Readystate Asset Management

Readystate Asset Management, LP is a registered investment adviser based in Chicago, Illinois, established in 2021. The firm specializes in providing investment advisory services on a discretionary basis to private investment funds. Their investment objective is to maximize risk-adjusted returns over intermediate- and long-term horizons through relative value and absolute value investment strategies. Readystate focuses on identifying imbalances in credit, equity, and volatility markets using proprietary quantitative analysis and fundamental research across various asset classes. The firm had $1.14 billion of regulatory assets under management as of December 31, 2022, managed on a discretionary basis. For potential clients, the minimum initial investment is $5 million, subject to reduction at the discretion of the adviser. Readystate typically charges fees based on a set percentage of assets under management and performance. The firm does not participate in wrap fee programs. Clients have investment discretion, and Readystate reserves the right to enter into side letters and agreements with certain investors. The firm's fee structure includes management fees calculated quarterly and performance-based incentive allocations based on realized and unrealized returns. Readystate has a Code of Ethics in place to ensure fair and ethical practices, including guidelines for personal trading and client transactions. The firm has custody of client assets and has adopted proxy voting policies to ensure proxies are voted in clients' best interests.