Investment adviser · CRD 161012

MUDRICK CAPITAL

Investment adviser filing (IA)

MUDRICK CAPITAL MANAGEMENT, LP

NEW YORK, NY, United States · Form ADV filed Jun 10, 2026

Regulatory AUM: $3.28B
Client accounts: 49
Employees: 35
Advisory professionals: 13

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	30	$1,862,543,212	56.7%
Government entities	Fewer than 5	$1,038,159,390	31.6%
Charities	Fewer than 5	$378,947,740	11.5%
High-net-worth individuals	9	$2,221,847	0.1%
Corporations & businesses	5	$1,057,108	0.0%

Filing source

Form ADV 2111513 · Jun 10, 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

16 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.

MUDRICK DISTRESSED OPPORTUNITY FUND GLOBAL, L.P.Hedge Fund · Last reported Jun 10, 2026$444MGross asset value

Feeder funds

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

Auditor KPMG GRAND CAYMAN, Cayman Islands

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

Custodian INSPIRA FINANCIAL TRUST, LLC OAK BROOK, Illinois, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer GREENSTONE PLACEMENT MANAGEMENT FZ-LLC DUBAI, United Arab Emirates Related to adviser: No

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer TIFIN PRIVATE MARKETS LLC NEW YORK, New York, United States Related to adviser: No

Marketer UNION BANCAIRE PRIVEE, UBP SA LONDON, United Kingdom Related to adviser: No

Marketer VIGILANT DISTRIBUTORS, LLC CHADDS FORD, Pennsylvania, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, 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

KPMG
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

WELLS FARGO SECURITIES, LLC
SEC 8-65876

JEFFERIES LLC
CRD 2347 · SEC 8-15074

TIFIN PRIVATE MARKETS LLC
CRD 305935 · SEC 8-70442

VIGILANT DISTRIBUTORS, LLC
CRD 285573 · SEC 8-69854

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-7573626067
Reported beneficial owners: 178
Minimum commitment: $1M
Form D file number: 021-135107
Form D file number: 021-216632

Form ADV 2111513 · Jun 10, 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.

MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, LPHedge Fund · Last reported Jun 10, 2026$299MGross asset value

Form D fundraising filings

Mudrick Distressed Opportunity Drawdown Fund II, L.P.

Feeder funds

MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN OFFSHORE FUND II, LP

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

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

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

Custodian INSPIRA FINANCIAL TRUST, LLC OAK BROOK, Illinois, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, 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

KPMG LLP
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

WELLS FARGO SECURITIES, LLC
SEC 8-65876

JEFFERIES LLC
CRD 2347 · SEC 8-15074

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-1010007145
Reported beneficial owners: 70
Minimum commitment: $5M
Form D file number: 021-331052
Form D file number: 021-331054

Form ADV 2111513 · Jun 10, 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.

MUDRICK STRESSED CREDIT MASTER FUND, L.P.Hedge Fund · Last reported Jun 10, 2026$242MGross asset value

Feeder funds

MUDRICK STRESSED CREDIT FUND, L.P.
MUDRICK STRESSED CREDIT FUND, LTD.
NM PERA MUDRICK STRESSED CREDIT FUND A, L.P

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

Auditor KPMG GRAND CAYMAN, Cayman Islands

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

Custodian NEEDHAM BANK NEEDHAM, Massachusetts, United States Related to adviser: No

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Marketer GREENSTONE PLACEMENT MANAGEMENT FZ-LLC DUBAI, United Arab Emirates Related to adviser: No

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer TIFIN PRIVATE MARKETS LLC NEW YORK, New York, United States Related to adviser: No

Marketer VIGILANT DISTRIBUTORS, LLC CHADDS FORD, Pennsylvania, United States Related to adviser: No

Prime broker GOLDMAN SACHS & 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

KPMG
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

NEEDHAM BANK
LEI 5493000NZZZU3GFIYL71

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

JEFFERIES LLC
CRD 2347 · SEC 8-15074

TIFIN PRIVATE MARKETS LLC
CRD 305935 · SEC 8-70442

VIGILANT DISTRIBUTORS, LLC
CRD 285573 · SEC 8-69854

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-8227143822
Reported beneficial owners: 67
Minimum commitment: $1M
Form D file number: 021-129034
Form D file number: 021-158707

Form ADV 2111513 · Jun 10, 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.

