Overview
Chanos & Company L.P., is a limited partnership formed in the State of Delaware on December
15, 2003 under the name Kynikos Associates LP. The Adviser changed its name from Kynikos
Associates LP to Chanos & Company L.P. on January 1, 2022. The Adviser’s principal owner is
James S. Chanos.
The Adviser provides discretionary investment advisory services to certain affiliated private
funds that are pooled investment vehicles (the “hedge funds”), certain affiliated private funds
established in each case for the benefit of a single investor (the “single-investor funds” and
together with the hedge funds, the “funds” or the “private funds”), managed accounts, and a
UCITS sub-fund. Additional funds and accounts may be added in the future. The Adviser
generally pursues the following
strategies in the portfolios managed on behalf of its clients: (i) a
fundamental, short investment strategy; and/or (ii) a fundamental investment strategy of
identifying and trading in undervalued or overvalued securities. See Item 8 below.
The Adviser does not tailor its advisory services to the individual needs of investors in its
affiliated private funds, and such investors may not impose restrictions on investing in certain
securities or types of securities. However, the Adviser’s managed accounts include certain
investment restrictions, and the Adviser may tailor its advisory services to the individual needs
of future managed account clients.
As of December 31, 2022, the Adviser had $327,422,342 in regulatory assets under management,
all on a discretionary basis.