Totem Point Management, LLC

Totem Point Management, LLC is a financial advisor firm established in 2013, based in New York. The firm specializes in providing discretionary investment advice to private funds, including the Flagship Fund, Falcon Fund, and Totem Turing Fund. They manage $169,163,940 of regulatory assets under management as of December 31, 2024, on a discretionary basis. The minimum initial investment for the Flagship Fund and Falcon Fund is generally $1,000,000, while for the Totem Turing Fund, it is $500,000, with the possibility of waiving the minimum under certain circumstances. Fees for the Flagship Fund and Falcon Fund are based on a quarterly asset-based fee adjusted for contributions and withdrawals, with the potential for waived or reduced fees. Performance-based allocations are also part of the fee structure. The firm may engage in side-by-side management, with a focus on long-short equity and long-only equity strategies. Investment strategies involve identifying industry themes and opportunities for long-term growth or decline. The firm has a Code of Ethics in place, governing personal trading, gifts, and insider trading policies. They have a proxy voting policy and provide regular reporting to clients. Totem Point Management, LLC has custody over client assets and discretion to manage securities accounts. They have procedures in place to ensure fair allocation of investments among clients and adhere to best execution practices. The firm does not receive economic benefits from third parties, except for a fee paid to a third party for investor referrals.