Bala Capital Group, LLC

Bala Capital Group, LLC is a registered investment adviser with the U.S. Securities and Exchange Commission, established in 2006. The firm sponsors and manages pooled investment vehicles, providing investment management services primarily through the Bala Funds, which invest in alternative investments such as private placement securities. Investors in the Bala Funds must meet specific qualifications, including being "qualified clients" or "accredited investors." Bala does not participate in wrap fee programs and manages assets on a discretionary basis, with $12,182,566 managed as of December 31, 2021. The firm charges management fees ranging from 0% to 2.0% and performance-based fees up to 15%. Bala discloses potential conflicts of interest related to performance-based fees and side-by-side management. The firm emphasizes a diversified approach to alternative investments but acknowledges risks associated with leverage, options, derivatives, and other investment strategies. Bala has a Code of Ethics to prevent improper personal trading and conflicts of interest. The firm has custody of the Bala Funds and exercises investment discretion on behalf of clients. Bala does not have any financial information disclosures under Item 18 of the brochure.