Redwood Grove Capital, LLC

Redwood Grove Capital, LLC, established in September 2016, is a financial advisor firm based in Palo Alto, CA. The firm serves as the general partner to the private fund, Redwood Grove Capital Fund, LP, managing approximately $340 million in regulatory assets under management as of December 31, 2024. Redwood Grove focuses on generating long-term capital appreciation through equity investments, employing fundamental research and off-Wall Street sources for investment decisions. The firm's investment strategy includes flexibility in investment instruments and markets, with a focus on sustainability and favorable risk/reward profiles. The Fund is privately offered to institutional investors and high net worth individuals, with a minimum investment commitment of $1,000,000. Redwood Grove's fee structure includes a quarterly management fee based on Limited Partners' capital accounts, with the ability to waive or modify fees. The firm also receives an annual incentive allocation based on performance exceeding a specified hurdle rate. Redwood Grove has not been subject to disciplinary actions and has custody over the Fund's assets. The firm exercises investment discretion and engages ISS for proxy voting services. Redwood Grove has a Code of Ethics, including personal trading policies, and utilizes soft dollar arrangements for research services. The firm reviews accounts periodically, provides financial statements to investors, and does not compensate third parties for referrals.