ADVISORY BUSINESS
General Description of Advisory Firm.
Stieven Capital Advisors, L.P., a Delaware limited partnership, commenced
operations on June 7, 2005 and has an office in 12412 Powerscourt Drive, Suite 250, St.
Louis, MO 63131. Joseph A. Stieven, as a limited partner of the Investment Adviser and as
the managing member of the general partner of the Investment Adviser, Stieven Capital
Advisors GP, LLC, a Delaware limited liability company (the “Investment Adviser General
Partner”), is the principal owner of the Investment Adviser and controls the Investment
Adviser. The managing member of the Investment Adviser General Partner, Joseph A.
Stieven, has ultimate responsibility for the management, operations and the investment
decisions made by the Investment Adviser.
The Investment Adviser serves as the management company with
discretionary trading authority to private pooled investment vehicles (each, a “Fund” and,
collectively, the “Funds”). The Funds include (1) Stieven Financial Investors, L.P., a
Delaware limited liability partnership (the “U.S. Fund”), and (2) Stieven Financial Offshore
Investors, Ltd., a Cayman Islands exempted company (the “Offshore Fund”). Stieven Capital
GP, LLC, a limited liability company organized under the laws of the State of Delaware and
affiliated with the Investment Adviser serves as the general partner of the U.S. Fund (the
“Fund General Partner”). The interests in the U.S. Fund are offered on a private placement
basis, pursuant to Section 3(c)(7) of the Investment Company Act of 1940, as amended (the
“1940 Act”), to persons who are “accredited investors” as defined under the Securities Act of
1933, as amended (the “Securities Act”) and “qualified purchasers” as defined under the 1940
Act, and subject to certain other conditions, which are fully set forth in the offering
documents for the U.S. Fund. Shares in the Offshore Fund are offered on a private placement
basis to persons who are not “U.S. Persons”, as defined under Regulation S of the Securities
Act and U.S. tax-exempt entities (or substantially composed of U.S. tax-exempt entities), and
subject to certain other conditions, which are fully set forth in the offering documents for the
Offshore Fund.
This Brochure generally includes information about the Investment Adviser
and its relationships with its clients and affiliates. While much of this Brochure applies to all
such clients and affiliates, certain information included herein applies to specific clients or
affiliates only.
Description of Advisory Services.
Please see Item 8.
Availability of Customized Services for Individual Clients.
The Investment Adviser’s investment decisions and advice with respect to
each Fund are subject to each Fund’s investment objectives and guidelines, as set forth in its
offering documents.
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Assets Under Management.
The Investment Adviser manages approximately $564,525,176 as of
December 31, 2023 on a discretionary basis. As of December 31, 2023, the Investment
Adviser does not manage any assets on a non-discretionary basis.
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