Overview
SQN Investors LP is an investment adviser organized as a Delaware limited partnership which was
formed in January 2014. Although SQN may manage additional client accounts in the future,
currently it serves exclusively as the investment adviser to pooled investment vehicles.
SQN serves as the investment adviser for SQN Investors Master Fund LP, a Cayman Islands
exempted limited partnership (the “Master Fund), a “master fund” whose limited partners are SQN
Investors Offshore Ltd (the “Offshore Feeder”) and SQN Investors Fund LP (the “U.S. Feeder”
and, together with the Master Fund and the Offshore Feeder, individually a “Fund” and collectively
with special purpose vehicles detailed below, the “Funds”). The Offshore Feeder is available for
investment by non-U.S. investors and U.S. tax-exempt investors that are “qualified purchasers” so
that it can be excluded from the definition of an “investment company” under section 3(c)(7) of
the Investment Company Act of 1940. The U.S. Feeder is available for investment by taxable U.S.
investors that are “qualified purchasers” so that it can also be excluded from the definition of an
investment company under the section 3(c)(7) of the Investment Company Act of 1940.
SQN’s founder and controlling owner is Amish Mehta. SQN’s affiliate, SQN Partners (GP) LLC,
a Delaware limited liability company, serves as general partner to the U.S. Feeder and the Master
Fund (“SQN GP”).
In addition to its primary activities of serving as the investment adviser to the Master Fund, SQN
is also the investment manager and SQN GP is the general partner to SQN Special Opportunity
Fund 2 LP and SQN Special Opportunity Fund 3 LP, both special purpose
vehicles (“SPV”)
established solely for the purpose of making one or more direct or indirect investments in equity
or equity-linked securities in a single non-publicly traded portfolio company made through an
unaffiliated limited partnership that is managed by an unaffiliated investment adviser. The SPVs
are available only to “qualified clients” and are excluded from the definition of an “investment
company” under section 3(c)(1) of the Investment Company Act of 1940.
As of December 31, 2023, SQN had approximately $279,124,232 of regulatory assets under
management on a discretionary basis. SQN does not manage any regulatory assets on a non-
discretionary basis.
In providing services to the Funds, SQN formulates the investment objectives, directs and manages
the investment and reinvestment of assets, and provides reports to investors. Investment advice is
provided directly to the Funds and not individually to the limited partners of the Funds. SQN
manages the assets of the Funds in accordance with the terms of each Fund’s confidential offering
or private placement memoranda, individual partnership or other account agreement applicable to
each Fund (the “Governing Documents”).
SQN invests principally, but not solely, in equity and equity-related securities and commodities
that are traded publicly in U.S. and non-U.S. markets on behalf of its clients, but it 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. Fund investors have no opportunity to select or
evaluate any Fund investments or strategies. SQN selects all Fund investments and strategies.