Hawkeye Capital Management, LLC

Hawkeye Capital Management, LLC, established in 1999, offers investment management services on a discretionary basis. The firm primarily serves privately offered pooled investment vehicles exempt from registration under the Investment Company Act of 1940. Hawkeye manages three feeder funds within a master-feeder structure, with approximately $321 million in discretionary assets under management as of December 31, 2024. The minimum initial investment to participate in the Funds is typically $1,000,000, although this amount may be waived or reduced at the firm's discretion for qualifying investors. Clients include high net worth individuals, family offices, endowments, and other entities. Hawkeye's investment strategy focuses on generating risk-adjusted returns by investing in undervalued companies with low multiples of cash flow and earnings. The firm employs a disciplined bottom-up investment analysis approach and actively manages portfolios to identify undervalued opportunities. Hawkeye charges investment advisory fees based on assets under management, payable monthly in advance. The firm may also receive performance-based fees tied to the increase in net asset value of the Funds. Hawkeye has no disciplinary events to report and maintains a Code of Ethics outlining high standards of business conduct and fiduciary duty to clients. The firm has proxy voting authority and adopts policies to ensure proxies are voted in the best interests of investors. Hawkeye does not participate in directed brokerage arrangements and does not compensate third parties for client referrals. The firm does not maintain physical custody of client assets but ensures compliance with custody requirements under the Advisers Act. Hawkeye provides regular portfolio reviews, investor reporting, and financial statements to clients.