Coann Capital LLC

Coann Capital, LLC is a registered investment adviser based in Westport, CT, established in 2020 by founder Matt Davis. The firm specializes in providing discretionary investment advisory services with a focus on generating absolute returns through a long/short market neutral equities strategy, primarily in the U.S. utilities sector. Each client's advisory services are tailored based on their specific investment objectives outlined in their respective Offering Documents. The firm manages $141,691,302 in discretionary assets as of May 31, 2022, and does not participate in wrap fee programs. Coann Capital charges an Expense Payment Amount instead of a management fee, and is entitled to a performance-based profit allocation of fifteen percent based on net profits. Clients are responsible for direct expenses related to their investment portfolios. As a fiduciary, Coann Capital owes a duty to act in the best interests of its clients. The firm exercises investment discretion under an investment management agreement with each client. Additionally, the firm has a proxy voting policy to ensure votes are in the best interests of clients. Coann Capital does not have custody of client funds or securities and has not been subject to any disciplinary actions. The firm does not receive economic benefits for providing advisory services or compensate third parties for client referrals.