Avala Global LP (hereinafter “Avala”, the “Adviser”, the “Investment Manager”, or the “Firm”) is a Delaware limited partnership formed in December 2021 with a principal place of business in New York, New York. The Firm is controlled and principally owned by Divya Nettimi (the “Principal”), who acts as Managing Member of its general partner, Avala Global GP LLC, a Delaware limited liability company. The registration on Form ADV also covers Avala Global LLC (the “General Partner”), a Delaware limited liability company. The General Partner is an affiliate of the Investment Manager and serves as General Partner to the Funds, as defined below. Divya Nettimi controls the General Partner as its Managing Member. Avala serves as the investment adviser, with discretionary trading authority, to private, pooled investment vehicles, the securities of which are offered through a confidential private placement memorandum to accredited investors or non-“U.S. Persons” as defined in Regulation S, each as defined under the Securities Act of 1933, as amended, and qualified purchasers, as defined under the Investment Company Act of 1940, as amended. Avala does not tailor its advisory services to the individual needs of any particular investor. Avala currently advises the following private investment funds:
• Avala Global Onshore LP, a Delaware limited partnership (the “Onshore Fund”)
• Avala Global Offshore LP, a Cayman Islands exempted limited partnership (the “Offshore Fund”)
• Avala Global Intermediate LP, a Cayman Islands exempted limited partnership (the “Intermediate Fund”)
• Avala Global Master LP, a Cayman Islands exempted limited partnership (the “Master Fund”) The Offshore Fund invests all of its assets in the Intermediate Fund. The Intermediate Fund and the Onshore Fund invest all of their assets in the Master Fund. The Onshore Fund, Offshore Fund, Intermediate Fund, and Master Fund, are herein each referred to as a “Fund” or “Client,” and collectively referred to as the “Funds” or the “Clients.”

The Onshore Fund’s and the Offshore Fund’s “Limited Partners” are hereafter collectively referred to as “Investors” where appropriate. The Master Fund is a global equity long-short fund that makes concentrated investments in public and private companies. The Investment Manager focuses on conducting deep fundamental research in order to identify and monetize differentiated ideas. The Master Fund’s mission is to compound capital at high rates over the long term through a concentrated portfolio of best ideas. The 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 “Offering Documents.” Avala may, in the future, advise other clients and private investment funds, including special purpose vehicles, co-investment funds, and similar investment vehicles. Avala does not currently participate in any Wrap Fee Programs. Avala manages, on a discretionary basis, approximately $1,037,750,548 of client regulatory assets under management as of March 31, 2023. Avala does not manage any assets on a non-discretionary basis. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933, as amended, 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 of 1940, 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 the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum.