FIRM DESCRIPTION
Greenlea Lane Capital Management, LLC is organized as a Delaware limited liability
company and first became registered as an investment adviser in July 2018.
Greenlea Lane’s current business activities consist of providing investment advisory
services to two pooled investment vehicles: Greenlea Lane Capital Partners, LP (the
“Partnership”), which is structured as a Delaware limited partnership, and Cassini
Partners, L.P. - Greenlea Lane Capital Management, LLC Series (“Cassini”), also
structured as a Delaware limited partnership, as well as to separately managed accounts
(each an “Account” and together, the “Accounts”) for institutional investors. Each of the
Partnership, Cassini, and the clients that contribute assets to the Accounts are referred
to herein as Greenlea Lane’s (“Clients”). Investors in the Partnership and Cassini are
limited partners (“Limited Partners”).
Principal Owner: Josh Tarasoff wholly owns Greenlea Lane Capital Management, LLC
and serves as the Firm’s sole Managing Member.
TYPES OF ADVISORY SERVICES
Greenlea Lane provides investment advice to the Partnership, Cassini, and the
Accounts as it relates to investing in securities. Greenlea Lane offers investment
advisory services to both the Partnership and Cassini, based on their respective
investment objectives, and to the Accounts based on the investment objectives of
each managed account Client. Greenlea Lane manages the portfolios of the Partnership
and Cassini, along with each Account, according to Greenlea Lane’s Long-term
Investment Strategy (the “Long-term Investment Strategy” or the “Strategy”). This
Strategy seeks to make concentrated investments in fundamentally undervalued
companies that are expected to grow intrinsic value rapidly over the long term, focusing
on companies that earn high returns on capital, have significant and attractive
reinvestment opportunities, and are led by management with an ownership mentality.
Greenlea Lane's Clients include the Partnership, Cassini, and the Firm's managed
Account Clients. No Limited Partner in either the Partnership or Cassini, nor any
prospective Limited Partner, is considered
a client of Greenlea Lane. As such,
Greenlea Lane does not recommend the Partnership or Cassini as investments for
any prospective Limited Partner. Each prospective Limited Partner must confer
with his or her own advisers to determine the suitability and appropriateness of
an investment in the Partnership or Cassini for such prospective Limited Partner.
This document is not an offer to sell or a solicitation of an offer to buy interests in
the Partnership or Cassini. Such an investment may be made only after receipt and
review of each entity's Confidential Private Placement Memorandum (the
“Memorandum”). The Memorandum contains important information concerning risk
factors and other material aspects of the Partnership and Cassini and must be read
carefully before making an investment decision. The information in this document
relating to the Partnership and Cassini is qualified in its entirety by, and should be read
in conjunction with, the information contained in their respective Memorandums.
A copy of the Memorandum is available upon request to Greenlea Lane by persons who
are “accredited investors” as defined under Regulation D of the Securities Act of 1933.
TAILORED RELATIONSHIPS
Greenlea Lane provides investment advisory services to the Firm’s Clients, including the
Partnership and Cassini, in accordance with the Firm’s Long-term Investment Strategy.
While Greenlea Lane does not provide tailored investment advice to the Limited
Partners in the Partnership or Cassini, it may tailor certain aspects of the Strategy
for its managed Account Clients. This approach ensures that the overall investment
philosophy remains consistent across all entities and accounts, while still allowing for
customization based on the specific needs and objectives of individual managed Account
Clients.
ASSETS UNDER MANAGEMENT
When calculating regulatory assets under management, an investment adviser must
include the value of any account over which it exercises continuous and regular
supervisory or management services. As of December 31, 2023, Greenlea Lane managed
$366,097,582 in regulatory assets under management for its Clients.