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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 1
of those in investment advisory functions 1
Registration SEC, Approved, 09/09/2021
AUM* 4,151,144,835 82.43%
of that, discretionary 4,151,144,835 82.43%
Private Fund GAV* 4,151,144,835 11.30%
Avg Account Size 1,383,714,945 264.86%
SMA’s No
Private Funds 1
Contact Info 406 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 975M 650M 325M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$4,151,144,835

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Brochure Summary

Overview

General Description of the Advisory Firm: Greenvale Capital LP (hereinafter “Greenvale Capital LP”, “we”, “us”, “our” or the “Firm”) was established in December 2020 and is organized as a Delaware limited partnership with a principal place of business in Montana, United States. The Firm has established a sub-delegation arrangement, pursuant to which it provides investment advisory services to Greenvale Capital LLP, a United Kingdom based affiliate of the Firm that is authorised and regulated by the UK’s Financial Conduct Authority as an Alternative Investment Fund Manager. Greenvale Capital LLP is an RIA with the SEC, in respect of the pooled investment vehicles and segregated account mandates. Both the Firm and Greenvale Capital LLP are under common control. The principal owner of the Firm and Greenvale Capital LLP is Mr. Bruce Emery, who is also a Partner and Chief Investment Officer at both the Firm and Greenvale Capital LLP. For the purposes of this Brochure, the Firm and Greenvale Capital LLP are collectively referred to as “Greenvale Capital”. Description of Advisory Services The Firm provides investment advisory services to Greenvale Capital LLP, which provides discretionary investment management services to pooled investment vehicles, the securities of which are offered to investors on a private placement basis. The manager of each of the pooled investment vehicles is Greenvale Capital (Cayman) Limited (“the “Manager”), a Cayman Islands exempted company, which has delegated its discretionary investment authority to Greenvale Capital LLP. The general partner of each of the Funds is Greenvale Capital General Partner Limited (a Cayman Islands exempted company) which also serves as the general partner to the Firm. The pooled investment vehicles are as follows:
• Greenvale Capital (Cayman) Master Fund Limited, a Cayman Islands exempted company (the “Master Fund”);
• Greenvale Capital (Cayman) Fund Limited, a Cayman Islands exempted company (the “Offshore Fund”); and
• Greenvale Capital (Onshore) Fund, LP, a Delaware limited partnership (the “Onshore Fund” and, together with the Offshore Fund, the “Feeder Funds”). The Master Fund and the Feeder Funds are herein each referred to as a “Fund” or, collectively, the “Funds”. The Onshore Fund’s “Limited Partners” and the Offshore Fund’s “Shareholders” are hereafter collectively referred to as the “Investors” where appropriate. The Fund’s investment objective is to achieve long-term capital appreciating by selecting investment opportunities with attractive risk-adjusted expected return profiles. The Funds operate a global equity long/short concentrated portfolio of single name stocks in which both long and shorts are identified through deep fundamental and primary analysis. Investment decisions and advice with respect to the Funds are subject to each Fund’s investment objectives and guidelines, as set forth in its respective Private Placement Memorandum. Greenvale Capital LLP also manages a number of segregated
accounts on a discretionary basis, herein referred to as the “Client Accounts” (together with the Fund, the “Clients”). Greenvale Capital LLP acts in the capacity of sub-adviser to these Client Accounts and has been allocated a portion of the assets to manage on behalf of the investment manager to those Client Accounts. The Firm will participate in the management of these Client Accounts as part of its sub-delegation agreement with Greenvale Capital LLP. Please refer to Greenvale Capital LLP’s Form ADV filings for more information on these Client Accounts. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Fund are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective investors in the Funds, including requirements that they be “accredited investors” as defined in Regulation D, “qualified purchasers” as defined in the Investment Company Act, or non-“U.S. Persons” as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. The descriptions set forth in this Brochure of specific advisory services that we offer to our Clients, and investment strategies pursued, and investments made by us on behalf of our Clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment including any not described in this brochure, that we consider appropriate, subject to each Client’s investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any Client will be achieved. Availability of Tailored Services Greenvale Capital’s investment decisions and advice with respect to each Client will be subject to each Client’s investment objectives and guidelines, as set forth in its respective governing and offering documents in the case of the Funds and as set forth in the applicable investment management agreement in the case of the Client Accounts. Wrap Fee Programs Greenvale Capital does not participate in any Wrap Fee Programs. Client Assets under Management The Firm is under common control with Greenvale Capital LLP, and sub advises the Funds and provides certain investment related services to Greenvale Capital LLP, which in addition to the Funds also manages the Client Accounts. Correspondingly, the regulatory assets under management attributable to Greenvale Capital LP is $ 4,151,144,835 as of 31 December 2023, all of which is managed on a discretionary basis.