Garda Capital Partners LP (“Garda”) is a Delaware limited partnership, established in 2015,
which is majority owned by Garda Holdings LP through a holding company, Garda Management
LP. Garda Holdings LP is controlled by Jeffrey Drobny and Timothy Magnusson, who hold their
respective economic interests in Garda Holdings LP through individual trusts.
GCP Acquisition LLC, a subsidiary of Affiliated Managers Group, Inc. (“AMG”), holds a minority
equity interest in Garda. AMG is a publicly-traded global asset management company (NYSE:
AMG). Please see Item 10 – Other Financial Industry Activities and Affiliations for more
information relating to AMG.
Garda provides discretionary investment management services to private pooled investment
vehicles (the “Funds”) offered to investors on a private placement basis.
In addition to its headquarters in Wayzata, Minnesota, Garda also maintains offices in New York,
New York, West Palm Beach, Florida and Scottsdale, Arizona. Garda also has affiliates located
outside the United States: Garda Capital Partners Sárl, a Swiss limited company with operations
in Geneva and Zug, Switzerland that is registered as an asset manager with the Swiss Financial
Market Supervisory Authority (“Garda Switzerland”), Garda Capital Partners Copenhagen
Fondsmæglerselskab A/S, a Danish limited company with operations in Copenhagen, Denmark
that is registered as an investment firm with the Danish Financial Services Authority (“Garda
Denmark”), and Garda Capital Partners Singapore Pte. Ltd., a Singapore private company with
operations in Singapore that is registered as a fund management company with the Monetary
Authority of Singapore (“Garda Singapore”). Each of Garda Switzerland, Garda Denmark, and
Garda Singapore (collectively, the “Advisory Affiliates”) implement certain trading strategies on
behalf of Garda Funds related primarily to European and Asian investment assets. The Advisory
Affiliates are listed on Schedule R of Garda’s Form ADV Part 1A as “Relying Advisers.”
The Funds are managed
according to the terms and investment objectives set forth in each
Fund’s Confidential Private Placement Memoranda, Confidential Offering Memoranda, and other
governing documents applicable to each Fund and provided to Investors (collectively referred
to as the “Offering Documents”). The roles and responsibilities of Garda are defined in
investment advisory agreements between Garda and the Funds, and in the relevant agreements
between Garda and the Advisory Affiliates. Investment restrictions for the Funds, if any, are
established in the applicable governing documents for the Funds.
The interests in the Funds offered by Garda are not registered under the Securities Act of 1933,
as amended, and the Funds themselves are not registered under the Investment Company Act
of 1940, as amended. As a result, Investors in the Funds do not have the benefit of the
protections afforded by, nor are the Funds subject to the restrictions resulting from, such
registrations and regulations. Accordingly, interests in the Funds are offered and sold
exclusively to U.S. and non-U.S. Investors satisfying the eligibility and suitability requirements,
in private transactions within and outside the United States.
Persons reviewing this Brochure should not construe this as an offering of any Fund. Any offer
or solicitation of interests will be made pursuant to the delivery of the Offering Documents for
the respective Funds, which should be read carefully prior to investing for a description of the
merits and risks of such an investment.
Throughout this Brochure, the Funds may also be referred to as “Clients.” The individual
investors in the Funds are referred to as “Investors.” Garda and the Advisory Affiliates
collectively are referred to throughout this Brochure as “Garda,” “we”, “our” or “us.”
As of December 31, 2023, Garda had approximately US $10.412 billion in discretionary net
assets under management. Garda’s Regulatory Assets Under Management (as defined in Form
ADV Part 1A) was approximately US $137.829 billion.