Sea Otter Advisors LLC

Sea Otter Advisors LLC is an investment adviser registered with the SEC, established in 2022 and based in New York, NY. The firm specializes in providing discretionary investment advisory services to Sea Otter Trading LLC, a Delaware limited liability company. Sea Otter offers investment strategies such as Closed-End Fund (CEF), merger arbitrage, event-driven, and Special Purpose Acquisition Companies (SPACs). The firm manages approximately $124.7 million in assets under management on a discretionary basis. Sea Otter charges a performance-based fee to the Fund, with details outlined in the LLC Agreement. For separately managed accounts (SMA Clients), fees are negotiated based on investment management agreements. The firm's investment strategies involve risks such as market risk, liquidity risk, and concentration of positions. Sea Otter follows a Code of Ethics and compliance policies, including trade aggregation and allocation practices. The firm has not been involved in any legal or disciplinary events. Sea Otter does not compensate third parties for client referrals and does not have custody over client assets. The firm exercises investment discretion for the Fund and may vote on client securities. Clients can request a copy of Sea Otter's proxy voting policy and Code of Ethics for further information.