Stabilis Capital Management, LP (the “Adviser”), a limited partnership formed under the laws of the State of
Delaware, was formed on July 16, 2010. The Adviser’s principal place of business is in New York, New York. The
Adviser is currently majority-owned by Stabilis Capital Management I, Inc., which in turn is wholly-owned by
Salman A. Akbar Khan, who is a principal executive officer and management person of the Adviser.
The Adviser currently provides investment supervisory services on a discretionary basis primarily to private
investment funds (the “Funds”) that are currently offered to investors. The Funds currently consist of Stabilis Fund
IV, LP, a Delaware limited partnership (“Master Fund IV”), Stabilis Fund IV – Offshore, LP, a Cayman Islands
exempted limited partnership (“Offshore Fund IV”), Stabilis Fund V, LP, a Delaware limited partnership
(“Master Fund V”), Stabilis Fund V – Offshore, LP, a Cayman Islands exempted limited partnership (“Offshore
Fund V”), Stabilis Bridge Fund II, LP, a Delaware limited partnership (“Bridge Fund II”), Stabilis Bridge Fund
II, Cayman LP, a Cayman Islands exempted limited partnership (“Bridge Fund II Cayman”), Stabilis REIT
(Onshore) LLC, a Delaware limited liability company (“Onshore REIT”), Stabilis REIT (Offshore) LLC, a
Delaware limited liability company (“Offshore REIT”), together with Fund III, Offshore Fund III, Master Fund
III, Master Fund IV, Offshore Fund IV, Master Fund V, Bridge Fund II, Bridge Fund II Cayman, Onshore REIT,
and Offshore REIT, the “Funds” and together with any other advisory clients of the Adviser, “Clients”).
The Adviser may organize additional private investment funds in the future which utilize similar or different
investment strategies than the Funds.
The Funds mainly invest in commercial real estate loans, principally by originating short term bridge loans secured
by first lien positions against commercial real estate, and through loans acquired from banks and other financial
institutions, the majority of which
are and will continue to be secured by hard assets including, but not limited to,
commercial real estate (collectively, the “Portfolio Investments”). Notwithstanding the foregoing, each Feeder
Fund invests substantially all of its assets in the Master Fund pursuant to a master-feeder structure.
The Adviser will have discretionary authority to make the following determinations without obtaining the consent
of clients before the transactions are effected:
• identifying, structuring and managing the Portfolio Investments;
• the securities that are to be bought or sold;
• the total amount of the securities to be bought or sold;
• the brokers or intermediaries through which Portfolio Investments or other securities are to be bought or
sold; and
• the commission rates (or other form of compensation) paid to brokers or intermediaries brokers or
intermediaries for effecting Portfolio Investment and/or securities transactions for client accounts.
The Adviser manages the Funds in accordance with the terms of the offering documents applicable to the Funds.
For additional information about the investment strategies see discussion under “Methods of Analysis, Investment
Strategies and Risks of Loss.” Also, details regarding the investment objectives of each of the Funds can be found
in the offering documents.
Shares or limited partnership interests in the Funds are not registered under the U.S. Securities Act of 1933, as
amended (the “Securities Act”); nor are the Funds registered under the Investment Company Act of 1940, as
amended (the “Investment Company Act”). Accordingly, interests or shares in the Funds are offered and sold
exclusively to investors satisfying the applicable eligibility and suitability requirements, either in private
transactions within the United States or in offshore transactions.
As of December 31, 2023, the Adviser managed approximately $255,514,501 in regulatory assets under
management on a discretionary basis.