Gritstone Asset Management LLC

Gritstone Asset Management LLC is an investment advisory firm based in Bethesda, MD, established in 2018. The firm specializes in providing discretionary investment management services to private pooled investment vehicles and separately managed accounts, focusing on Special Purpose Acquisition Companies, Direct Investments, and Secondary Investments. They offer tailored relationships based on specific investment objectives and restrictions outlined in governing documents. The minimum investment for Private Funds is $1,000,000, and for SMAs is $10,000,000, with the firm having the discretion to waive these minimums under certain criteria. Gritstone charges management fees up to 2.0% annually and performance-based compensation ranging from 10% to 20% based on the Performance Fee Basis. The firm conducts fundamental financial analysis and relative value analysis to identify investment opportunities and aims to provide strong absolute returns. Clients are provided with regular reports and have the option to delegate voting authority on client securities. Gritstone does not have any disciplinary history or financial conditions that may impair its ability to meet commitments.