THIRD GEAR CAPITAL MANAGEMENT LP

Overview

Third Gear Capital Management LP is organized as a limited partnership operating as a hedge fund adviser focused on pooled investment vehicles for institutional investors. The firm serves as adviser and sponsor/GP/managing member of its funds, taking direct responsibility for portfolio construction and manager selection rather than acting primarily as a broad capital allocator. Its compensation mixes a percentage-of-assets charge with performance-based fees, which aligns fee income with returns and is typical for actively managed hedge fund strategies. Investment activity centers on running and managing pooled vehicles rather than separate advisory mandates. The firm does not identify as an active ESG investor and is structured as a single-state adviser. It became an SEC-registered adviser in 2025, reflecting a regulatory profile consistent with firms running pooled investment vehicles and taking on institutional limited partners.

Assets & Accounts

Investments & Alternatives

Location & Offices