Kelly Park Investment LLC

Kelly Park Investment LLC, also known as Kelly Park Capital, is a Delaware limited liability company established in September 2018. The firm specializes in providing discretionary investment advice to private funds and non-discretionary advice to a single non-fund client who is a registered investment adviser. The principal owners are Dean M. Rubino, Sean E. Westley, and Scott A. Fine. Kelly Park focuses on selecting difficult-to-source securities, including private placements in investment funds managed by third parties and direct investments in private securities. The firm manages the KPC Funds, which include the KPC Investment Fund and the KPC PE IPO Fund. The KPC Investment Fund offers management and performance-based fees, with a maximum annual management fee of 1.0% and a performance fee not exceeding 20%. The KPC PE IPO Fund charges quarterly management fees between 0.5% to 2.0% annually. Kelly Park also provides non-discretionary services to institutional clients regarding private pooled investment vehicles. As of December 31, 2024, the firm had approximately $86.2 million in assets under management on a discretionary basis and $100 million in assets advised on a non-discretionary basis. Kelly Park acts as a fiduciary and does not have any disciplinary events. The firm does not receive soft dollar benefits, and client referrals are compensated based on a percentage of the advisory fee. Kelly Park has custody of the KPC Funds' assets and provides ongoing supervision and monitoring of client accounts. The firm does not vote client securities and has no financial conditions that would impair its ability to meet client commitments.