Lonetree Capital, LLC

LoneTree Capital, LLC is a registered investment adviser based in New York, NY, established by Robert Koven and Matthew Koven. The firm offers discretionary investment advisory services to private investment funds, managing $220,218,688 in assets as of February 28, 2025. LoneTree charges a two percent (2%) annual management fee for the funds, paid quarterly in advance. Performance-based fees are applicable to accredited investors, as defined by the SEC. The firm caters to institutional investors and high-net-worth individuals, with no minimum fund size requirement. Investment strategies are tailored to each fund's objectives and restrictions, detailed in offering documents. LoneTree does not manage cash balances and warns of the risk of loss in securities investments. The firm does not have any disciplinary disclosures and is affiliated with Leonis Securities and LoneTree GP I, LLC. LoneTree provides services to portfolio companies in which the funds invest, with fees based on arm's length terms. The firm has custody of assets through its affiliation with the LoneTree I, L.P. Fund's General Partner. LoneTree provides discretionary investment advisory services to private equity funds and does not vote proxies on behalf of investors. The firm does not have financial hardships that could impair meeting contractual obligations.