Broadbill Investment Partners LLC

Broadbill Investment Partners, LLC is an SEC registered investment adviser firm established in 2011 by Jeffrey Magee and Kurt Lageschulte. The firm specializes in providing discretionary investment advisory services to private pooled investment vehicles for sophisticated, qualified investors. Broadbill aims to develop a differentiated portfolio delivering superior risk-adjusted returns over market cycles with minimal correlation to broader markets. The firm focuses on inefficient and high-value investment opportunities arising from dislocations, complex situations, restructurings, and distressed assets across industries and the capital structure. Clients typically have a minimum investment of $1,000,000, which can be waived at the discretion of the General Partners. Broadbill charges a management fee of 1.50% annually and a performance-based profit allocation of 20% at the end of each calendar year. The firm does not participate in wrap fee programs and manages $172,738,099 in discretionary assets as of December 31, 2021. Broadbill operates as a fiduciary, owing a duty to act in the best interests of its clients. The firm's investment strategy involves various risk factors, including investments in distressed companies, low credit quality securities, concentration, illiquid securities, and market and economic conditions. Broadbill has a Code of Ethics in place to address potential conflicts of interest and ensure fair treatment of all clients.