9AT: KELSON ASSET MANAGEMENT LLC

other names

KELSON ASSET MANAGEMENT LLC

Adviser Profile

As of Date	03/31/2025
Adviser Type - Large advisory firm
Number of Employees	3 50%
of those in investment advisory functions	2
Registration	SEC, Approved, 09/17/2021

AUM^*	226,532,365 31%
of that, discretionary	0 -100%
Private Fund GAV^*	226,532,365 -5%
Avg Account Size	10,787,255 -25%
SMA’s	No
Private Funds	21 5
Contact Info	917 xxxxxxx

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

Accounting Firm Name	Filing Date	Form ADV-E
Accounting Firm Name DEMARCO SCIACCOTTA WILKENS & DUNLEAVY, LLP	Filing Date01/29/2024	Form ADV-E View Report

Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count21	GAV$226,532,365

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser PANDION ASSET MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM90.1m	#Funds-
Adviser CW INDUSTRIAL PARTNERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund293.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV293.4m	AUM293.4m	#Funds5
Adviser PGP ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund166.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV166.3m	AUM166.3m	#Funds1
Adviser CICC ALPHA INVESTMENT MANAGEMENT (USA), LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund175.1m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV175.1m	AUM175.1m	#Funds1
Adviser EDEN CAPITAL MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund209.6m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV209.6m	AUM283.8m	#Funds3
Adviser LAKE WHILLANS CAPITAL PARTNERS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund311.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV311.9m	AUM311.9m	#Funds6
Adviser BANGTAIL MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM156.7m	#Funds-
Adviser PRESTIGE WEALTHWIDE, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM198.5m	#Funds-
Adviser LIGHTVIEW CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund195.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV195.5m	AUM157.6m	#Funds10
Adviser VICTOR CAPITAL PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund491.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV491.0m	AUM491.0m	#Funds9

Brochure Summary

Overview

Description of Firm Kelson Asset Management LLC is a registered investment adviser primarily based in Stamford, CT. We are organized as a limited liability company ("LLC") under the laws of the State of Delaware. We have been providing investment advisory services since 01/05/2021. We are primarily owned by Daniel Ledva and Brian Rathjen.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Kelson Asset Management LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Asset Management Services Kelson Asset Management currently provides investment advisory services access to private investment funds, co-investment opportunities, and direct deals (individually, a "Fund" and collectively

as the "Funds"). The detailed terms, strategies and risks applicable to the Funds are described in each Fund's organizational and offering documents. Details of the guidelines, parameters and restrictions on investments relating to the Fund clients may be found in the applicable Fund's Private Placement Memorandum. Such Funds are available for investment only by institutional investors and other sophisticated, high- net-worth investors, who meet the eligibility requirements of the applicable fund set forth in its Governing Documents. Each such fund is exempt from registration as an investment company under the U.S. Investment Company Act, as amended (the "Investment Company Act"), under Section 3(c)(1) thereof.
Wrap Fee Programs We do not participate in any wrap fee program.
Assets Under Management As of December 31, 2023, we provide continuous management services for approximately $173,054,694 in client assets managed on a discretionary basis.

KELSON ASSET MANAGEMENT LLC

Adviser Profile

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Form ADV-E Surprise Examination Reports

Private Funds Structure

Similar advisers

Brochure Summary

Overview