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Adviser Profile

As of Date 03/28/2024
Adviser Type - Outside the United States
Number of Employees 16 -5.88%
of those in investment advisory functions 7 -12.50%
Registration SEC, Approved, 4/21/2017
Other registrations (1)
AUM* 416,811,015 -28.60%
of that, discretionary 416,811,015 -28.60%
Private Fund GAV* 416,811,015 -28.60%
Avg Account Size 59,544,431 -28.60%
SMA’s No
Private Funds 7
Contact Info 514 xxxxxxx
Websites

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
2B 2B 1B 1B 881M 588M 294M
2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count6 GAV$272,377,544
Fund TypeOther Private Fund Count1 GAV$144,433,471

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Brochure Summary

Overview

Formula Growth Limited (“FGL”), is a Canadian-domiciled entity and is currently an SEC-registered investment adviser. Formula Growth Limited, along with Formula Growth Management Corporation, a Delaware corporation (hereinafter “FGMC”) which is a related entity (together, “we”, “us”, “our”, the “Firm” or “Formula Growth”). Both FGMC and FGL are owned by Formula Growth International Limited. Formula Growth Limited serves as the investment adviser, with discretionary trading authority, to the following private pooled investment vehicles: Formula Growth Limited Partnership (“FGLP”), a Delaware, U.S., Limited Fund; and Formula Growth Hedge Fund (“FGHF”), Formula Growth Fund (“FGF”), Formula Growth Alpha Fund (“FGAF”), Formula Growth Focus Fund (“FGFF”), and Formula Growth Global Opportunities Fund (“FGGOF”), each a Canadian mutual fund trust; and Perinvest Whistler Fund (“PWF”),
a Bermuda incorporated open-ended mutual fund; (each individually the “Fund”, collectively the “Funds”). The Firm may also provide research and advice to any of the Firm’s current and/or future funds or separately managed accounts. FGLP, FGHF, FGF, FGAF, FGFF, FGGOF and PWF are collectively referred to herein, where appropriate, as the “Fund” or “Funds.” The Funds’ shareholders, limited partners and unitholders are hereafter collectively referred to as the “Investors” where appropriate. We will not tailor our advisory services to the individual needs of any particular Investor. The Funds are together referred to as the “Clients” where appropriate. We do not currently participate in any Wrap Fee Programs. As of December 31, 2023, we had regulatory assets under management (RAUM) in the amount of $416,811,015 which we manage on a discretionary basis.