Overview
Union Square Park Capital Management, LLC (“we,” “us,” or “our”) is a Delaware limited liability company
that was formed in November 2011 and began operations in April 2015. We are principally owned and
controlled by Leon M. Zaltzman, who is our Founder and Managing Member (the “Managing Member”).
We provide discretionary investment advice to a private fund, Union Square Park Partners, LP (the
“Fund”). We expect to provide investment advice to separately managed accounts (“SMAs”) and
additional private funds in the future. References throughout this document to “clients” refer to the Fund
and any other private funds and SMAs that we may advise in the future.
Client accounts are managed in accordance with their own investment and trading objectives, as
described in their respective offering documents,
governing agreements or advisory agreements
(collectively, the “Governing Documents”). We do not permit investors in the Fund to impose limitations
on the investment activities described in the Fund’s Governing Documents. Under certain circumstances,
we may contract with SMA clients to adhere to limited risk and/or operating guidelines imposed by such
clients. We would negotiate such arrangements on a case-by-case basis. (See Item 16 - Investment
Discretion.)
Union Square Park GP, LLC (the “Union Square Park GP”) serves as the general partner to the Fund.
We do not participate in wrap fee programs.
As of December 31, 2023, we managed $158,616,879 of regulatory assets under management on a
discretionary basis. We do not manage any assets on a non-discretionary basis.