Introduction 
The Magnolia Group, LLC (“The Magnolia Group” or the “Firm”) is an investment adviser registered with 
the United States Securities and Exchange Commission (“SEC”), with principal offices in Omaha, Nebraska.  
The Magnolia Group, LLC is privately held  and is owned 100% by Adam K. Peterson, its founder and 
Managing Member.  The Firm was established in November 2012 and became registered as an investment 
adviser in August of 2014.  
The Magnolia Group provides investment advisory services to the Magnolia Capital Fund, LP and Magnolia 
BOC I, LP, collectively (“clients”). 
Private Fund Asset Management 
The Capital Fund  
The Magnolia Group provides investment advisory services to a private investment fund, the Magnolia 
Capital Fund, LP, a Delaware limited partnership (the “Capital Fund” or the “Fund”).  The Magnolia Group 
serves as the general partner (in such capacity, the “General Partner”) and investment adviser to the 
Capital Fund with sole authority to manage and control the business affairs of the Capital Fund as well as 
exclusive portfolio management responsibilities pursuant to the Capital Fund’s  Limited Partnership 
Agreement (“Partnership Agreement”).  The Magnolia Group manages the Capital Fund’s assets based on 
the investment objectives and restrictions of the Capital Fund as outlined in the Capital Fund’s 
Confidential Private Offering Memorandum (“Memorandum”), rather than on the individual needs and 
objectives of the limited partners in the Capital Fund. 
While the Capital Fund’s assets will be primarily invested in publicly traded common stock, the Capital
                                        
                                        
                                             
Fund is authorized to invest in any other securities, instruments, derivatives, and other investments 
deemed appropriate by The Magnolia Group, including, but not limited, preferred stock, options on stocks 
and indices, warrants, bonds, debentures, convertible securities and other debt obligations, exchange 
traded funds, swaps, forwards, futures, indices, structured and other synthetic securities and related 
derivative instruments (including those relating to equity securities, equity indices, interest rate products, 
fixed-income products, currencies and indices), securities of foreign issuers, private equity, and non-
marketable investments. 
Investments in the Capital Fund are suitable for “Accredited Investors” as defined in Rule 501(a) of the 
Securities Act of 1933 and “Qualified Clients” as defined under Rule 205-3 of the Investment Advisers Act 
of 1940  (“Advisers Act”).  Investors interested in the Capital Fund should refer to the Partnership 
Agreement and the Memorandum for important information regarding investment objectives, risks, fees, 
and additional disclosures for a complete understanding of the terms and conditions for investing in the 
Capital Fund. 
Fund of One 
The Magnolia Group also provides investment advisory services to a fund of one, Magnolia BOC I, LP 
(“Fund of One”). The Fund of One is comprised of a single limited partner investor and is intended to hold 
only one asset.    
The Magnolia Group, LLC Page 5  Form ADV Part 2A 
Assets Under Management 
As of December 31,  2023, The Magnolia Group manages approximately  $783,587,938  of  assets on a 
discretionary basis.