Overview
A. Principal Owners and Background
8 Knots Management, LLC (the “Adviser”) was founded in April 2019 to provide investment
advisory services to private funds, institutional clients and high net worth individuals. The Adviser
is owned and controlled by Scott J. Green (the “Principal”).
B. Types of Advisory Services
The Adviser currently provides advisory services to a commingled pooled vehicle, 8 Knots Fund,
LP (the “Fund”). 8 Knots GP, LP is the General Partner of the Fund (“General Partner”) and the
Adviser is the general partner of the General Partner. Scott J. Green is the sole owner of 8 Knots
Management, LLC. The Fund is a long-short equity fund with a broad investment mandate,
primarily focused on U.S. healthcare equities. The Adviser’s investment advisory services to the
Fund includes investigating, analyzing and structuring potential investments, monitoring the
performance of portfolio investments, and advising the Fund as to disposition opportunities. The
Adviser tailors its advisory services to the Fund in accordance with the Fund’s investment strategy,
as disclosed in the Fund’s private placement memorandum, investment management agreement
and partnership agreement (the “Governing Fund Documents”).
Additionally, the Adviser currently provides portfolio management services to institutional clients
and high net worth individuals that (i) qualify as accredited investors, as defined in Rule 501 under
the Securities Act of 1933,
as amended (the “1933 Act”), (ii) qualify as qualified institutional
buyers, as defined in Rule 144(A)(a)(1) under the 1933 Act, or (iii) have a net worth of not less
than $5,000,000 (each a “SMA Client”) and together with the Fund, each a “Client”). The Adviser
may offer investment advisory services to other types of clients in the future. The Adviser has a
broad investment mandate with respect to each SMA Client.
C. Tailoring of Advisory Services
As noted in Item 4(B) above, with respect to the Fund, the Adviser tailors the advisory services
provided to the Fund to meet the investment strategy set forth in the Fund’s Governing Fund
Documents. Additionally, pursuant to the Investment Management Agreement with the Fund, the
Adviser has broad investment discretion and does not tailor its advisory services to the needs of the
individual investors in the Fund, and investors may not impose restrictions on the securities or types
of securities in which the Fund invests.
With respect to the separately managed accounts, the Adviser may allow certain tailoring and
restrictions on a SMA Client-by-SMA Client basis, pursuant to an investment management
agreement with each individual investor and at the discretion of the Adviser.
D. Wrap Fee Programs
The Adviser does not participate in wrap fee programs.
E. Assets Under Management
As of December 31, 2023, the Adviser had $588,508,925 of assets under management on a
discretionary basis.