Baymount Management LP (“Baymount”, “we” or “us”), a Delaware limited partnership, provides
discretionary investment management services to institutional investors (each a “Managed
Account” and collectively, the “Managed Accounts”) as well as to pooled investment vehicles (each
a “Private Fund,” or collectively, the “Private Funds,” and together with the Managed Account
Clients, the “Clients”). Formed in January 2019, Baymount is primarily owned and controlled by
Andrew Casino. Mr. Casino is the founder and Chief Investment Officer of Baymount (“Founder”
or “CIO”). We aim to generate through-cycle, uncorrelated, absolute returns in global markets
through the implementation of our discretionary global macro strategy which focuses on the G7 and
liquid emerging markets.
In carrying out our investment strategy, we take long and short positions in, among other things,
listed equities, ADRs and GDRs, contracts for differences, futures, exchange traded funds, swaps
(e.g., total return swaps, credit default swaps, rate swaps, volatility swaps), currencies and FX
forwards, fixed income instruments (e.g., cash bonds, mortgage backed securities, commercial
mortgage backed securities), structured credit (e.g., collateralized loan obligations), commodities,
and options on the foregoing asset classes. We also trade instruments listed on both U.S. and non-
U.S. exchanges and employ various strategies for hedging purposes as well as other securities for
cash management purposes. Additional information about Baymount investment strategies and
associated risks can be found in greater detail below in Item 8, Methods of Analysis, Investment
Strategies and Risk of Loss.
The investment activities of Baymount are led by Mr. Casino, who oversees the implementation of
the investment strategy and various portfolio and risk management matters. In providing services
to the Private Funds, among other things, Baymount manages
assets in accordance with the terms
of the applicable governing documents. In providing services to the Managed Accounts, among
other things, Baymount manages assets in accordance with the terms of the applicable investment
management agreement (an “Investment Management Agreement”). Baymount provides
investment advice directly to the Private Funds and not individually to a Private Fund’s limited
partners, shareholders, or Fund Investors (collectively “Fund Investors”). Investment restrictions
for the Private Funds are generally established in the applicable governing document such as a
limited partnership agreement or private placement memorandum (collectively “Fund Governing
Documents”) and for Managed Accounts by an Investment Management Agreement. An affiliate
of our firm controlled by Mr. Casino, Baymount Funds GP, LLC (the “General Partner”), a
Delaware limited liability company, serves as the general partner for the Private Funds. Baymount
may advise other Clients in the future.
Baymount and the Private Funds have entered into an arrangement with one or more strategic
investors (the “Strategic Investor”), whereby the Strategic Investor has provided a significant capital
contribution to the Private Funds. In consideration for such capital contribution, the Strategic
Investor receives certain rights that are in addition to, and more favorable than, the rights of other
Fund Investors. Additional information about Baymount investment strategies and associated risks
can be found in greater detail throughout the brochure including in Item 5, Fees and
Compensation, Item 10, Other Financial Industry Activities and Affiliations, and Item 14, Client
Referrals and Other Compensation.
As of January 1, 2023, Baymount manages approximately $741,400,000 in net assets under
management on a discretionary basis. Baymount does not manage any advisory client assets on a
non-discretionary basis.