Twin Securities, Inc.

Twin Securities, Inc. is a registered investment adviser established in 1988 by David J. Simon, offering investment advisory and management services. The firm specializes in event-driven strategies, focusing on equity and debt securities. Twin provides services to separately managed client accounts and private funds, including the Twin Master Fund, Twin Securities LP, Twin Offshore LTD, and Twin Opportunities Fund LP. The firm's investment philosophy is value- and event-oriented, with a primary focus on securities subject to corporate activity. Twin does not participate in wrap fee programs and has regulatory assets under management of $244,449,040 as of 12/31/2024. Clients have discretion over their investments, and Twin may receive incentive compensation based on profits. The firm's fee structure includes a management fee of approximately 2% annually and incentive compensation of 20% of appreciation, subject to a high-water mark. Twin's brokerage practices aim for best execution, and the firm may receive research through soft dollar arrangements. Clients receive monthly statements and reports, and Twin has custody of private fund assets held at independent custodians. The firm has a Code of Ethics ensuring client interests are prioritized and provides proxy voting services. Twin may participate in class actions on behalf of clients.