A. General Description of Advisory Firm.
Georgina Asset Management, LLC (“GAM,” “we,” or “us”) is a limited liability corporation
headquartered in Santa Monica, California. GAM was founded in March 2000 and is registered as
an investment adviser with the Securities and Exchange Commission (“SEC”). GAM’s Managing
Director is Robert Lipp. GAM is owned by GAM Investment Holdings, LLC.
B. Description of Advisory Services.
GAM's primary business activity is managing a client’s investment portfolio on a discretionary or
non-discretionary basis. Discretionary portfolio management means that GAM can select or
terminate money managers or buy and sell securities on your behalf for your portfolio without
contacting you before each transaction. Non-discretionary investment management requires that we
contact you to obtain your authorization prior to selecting or terminating a money manager or
buying and selling securities for your portfolio before each transaction. Whether your portfolio is
discretionary or non-discretionary, all investment decisions are managed according to a mutually
agreed upon written investment policy. For more detailed information on GAM’s investment
approach, please see Item 8: Methods of Analysis, Investment Strategies and Risk of Loss below.
GAM also provides Research and Consulting services under a separate agreement. As part of this
service, GAM performs due diligence and provides information on Alternative Investments selected
for review by our firm that meets a Client’s Investment Objectives. This service is separate and apart
from Mr. Lipp serving on the Board of Directors, Advisory Boards or as a consultant to various
private and public companies.
GAM due diligence efforts will vary due to the characteristics of Alternative Investments. However,
such services typically include, but are not limited to identifying suitable Alternative Investments;
reviewing materials promulgated by the Alternative Investment (i.e., disclosure
documents, private
offering memorandum, prospectuses, Georgina Asset Management, LLC etc.); reviewing and/or
interviewing underlying managers (as applicable) as to their previous experience and historical track
records, identifying conflicts of interest, reviewing third-party independent reviews, etc. If agreed to
by the client, the Firm shall provide written documentation evidencing, among other things, the
type of security, performance history, risk assessment, and other information relevant to certain
securities (the “Due Diligence Report”). GAM will provide an assessment of the investment terms,
and as requested by Client, will engage in arms-length negotiations about the investment terms on
behalf of Client.
C. Availability of Customized Services for Individual Clients.
GAM tailors our investment advice and portfolio management to each client’s unique financial
needs, time horizon, tolerance for risk and investment objectives. Our primary role is to assist clients
with investment education, strategic asset allocation (the decision as to how much of your portfolio
should be invested in cash, bonds, stocks, or alternative investments), investment planning and
policy development, quantitative and qualitative investment manager and product research and the
evaluation, selection, and ongoing monitoring of investments.
Clients may impose restrictions on investing in certain types of investments or securities in their
portfolio. For clients whose accounts are held by certain custodians, we may be limited to investing
in only those securities offered through the custodian. GAM will only purchase or sell non‐managed
securities after receiving prior client authorization and approval of GAM’s Chief Compliance
Officer.
D. Wrap Fee Programs.
GAM does not currently offer wrap fee programs.
E. Assets Under Management.
As of December 31, 2023, we managed $124,653,977 on a discretionary basis and $217,871,160 on
a non-discretionary basis.