Overview
This Brochure applies to Oberland or the Adviser, which in addition to Oberland Capital Management LLC,
includes its relying adviser QuantBio Management LLC (the “Relying Adviser”). Oberland Capital
Management LLC, a Delaware limited liability company, began operations in 2013. QuantBio
Management LLC, a Delaware limited liability company began operations in 2022. Oberland’s business
consists of providing advisory services on behalf of pooled investment vehicles (collectively the “Funds”)
that focus on investments in the healthcare sector (“Portfolio Investments”). The Funds are exempt from
registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and the securities
of the Funds are not registered under the Securities Act of 1933, as amended (the “Securities Act”).
The Funds advised by Oberland Capital Management LLC primarily make investments in traditional and
structured royalties in the healthcare products industry (such Funds, the “Oberland Capital Funds”). The
Funds advised by the Relying Adviser primarily make investments in the listed equities of publicly-traded
pharmaceutical, biotechnology and other companies in the healthcare sector (such Funds, the “QuantBio
Funds”). Oberland’s advisory services consist of investigating, identifying and evaluating investment
opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and
monitoring the performance of such investments and disposing of such investments. Oberland provides
investment supervisory services to each Fund in accordance with the limited partnership agreement (or
analogous organizational document) of such Fund or separate investment and advisory, investment
management or portfolio management agreements. Investment advice is provided directly to the Funds,
subject to the discretion and control of the applicable general partner, and not individually to the investors
in the Funds.
Each of Oberland Capital Management LLC and QuantBio Management LLC is owned by Mr. Andrew
Rubenstein and Mr. Jean-Pierre Naegeli. As of December 31, 2023, Oberland Capital Management LLC
had approximately $3.1 billion in assets under management, all of which is discretionary.