Overview
A. Description of the Advisory Firm
CHANGE Global Investment, LLC (“CHANGE Global”), a Washington limited liability
company, provides portfolio management services to pooled investment vehicles, and other
businesses. CHANGE Global was formed on April 29, 2013. Theodora Jamison is the
principal owner and Manager of CHANGE Global. CHANGE Global registered as an
investment adviser with the SEC on July 10, 2017.
B. Types of Advisory Services
CHANGE Global serves as the general partner and investment adviser to two private
investment limited partnerships (the “Partnership(s)”), the CHANGE Global Frontier
Markets, LP, and the CHANGE Global Emerging Opportunities, LP (collectively with
investors in the Partnerships (the “Investors”)), and any additional clients to which
CHANGE Global may provide services in the future (the “Clients”).
Pursuant to each Partnership’s offering memorandum, limited partnership agreement, and
subscription documents (“Constituent Documents”), CHANGE Global’s objective is long-
term capital appreciation by investing predominantly in publicly listed equities in
developing countries. CHANGE Global will target African, Asian, Eastern European, and
South American economies in the process of rapid
industrialization.
Each Fund is offering limited partnership interests (“Interests”) to certain investors as
described in response to Item 7, below (such investors or prospective limited partners are
referred to herein as “Investors”).
CHANGE Global also offers investment advisory services to Separately Managed Accounts.
C. Partnership and SMA Tailored Services and Restrictions
Advisory services are tailored to achieve each of the Partnerships’ investment objectives.
CHANGE Global has the authority to select which and how many securities and other
instruments to buy or sell without consultation with the Partnerships or their Investors.
The advisory services for the Separately Managed Account (SMA) clients are tailored to the
individual needs of these clients, enabling them to place restrictions on investing in certain
securities or types of securities.
D. Wrap Fee Programs
CHANGE Global does not participate in wrap fee programs.
E. Amounts Under Management
CHANGE Global manages the assets of the Partnerships and Separately Managed Accounts
and has the following assets under management:
Discretionary Amounts: Non-Discretionary Amounts: Date Calculated:
$208,000,000 $0 December 31, 2023