Summit House Capital Management, LLC

Summit House Capital Management, LLC is a registered investment advisory firm based in Dallas, Texas, founded in 2019 by Jed Walsh. The firm specializes in providing discretionary investment advisory services to private investment funds and separately managed accounts, focusing on stressed, middle market credit with assets under management of approximately $381.77 million as of December 31, 2024. Summit House charges management fees of 1.5% annually for limited partners' capital commitments and may receive performance-based fees of 20% of net investment proceeds. The firm acts as a fiduciary, providing investment discretion to formulate objectives and manage assets based on clients' governing documents. Clients typically have a minimum investment requirement of $1 million for private pooled investment vehicles. Summit House's investment strategies involve a long-biased approach to owning short duration credits in the stressed credit market. The firm reviews accounts daily, provides monthly unaudited reports, and distributes audited financial reports annually. Summit House has a Code of Ethics to address conflicts of interest and proxy voting policies to vote clients' securities in their best interests. The firm has no reportable legal or disciplinary events and maintains custody of assets through a qualified custodian. Summit House has no financial commitments impairing its ability to meet obligations and has not undergone bankruptcy in the past ten years.