Formula Growth Management Corp

Formula Growth Management Corporation, established in New York, specializes in investment advisory services with discretionary trading authority for private pooled investment vehicles. The firm, owned by Formula Growth International Limited, manages Funds such as Formula Growth Limited Partnership and Formula Growth Hedge Fund, with regulatory assets under management of $369,236,154 as of December 31, 2024. Clients are charged a management fee ranging from 1/12th of 1% to 1/12th of 2.5% of net assets, with potential waivers. Sales commissions of up to 2% and trailing commissions are applicable. Performance fees of 20% may be charged based on NAV growth. The firm's investment strategies involve long and short positions, leverage, and derivatives. Formula Growth LP focuses on U.S. securities, while other Funds target specific objectives such as superior returns or minimizing volatility. The firm conducts fundamental research in Montreal and New York City to evaluate investment opportunities. Clients are referred to as Funds, with minimum investment amounts disclosed in the Confidential Offering Memorandum. The firm's Code of Ethics emphasizes fiduciary principles, and it employs an Audit Approach to satisfy custody requirements. Formula Growth Management Corporation has full discretionary authority over client accounts, including decision-making on securities transactions and broker-dealer selection.