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Adviser Profile

As of Date 03/27/2024
Adviser Type - Large advisory firm
- Outside the United States
Number of Employees 15
of those in investment advisory functions 6
Registration SEC, Approved, 8/21/2015
Other registrations (1)
AUM* 1,238,002,701 12.91%
of that, discretionary 1,238,002,701 12.91%
Private Fund GAV* 740,314,366 24.26%
Avg Account Size 137,555,856 25.45%
SMA’s Yes
Private Funds 1
Contact Info +65 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Pension and profit sharing plans
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 933M 699M 466M 233M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$740,314,366

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Brochure Summary

Overview

Symphony Financial Partners (Singapore) Pte. Ltd. (“we”, “us”) is a private limited company that was incorporated under the laws of Singapore on 5 February 2013. We only have one office, which is located in Singapore. We are wholly owned by SFP Value Realization Co., Ltd. (“Symphony Cayman”), a Cayman Islands exempted company, which, in turn, is owned by David Baran and Kazuhiko Shibata and certain key employees of the Symphony group. We hold a Capital Markets Services License for fund management with the Monetary Authority of Singapore. We are registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”) under the U.S. Investment Advisers Act of 1940 (“Advisers Act”). We provide discretionary investment management advice to two master feeder fund structures (“Funds”) and separately managed accounts (“Managed Accounts”), as well as a fund of one (the “Fund of One”) discussed below. We refer to the Funds, Managed Accounts, and Fund of One collectively as “clients”. A. The Funds We advise The SFP Value Realization Master Fund Ltd., a Cayman Islands exempted company. This master fund has two feeder funds, The SFP Value Realization Fund Ltd., a Cayman Islands exempted company, and The SFP Value Realization Fund L.P., a Delaware limited liability partnership, that invest their assets into this master fund. We advise the Sinfonietta Master Fund, a Cayman Islands exempted company, into which one feeder fund, Sinfonietta, a Cayman Islands exempted company invest their assets. We advise GZ-1 (the “Fund of One”), a series trust of DUET, a Cayman Islands exempted umbrella unit trust. Each of The SFP Value Realization Fund Ltd. and Sinfonietta is an “Offshore Fund” (collectively, the “Offshore Funds”). The SFP Value Realization Fund L.P. is a “Domestic Fund”. The SFP Value Realization General Partner Co., Ltd. serves as the general partner of The SFP Value Realization Fund L.P. (the “General Partner”). Symphony Cayman provides facilities to the General Partner and us. It serves as the manager of the Funds and, together with the Funds, appointed us to act as investment adviser with respect to the Funds. An affiliated company and a related person, Symphony Financial Partners Co., Ltd. (“Symphony Japan”), provides investment advice to us with respect to our clients, but has no discretionary authority over our clients. Symphony Japan is registered as an investment adviser with the Financial Services Agency in Japan. The General Partner, not us, has discretionary authority over the assets of the Domestic Fund. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The Fund’s securities are offered and sold on a private placement basis, in the United States under Regulation D under the U.S. Securities Act of 1933 (“Securities Act”) and other applicable state, federal or non-U.S. laws. Suitability requirements apply to prospective investors in the Funds, including requirements that they be “accredited investors” as defined in Regulation D, “qualified purchasers” as defined in the U.S. Investment Company Act of 1940 (“IC Act”), or non-“U.S. Persons” as defined in Regulation S under the Securities Act. Persons reviewing this
Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds or other clients described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. B. Managed Accounts We also serve as the investment adviser with discretionary trading authority over Managed Accounts. C. Investment Strategies and Types of Investments Our investment decisions and advice with respect to each Fund and the Fund of One will be subject to each Fund’s and Fund of One’s investment objectives and guidelines, as set forth in its respective offering documents, and for Managed Accounts, the investment objectives and restrictions stated in the investment management agreement (“IMA”). Please see Item 8 for a description of the investment strategies we employ. The descriptions in this Brochure of advisory services that we offer to our clients and investment strategies pursued and investments made by us on behalf of our clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that we consider appropriate, subject to each client’s investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any client would be achieved. D. Availability of Customized Services for Individual Clients Our investment decisions and advice with respect to each Fund and the Fund of One will be subject to the investment objective, guidelines and restrictions, as set forth in its respective offering documents. Similarly, our investment decisions and advice with respect to each Managed Account are subject to the investment objectives, guidelines and restrictions, as set forth in the IMA, as well as any written instructions the client gives us. In our role as investment adviser to the Funds we have in the past and may from time to time in the future agree to supplements, clarifications or variations of the terms of a Fund’s offering, subscription or organizational documents in “side letters” or similar agreements. With respect to the Fund for which a General Partner serves as the general partner of the Fund, the General Partner has in the past and may continue in the future agree to such side letters or similar arrangements. If it is determined that any side letters or agreements represent a variation that would be material to other investors in a Fund, we would disclose such variations to the other investors in the Fund. All “side letter” agreements must be agreed and approved by the directors of the Funds or the General Partner. We do not currently participate in any Wrap Fee Programs. As of 31st December 2023, we managed on a discretionary basis approximately $1.22 billion of client assets. (This calculation is based on the aggregate net asset value of our various client accounts, and differs from the “regulatory assets under management” that we report in Item 5.F of Part 1A.)