Investment adviser · CRD 288201

SHOALS CAPITAL

Investment adviser filing (IA)

SHOALS CAPITAL MANAGEMENT L.P.

ARLINGTON, VA, United States · Form ADV filed Mar 19, 2020

Regulatory AUM: $494M
Client accounts: 3
Employees: 9
Advisory professionals: 7

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	3	$494,103,532	100.0%

Filing source

Form ADV 1379884 · Mar 19, 2020 · 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

1 Private fund

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

SHOALS FINANCIALS OPPORTUNITY MASTER FUND, LPHedge Fund · Last reported Mar 19, 2020$494MGross asset value

Form D fundraising filings

Shoals Financials Opportunity Master Fund, LP

Feeder funds

SHOALS FINANCIALS OPPORTUNITY FUND, LP
SHOALS FINANCIALS OPPORTUNITY OFFSHORE FUND, LTD.

Fund administrator HEDGESERV (CAYMAN) LTD. GEORGETOWN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG GEORGETOWN, Cayman Islands

Custodian NORTHERN TRUST CO NEW YORK, New York, United States Related to adviser: No

Marketer N.A. INVESTCORP LLC NEW YORK, New York, United States Related to adviser: No

Marketer ZANBATO SECURITIES LLC MOUNTAIN VIEW, California, United States Related to adviser: No

Prime broker GOLDMAN SACHS NEW YORK, New York, United States

Prime broker JPMORGAN CHASE 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

ERNST & YOUNG
PCAOB 1655

N.A. INVESTCORP LLC
CRD 134162 · SEC 8-66812

ZANBATO SECURITIES LLC
CRD 279028 · SEC 8-69654

Fund details & source

Fund ID: 805-1590468692
Reported beneficial owners: 16
Minimum commitment: $50K
Form D file number: 021-304879

Form ADV 1379884 · Mar 19, 2020 · 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: Mar 19, 2020. View historical filings

Reported services

Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

1010 N GLEBE RD, SUITE 730
ARLINGTON, VA, 22201, United States

CRD 288201

Filing source

Form ADV 1379884 · Mar 19, 2020 · 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.