Brochure · Part 2A of Form ADV
SEC File No. 801-00000 · CIK 0001984213
Brochure Date: January 15, 2026
The Nibbles Fund, LP. CIK 0001984213. Principal Office: Shoebox, Apartment 4B, Fort Lee, NJ.
This brochure provides information about the qualifications and business practices of The Nibbles Fund. If you have any questions about the contents of this brochure, direct them to Deborah.
Deborah will consider your question.
Since the last annual update, the following material changes have occurred:
None. Mr. Nibbles does not believe in material change.
The Adviser provides discretionary investment management services. The Adviser is a hamster. The Adviser is discretionary in temperament as well as in legal character.
Amount in the stash, last time Deborah counted: $4.2M (approximate, unaudited, aspirational).
The Adviser tailors advisory services to the individual needs of clients who have not been accepted as clients.
The Adviser charges a management fee of 2% per annum, assessed quarterly in arrears.
A performance fee of 20% applies above the high-water mark.
Payment may be remitted in USD, SOL, or sunflower seeds. The Adviser prefers sunflower seeds.
Fees are not negotiable. Neither is Deborah.
The Adviser charges performance-based fees from the Fund. The Adviser does not manage other vehicles.
There is no side-by-side conflict because there is no side.
The Adviser provides investment advisory services to: (a) The Nibbles Fund; (b) Deborah.
No outside clients are accepted. No outside clients have applied. Deborah prefers this arrangement.
Methods of Analysis: Seeds.
Specifically, the Seven Seeds framework. Seeds I through III are disclosed on the Fund's public materials. Seeds IV through VII are proprietary.
Risk of Loss: Clients should be aware that investment in securities involves risk of loss. The Adviser has never realized such a loss in practice. This is not a representation that such a loss cannot occur.
The Adviser has no disciplinary events to disclose. The Adviser is a hamster.
The Adviser has no outside financial industry activities.
Craig is listed as Chief Executive Officer of The Fund. Craig has outside activities. Craig is not the Adviser.
The Adviser's Code of Ethics is the Seven Seeds.
A copy is available on request. Requests are considered. Copies are not provided.
Brokerage: Jupiter. Custody: Phantom Wallet. The Adviser aggregates transactions where practicable. In practice, the Adviser transacts infrequently.
Mr. Nibbles reviews. That is the review.
Deborah summarizes. That is the summary.
Craig is not involved in review.
The Adviser does not compensate any person for client referrals. The Adviser does not have clients.
The Adviser does not accept personal checks, wire transfers, or grievances.
All inquiries are to be addressed to Deborah. Deborah is not obligated to respond.
This Item 14 is provided in lieu of standard compliance disclosures because the standard disclosures have already been provided by implication.