MUDRICK CAV MASTER, LPHedge Fund · Last reported Jun 10, 2026$113MGross asset value

Feeder funds

Fund administrator MORGAN STANLEY FUND SERVICES (CAYMAN) LTD. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG LTD. GRAND CAYMAN, Cayman Islands

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

Prime broker GOLDMAN SACHS & 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

ERNST & YOUNG LTD.
PCAOB 1655

GOLDMAN SACHS & CO. LLC
SEC 8-129

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

Fund details & source

Fund ID: 805-3187226375
Reported beneficial owners: 12
Minimum commitment: $100K
Form D file number: 021-477971
Form D file number: 021-477972

Form ADV 2111513 · Jun 10, 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.

MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND, L.P.Hedge Fund · Last reported Jun 10, 2026$108MGross asset value

Form D fundraising filings

Mudrick Distressed Opportunity SIF Master Fund, L.P.

Feeder funds

MUDRICK DISTRESSED OPPORTUNITY SIF FEEDER, L.P.

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

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

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

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer UNION BANCAIRE PRIVEE, UBP SA LONDON, United Kingdom Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, 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

KPMG LLP
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

WELLS FARGO SECURITIES, LLC
SEC 8-65876

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-1610982789
Reported beneficial owners: 2
Minimum commitment: $1M
Form D file number: 021-412477
Form D file number: 021-412478

Form ADV 2111513 · Jun 10, 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.

MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND, L.P.Hedge Fund · Last reported Jun 10, 2026$99.4MGross asset value

Form D fundraising filings

Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P.

Feeder funds

MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND OFFSHORE, L.P.

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

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

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

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer MORGAN STANLEY NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, 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

KPMG LLP
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

WELLS FARGO SECURITIES, LLC
SEC 8-65876

MORGAN STANLEY
CRD 149777 · SEC 801-70103

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-5971989772
Reported beneficial owners: 67
Minimum commitment: $5M
Form D file number: 021-399911
Form D file number: 021-399912

Form ADV 2111513 · Jun 10, 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.

MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND III, LPHedge Fund · Last reported Jun 10, 2026$37.4MGross asset value

Form D fundraising filings

Mudrick Distressed Opportunity Drawdown Fund III, L.P.

Feeder funds

MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN OFFSHORE FUND III, LP

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

Auditor KPMG LLP GRAND CAYMAN, Cayman Islands

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

Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No

Custodian WELLS FARGO SECURITIES, LLC NEW YORK, New York, United States Related to adviser: No

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker GOLDMAN SACHS & CO. LLC NEW YORK, New York, United States

Prime broker WELLS FARGO SECURITIES, 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

KPMG LLP
PCAOB 1323

GOLDMAN SACHS & CO. LLC
SEC 8-129

THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
LEI 54930042DBMRRWU1QM80

WELLS FARGO SECURITIES, LLC
SEC 8-65876

JEFFERIES LLC
CRD 2347 · SEC 8-15074

GOLDMAN SACHS & CO. LLC
CRD 361 · SEC 8-129

WELLS FARGO SECURITIES, LLC
CRD 126292 · SEC 8-65876

Fund details & source

Fund ID: 805-3091415183
Reported beneficial owners: 38
Minimum commitment: $5M
Form D file number: 021-514818
Form D file number: 021-514820

Form ADV 2111513 · Jun 10, 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.

Services & filing details

Most recent filing: Jun 10, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

31 WEST 52ND STREET, 16TH FLOOR
NEW YORK, NY, 10019, United States

CRD 161012

Filing source

Form ADV 2111513 · Jun 10, 2026 · Items 1 & 5

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