A. Description of the Advisory Firm
Goanna Capital Management LLC (“Goanna Capital”), a Delaware limited liability company,
was formed in 2020. Goanna Capital invests in growth stage private technology companies
through a range of securities. Goanna Capital is owned by Robert Hilmer and is
headquartered in West Palm Beach, Florida.
B. Types of Advisory Services
Goanna Capital, together with its affiliated general partners and managers, provide
discretionary investment advisory services to closed-end pooled investment vehicles, co-
investment vehicles, and special purpose vehicles (each, a “Fund” and, collectively, the
“Funds” or “Clients”) that are exempt from registration under the Investment Company Act
of 1940, as amended (the “Investment Company Act”), and whose securities are not
registered under the Securities Act of 1933, as amended (the “Securities Act”). Co-investment
vehicles and special purpose vehicles are typically formed to invest only in the securities
relating to the particular transaction or strategy for which the vehicle was created.
The Funds offer limited partnership and/or membership interests to certain qualified
investors as described in response to Item 7, below (such investors are referred to herein as
“Investors”).
Investment advice is provided directly to the Funds, subject to the discretion and control of
the applicable Fund’s general partner or manager
(a “General Partner”), and not individually
to the Investors in such Fund. Goanna Capital’s advisory services to the Funds are tailored to
the Funds in accordance with the investment objectives, strategy, and restrictions as set forth
in each Fund’s limited partnership agreement or limited liability company agreement (or
other operating agreement, as applicable), and subscription documents (collectively, the
“Governing Documents”).
The Funds invest primarily in privately held companies. Goanna Capital's advisory services
consist of investigating, identifying, and evaluating investment opportunities, structuring,
negotiating, and making investments on behalf of the Funds, managing, and monitoring the
performance of such investments, and disposing of such investments.
C. Client Tailored Services and Client Imposed Restrictions
Advisory services are tailored to achieve the Clients’ investment objectives. With respect to
the Funds, Goanna Capital has the authority to select which and how many securities and
other instruments to buy or sell without consultation with any Fund or its Investors.
D. Wrap Fee Programs
Goanna Capital does not participate in wrap fee programs.
E. Amounts Under Management
As of December 31, 2023, Goanna Capital had approximately $370,399,146 of assets under
management on a discretionary basis and $0 of assets under management on a non-
discretionary basis.