Paragon Jv Partners, LLC

Paragon JV Partners, LLC, established in 1972 by Bradbury Dyer III, operates as the investment adviser for Paragon Associates and Paragon Associates II Joint Venture (PAJV), specializing in equity investments. PAJV's assets under management were approximately $144,656,000 as of December 31, 2024, managed on a discretionary basis. PJVP charges a fixed dollar amount management fee of $1 for fiscal year 2024, along with a performance allocation of up to 20% of net capital appreciation. The firm employs fundamental analysis and shorting strategies to seek superior risk-adjusted returns while focusing on capital preservation. PJVP does not participate in wrap fee programs and provides services exclusively to PAJV. The firm may invest in securities of non-U.S. entities and small to medium-sized companies, acknowledging the associated risks. PJVP has a code of ethics, conducts daily account reviews, and has discretion over investment decisions for PAJV. The firm votes proxies in the best interests of PAJV and does not have any financial conditions impairing its ability to meet client commitments. No disciplinary events involving PJVP or its employees have occurred.