Overview
A. Cedar Street Asset Management LLC (“Adviser,” “Cedar Street,” “we” or “us”) is a Delaware
limited liability company (“LLC”) that was formed in April 2016 as an investment adviser. Cedar
Street is principally owned by Jonathan Brodsky who is the Manager of the LLC. We provide
discretionary investment advisory services to private investment funds organized as Delaware
limited partnerships (the “Funds”) and provide discretionary advisory services to separately
managed accounts. Cedar Street also serves as the general partner of the Funds (the “General
Partner”).
Cedar Street also provides discretionary sub-advisory services to a registered investment
company. Investors can find more information about the related fees and operating expenses in
the fund’s prospectus.
B. Cedar Street is an independent value-oriented investment management firm spanning global
markets. We strive to generate superior risk adjusted returns, employing a consistent and
disciplined value-based investment framework, in an entrepreneurial and team-oriented
environment, where our clients’ interests are paramount to any other interest. Cedar
Street
does not limit its investment advisory services to any specific type of client.
C. Cedar Street manages investments for clients in accordance with the respective governing
documents and investment management agreements outlining the investment objectives
applicable to each client. Fund investors do not have the ability to impose specific restrictions on
securities or types of securities in which a Fund will invest. With respect to separately managed
account clients, on a case-by-case basis if applicable, Cedar Street may negotiate restrictions
regarding the types of investment instruments and level of leverage permitted.
D. Cedar Street does not participate in wrap fee programs.
E. Cedar Street anticipates providing advisory services to various potential client types including
hedge funds, private equity funds, investment companies, foundations, financial institutions,
ERISA-compliant vehicles, high net worth persons (including their family offices), and charitable
organizations. As of December 31, 2023, Cedar Street had approximately $632,755,000 in
discretionary regulatory assets under management.