A. Advisory Firm
OM Advisers LP (“OM Advisers”, “Investment Manager”, the “Firm,” “we,” “us,” or “our”) is
a Delaware limited partnership, with its principal place of business in New Jersey. OM Advisers
was formed in October 2019 and is registered as an investment adviser with the United States
Securities and Exchange Commission. Ajay G. Shroff is the principal owner of OM Advisers. The
general partner of OM Advisers is OM Advisers GP LLC (or “Investment Manager GP”) which
is owned and controlled by Ajay G. Shroff, the sole managing member of the Investment Manager.
B. General Description of Advisory Firm
OM Advisers provides investment management services on a discretionary basis to Orion Onshore
Fund LP, a Delaware limited partnership (the “Onshore Fund”), Orion Offshore Fund Ltd, a
Cayman Islands exempted company (the “Offshore Fund”), and Orion Master Fund LP, a Cayman
Islands exempted limited partnership, (collectively, the “Funds”). As an investment adviser, OM
Advisers recommends investments in a basket of investment funds, including investment funds
which are themselves funds-of-funds, (the “Investment Funds”) managed by third-party
investment advisers (“Third-Party Advisers”).
Orion Fund GP LP, a Delaware limited liability company (the “General Partner”) is the General
Partner of the Funds and the Onshore Fund. The General Partner has delegated to the Investment
Manager the responsibility for implementing the investment objectives and securities-trading
activities of the Funds in a manner consistent with the investment objectives and strategies of the
Funds as set forth herein.
The Investment Manager will also be the investment manager of the Offshore Fund (if and when
formed), and may also serve as an adviser to one or more other pooled investment vehicles and
managed accounts (whether now in existence or formed in the future), including pooled investment
vehicles formed to invest in the Funds, or in parallel with the Funds.
OM Advisers does not limit its investment advice to only certain types of investments.
C. Specific Advisory Services
The Firm’s advisory services are provided to the Funds, pursuant to the terms of the Funds’ relevant
offering documents and based on the specific investment objectives and strategies as disclosed in the
offering documents. The advisory services received by the Funds are tailored to the needs, specified
investment objectives and strategies as set forth in each Fund’s offering documents. The Funds may
impose restrictions on investing in certain types of securities in accordance with achieving their
investment objectives and strategies.
D. Wrap Fee Programs
Not Applicable. OM Advisers does not participate in wrap fee programs.
E. Assets Under Management
As of December 31, 2022, OM Advisers had approximately $162,544,842 in regulatory assets under
management on a discretionary basis. OM Advisers currently does not manage any of its Fund
assets on a non-discretionary basis.