Gracian Capital LLC

Gracian Capital LLC is a California-based investment management firm established in 2011. The firm serves as an investment adviser to private funds and offers services to various entities, including institutions, endowments, and foundations. Gracian provides investment management services on a discretionary or non-discretionary basis. The firm manages two pooled investment funds and may offer services to other private funds and separately managed accounts in the future. Gracian's investment strategy involves short-oriented investments in U.S. exchange-traded companies with a market capitalization of $1 billion or more, hedging positions, and managing long-oriented investments. The firm's principal owner is Matthew R. Kliber, who is also the Managing Member. Gracian charges advisory fees based on a flat fee or a percentage of assets under management. Clients are billed for fees and are responsible for third-party charges like custodial fees and commissions. The firm does not participate in wrap fee programs and has assets under management totaling $45,012,246 as of October 1, 2023. Gracian operates as a registered investment adviser with the SEC and adheres to the Investment Advisers Act of 1940. The firm's investment philosophy involves identifying investment candidates through proprietary screening models and fundamental company analysis. Clients should be aware of the risks associated with investing, including market volatility and potential losses. Gracian's Code of Ethics ensures compliance with fiduciary duties, and the firm does not engage in principal transactions or agency cross transactions on behalf of clients. Trade aggregation and allocation policies are in place to ensure fair treatment of all clients. Gracian reviews client accounts quarterly and provides regular reports on fund performance. The firm does not have custody of client assets and exercises investment discretion in line with client objectives and risk tolerance.