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Adviser Profile

As of Date 03/13/2024
Adviser Type - Large advisory firm
Number of Employees 8 -11.11%
of those in investment advisory functions 7
Registration SEC, Approved, 9/23/2016
Other registrations (2)
AUM* 525,187,916 6.63%
of that, discretionary 525,187,916 6.63%
Private Fund GAV* 525,187,916 7.34%
Avg Account Size 75,026,845 37.09%
SMA’s Yes
Private Funds 3 1
Contact Info 516 xxxxxxx

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
500M 429M 357M 286M 214M 143M 71M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$525,187,916

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Brochure Summary

Overview

MYDA Advisors LLC (the “Firm”) is a New York limited liability company, which was formed on June 30, 2010. The Firm is a U.S. Securities and Exchange Commission (“SEC”) registered investment adviser. The Firm’s Managing Member and majority owner is Mr. Jason Lieber. The Firm currently provides investment management services to two fund structures, and a private fund. The Firm also offers investment advisory services on a discretionary basis through a separately managed account (“SMA”) and a sub-advisory relationship with a separate private fund (“Sub-Advised Account”). MYDA Advantage Ltd., along with MYDA Advantage, L.P., comprise the feeder and master funds, respectively, in one fund structure (collectively “MYDA Advantage”) and MYDA Capital Ltd., along with MYDA Capital L.P. comprise the feeder and master funds, respectively, of the second fund structure (collectively “MYDA Capital”). The Firm also provides investment management services to MYDA Short Term Strategy, LP (“MYDA Short Term”). (collectively, MYDA Advantage and MYDA Capital, MYDA Short Term, are referred to as the “Funds”) (the Funds, SMA and Sub-Advised Account are collectively referred to as “Clients”). Each of the Funds is a private investment vehicle, that are offered exclusively to sophisticated investors. Investors in MYDA Advantage are qualified purchasers (as promulgated under the Investment Advisers Act of 1940, as amended) (the “Advisers Act”) and investors
in MYDA Capital, MYDA Short Term are accredited investors (as defined under the Advisers Act). The SMA and Sub-Advised Account may utilize similar investment strategies as the Funds, however, they may be tailored to different objectives and may impose certain restrictions on investing in particular securities or types of securities. In all cases, such negotiated terms shall be described in detail in each SMA or Sub-Advised Account client’s investment management agreement (“IMA”) or Sub-Advisory Agreement. The specific investment objectives of the Clients are set forth in the relevant offering documents. In general, the Firm’s objective is to identify companies that it believes are growing faster than average with upside to their valuations and overvalued companies that the Firm believes will experience a slowdown in revenue and/or growth. The Firm does not hold itself out as specializing in a particular type of advisory service. As of December 31, 2023, the Firm managed $525,187,916 of regulatory assets under management on a discretionary basis and $0 on a non-discretionary basis. The information below is intended to serve as a summary of the advisory services provided by MYDA to its clients, including the Funds. This information is both supplemented and superseded by information in the private fund offering documents for each Fund. Investors in the Funds should carefully review both this form ADV and the offering documents for the Funds prior to investing.