Hedge Fund Database

TWO SEAS CAPITAL LP

Adviser information for TWO SEAS CAPITAL LP last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Partnership
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 10
Investment Advisory/Research 5
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 0
Licensed Agents of an Insurance Company 0
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 10 $762.4M
Non-Discretionary 0 $0
Total 10 $762.4M

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 0 $0
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 10 $762.4M
Pension and profit sharing plans 0 $0
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 1 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 1
No. of Non-U.S. Clients 36
No. of Financial Planning Clients 0

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees

Identifiers

SEC RIA File Number 801-119993
SEC ERA File Number 801-119993
SEC CIK Numbers 1823138
SEC CRD Numbers 310191
Legal Entity Identifier 549300IG1R1JWZAD4654

Principal Office

32 ELM PLACE, 3RD FLOOR
RYE
NY
United States
Monday - Friday, 9-5
Tel: 914-690-8253, Fax: None

Websites

twoseascap.com/ www.linkedin.com/company/two-seas-capital-lp

Chief Compliance Officer

LAWRENCE V. PALERMO
CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER
32 ELM PLACE, 3RD FLOOR
RYE
NY
United States
Tel: 646-420-4504
(Full email address available in API data)

Regulatory Contact

SINA TOUSSI
CHIEF INVESTMENT OFFICER
32 ELM PLACE, 3RD FLOOR
RYE
NY
United States
Tel: 917-536-6028
(Full email address available in API data)

Industry Affiliates

PELEKYS INVESTMENTS LLC Sponsor, GP, manager of pooled investment vehicles
TWO SEAS GLOBAL FUND GP LLC Sponsor, GP, manager of pooled investment vehicles
TWO SEAS LITIGATION OPPORTUNITIES FUND MANAGER LLC Sponsor, GP, manager of pooled investment vehicles
TWO SEAS LNP OPPORTUNITIES FUND GP LLC Sponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
TWO SEAS DURATION LITIGATION OPPORTUNITIES FUND LLC - CLASS 1 Hedge Fund $2.9M $0.1M 16
TWO SEAS DURATION LITIGATION OPPORTUNITIES FUND LLC - CLASS 3 Hedge Fund $1.0M $0.1M 6
TWO SEAS DURATION LITIGATION OPPORTUNITIES FUND LLC - CLASS 4 Hedge Fund $1.5M $0.0M 12
TWO SEAS GLOBAL (CAYMAN) FUND LP Hedge Fund $134.1M $0.1M 38
TWO SEAS GLOBAL (DOMESTIC) FUND LP Hedge Fund $143.3M $0.1M 108
TWO SEAS GLOBAL (MASTER) FUND LP Hedge Fund $483.2M $1.0M 145
TWO SEAS LITIGATION OPPORTUNITIES FUND LLC Hedge Fund $198.3M $0.1M 56
TWO SEAS LNP OPPORTUNITIES (CAYMAN) FUND LP Hedge Fund $15.7M $0.1M 9
TWO SEAS LNP OPPORTUNITIES (DOMESTIC) FUND LP Hedge Fund $45.5M $0.0M 71
TWO SEAS LNP OPPORTUNITIES (MASTER) FUND LP Hedge Fund $71.8M $0.0M 82

Control Persons

Name Type Entity Title Since Ownership
TOUSSI, SINA, NMN Individual – LIMITED PARTNER / CHIEF INVESTMENT OFFICER 12/2019 50-75%
TWO SEAS CAPITAL GP LLC Domestic Entity – GENERAL PARTNER 10/2019 < 5%
TOUSSI, SINA, NMN Individual TWO SEAS CAPITAL GP LLC MEMBER 10/2019 > 75%
PALERMO, LAWRENCE, VINCENT Individual – CHIEF COMPLIANCE OFFICER / CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER 11/2020 5-10%
BENNETT, JOHN, PATRICK Individual – MANAGING DIRECTOR / HEAD TRADER 03/2021 5-10%
SHETH, HIMANSHU, DIPAK Individual – MANAGING DIRECTOR / HEAD OF RESEARCH 03/2021 10-25%
CHASEN, DAVID, SCOTT Individual – MANAGING DIRECTOR 03/2021 5-10%

No. Employees, Historic

10502020202120222023202420250 on 11/18/20203 on 11/20/20203 on 1/5/20216 on 3/31/20218 on 3/31/20228 on 4/19/20228 on 4/29/20229 on 3/31/20239 on 4/27/202310 on 3/28/2024

RAUM, Historic

800M400M020202021202220232024202581452125 on 11/20/202081452125 on 1/5/2021207190331 on 3/31/2021453534276 on 3/31/2022453534276 on 4/19/2022453534276 on 4/29/2022605689792 on 3/31/2023605689792 on 4/27/2023762392176 on 3/28/2024

No. Clients, Historic

201002020202120222023202420250 on 11/18/20202 on 11/20/20202 on 1/5/20215 on 3/31/20215 on 3/31/20225 on 4/19/20228 on 4/29/202210 on 3/31/202310 on 4/27/202311 on 3/28/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALPHABET INC CAP STK CL A 9M 49K –
ARBUTUS BIOPHARMA CORP COM 26M 9M –
ARCUTIS BIOTHERAPEUTICS INC COM 7M 762K –
AVADEL PHARMACEUTICALS PLC COM SHS 30M 2M –
CORE SCIENTIFIC INC NEW *W EXP 01/23/202 1M 280K –
CORE SCIENTIFIC INC NEW *W EXP 01/23/202 2M 234K –
CORE SCIENTIFIC INC NEW COM 58M 6M –
ESPERION THERAPEUTICS INC NE COM 13M 6M –
ESPERION THERAPEUTICS INC NE NOTE 4.000%11/1 19M – –
EXELIXIS INC COM 1M 60K –
EXELIXIS INC COM 1M 51K –
IMMUNOVANT INC COM 18M 692K –
INDIVIOR PLC ORD 204M 13M –
META PLATFORMS INC CL A 16M 31K –
ODYSSEY MARINE EXPL INC COM NEW 6M 1M –
ROIVANT SCIENCES LTD SHS 109M 10M –
SONOS INC COM 10M 704K –
SOTERA HEALTH CO COM 4M 350K –
TALEN ENERGY CORP COM 52M 466K –
TERAWULF INC COM 2M 500K –
VISTRA CORP COM 27M 314K –