Marathon Partners Equity Management, LLC

Marathon Partners Equity Management, LLC is an investment advisory firm based in New York, established on January 17, 2001. The firm specializes in providing discretionary investment advisory services to pooled investment vehicles, primarily for institutional and sophisticated investors. The firm's Managing Member, Mario D. Cibelli, offers broad and flexible investment authority tailored to each fund's specific objectives and strategies. As of December 31, 2022, the firm managed approximately $166,933,985 in client regulatory assets under management on a discretionary basis. For investors, the firm charges asset-based management fees ranging from 0% to 1%, along with incentive allocations based on capital gains. The management fees are typically 1% of the value of each investor's account, prorated for partial periods, and adjusted for subscriptions and withdrawals. Additionally, incentive allocations range from 10% to 17% of the fund's net profits. The firm's investment strategies primarily involve trading in U.S. equity securities, focusing on fundamental analysis to identify undervalued opportunities. Clients should be aware of the risks associated with lack of diversification, portfolio concentration, and specific risks related to investing in Mexico. Marathon Partners Equity Management, LLC acts as a fiduciary, providing investment advisory services on a discretionary basis to its clients. For further details on the firm's investment strategies, fee structure, and risk factors, investors are encouraged to refer to the firm's Offering Documents and contact Eric Hidy for additional information.