Fourthstone LLC

Fourthstone LLC is a registered investment adviser based in St. Louis, MO, established in January 2014. The firm specializes in providing investment advisory, management, and other services to privately offered investment vehicles, managing assets of $957,522,312 as of December 31, 2024. Fourthstone offers a long/short financial sector strategy focusing on US banks and thrifts, designed for absolute returns in all market conditions. The firm also provides a small-cap long financial sector strategy aimed at delivering absolute returns over a full credit cycle. Clients are required to make a minimum investment commitment of $1 million for both strategies, with fees including a 2% asset-based fee and a 20% performance-based fee for long/short accounts, and a 1.25% asset-based fee and a 12.5% performance-based fee for long accounts. Fourthstone has discretionary authority over client investments and accepts investment discretion to manage securities on behalf of the Funds. The firm does not engage in soft dollar arrangements and has not been subject to any disciplinary events in the past ten years. Clients are provided with audited financial statements within 120 days after the fiscal year-end, and Fourthstone has custody of the Funds' assets. The firm acts as the general partner to the Funds and may engage solicitors for client referrals, complying with regulatory requirements.