Cartenna Capital

Cartenna Capital LP is an investment advisory firm established in December 2019 by Peter Avellone, offering services to private funds and providing discretionary portfolio management to various clients. The firm manages approximately $1.65 billion of client assets on a discretionary basis as of December 31, 2024. Clients include private funds like Cartenna Master Fund LP and Tresser Blvd 402 LLC, as well as unaffiliated privately offered pooled investment vehicles. The minimum initial investment for the Fund is $5,000,000, subject to reduction at the Fund’s discretion. Cartenna charges negotiable fees for its portfolio management and investment advisory services, with management fees typically billed to client accounts and paid from the assets. The firm may receive performance fees based on the net profits of the Master Fund. Cartenna exercises investment discretion, formulating objectives and managing assets based on individual client agreements. The firm's investment strategies involve fundamental and quantitative analysis, focusing on equities and equities-related securities. Risk factors include market conditions, counterparty risk, and reliance on subjective judgment. Cartenna has a Code of Ethics to address conflicts of interest and requires reporting of personal securities transactions by its employees. The firm has custody of the Fund’s assets and complies with the Custody Rule. Cartenna exercises discretion in managing client investments and may vote on client securities' proxies. The firm does not have any material disciplinary events, bankruptcy petitions, or financial conditions that could impair its commitments to clients.