Overview
Beryl is a Delaware limited liability company that has been in business since 2013. Beryl’s founder,
controlling owner and portfolio manager is David A. Witkin. Beryl is the general partner of Beryl
Capital Management LP, a Delaware limited partnership, which serves as the general partner of two
master funds, Beryl Capital Partners LP and Beryl Capital Partners II LP (the “US Funds”). Beryl
also manages two feeder funds, Beryl Capital Fund Ltd. and Beryl Capital Fund II Ltd (the
“Offshore Feeder Funds” and together with the US Funds, the “Funds”). For convenience,
references in this document to Beryl include Beryl Capital Management LP, as the context requires.
Beryl serves as the investment adviser to the Funds and separately managed accounts. As of
December 31, 2023, Beryl had total discretionary regulatory assets under management of
approximately $576,823,328. Beryl only manages assets on a discretionary basis.
Beryl focuses primarily on an event driven strategy that aims to deliver positive absolute returns across
a wide variety of overall market conditions. Beryl invests on behalf of its clients primarily in
publicly traded equity and equity-related
securities issued by U.S. and non-U.S. companies that are
involved in (or may prospectively be involved in) corporate acquisitions, mergers, reorganizations,
spin-offs, takeovers, tender offers, work-outs, and other corporate restructurings and special
situations. Beryl also invests in special purpose acquisition companies (“SPACs”), which are
entities organized to merge or acquire an existing company within a stated time frame where the
capital for SPACs is raised through an initial public offering (“IPO”). Beryl is authorized,
however, to enter into any type of investment transaction that it deems appropriate under the
terms of the Funds’ partnership or other account agreements.
Beryl selects all investments and strategies for its clients, and Fund investors have no opportunity to
select or evaluate any investments or strategies. Similarly, separate account clients generally will
have no ability to select or evaluate particular investments or strategies, except that Beryl may
permit certain separate account clients to place limitations on position sizes in Beryl’s sole
discretion.
Beryl does not participate in wrap fee programs.