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Adviser Profile

As of Date 03/26/2024
Adviser Type - Large advisory firm
Number of Employees 6 20.00%
of those in investment advisory functions 5 25.00%
Registration SEC, Approved, 10/2/2019
AUM* 945,207,263 1.57%
of that, discretionary 945,207,263 1.57%
Private Fund GAV* 945,207,263 1.57%
Avg Account Size 157,534,544 1.57%
SMA’s No
Private Funds 3
Contact Info 917 xxxxxxx

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
984M 843M 703M 562M 422M 281M 141M
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$945,207,263

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Brochure Summary

Overview

A. General Description of Advisory Firm Rudius Management, L.P. ("Rudius", "we", "us", "our", the "Investment Manager" or the "Firm") is organized as a Delaware limited partnership that was formed in 2018 with a principal place of business in New York, New York. Murat Ozbaydar, the Founder and Portfolio Manager of the Firm (the "Portfolio Manager"), is the principal owner of Rudius and will direct the investment activities and operations of the Funds (as defined below). B. Description of Advisory Services This Brochure generally includes information about us and our relationships with our clients. While much of this Brochure applies to all such clients, certain information included herein applies to specific clients only. 1. Advisory Services We serve as the investment adviser, with discretionary trading authority, to private, pooled investment vehicles, the securities of which are offered through a private placement memorandum to accredited investors, as defined under the Securities Act of 1933, as amended, and qualified purchasers, as defined under the Investment Company Act of 1940, as amended. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. Rudius manages the following private, pooled investment vehicles:
• Rudius Master Fund Ltd., a Cayman Islands exempted company (the "Master Fund");
• Rudius Fund Ltd., a Cayman Islands exempted company (the "Offshore Feeder Fund");
• Rudius Intermediate Fund LP, a Cayman Islands exempted limited partnership (the "Intermediate Fund");
• Rudius Fund LP, a Delaware limited partnership (the "Domestic Feeder Fund");
• Itiner VI Victrix LP, a Delaware limited partnership (the "Fund of One"); and
• Rudius XII Fulminata LP, a Cayman Islands exempted limited partnership (the “Standalone Fund”). The Master Fund, the Domestic Feeder Fund, the Intermediate Fund, the Fund of One, the Standalone Fund, and the Offshore Feeder Fund are herein each referred to as a "Fund" or "Client", and collectively referred to as the "Funds" or the "Clients". The Domestic Feeder Fund's "Limited Partners" and the Offshore Feeder Fund's "Shareholders" are hereafter collectively referred to as the "Investors" where appropriate. We generally do not tailor our advisory services to the individual needs of any particular Investor. In unique circumstances, however, we may offer (and currently intend to provide) individualized investment advisory services to a highly selective group of investors through funds of one or managed accounts. Rudius wholly owns Rudius
Management (UK) Limited (the “Sub-Advisor”), a company registered in England and Wales under the Companies Act 2006. The Sub-Advisor acts as a participating affiliate to Investment Manager and provides portfolio management, trade recommendations and administrative services. 2. Investment Strategy and Types of Investments Our investment objective is to compound capital and enhance value over the long term while also emphasizing preservation of capital. Our core strategy is to invest in a concentrated portfolio of companies that we believe have good business models, growth drivers, and strong management teams, and are trading at significant discounts to their long-term values (3-5 years). The Funds will invest predominantly in publicly traded equities, but we may also cause the Funds to invest in other levels of a company's capital structure such as senior or subordinated debt, stock and index options and other specified securities. The Funds may invest in rights offerings, derivatives, trust units, CDS, swaps and similar complex securities. We may cause the Funds to invest in privately owned companies in limited circumstances as well. The Funds will invest globally but will be mainly focused on the following regions – United States, Canada, Western Europe, Australia and New Zealand. We may also cause the Funds to take short positions in securities we believe exhibit significant downside, and we also may use short positions to hedge against a specific identified company risk or sector exposure. Please see Item 8 for further details about our investment strategy. The descriptions set forth in this Brochure of specific advisory services that we offer to our Clients, and investment strategies pursued and investments made by us on behalf of our Clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that we consider appropriate, subject to each Client's investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any Client will be achieved. C. Availability of Customized Services for Individual Clients Our investment decisions and advice with respect to the Funds are subject to each Fund's investment objectives and guidelines, as set forth in its respective "Offering Documents." D. Wrap Fee Programs We do not currently participate in any Wrap Fee Programs. E. Assets Under Management As of December 31, 2023, the Firm has regulatory assets under management of $945,207,263, all managed on a discretionary basis.