Bastion Management Ii LLC

Bastion Management II, LLC, a division of Mesirow Financial Services, Inc., is an SEC-registered investment advisor established in 2016, specializing in providing secured financing solutions to small to medium-sized businesses in consumer finance, small business finance, and specialty finance sectors. The firm offers discretionary investment advisory services to privately offered pooled investment vehicles and non-discretionary services to a separately managed account for a charitable organization. As of December 31, 2024, Bastion had $353,747,342 million in discretionary assets under management and $101,227,757 in non-discretionary assets under management. The firm's fee structure includes management fees based on assets under management and performance fees. Bastion may negotiate fees on a case-by-case basis and does not accept compensation for selling securities. The firm acts as a fiduciary, with investment discretion for the Funds and non-discretionary services for the separately managed account. Bastion conducts regular reviews of client investments, provides periodic reports, and has no reportable disciplinary events. Clients are typically high net worth individuals and institutional investors, subject to varying minimum investment requirements. The firm's investment strategies focus on first-lien positions in credit origination, with a risk management approach to mitigate potential losses. Clients are informed about the risks associated with fixed income, credit, leverage, liquidity, and market conditions. Bastion has a Code of Ethics, addresses potential conflicts of interest, and provides transparency on its brokerage practices and custody arrangements.