9AT: FORMULA GROWTH LIMITED

other names

FORMULA GROWTH LIMITED
FORMULA GROWTH ASIA LIMITED
FORMULA GROWTH MANAGEMENT CORP

Adviser Profile

As of Date	03/28/2025
Registration	SEC, Approved, 04/21/2017
Other registrations (1)	SEC, ERA - Withdrawn, 03/31/2017
ADV Location	MONTREAL, Canada
Contact Info	514 xxxxxxx
Websites

AUM^*	369,236,154 -11%
of that, discretionary	369,236,154 -37%
Private Fund GAV^*	369,236,154
Avg Account Size	52,748,022 -37%
SMA’s	No
Private Funds	7

Adviser Type

- Outside the United States

Number of Employees 15 -12%

of those in investment advisory functions 7 -13%

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

SEC Fund Type	Count	GAV
Fund TypeHedge Fund	Count6	GAV$242,129,134
Fund TypeOther Private Fund	Count1	GAV$127,107,020

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser DALTON INVESTMENTS, INC.	Hedge Fund296.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund236.0m	Total Private Fund GAV532.7m	AUM4.1b	#Funds24
Adviser AVENUE ASIA CAPITAL MANAGEMENT, L.P.	Hedge Fund1.8b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund37.5m	Total Private Fund GAV1.8b	AUM1.8b	#Funds8
Adviser RADCLIFFE CAPITAL MANAGEMENT, L.P.	Hedge Fund2.5b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund906.5m	Total Private Fund GAV3.4b	AUM4.4b	#Funds18
Adviser HILLSDALE INVESTMENT MANAGEMENT INC.	Hedge Fund835.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund6.1m	Total Private Fund GAV841.9m	AUM4.5b	#Funds8
Adviser AMUNDI ASSET MANAGEMENT US, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM122.1b	#Funds-
Adviser LANSDOWNE PARTNERS (UK) LLP	Hedge Fund2.6b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund677.5m	Total Private Fund GAV3.3b	AUM8.0b	#Funds17
Adviser PLUSCIOS MANAGEMENT LLC	Hedge Fund386.3m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund1.1m	Total Private Fund GAV387.5m	AUM246.4m	#Funds6
Adviser OPTIMA ASSET MANAGEMENT LLC	Hedge Fund599.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund79.1m	Total Private Fund GAV679.0m	AUM807.4m	#Funds21
Adviser ENTRUST GLOBAL PARTNERS LLC	Hedge Fund3.5b	Liquidity Fund-	Private Equity Fund961.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund2.3b	Total Private Fund GAV6.8b	AUM11.0b	#Funds47
Adviser ADVISORY RESEARCH INC	Hedge Fund148.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV148.0m	AUM721.5m	#Funds2

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.

FORMULA GROWTH LIMITED

Adviser Profile

Details

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview