The Circumference Group LLC

The Circumference Group LLC, established in 2009 by Jeffrey H. Fox, is a multi-strategy investment platform specializing in public and private investing. The firm manages private funds, including the CG Core Value Fund LP, focusing on equities of business-to-business services and technology companies. Circumference also manages Private Equity Funds targeting lower middle market companies in specific industries. The firm has discretionary authority over a significant majority of the $244.7 million in assets it manages. Fees for the Core Value Fund include a 1.5% annual management fee and a 10% performance allocation. Circumference does not participate in wrap fee programs. The firm's investment strategies aim to avoid permanent capital loss and generate capital appreciation. Circumference has a code of ethics, provides account reviews, and has custody of private fund assets. The firm has disclosed its brokerage practices, investment discretion, and voting of client securities. Circumference does not compensate for client referrals and has no disciplinary events. Clients should be aware of risks associated with the firm's investment strategies, including concentration of investments, leverage, and country risks.