Boone Capital Management LLC

Boone Capital Management LLC, established in January 2021, is a Delaware-based firm specializing in providing discretionary investment advice to private investment funds, with a focus on U.S. and non-U.S. healthcare companies. As of December 31, 2024, the firm managed approximately $632,901,000 in regulatory assets under management. The firm's investment strategy aims to achieve capital appreciation through a long-biased approach, investing primarily in healthcare companies across all market capitalizations. Boone Capital Management has discretion to manage the investment program of each client fund within the guidelines set forth in the investment management agreement. The firm charges management fees ranging from 1.0% to 1.25% per annum and performance-based compensation ranging from 15% to 20% of net profits in excess of a 5% non-cumulative hurdle per annum. Clients are required to make a minimum initial investment of at least $2,000,000. Boone Capital Management acts as a fiduciary, placing clients' interests above its own and has adopted a code of ethics to ensure compliance with applicable laws and regulations. The firm does not have any disciplinary information to disclose and maintains custody of client assets in accordance with regulatory requirements. Clients receive regular account statements and financial reports, and the firm votes proxies based on its proxy voting policy designed to serve clients' best interests.