Xalts

Xponance Alts Solutions, LLC is an investment adviser registered with the SEC, formed in February 2021. They serve as the investment advisor to Xponance Advisors, LLC, managing the Xponance Diverse Opportunities Fund, LP. XAlts manages investments and advises the General Partner, supported by Investcorp Investment Advisers, LLC. The firm focuses on making minority investments in alternative asset advisors and their affiliates, with a specific interest in diverse managers. XAlts provides discretionary investment advisory services to the Fund, primarily investing in Portfolio Advisor Investments in the U.S. As of December 31, 2024, XAlts managed $92,262,700 on a discretionary basis. The firm is compensated through a Management Fee and Performance Fee structure. The Management Fee ranges from 1.4% to 1.75%, while the Performance Fee is 20% of annual net profits exceeding a hurdle rate. XAlts has a Code of Ethics, provides audited financial statements annually, and has custody of Fund assets through Firstrust Bank. The firm has discretionary authority over the Fund's investments, with no client-imposed limitations. XAlts does not engage in brokerage practices, receive client referrals, or vote on client securities. The firm has no disciplinary information to disclose and is financially sound.