P.a.w. Capital Partners, Lp

P.A.W. Capital Partners, L.P. is an investment advisor based in Greenwich, Connecticut, established in December 1990 by founder Peter A. Wright. The firm specializes in providing advisory services on a discretionary basis to clients, including a pooled investment vehicle for sophisticated and institutional investors, and managed accounts for friends and family. P.A.W.'s investment objective is capital appreciation through investments in publicly-traded securities, primarily common stocks and options. As of December 31, 2024, the firm had approximately $168 million of discretionary assets under management. For the Fund, P.A.W. charges a 2% annual management fee based on net assets, with an additional 20% performance-based allocation subject to a non-cumulative hurdle rate of 10%. Managed Accounts do not incur management or performance-based fees. Clients may also bear other expenses such as legal, audit, and brokerage fees. P.A.W. may engage in short selling and options trading as part of its investment strategies, focusing on small-cap securities for potential opportunities. The firm has a history of disciplinary action with the SEC in 2014, resulting in a civil money penalty of $68,000. P.A.W. operates under a soft-dollar arrangement for research services and maintains high ethical standards, acting as a fiduciary for clients. The firm exercises investment discretion based on client objectives, risk profiles, and market conditions, aiming to allocate opportunities fairly among clients. Proxy voting is managed in clients' best interests, and P.A.W. has no financial constraints affecting client commitments.