Adviser Profile

As of Date:

03/26/2024

Adviser Type:

- Large advisory firm

Number of Employees:

of those in investment advisory functions:

Registration:

SEC, Approved, 5/4/2006

AUM:

273,172,502 -42.20%

of that, discretionary:

273,172,502 -42.20%

GAV:

194,615,933 -47.87%

Avg Account Size:

45,528,750 -42.20%

SMA’s:

YES

Private Funds:

Contact Info

713 xxxxxxx

Websites :

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary

Non-discretionary

676M 579M 483M 386M 290M 193M 97M

2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Pie Radar GAV Count

Private Funds Structure

Fund Type	Count	GAV
Hedge Fund	3	$60,833,457
Private Equity Fund	2	$133,782,476

Similar advisers

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	# funds
ATTINGER, LLC	352.4m	-	176.3m	-	-	-	-	528.7m	531.0m	6
SPECTRUM GROUP MANAGEMENT LLC	209.2m	-	115.7m	-	-	-	-	324.9m	177.1m	10
DALAL STREET, LLC	766.0m	-	31.1m	-	-	-	-	797.1m	798.3m	5
COALESCENCE PARTNERS INVESTMENT MANAGEMENT LP	152.1m	-	53.1m	-	-	-	-	205.2m	206.4m	3
FJ CAPITAL MANAGEMENT LLC	820.9m	-	136.9m	-	-	-	-	957.8m	1.2b	5
APPOMATTOX ADVISORY, INC	76.6m	-	34.1m	-	-	-	-	110.6m	753.9m	8
HINES CAPITAL ADVISORS LLC	1.4b	-	509.0m	-	-	-	-	1.9b	2.9b	5
PROPHET CAPITAL ASSET MANAGEMENT LP	816.5m	-	591.2m	-	-	-	-	1.4b	2.8b	9
HG VORA CAPITAL MANAGEMENT, LLC	9.3b	-	-	-	-	-	-	9.3b	9.3b	5
BRANDYWINE MANAGERS, LLC	9.6b	-	2.7b	-	-	-	-	12.3b	12.3b	53

Private Funds

GAV Count

Employees

Brochure Summary

Overview

Newport Global Advisors LP. (the “Adviser”) was formed in 2005. The principal owners of the Adviser are Timothy T. Janszen and Ryan L. Langdon, and each is a principal officer of the Adviser: Mr. Janszen serves as President and CEO and Mr. Langdon is Senior Managing Director. Together, Messrs. Janszen and Langdon and other principals and officers of the Adviser are referred to herein as "Management Persons". The Adviser provides investment advice and related services to pooled investment vehicles and private investment funds (such clients of the Adviser are referred to collectively herein as the "Funds") and a separately managed account ("Separate Account" and together with the Funds, "Advised Client Accounts") and as such makes investment decisions on behalf of such Advised Client Accounts according to the investment objective of each Fund and Separate Account. Generally, and with some variation, the investment objective of the Newport Global Credit Fund LP (together with any parallel or feeder vehicles, the “Credit Fund”) and the Separate Account is to seek a high level of current income and/or total return through investments in leveraged loans, mezzanine and unsecured debt, equity and other debt instruments of stressed and distressed companies. The investment objective of the Newport Global Opportunities Fund LP I-A (together with any parallel or feeder vehicles, the “Opportunities Fund I-A”) is to seek attractive long-term risk-adjusted returns by capitalizing on market opportunities in the distressed debt market. Further detail regarding the specific investment strategy and

objective of each Advised Client Account is set forth in such Advised Client Account’s Private Placement Memoranda, Amended and Restated Limited Partnership Agreement and Investment Management Agreement, as applicable. On December 29, 2022, a majority of the Limited Partners of the Opportunities Fund I-A, the requisite number required by that fund’s Amended and Restated Limited Partnership Agreement, consented to the extension of the Opportunities Fund I-A’s term to January 8, 2024. Each Fund and Separate Account imposes restrictions on investing in certain securities or types of securities. Currently the Adviser provides investment advice to the following Funds: the Opportunities Fund I-A and the Credit Fund. The Adviser provides portfolio management and administrative services to the Funds and the Separate Account, including investigating, structuring and negotiating potential investments, monitoring the performance of portfolio investments and advising the Advised Client Accounts as to disposition opportunities. As of December 31, 2022, the Adviser managed approximately $473 million on a discretionary basis. In the course of 2022, the Funds managed by the Adviser distributed approximately $45 million to the Funds' Limited Partners. The Adviser may enter into arrangements with private investment funds, taxable and non- taxable entities and institutions, and others whereby it provides non-discretionary advisory services. The fee for such non-discretionary advisory is negotiable. Currently, the Adviser has no such non-discretionary advisory service arrangements in place.