Social Leverage Advisors, LLC

Social Leverage Advisors, LLC and P & L Advisors, LLC, collectively known as Social Leverage, were established in March 2025. The firm specializes in providing discretionary investment advisory services to closed-end investment vehicles exempt from registration under the Investment Company Act of 1940. Social Leverage manages approximately $381,123,060 in regulatory assets under management as of December 31, 2024. The firm charges management fees ranging from 1.0% to 2.5% per annum and may receive carried interest based on performance. Clients include qualified purchasers such as high net worth individuals, banks, and pension plans. The firm's investment strategies include venture capital funds investing in early-stage companies and fund-of-funds evaluating various asset classes. Social Leverage emphasizes long-term commitments and warns of the high degree of risk associated with its investments. The firm has a Code of Ethics to ensure the interests of clients are prioritized and has not been involved in any disciplinary events. Social Leverage does not pay cash compensation for client referrals and maintains custody of clients' assets with qualified custodians. The firm has investment discretion over client accounts and has procedures in place for proxy voting when applicable. Financially, the firm does not require prepayment of fees and has a stable financial condition.