MAKAIRA PARTNERS, LLC

other names
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Adviser Profile
As of Date 11/12/2024
Adviser Type - Large advisory firm
Number of Employees 6 -14.29%
of those in investment advisory functions 3 -25.00%
Registration SEC, Approved, 03/08/2012
AUM* 860,477,000 11.02%
of that, discretionary 860,477,000 11.02%
Private Fund GAV* 781,663,000 65.93%
Avg Account Size 215,119,250 11.02%
SMA’s No
Private Funds 2 1
Contact Info 858 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
918M 787M 656M 525M 393M 262M 131M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count2 GAV$781,663,000

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Brochure Summary

Overview

Makaira is a Delaware limited liability company that has been in business since 2007. It serves as a general partner of U.S. investment limited partnerships, as an investment adviser to a Cayman Islands master fund through which a U.S. investment limited partnership and a Cayman Islands fund invests substantially all of its assets in (collectively referred to as the “Funds”), and as an investment adviser to individually managed accounts (the “Separate Accounts”). Makaira’s managing member, controlling owner and portfolio manager is Thomas M. Bancroft III. As of December 31, 2023, Makaira had total discretionary assets under management of approximately $860,477,000. Makaira only manages assets on a discretionary basis. Makaira invests on behalf of its clients primarily in long positions in publicly traded U.S. and non- U.S. common stocks, but is authorized to enter into any type of investment
transaction that it deems appropriate under the terms of the client’s partnership or other account agreement. Accordingly, client accounts may also be invested in private securities, preferred stocks, warrants and rights, corporate debt, bonds, notes or other debentures, convertible securities, options, futures, commodities, forward and other derivative instruments, partnership interests and other securities or financial instruments including mutual funds. The investors in the Funds that Makaira manages have no opportunity to select or evaluate any Fund investments or strategies. Makaira selects all Fund investments and strategies. Makaira typically does not tailor its services to the needs of any Separate Account but may agree to comply with certain restrictions on investing as set forth by the account. Makaira’s discretionary authority is limited, however, as described in Item 16.