Lepercq De Neuflize Asset Management LLC

Lepercq de Neuflize Asset Management LLC (LNAM) is an SEC registered investment adviser based in New York, established in 2002. LNAM specializes in providing investment management services on a discretionary basis to pooled investment vehicles (Funds) and separately managed accounts. The firm allocates assets through third-party managers or direct investments in various global securities and instruments. LNAM's regulatory assets under management as of December 31, 2024, were $704,044,395. For clients, LNAM charges management fees ranging from 0.10% to 0.50% and performance fees up to 15%, depending on the Fund or Managed Account. LNAM may adjust fees at its discretion and reduce fees for certain investors. The firm may earn performance-based compensation and reimbursement of expenses through an Expense Fee. LNAM has policies to address conflicts of interest arising from managing multiple accounts with different fee arrangements. LNAM's investment strategies involve selecting external sub-managers through due diligence and asset allocation techniques. The firm evaluates factors like investment track record, team expertise, and risk management controls. LNAM discloses risks to clients, including interest rate, market, inflation, currency, business/industry, liquidity, counterparty, and execution risks. LNAM has complete discretionary authority over managing the Funds and voting proxies for client-held securities. The firm aims to vote proxies in the best interests of clients and has a Proxy Voting Policy in place.