Oak Harbor Capital, LLC

Oak Harbor Capital, LLC, formerly known as Ophrys, LLC, is a registered investment adviser established in January 2007. The firm specializes in managing private investment funds focused on distressed consumer receivables, including mortgage loans. Oak Harbor manages 18 private investment funds with assets under management totaling approximately $507.8 million as of December 31, 2024. The firm's investment strategy involves purchasing, servicing, and recovering distressed consumer receivables, tailoring services to each fund's specific objectives. Oak Harbor charges a management fee of 1.75% per annum and may receive a performance-based profit allocation of 20%. The firm emphasizes ethical conduct, with a Code of Ethics in place to ensure compliance with securities laws and regulations. Oak Harbor discloses potential conflicts of interest, such as transactions with affiliated entities, and provides detailed reports to investors, including financial statements and performance updates. The firm does not engage in brokerage practices for public securities and has custody of client assets, subject to annual audits. Oak Harbor exercises full investment discretion for the Oak Harbor Funds, with no client-imposed limitations on investment activities. The firm has no financial commitments impairing its ability to meet client obligations and has not undergone bankruptcy proceedings. For more detailed information, refer to Oak Harbor's Form ADV Part 2A.