Overview
Identify your principal owner(s).
Hale Capital Management, LP (“Hale Capital”) is a Delaware limited partnership
that was formed on January 7, 2008. Hale Capital is owned by Martin de Mora
Hale, Jr.
specializing in a particular type of advisory service, such as financial planning,
quantitative analysis, or market timing, explain the nature of that service in
greater detail. If you provide investment advice only with respect to limited types
of investments, explain the type of investment advice you offer, and disclose that
your advice is limited to those types of investments.
Hale Capital provides discretionary investment advice to (i) Hale Capital
Partners, L.P., a U.S. organized private investment partnership (the
“Partnership”) and (ii) certain vehicles established with certain of the
Partnership’s limited partners that may co-invest with the Partnership (“Co-
Investment Vehicles”).
As of the date of this Brochure, Hale Capital does not manage any Co-Investment
Vehicles, but has managed Co-Investment Vehicles in the past and may do so in
the future. As such, Hale Capital includes references to Co-Investment Vehicles
throughout this Brochure.
Hale Capital generally invests and trades on behalf of clients primarily in equity
securities, debt instruments and other obligations of companies (i) with market
capitalizations typically less than $500 million, (ii) in the process of recovering
from or experiencing operating downturns, financial difficulties
and/or adverse
market conditions, and/or (iii) in other extraordinary situations including, but not
limited to, debt restructurings, management reorganizations and product
transitions. (See Item 8 “Methods of Analysis, Investment Strategies and Risk of
Loss”)
individual needs of clients. Explain whether clients may impose restrictions on
investing in certain securities or types of securities.
Hale Capital does not tailor advisory services to investors in the Partnership or
the Co-Investment Vehicles. (See Item 16 “Investment Discretion.”).
Hale Capital, in its sole discretion, has in the past and may again in the future,
(through the use of side letters or other agreements), modify certain of the offering
terms for investors that are principals, employees or affiliates of Hale Capital and
for certain large, strategic or other investors.
services, (1) describe the differences, if any, between how you manage wrap fee
accounts and how you manage other accounts, and (2) explain that you receive a
portion of the wrap fee for your services.
Hale Capital does not participate in wrap fee programs.
discretionary basis and the amount of client assets you manage on a non-
discretionary basis. Disclose the date “as of” which you calculated the amounts.
As of December 31, 2023, Hale Capital managed approximately $191,361,810 in
regulatory assets on a discretionary basis. Hale Capital does not manage any
assets on a non-discretionary basis.