Gray Oak Capital Management, LLC

Gray Oak Capital Management, LLC is a registered investment adviser established in February 2018, specializing in portfolio management services for separately managed accounts, private fund general partnership, and sub-advisor services. The firm's investment strategy focuses on seeking high absolute long-term returns while minimizing risk through investments in publicly traded equities and listed derivatives, including Split Strike Conversions, Risk Reversals, Conversions, Reversals, and other strategies. Clients have discretionary investment advisory services, with a minimum initial investment generally set at $1,000,000 and a subsequent minimum investment of $50,000, subject to negotiations. The firm charges a management fee of approximately 2.0% annually, calculated monthly based on the net assets of the client's account. Gray Oak Capital Management, LLC acts as a fiduciary, obligated to act in the best interests of clients, and does not participate in wrap fee programs. The firm does not currently charge performance-based fees but may do so in the future. Clients are provided with periodic performance reports and financial statements, and the firm does not accept responsibility for voting client proxies. Gray Oak Capital Management, LLC does not have any disciplinary information to disclose and does not solicit prepayment of fees exceeding $500 per client six months in advance. The firm does not engage in business other than investment advice and has no material relationships with securities issuers.