Maritime Partners, LLC

Maritime Partners, LLC is an investment advisory firm established in May 2015, specializing in providing advisory services to private funds focused on U.S. flagged maritime vessels and related assets. The firm, based in Metairie, Louisiana, manages approximately $3.06 billion in regulatory assets under management as of December 31, 2024. Maritime Partners offers discretionary asset management and investment advisory services to private pooled investment vehicles, with management fees typically ranging from 1.0% to 2.0% per annum based on the Fund's Governing Documents. Clients are primarily private funds with minimum capital commitments of at least $5,000,000, which may be waived at the discretion of the managing member. The firm's investment strategy is value-oriented and research-driven, focusing on identifying high-performing opportunities in the maritime industry. Potential risks for clients include the high-risk nature of investments, reliance on key personnel, and regulatory and operational risks associated with maritime investments. Maritime Partners acts as the general partner or managing member of the Funds, providing full discretionary authority over investment decisions. The firm does not engage in trading transactions on behalf of clients and compensates a placement agent for investor referrals. Clients receive audited financial statements within 120 days of the fiscal year-end. The firm's financial condition is deemed stable, with no bankruptcy petitions in the past ten years.