Paragon Outcomes Management LLC

Paragon Outcomes Management LLC is an investment adviser based in New York, established in January 2009. The firm offers investment advisory services on both discretionary and nondiscretionary bases, managing portfolios of pooled investment vehicles and providing services to privately-owned corporations. The minimum investment for private funds is generally $25,000,000. Clients pay a management fee of 1% per annum, along with an annual performance-based allocation ranging from 15% - 20% of new appreciation. The firm may waive fees for certain investors. Paragon invests in a broad range of private investments, including real estate, private equity, and direct lending. The firm emphasizes fair treatment of all clients and has policies to prevent conflicts of interest in investment opportunities allocation. Paragon conducts quantitative and qualitative analyses to evaluate investments and has procedures to monitor client accounts periodically. The firm has not been involved in any legal or disciplinary events in the past 10 years. Paragon does not engage in frequent trading and has custody of client funds with a qualified custodian. The firm has procedures for voting client securities and does not vote on assets managed by third-party managers. Paragon Outcomes Management had approximately $216.9 million in net assets under management on a discretionary basis and $1.38 million on a nondiscretionary basis as of December 31, 2022.