Square Wave Capital

Square Wave Capital, LLC is an investment advisory firm founded in October 2021 by Ryan Ashayeri. The firm specializes in providing investment advisory services to a single managed account and a private fund, focusing on capital appreciation through long and short positions in publicly traded securities of technology and growth companies. Square Wave primarily serves individuals and qualified purchasers, offering services subject to specific investment objectives and restrictions outlined in client agreements. The firm manages $104,721,000 in discretionary and non-discretionary assets. Clients are charged a management fee of 0.25% of the net asset value quarterly, along with performance-based fees. Square Wave is a fiduciary and registered with the SEC, with no material disciplinary events. The firm's investment strategies are research-driven, long-term focused, and involve fundamental analysis. Square Wave has a Code of Ethics to address conflicts of interest and ensures fair allocation of investment opportunities among clients. The firm may use soft dollars for research and brokerage services and has custody of fund clients' assets. Clients receive regular reports and have access to audited financial statements. Square Wave has established proxy voting policies and procedures to ensure votes are in clients' best interests. The firm has no financial conditions impairing its ability to meet commitments and has not been involved in bankruptcy proceedings in the past 10 years.