SELZ CAPITAL LLC – investment adviser, $750M regulatory AUM (Form ADV)

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	18	$409,330,000	54.6%
Pooled investment vehicles	1	$296,603,000	39.6%
Charities	3	$41,154,000	5.5%
Corporations & businesses	2	$2,470,000	0.3%

Filing source

Form ADV 1284358 · Mar 9, 2019 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

3 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

KARNAK PARTNERS, L.P.Hedge Fund · Last reported Mar 9, 2019$297MGross asset value

Fund administrator ESSENTIAL FUND SERVICES LLC TARRYTOWN, New York, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor EISNERAMPER LLP NEW YORK, New York, United States

Custodian NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States Related to adviser: No

Prime broker NATIONAL FINANCIAL SERVICES LLC BOSTON, Massachusetts, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

EISNERAMPER LLP
PCAOB 274

NATIONAL FINANCIAL SERVICES LLC
SEC 8-26740

NATIONAL FINANCIAL SERVICES LLC
CRD 13041 · SEC 8-26740

Fund details & source

Fund ID: 805-4084237485
Reported beneficial owners: 29
Minimum commitment: $1M
Form D file number: 021-901295

Form ADV 1284358 · Mar 9, 2019 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ERMITAGE SELZ FUND LIMITEDHedge Fund · Last reported Mar 20, 2014$161MGross asset value

Auditor DELOITTE & TOUCHE LTD HAMILTON, Bermuda

Custodian J.P. MORGAN CLEARING CORP. BROOKLYN, New York, United States Related to adviser: No

Marketer UNION BANCAIRE PRIVEE, UBP SA ST. HELIER, Jersey Related to adviser: No

Prime broker J.P. MORGAN CLEARING CORP. BROOKLYN, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

J.P. MORGAN CLEARING CORP.
SEC 8-43724

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-9104799186
Reported beneficial owners: 130
Minimum commitment: $10K

Form ADV 796029 · Mar 20, 2014 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GAM SELECTION HEDGE INC.Hedge Fund · Last reported Mar 20, 2014$80.3MGross asset value

Fund administrator GAM FUND MANAGEMENT LIMITED DUBLIN, Ireland Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSE COOPERS DUBLIN, Ireland

Custodian J.P. MORGAN CLEARING CORP. BROOKLYN, New York, United States Related to adviser: No

Marketer GAM LIMITED DUBLIN, Ireland Related to adviser: No

Prime broker J.P. MORGAN CLEARING CORP. BROOKLYN, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

J.P. MORGAN CLEARING CORP.
SEC 8-43724

J.P. MORGAN CLEARING CORP.
CRD 28432 · SEC 8-43724

Fund details & source

Fund ID: 805-5874604261
Reported beneficial owners: 96
Minimum commitment: $25K

Form ADV 796029 · Mar 20, 2014 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 9, 2019. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

1370 AVENUE OF THE AMERICAS, 24TH FLOOR
NEW YORK, NY, 10019-4602, United States

CRD 158232

Filing source

Form ADV 1284358 · Mar 9, 2019 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.