STONEHILL CAPITAL MANAGEMENT LLC

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Adviser Profile

As of Date:

03/25/2024

Adviser Type:

- Large advisory firm

Number of Employees:

20 17.65%

of those in investment advisory functions:

12 9.09%

Registration:

SEC, Approved, 3/30/2012

AUM:

3,302,021,109 3.33%

of that, discretionary:

3,302,021,109 3.33%

GAV:

3,302,021,109 3.33%

Avg Account Size:

1,100,673,703 3.33%

SMA’s:

NO

Private Funds:

2

Contact Info

212 xxxxxxx

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
4B 3B 3B 2B 2B 1B 531M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Ward v. Wittich
04/08/2021

Stonehill Capital Mgt. LLC v. Bank of the W ... Defendant Wittich clearly and unambiguously promised to the Plaintiff Ward that he would give him the funds maintained in the Joint Account. Plaintiff Ward clearly pled that he relied on the promises ...

law.com

Las Vegas Multifamily Wrap-Up – August 2020
03/12/2021

The company acquired the 7-acre parcel for $4.7 million from Olympia Cos. and Stonehill Capital Management, according to Clark County records. Located near the junction of Interstate 15 and St ...

multihousingnews.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 2 $3,302,021,109

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Private Funds



Employees




Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
03676C100 ANTERIX INC COMMON $26,415 52.00% 18.00% 11.00%
01988P108 VERADIGM INC COMMON $15,431 30.00%
65340G205 NEXTPOINT DIVERSIFIED REAL ESTATE CLOSED-END FUND $3,258 6.00% -9.00% 0.00%
464288513 ISHARES IBOXX HIGH YEILD CORPORATE BOND ETF $1,935 4.00%
45784J105 INNOVATE CORP COMMON $1,642 3.00% 32.00% 74.00%
01988PAF5 VERADIGM INC SR UNSEC CONV $1,258 2.00%
896438306 TRINITY BIOTECH PLC ADR $649 1.00% -42.00% 0.00%
P5880C134 IRSA INVERSIONES SA WTS EXP 03/25/2026 $247 0.00% 8.00% 0.00%
33833Q106 FIVE POINTS HOLDINGS LLC - CL A COMMON $61 0.00% 3.00% 0.00%

Brochure Summary

Overview

SCM is a limited liability company organized under the laws of the State of Delaware in November 1999. The sole member of SCM is SCM, L.P., a limited partnership organized under the laws of the State of Delaware in December 2013. SCM is owned and controlled, through SCM, L.P. and its general partner, by six individual Partners, one of whom, John A. Motulsky, has an ownership interest of more than 25% (but less than 35%). SCM manages the portfolios of and provides administrative and other services to three private investment funds (Stonehill Institutional Partners, L.P. (“Institutional”), Stonehill Offshore Partners Limited (“Offshore”), and Stonehill Master Fund Ltd. (“Master” and, together with Institutional and Offshore, the “Funds”) in accordance with the terms of investment management agreements entered into between SCM and each of the Funds. Stonehill General Partner, LLC (“Stonehill GP”), a related person of SCM, acts as the general partner of Institutional. Offshore invests all of its assets in Master. SCM also manages Seafield Holdings LLC (“Seafield”), a pooled investment vehicle that focuses on litigation-related investments. Offshore was formed and began operations in August 1996 and Institutional was formed and began operations in December 1997. Prior to January 2000, the Funds and a related fund that began operations in February 1994 were managed by a predecessor entity to SCM. Seafield was formed and began operations in August 2022. Investors and prospective investors in each Fund should refer to the confidential private placement memorandum for each Fund for more complete information about the investment objectives, risks, fees, expenses and other matters set forth herein with respect to a particular Fund. This Brochure does not constitute an offer
to sell or the solicitation of an offer to purchase any securities of any Fund described herein. Any such offer or solicitation will be made solely to qualified investors by means of the appropriate private placement memorandum and related subscription materials. SCM has broad, discretionary investment authority with respect to its management of the portfolios of the Funds. SCM is not bound by any specific restrictions on investing in particular securities or types of securities and is not obligated to structure any Fund’s investments in order to address or give effect to the individual objectives or considerations of any investors or group of investors in that Fund. The types of investments by the Funds will vary over time based on the perception of SCM as to relative opportunities, with an expected focus at most times on investments in high yielding, distressed and defaulted debt and related investments and other opportunistic investments. The Funds also make investments in markets experiencing significant dislocation. The Funds have broad investment parameters so that SCM can change a Fund’s investment focus if it determines that other investment strategies may be more attractive. The capital invested by Seafield is expected to primarily be used to fund the litigation of specific cases or pools of cases, and to bear the costs and litigation expenses related to those cases, although SCM has broad discretion to engage in other litigation- related investments. SCM manages all Fund assets and the assets of Seafield on a discretionary basis in accordance with the terms and conditions of each Fund’s investment management agreement. As of January 1, 2023, SCM’s regulatory assets under management were approximately $3.2 billion, all of which are managed on a discretionary basis.