Crescent Park is a Delaware limited partnership formed in February 2014. Crescent Park’s
founder, controlling owner and primary portfolio manager is Eli D. Cohen. Crescent Park’s
affiliate, CPM GP, LLC, a Delaware limited liability company, serves as Crescent Park’s general
partner.
Although Crescent Park may manage additional client accounts in the future, it currently serves as
the investment adviser to (1) Crescent Park Master Fund, L.P., a Cayman Islands exempted limited
partnership (the “Master Fund”), (2) Crescent Park FOF Partners, L.P., a Delaware limited
partnership (the “FOF Fund”), which is only available for investment by Crescent Park personnel,
friends, family and industry colleagues, and their affiliates, (3) Crescent Park SPV I, L.P., a
Delaware limited partnership (the “SPV I Fund”) and any other special purpose vehicle launched
by Crescent Park, the “SPVs”), and (5) Crescent Park Global Equity Master Fund, L.P., a Cayman
Islands exempted limited partnership (the “GE Master Fund”).
The Master Fund’s limited partners are Crescent Park Offshore Fund, Ltd., a Cayman Islands
exempted company (the “Offshore Feeder”) and Crescent Park Partners, L.P., a Delaware limited
partnership (the “U.S. Feeder”). The GE Master Fund’s limited partners are Crescent Park Global
Equity Partners, L.P., a Delaware limited partnership (the “U.S. GE Feeder”) and Crescent Park
Global Equity Offshore Fund, Ltd. (the “GE Offshore Feeder.” Together, each of these funds are
managed by Crescent Park and are collectively known as Crescent Park’s “Funds” or “Clients.”
The Offshore Feeder and GE Offshore Feeder are available for investment primarily by non-U.S.
investors and U.S. tax-exempt investors that are “qualified purchasers” so that it can be excluded
from the definition of an “investment company” under Section 3(c)(7) of the Investment Company
Act of 1940, as amended (“ICA”). The U.S. Feeder, the U.S. GE Feeder, and SPV Fund I are
available for investment primarily by taxable U.S. investors that are “qualified purchasers” so that
each also can rely on ICA Section 3(c)(7).
As of December 31, 2023, Crescent Park had total regulatory assets under management of
approximately $415,822,501, all on a discretionary basis.
Crescent Park invests principally, but not solely, in equity and equity-related securities and
commodities that are that are traded publicly in U.S. and non-U.S. markets on behalf of the Funds.
Unlike the other Funds which have broad investment mandates, each SPV typically focuses on a
narrower investment mandate described in its organizational documents. Crescent Park, however,
is authorized to enter into any type of investment transaction that it deems appropriate under the
terms of the Funds’ Governing Documents. Crescent Park selects all Fund investments and
strategies, and Fund investors have no opportunity to select or evaluate any Fund investments or
strategies.
Crescent Park does not participate in any wrap fee programs.