Brandywine Managers, LLC

Brandywine Managers, LLC is an investment adviser established on April 28, 1998, with its principal place of business in Hockessin, Delaware. The firm primarily operates a fund-of-funds business, providing investment supervisory services to privately offered pooled investment vehicles. As of December 31, 2024, the firm had approximately $12.9 billion in client assets under management, with most assets managed on a discretionary basis. Fees are based on asset values and are charged quarterly. Performance-based compensation may be received, subject to specific terms outlined in the limited partnership agreements. The firm's investment strategies include Global, Multi-Strategy, and Special Assets, with a focus on private investment companies. Clients should be aware of significant risks, such as illiquidity and strategy risks, associated with these investments. Brandywine Managers, LLC acts as a fiduciary, providing investment advisory services on a discretionary basis to its clients. The firm's Chief Compliance Officer oversees compliance with ethical standards and trading practices. Clients receive regular account reports and have access to information on proxy voting and financial conditions of the firm. For more details, clients can contact Kristina D. Sherman, the Chief Compliance Officer.