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Adviser Profile

As of Date 07/22/2024
Adviser Type - Large advisory firm
Number of Employees 11
of those in investment advisory functions 6
Registration SEC, Approved, 5/1/2023
Other registrations (2)
Former registrations

HURRICANE CAPITAL ADVISORS LLC

AUM* 415,187,182 100.00%
of that, discretionary 415,187,182
Private Fund GAV* 415,187,185 14.66%
Avg Account Size 17,299,466
SMA’s No
Private Funds 17
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1 1 1 1
2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count17 GAV$415,187,185

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Brochure Summary

Overview

Hurricane Capital Advisors LLC, a Delaware limited liability company, was founded in 2021 and is registered as an investment adviser with the SEC. Hurricane is also a registered commodity pool adviser (“CPO”) with the CFTC and a member of the National Futures Association. Hurricane is owned by Adam Wolfberg, Christopher Napoli, and Matthew DeSalvo. Hurricane provides discretionary investment advisory services to private pooled investment vehicles (the “Funds,” or “Clients”). Specifically, the Funds are currently organized into two “master-feeder” structures and include:
• Hurricane Capital Manager Platform SPC, and Hurricane Capital Manager Platform II SPC, both Cayman Island exempted segregated portfolio companies (the “Master Funds,” or “Trading Vehicles”); and
• Hurricane Capital Platform Onshore LLC, and Hurricane Capital Platform Onshore II LLC, both Delaware series limited liability companies (the “Feeder Funds”) The Feeder Funds may issue a separate series of limited liability company interests (“Interests”) in respect of each separate investment portfolio (each, a “Portfolio”) to be maintained by the Feeder Funds and each Portfolio will consist of separate pool of assets and will function, in effect, as a separate fund. Each Portfolio will invest its assets through a corresponding segregated portfolio of the Master Funds. Other Feeder Funds may be created to invest, and/or other third-party investors outside of the Funds may invest, directly in other segregated portfolios of the Master Funds as each segregated portfolio of the Master Funds will have only one investor. It is anticipated that the Feeder Funds will have a number of Portfolios. Each Portfolio will have a corresponding series of Interests (e.g., Series 1 Interests, Series 2 Interests, etc.). The assets and liabilities attributable to a particular Portfolio will be segregated from the assets and liabilities attributable to all other Portfolios. Under Delaware law, the debts, liabilities, obligations and expenses incurred by one Portfolio will only be enforceable against the assets of the same Portfolio and not against the assets of any other Portfolio. The Interests relating to a Portfolio will be offered upon the terms described in the corresponding Feeder Fund’s Memorandum and the applicable Supplement Memorandum for such Portfolio (“Portfolio Supplement Memorandum,” or “Supplement Memorandum”). The applicable Portfolio Supplement Memorandum must be read in conjunction with the corresponding Feeder Funds’ Memorandum. The Funds are managed in accordance with each Funds’ investment objectives, strategies and restrictions and guidelines, as described in their respective confidential private offering memorandum (the “Memorandum”). Hurricane does not tailor advisory services to the individual needs of investors in the Funds, and investors in the Funds
may not impose restrictions on investing in certain types of securities and other financial instruments. As of December 31, 2023, the Company had approximately $415,187,182 of regulatory assets under management. The Company does not currently manage any assets on a non-discretionary basis. The Company does not participate in wrap fee programs. Description of Advisory Services The Feeder Funds have been formed to serve as an investment entity through which the assets of the members of the Feeder Funds (the “Members”) will be invested in segregated portfolios of the Trading Vehicle selected by such Members. Hurricane will engage a sub-advisor (a “Sub- Advisor”) at the Trading Vehicle level to provide investment advisory services to, and manage the investment decisions of, each Portfolio (indirectly through its investment in a corresponding segregated portfolio of the Trading Vehicles). Each Portfolio will generally have a strategy of Global Equity Opportunities, Global Fundamental Equity, Global Cross Asset Strategies, Equity Relative Value, Global Macro Strategies, Global Futures, Fixed Income, Rates and Currency, as determined by the applicable Sub-Advisor. A Sub-Advisor may manage multiple Portfolios that have the same or substantially similar investment strategy, and those Portfolios may trade pari passu to one another to the extent determined by the applicable Sub-Advisor and as further disclosed in the applicable Portfolio Supplement Memorandum (however, Sub-Advisors managing multiple portfolios are not required to manage all of them pari passu). Information regarding each Portfolio’s complete investment program, the applicable Sub-Advisor, the terms of the sub-advisory agreement between the Investment Manager and the applicable Sub- Advisor with respect to a Portfolio (each, a “Sub-Advisory Agreement”), and other material information regarding the Portfolio will be described in the applicable Supplement. The Feeder Funds may issue Interests for a particular Portfolio in different sub-series, classes or sub-classes, with each having different terms than those of any other sub-series, class or sub-series, including, without limitation, different fees or withdrawal rights, to the extent deemed appropriate by the Investment Manager. Each time a Member makes a capital contribution to a Fund it will be required to designate the particular Portfolio for which the capital contribution is being made. If a Member is invested in more than one Portfolio, each Portfolio will be treated separately for all purposes, including performance reporting, tax liabilities, expenses, and any applicable Management Fees and Incentive Allocations (each as defined in Item 5 below). For the avoidance of doubt, Members investing in more than one Portfolio will not have the performances of their Portfolios netted against each other.