Logan Stone Capital, LLC (“Logan Stone,” the “Firm,” “we,” “us,” or “our”) is a Delaware limited liability company that was formed
in 2007 and is principally owned by Matthew Herman and Matthew Leffler. Logan Stone provides discretionary investment advice
to one or more pooled investment vehicles structured as private funds either directly or on a sub-advised basis (each, a “Fund” or
collectively, the “Funds”) and separately managed accounts (each an “SMA Client”; together with the Funds, “Clients”). Logan Stone
Managers LLC (the “General Partner”) serves as the general partner to Logan Stone’s private funds. We seek to achieve absolute
returns primarily by taking both long and short positions in individual equity securities and exchange traded funds, and to
outperform periods of market stress, on behalf of Clients.
All discussions of the Funds in this brochure, including but not limited to their investments, the strategies used in managing the
Funds, the fees and other costs associated with an investment in the Funds, and conflicts of interest faced by the Firm in connection
with management of the Funds, are qualified in their entirety by reference to each Fund’s respective offering memorandum,
subscription agreement, advisory agreement (or equivalent), or other governing documents, as applicable (collectively, “Governing
Documents”). The investment objectives and strategies of SMA Clients are set forth in the respective investment
management agreement. Any defined terms used in this Brochure not otherwise defined herein have their definitions ascribed
to them in the offering documents of the applicable Fund (as defined below).
With respect to each Fund that we manage, we tailor our investment advisory services to the strategies and conditions set forth
the Fund’s respective Governing Document(s) rather than to the individual needs of any Fund’s underlying investors (each, an
“Investor”). It should be noted that as a general matter, we do not tailor our services to take into account any specific conditions of
any Investor, and Investors generally may not prescribe additional investment restrictions beyond those described in the applicable
Governing Documents. The investment objective of any SMA Clients is substantively similar to the Funds.
Additionally, we provide discretionary investment advice to certain separately managed accounts (the “SMAs” and
together with the Funds, the “Clients”). SMAs may offer tailored investment objectives to specific financial instruments
and/or be subject to different terms and fees than those of the Funds. Such investment objectives and terms will be
negotiated with each SMA client and described in each SMA client’s IMA.
Logan Stone does not participate in any wrap fee programs.
As of December 31, 2022, we managed approximately $805,386,945 in regulatory assets under management. We do not manage
any non-discretionary assets.