Proteus, LLC

Proteus, LLC is an investment adviser firm based in Indianapolis, IN, established in March 2012. The firm specializes in providing investment management and advisory services to feeder funds and master funds. Proteus sponsors an alternative investment platform that offers professionally managed investment strategies by third-party investment managers, Proteus, or subadvisors. Clients must be accredited investors and may need to meet additional qualifications. Proteus advises approximately $217.6 million on a discretionary basis as of December 30, 2024. The firm charges management fees based on a tiered fee structure, with rates ranging from 0.48% to 0.96% annually, depending on the assets allocated. Proteus also manages the Weather Mark Long/Short, LLC fund and the MG&A Private Access Vehicle LLC – MG&A Private Assets Fund, each with specific fee structures. The firm emphasizes risk management and due diligence in selecting and monitoring Underlying Managers. Proteus operates with full investment discretion, providing Investors with detailed account statements and performance reports. The firm has no disciplinary actions and maintains compliance with regulatory requirements, including custody rules and a Code of Ethics to address conflicts of interest.