Lim Fund Management, LLC

LIM Fund Management, LLC, established in March 2019, is an SEC-registered investment adviser specializing in discretionary investment management services. The firm primarily manages the LIM Bulwark Credit Opportunities Fund, LP, providing tailored separate account advisory services for individual client portfolios. Clients have the authority to impose restrictions on investments, with a minimum account size of $1 million for the Credit Opportunities Strategy, which is negotiable based on the client's relationship with the firm. LIM FM charges a 1.25% fee for all assets under management (AUM) and a 15% performance fee for the Credit Opportunities Strategy. The firm does not participate in wrap fee programs and does not receive compensation for the sale of securities. LIM FM exercises investment discretion, engaging in block trading to achieve consistent performance among accounts. The firm follows a Code of Ethics, ensuring high ethical standards and fiduciary duty to clients. LIM FM has implemented policies for proxy voting and maintains appropriate safeguards for client information security. The firm has no material changes since its last filing and has no disciplinary events. Clients receive regular portfolio reviews and reports, with transparency on fees and compensation structures. LIM FM's investment strategies focus on generating capital gains and income through a diversified portfolio of bonds, loans, and credit-related assets. The firm employs leverage and options to enhance returns, with a focus on risk management and client suitability.