Ais Capital Management L.p.

AIS Capital Management, L.P. is an investment management firm established in 1987, focusing on absolute-return strategies in global financial markets. The firm offers discretionary investment management services through private investment funds and separately managed accounts. Clients typically have $500,000 or more in investable assets, with account minimums varying based on the investment program. The firm charges management fees ranging from 0.50% to 4.00% for separately managed accounts and 1.00% to 4.00% for private investment funds, along with performance-based fees up to 20%. AIS LP may discount fees for sizable client investments. Clients can impose restrictions on investment strategies or holdings in separately managed accounts. The firm does not participate in wrap-fee programs. AIS LP's investment strategies involve risks such as leverage, frequent trading, and investments in equity, fixed-income, foreign securities, and precious metals. The firm does not cross-trade among client accounts and follows best execution practices when selecting broker-dealers. Clients receive periodic reports on their accounts. John R. Hummel, the managing principal, has over 50 years of investment experience and holds a B.S. degree in investment management from Northwestern University. He is registered as an associated person and principal of AIS LP with no disciplinary events on record. John R. Hummel also serves as the general partner and CPO to the firm's pooled investment vehicles.