Sahana Capital Management Lp

Sahana Capital Management LP, a registered investment adviser established in December 2019, provides investment advisory services to privately offered pooled investment vehicles, managing approximately $709 million in client regulatory assets under management as of December 31, 2023. The firm's investment strategy focuses on ultra-concentrated, contrarian, and value-oriented approaches primarily in listed public equities, with a long-term investment horizon. Sahana charges management fees of up to 1% annually and performance-based compensation of 20% of net capital appreciation above a benchmark. Clients are typically financially sophisticated institutional and high-net-worth investors. The firm exercises investment discretion, subject to client-imposed restrictions outlined in investment management agreements. Sahana's policies aim to mitigate conflicts of interest, including those related to performance-based fees and side-by-side management. The firm does not have any disciplinary information to disclose and does not engage in soft dollar arrangements. Sahana's Proxy Voting Policies ensure voting proxies in the best interest of clients, with a focus on enhancing economic value. The firm does not receive economic benefits for providing services to clients from third parties and does not accept directed brokerage arrangements. Sahana's financial condition is sound, with no impairments likely to affect client commitments.