide on the specific types of investments, the quantity of investments,
the broker-dealer to be used and the commission rates to be paid for Limited Partner accounts without
obtaining preapproval for each transaction. Due to the nature of the Adviser’s business, Limited Partners
are not allowed to limit the Adviser’s discretionary authority.
Wrap Fee Programs
The Adviser does not participate in or manage a wrap fee program.
Assets Under Management
As of January 1, 2023, the Adviser does not presently have any discretionary assets or non-discretionary
assets under management.