P&a Capital Advisors

P&A Capital Advisors, Inc. is a financial advisor firm established in 1991, specializing in hedge fund-of-funds. The firm, owned by David E. Alexander and Tony C. Peyser, manages three limited partnerships and a separately managed account. The minimum investment amount in any of their Funds is $500,000, primarily catering to high net worth individuals, families, endowments, trusts, and foundations. As of December 31, 2024, the firm manages approximately $124.5 million in assets for discretionary Clients. P&A Capital Advisors charges management fees ranging from 1.00% to 1.75% for the Funds and 1.75% for the separately managed account. Additionally, they receive performance-based compensation for certain Funds, with Incentive Allocations ranging from 2.50% to 10.00%. The firm acts as a fiduciary, ensuring compliance with regulatory requirements and maintaining a Code of Ethics to prevent fraudulent practices. They have no disciplinary events and provide detailed risk disclosures related to investment strategies, potential losses, and conflicts of interest. P&A Capital Advisors exercises investment discretion for the Funds and the separately managed account, regularly reviewing Portfolio Managers and Underlying Funds. The firm does not recommend broker-dealers and does not engage in trading marketable securities for Clients. They have custody of Investors' investments in the Funds and provide regular account reviews and reports to Clients. P&A Capital Advisors also has a proxy voting policy in place to vote in the best interests of Clients and Investors.