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Hill City Capital LP

● SEC registered since 2020CRD 306709SEC# 801-118089Boston, MA
Export (members)
Ranks #1,359 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$4.86B
Fund GAV
$4.86B
Private funds
2
Employees
7
Accounts
6
Location
Boston, MA

Hill City Capital LP assets under management

Hill City Capital LP is an investment advisory firm registered with the SEC based in Boston, MA. The firm has been registered since 2020. It reports $4.9 billion in regulatory assets under management and employs 7 people. Hill City Capital LP manages 2 private funds with combined gross assets of $4.9 billion, including Hill City Capital Master Fund LP. By regulatory assets, it ranks 1,359 of 6,004 private fund managers.

Hill City Capital LP private funds

2 funds · $4.86B GAV
FundTypeGross assetsMin.
Hill City Capital Master Fund LPHedge$4.5B$5M
Hill City Fund I LLCPrivate Equity$362.7M$5M

Hill City Capital LP owners & executives

8 reported
NameTitleOwnershipSince
Hcity Holdings, LLC ControlLimited PartnerOver 75%2025
Herbert Anselem Frazier ControlChief Investment Officer/ Limited Partner/ Managing PartnerUnder 5%2019
Hill City GP LLC ControlGeneral PartnerUnder 5%2019
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Frequently asked questions

How much does Hill City Capital LP manage?

Hill City Capital LP reports $4.9 billion in regulatory assets under management on its Form ADV.

How many private funds does Hill City Capital LP manage?

Hill City Capital LP manages 2 private funds with combined gross assets of $4.9 billion.

How many employees does Hill City Capital LP have?

Hill City Capital LP reports 7 employees.

Where is Hill City Capital LP located?

Hill City Capital LP is based in Boston, MA and has been SEC-registered since 2020.

Does Hill City Capital LP disclose fund performance?

Hill City Capital LP is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address121 High Street, Third Floor, Boston, MA 02110
Phone617-702-7408
Office hours9a.m.-5p.m.
SEC regionBoston Regional Office (BRO)
CIK1837343
Discloses disciplinary historyNo

Regulatory AUM

$4.86B▲ 69%
Mar '25 — $2.87BApr '25 — $2.87BMay '25 — $2.87BJun '25 — $2.87BJul '25 — $2.87BAug '25 — $2.87BSep '25 — $2.87BOct '25 — $2.87BNov '25 — $2.87BDec '25 — $2.87BJan '26 — $2.87BFeb '26 — $2.87BMar '26 — $4.86BApr '26 — $4.86BMay '26 — $4.86BJun '26 — $4.86B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 13%
Larger than 87% of 16,271 advisers
AUM vs fund managersTop 23%
Larger than 77% of 6,004 private-fund managers
Number of fundsTop 63%
More funds than 37% of fund managers
EmployeesTop 51%
More than 49% of 16,825 advisers

Assets under management

$4.86Bregulatory AUM
Discretionary $4.86B

Fund type mix

Hedge1
Private Equity1