Newport Global Advisors L.p.

Newport Global Advisors LP is an investment adviser firm established in 2005 by Timothy T. Janszen and Ryan L. Langdon. The firm specializes in providing investment advice and related services to pooled investment vehicles and private investment funds, managing approximately $186 million on a discretionary basis as of December 31, 2024. The firm's investment strategy focuses on seeking high current income and total return through investments in leveraged loans, distressed debt, and equity instruments. They also aim to achieve attractive long-term risk-adjusted returns by capitalizing on market opportunities in the distressed debt market. The minimum investment in the Opportunities Fund I-A is $10 million, while in the Credit Fund, it is $5 million, with some discretion allowed by the Adviser. Fees are charged based on a percentage of assets under management, and performance-based fees are also applicable. The Adviser acts as a fiduciary and has no disciplinary history. Investment discretion is provided to the Adviser for making investment decisions on behalf of clients. The firm's principals, Timothy T. Janszen and Ryan L. Langdon, have extensive business experience and educational backgrounds in business administration and economics. The firm's compliance is overseen by a Chief Compliance Officer to ensure adherence to regulatory requirements.