Cathay Capital Na, LLC

Cathay Capital NA, LLC is a registered investment adviser specializing in investment management and fund administrative services. Established in 2015, the firm focuses on creating value in small to middle-market companies in North America and China. Their investment strategy involves equity and debt investments in companies with growth potential in these regions. Cathay Capital manages approximately $105 million in discretionary assets under management as of December 31, 2024, with no non-discretionary assets. The firm charges an annual investment management fee payable quarterly in advance, with the ability to waive a portion of the fee. Cathay Capital does not engage in public securities transactions and does not compensate third parties for client referrals. The firm maintains custody of client assets with a qualified custodian and has discretionary authority to manage investments on behalf of clients. Additionally, Cathay Capital has adopted a Code of Ethics, Proxy Voting Policies, and Procedures to ensure ethical conduct and proper governance. There have been no material changes to the firm's operations since March 28, 2024, and no disciplinary events to disclose.