Once Capital Management, LLC

Once Capital Management, LLC, established in 2016, is a New York-based investment adviser specializing in managing private investment funds. The firm's investment objective is capital appreciation through fundamental analysis of equity securities, employing strategies like fundamental long/short. Once Capital may also manage additional private investment funds in the future. The firm charges a 0.5% quarterly management fee, with an annualized fee of 2%, and an incentive allocation of 20% of net capital appreciation. Clients must meet eligibility criteria, including being accredited investors and qualified purchasers. Once Capital does not participate in wrap fee programs and manages assets totaling $296,651,971 as of December 31, 2024. The firm's investment strategies include fundamental long/short, private investments, new issues, and digital assets. Once Capital has not been involved in any legal or disciplinary events. The firm reviews client accounts daily, provides audited financial statements, and ensures compliance with the Custody Rule. Once Capital exercises investment discretion for its clients and may abstain from voting client securities proxies. The firm has no financial commitments impairing its ability to meet obligations and is not a state-registered adviser. Clients are encouraged to review the full brochure and offering documents for comprehensive information.