Black Hill Capital Partners, LLC

Black Hill Capital Partners, LLC is a registered investment advisor based in San Francisco, California, established in December 1999. The firm specializes in offering investment management services to Individually Managed Accounts and as a sub-adviser to an actively-managed exchange-traded fund (ETF) focused on technology, artificial intelligence, and deep learning companies. As of December 31, 2024, the firm had $51,774,761 in discretionary assets under management. For Individually Managed Accounts, fees are 1% per year of assets under management, billed quarterly. The ETF charges a monthly fee based on an annual fee of 0.68% and shares 50% of net profits with the advisor. The firm does not receive performance-based fees and requires a minimum investment commitment of $10,000,000 for separate accounts, which may be waived at their discretion. Black Hill's investment strategy focuses on technology companies, aiming for long-term capital appreciation while limiting volatility. The firm utilizes fundamental and technical analysis for investment decisions and concentrates on growth stocks with a buy & hold strategy. Clients retain the right to vote on proxies for specified securities held in their accounts. Sangbum Kim, the Managing Member, has an educational background in engineering and business and has been with the firm since 1998. In September 2021, the firm faced disciplinary actions related to failing to perform an annual independent audit and borrowing client assets. Sangbum Kim is the sole person providing investment advice and can be reached at (415) 805-7887.