Rose Grove Capital Management, LLC

Rose Grove Capital Management, LLC is an independent private investment firm established in 2006 and registered with the SEC. The firm manages domestic and offshore investment-related limited partnerships and separately managed accounts. The firm's investment strategy focuses on maximizing risk-adjusted returns and capital preservation. Clients can invest in various funds, each with specific investment objectives outlined in offering documents. The minimum initial investment for separately managed accounts is $50 million, with lower amounts accepted at the firm's discretion. Rose Grove charges fees based on a percentage of assets under management and may also charge performance-based fees. The firm may waive or reduce fees at its discretion. Clients are responsible for additional expenses such as trading costs and custodial fees. The firm acts as a fiduciary and has a Code of Ethics to address conflicts of interest. Rose Grove exercises investment discretion for client accounts and manages assets on a discretionary basis. The firm's investment strategy focuses on preferred equities, with investments in preferred stock, debt securities, and derivative instruments. Rose Grove reviews client accounts daily and provides regular reports to investors. The firm has not been involved in any disciplinary events. Client assets are held in custody by unaffiliated entities, and the firm complies with custody regulations. Rose Grove typically votes proxies in the best interests of clients and maintains a proxy voting policy. The firm has a strong financial standing and has not filed for bankruptcy.