H/2 CAPITAL PARTNERS other names

H/2 CAPITAL PARTNERS

H/2 ASSET FUNDING 2015 MANAGER LLC (RELYING ADVISER)

H/2 TRS MANAGER, LP (RELYING ADVISER)

H/2 TRS II MANAGER LP (RELYING ADVISER)

H/2 TARGETED RETURN II MANAGER LLC (RELYING ADVISER)

H/2 SO MANAGER LP (RELYING ADVISER)

H/2 SO MANAGER IV LP (RELYING ADVISER)

H/2 SO MANAGER III LP (RELYING ADVISER)

H/2 SO MANAGER II LP (RELYING ADVISER)

H/2 INVESTORS MANAGEMENT LP (RELYING ADVISER)

H/2 INVESTORS III MANAGER LP (RELYING ADVISER)

H/2 FINANCIAL MANAGER LLC (RELYING ADVISER)

H/2 CREDIT MANAGER UK LLP

H/2 CREDIT MANAGER LP

Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

25 -7.41%

of those in investment advisory functions:

14 -12.50%

Registration:

SEC, Approved, 3/26/2012

AUM:

5,688,617,296 20.22%

of that, discretionary:

5,688,617,296 20.22%

Private Fund GAV:

5,688,617,296 -6.26%

Avg Account Size:

948,102,883 20.22%

SMA’s:

Private Funds:

Contact Info

203 xxxxxxx

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary

Non-discretionary

14B 12B 10B 8B 6B 4B 2B

2015 2016 2017 2018 2019 2020 2021 2022 2023

Fund Type	Count	GAV
Hedge Fund	6	$5,688,617,296

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
WHITEHAVEN ASSET MANAGEMENT, LP	4.8b	-	-	-	-	-	-	4.8b	4.8b	2
DEPRINCE, RACE & ZOLLO, INC.	281.9m	-	-	-	-	-	-	281.9m	4.8b	2
TOBAM	1.5b	-	-	-	-	-	-	1.5b	3.5b	4
TPG PEP ADVISORS, LLC	5.0b	-	-	-	-	-	-	5.0b	5.0b	3
DORSAL CAPITAL MANAGEMENT, LP	6.0b	-	-	-	-	-	-	6.0b	6.0b	2
ERGOTELES CAPITAL	-	-	-	-	-	-	-	-	4.6b	-
CORECOMMODITY MANAGEMENT, LLC	111.5m	-	-	-	-	-	-	111.5m	3.6b	2
BRAIDWELL LP	7.5b	-	-	-	-	-	-	7.5b	4.9b	8
DAEMON INVESTMENT AND ASSET MANAGEMENT, LLC	5.2b	-	-	-	-	-	-	5.2b	5.2b	3
MANTLE RIDGE LP	4.6b	-	-	-	-	-	-	4.6b	4.6b	12

Brochure Summary

Overview

A. General Description of Advisory Firm The Adviser, a Delaware limited partnership, was formed in May 2004 and has its principal offices in Stamford, Connecticut. The general partner of the Adviser is H/2 Credit Manager GP LLC. The managing member and controlling owner of H/2 Credit Manager GP LLC is Spencer B. Haber. The Adviser and its investment advisory affiliates and advisers identified in the Adviser’s Form ADV, Part 1A (each, an “Investment Advisory Affiliate” or a “Relying Adviser” and sometimes collectively with the Adviser, the “Advisers”) provide investment advisory and asset management services to U.S. and non-U.S. pooled investment vehicles operating as private investment funds (each, a “Client” and collectively, the “Clients”) based on their respective investment objectives. B. Description of Advisory Services The Advisers serve as investment advisers to the Clients as set forth in the investment management agreements with the Clients and in each Client’s governing documents. The Advisers provide advice on a discretionary basis to the Clients primarily in respect of investments in private and/or public debt and other fixed income-related investments, in or relating to commercial real estate and related sectors. Please refer to Item 8 for a more detailed description of the Advisers’ investment strategies

as well as the securities, and other instruments, purchased by the Clients under the management of the Advisers. C. Availability of Customized Services for Individual Clients The Advisers’ investment decisions and advice with respect to each Client are subject to each Client’s investment objectives and guidelines, as set forth in its offering documents. In addition, the Advisers have the right to enter and have entered into agreements, such as side letters, with certain underlying investors of the Clients that may provide additional obligations on the Advisers or grant additional rights to the investors than what is provided to other underlying investors of the Clients. Persons reviewing this Form ADV Part 2A should not construe this as an offering to any of the Clients described herein, which will only be made pursuant to the delivery of a private placement memorandum to prospective investors. D. Wrap Fee Programs The Advisers do not participate in wrap fee programs. E. Assets Under Management The regulatory assets under management (including uncalled capital commitments) that the Adviser, its Investment Advisory Affiliates and Relying Advisers managed on a discretionary basis equaled $5,688,617,296 (the “RAUM”), using a December 31, 2023 valuation date for all Clients. As of December 31, 2023, the Advisers do not manage any assets on a non-discretionary basis.