Dhandho Funds LLC

Dhandho Funds LLC is a registered investment adviser specializing in providing investment management services to a mutual fund, the Pabrai Wagons Fund. The firm was established on January 4, 2016, and is owned by Dhandho Holdings, L.P. The minimum investment for the Mutual Fund ranges from $1,000 - $2,000 for Retail Class accounts and is $250,000 for Institutional Class accounts. The firm manages regulatory assets under management of $46,535,631 as of December 31, 2024, on a discretionary basis. Dhandho Funds LLC follows a long-value investment strategy, investing in a portfolio of securities issued by U.S. and non-U.S. national securities exchanges. The firm does not employ leverage and invests in various types of equity and debt securities. Clients should be prepared for market risks and lack of diversification in their portfolios. The firm does not receive performance-based fees and acts as a fiduciary, with full investment discretion over client accounts. The CEO, Mohnish Pabrai, has a background in Computer Engineering and extensive experience in the investment industry, also serving as the CEO of Dalal Street, LLC, a registered investment adviser managing private funds. Clients can contact the firm for further information or clarification on its services and practices.