Bireme Capital, LLC

Bireme Capital, LLC is a registered investment adviser founded in 2016 and owned by Navarchos LLC, Ayanz LLC, and Wakefield Partners, L.P. The firm specializes in asset management, offering discretionary management of client portfolios with a long-term focus. They may engage in frequent trading if consistent with client goals. Bireme also provides sub-advisory services and educational seminars. The firm's fees are based on a percentage of assets under management, with annual fees negotiable based on various criteria. Performance-based fees are also offered, with a high-water mark arrangement. Bireme primarily serves individuals, high net worth individuals, pooled investment vehicles, trusts, estates, and corporations. The minimum account size is generally $1,000,000, but this may be waived at the firm's discretion. The investment strategy is based on fundamental analysis, with a focus on long-term value. Bireme discloses potential risks, including market, interest-rate, and liquidity risks. The firm's management has no disciplinary history, and they act as fiduciaries, putting clients' interests first. Clients receive quarterly account statements from qualified custodians. Bireme has no material conflicts of interest that could impair client service. The firm's principal executive officers, Evan Tindell and Ryan Ballentine, have backgrounds in mechanical engineering and financial analysis, respectively, and have been with the firm since its inception. They do not engage in outside business activities or receive additional compensation. The firm's operations are supervised by Evan Tindell, who is also the Chief Compliance Officer.