Investment adviser · CRD 281794

HILL PATH CAPITAL LP

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $3.41B
Client accounts: 25
Employees: 21
Advisory professionals: 15

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	25	$3,408,180,964	100.0%

Filing source

Form ADV 2075152 · Mar 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

20 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

HILL PATH CAPITAL PARTNERS III LPHedge Fund · Last reported Mar 30, 2026$1.34BGross asset value

Form D fundraising filings

Hill Path Capital Partners III LP

Feeder funds

HILL PATH CAPITAL PARTNERS III BLOCKER (CAYMAN) LP

Fund administrator SS&C TECHNOLOGIES NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGETOWN, Cayman Islands

Custodian FIRST CITIZENS BANK AND TRUST CO. (FORMERLY SILICON VALLEY BANK) RALEIGH, North Carolina, United States Related to adviser: No

Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Marketer CONSTELLAR CAPITAL PARTNERS HONG KONG LIMITED CENTRAL, Hong Kong Related to adviser: Yes

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS
PCAOB 1266

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY & CO. LLC
SEC 8-15869

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-2693789527
Reported beneficial owners: 50
Minimum commitment: $100K
Form D file number: 021-417442

Form ADV 2075152 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HILL PATH CAPITAL PARTNERS II LPHedge Fund · Last reported Mar 30, 2026$571MGross asset value

Form D fundraising filings

Hill Path Capital Partners II LP

Feeder funds

HILL PATH CAPITAL PARTNERS II BLOCKER (CAYMAN) LP

Fund administrator SS&C TECHNOLOGIES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGETOWN, Cayman Islands

Custodian FIRST CITIZENS BANK AND TRUST CO. (FORMERLY SILICON VALLEY BANK) RALEIGH, North Carolina, United States Related to adviser: No

Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Custodian MORGAN STANLEY & CO. LLC NEW YORK, New York, United States Related to adviser: No

Custodian NOMURA GLOBAL FINANCIAL PRODUCTS INC. NEW YORK, New York, United States Related to adviser: No

Custodian TRUIST FINANCIAL CORPORATION CHARLOTTE, North Carolina, United States Related to adviser: No

Prime broker J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States

Prime broker MORGAN STANLEY & CO. LLC NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 1266

J.P. MORGAN SECURITIES LLC
SEC 8-35008

MORGAN STANLEY & CO. LLC
SEC 8-15869

NOMURA GLOBAL FINANCIAL PRODUCTS INC.
SEC 8-69208

TRUIST FINANCIAL CORPORATION
LEI JJKC32MCHWDI71265Z06

J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008

MORGAN STANLEY & CO. LLC
CRD 8209 · SEC 8-15869

Fund details & source

Fund ID: 805-2927425008
Reported beneficial owners: 47
Minimum commitment: $100K
Form D file number: 021-328977

Form ADV 2075152 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HEP FUND LPPrivate Equity Fund · Last reported Mar 30, 2026$382MGross asset value