Overview
Description of Advisory Firm
Mitchell Portfolio Management, L.P. ("MPM," "we," "our," or "us") is a privately owned limited
partnership headquartered in Costa Mesa, California. MPM is registered as an investment adviser
with the U.S. Securities and Exchange Commission ("SEC"). In December 2014, Mitchell Portfolio
Management, L.P. changed its name from J.E. Mitchell & Co., L.P.
James E. Mitchell founded MPM on January 1, 2005. MPM was initially exempt from registration as
an investment adviser, then was subject to filing as an exempt reporting adviser with the SEC, and
in 2014 first became subject to registration with the SEC. The principal owner of MPM is a family
trust, of which Michael A. Mitchell is the Trustee. Andrew J. Mitchell is the General Partner of
MPM.
Advisory Services Offered
MPM is the General Partner of, and serves as the investment adviser to, a private investment fund:
Mitchell Partners, L.P. (the "Partnership”). The Partnership was formed by James E. Mitchell in
December 1979. The Partnership is available only to "Accredited Investors," as the term is defined
by Rule 501 of the Securities Act of 1933, and
is offered only by a private offering memorandum.
Investors in the Partnership must also meet the financial requirements of SEC Regulation 275.205-
3(b) of the Investment Advisers Act of 1940, since the Partnership has a performance-based
compensation structure. We offer investment advice limited to only the Partnership. Additional
information on these standards is provided in the private placement memorandum and subscription
agreement for the Partnership.
This Form ADV Part 2A Brochure is not an offer to sell, or a solicitation of an offer to purchase,
interests in the Partnership. Such an offer can only occur when the prospective investor receives
the offering documents.
Tailored Services and Client Imposed Restrictions
We manage the Partnership according to the investment objectives outlined in the Partnership
documents. Since the Partnership is a pooled investment vehicle, investors may not impose
restrictions on the investments held in the Partnership.
Assets Under Management
As of December 31, 2023, MPM's audited discretionary assets under our management were
$163,034,507. MPM has no non-discretionary assets under management.