Speyside Fund Advisers LLC

Speyside Fund Advisers LLC, based in Southfield, Michigan, provides investment advisory services to a privately pooled investment vehicle and special purpose co-investment vehicles. The firm's regulatory assets under management were approximately US$77,625,000 as of December 31, 2023, managed on a discretionary basis. Speyside charges a Management Fee of 2.5% of capital commitments during an investment period, later transitioning to 2.5% of invested capital outstanding. Carried Interest is typically 20% of total distributions after a preferred return to investors. The minimum initial investment in the Fund is generally $5,000,000. Speyside's investment strategy focuses on control-oriented investments in lower middle-market companies, with an emphasis on restructuring and operational improvements. The firm discloses potential risks associated with illiquid investments, market volatility, and regulatory changes. Speyside operates under a Code of Ethics to ensure client interests are prioritized. The firm does not have any disciplinary history and does not engage in soft dollar arrangements. Clients receive regular account reviews and audited financial statements within 120 days of the fiscal year end. Speyside does not provide custodial services but uses qualified custodians for client assets. The firm has investment discretion and may vote proxies on behalf of clients when necessary. Overall, Speyside Fund Advisers LLC emphasizes transparency, risk management, and client-focused investment strategies.