Barrier Capital Management, LLC

Barrier Capital Management, LLC is a financial advisor firm based in San Francisco, California, established in 2021. The firm primarily focuses on managing assets on a discretionary basis, investing in equity and equity-related securities in both U.S. and non-U.S. markets. The firm serves as the general partner and investment adviser of an investment limited partnership and may manage other accounts, including separately managed account clients and private investment funds. The firm's total discretionary assets under management were approximately $125,049,045 as of December 31st, 2023. Barrier's fee structure is negotiable and typically includes an annual fee of 1.5% of assets under management for investment limited partnership clients, along with performance allocations. For separately managed account clients, management fees typically range between 0.30% to 1% of assets under management, with additional negotiated performance fees. The firm acts as a fiduciary and complies with Rule 205-3 under the Investment Advisers Act of 1940. Clients of Barrier include high-net-worth individuals, institutions, families, trusts, foundations, pension plans, and endowments. The firm's investment strategy focuses on acquiring equity securities based on fundamental value relative to price. Barrier discloses potential risks associated with investing, such as market volatility, concentration in specific sectors, and the impact of economic conditions. Barrier has no disciplinary history and does not engage in solicitation or referral agreements. The firm has adopted a Code of Ethics to ensure compliance with fiduciary obligations and securities laws. Clients have the option to direct Barrier on specific investments, and the firm has discretion to manage accounts based on clients' investment objectives and restrictions. Barrier has a proxy voting policy and provides financial information indicating financial stability.