Pravati Capital LLC

Pravati Capital LLC, established in 2013, is an investment management firm specializing in providing advisory services to privately offered pooled investment vehicles and special purpose vehicles focusing on litigation financing. The firm, based in Scottsdale, AZ, managed $161,044,112 of client assets on a discretionary basis as of December 31, 2024. Pravati Capital charges management fees of around 2.0% annually, calculated based on the total called or invested capital of each fund. Additionally, the general partners are entitled to receive a carried interest of 20% as outlined in the respective fund's offering documents. The firm does not participate in wrap fee programs and does not advise on non-discretionary assets. Pravati Capital does not engage in brokerage practices currently but may do so in the future. The firm has a fiduciary duty to its clients and has established a Code of Ethics to govern employee conduct, including personal trading policies. Pravati Capital has full discretion over managing client investments and has custody of client assets. The firm has no reportable disciplinary events and has disclosed its affiliate relationship with 1787 Legal. Pravati Capital has policies in place to address conflicts of interest, such as related person transactions and investment discretion. The firm actively monitors client portfolios and provides regular client reports. Pravati Capital has proxy voting policies in place and has not been subject to bankruptcy petitions in the past ten years.