Bow Wave Capital Management, Lp

Bow Wave Capital Management, LP is a New York-based investment adviser established in October 2019. The firm specializes in providing investment advisory services on a discretionary basis to closed-end private investment funds for sophisticated and institutional investors. Bow Wave does not tailor services to individual client needs and does not participate in wrap fee programs. As of December 31, 2024, the firm had $1,727,129,495 in regulatory assets under management, all managed on a discretionary basis. For fees, Bow Wave charges a Management Fee of 1.75% per annum during the investment period and 1.5% per annum thereafter. Performance-Based Compensation allows an affiliate to receive up to 20% of net profits of a Fund. The firm may offset Management Fees with Transaction Fees earned. Bow Wave may waive or modify fees as per Fund Governing Documents. The firm invests globally in online and mobile payment processing companies, with a focus on emerging businesses. Investments are predominantly in non-public companies, with risks including market volatility and lack of diversification. Bow Wave has policies in place to address conflicts of interest, including a Code of Ethics and procedures for personal trading. The firm exercises investment discretion for client accounts and may engage in co-investments with select clients. Bow Wave exercises voting rights for client securities in the best interest of the Funds.