Southpoint Capital Advisors Lp

Southpoint Capital Advisors LP is an investment adviser specializing in providing discretionary investment advice to private investment funds since March 2004. The firm's investment objective is to seek high absolute investment returns while minimizing the risk of capital loss through a value-oriented long/short equity strategy. Southpoint manages the Feeder Funds, which invest in the Master Fund, making all investment decisions on behalf of the Funds. As of December 31, 2024, Southpoint had approximately $6.5 billion in gross regulatory assets under management, all managed on a discretionary basis. For clients interested in investing with Southpoint, the minimum initial investment in a Fund is generally $1,000,000. The firm charges a quarterly management fee of 1.5% of the net asset value of an investor's investment in the Funds. Southpoint may also receive a performance-based incentive allocation of 20% of the net profit attributable to an investor's investment, subject to certain conditions. The firm follows a code of ethics that prohibits insider trading and requires compliance with applicable federal securities laws. Southpoint uses soft dollars to obtain research and brokerage services, and the firm's trade error policy ensures prompt resolution of any errors. The firm has custody of the Funds' assets and undergoes an annual audit by an independent public accountant. Southpoint has discretionary authority to manage the assets of the Funds and votes proxies according to agreed-upon guidelines. Clients can request a copy of Southpoint's proxy voting policy and voting record.