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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 19
of those in investment advisory functions 9
Registration SEC, 120-Day Approval, 10/19/2023
AUM* 1,040,000,000
of that, discretionary 1,040,000,000
Private Fund GAV* 1,040,000,000 100.00%
Avg Account Size 520,000,000
SMA’s No
Private Funds 1
Contact Info 949 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
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$1,040,000,000

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Brochure Summary

Overview

Preston Capital, LLC (“Preston Capital” or the "Adviser”) is a Delaware limited liability company organized in July 2023. The ultimate beneficiaries of Adviser are Jon Nelson, Chief Executive Officer, Jonathan Hogan, President and Chief Financial Officer, and Jonathan Brooks, Managing Director. Preston Capital provides investment advisory services to privately offered pooled investment vehicles (each a “Client”, and collectively “Clients” or the “Fund”), the principal entities of which are:
• Dogwood II LP, a South Dakota limited partnership, whose general partner is Market Garden Acquisition GP (Cayman) Ltd., a Cayman Islands exempted company under common control with the Adviser.
• Lodur Capital ICAV, an Irish collective asset management vehicle (“ICAV”) whose alternative investment fund manager (“AIFM”) is JTC Global AIFM Solutions (Ireland) Ltd., and who is advised by Adviser as a delegated investment manager. The Fund is organized in a master-feeder structure, with the Lodur Capital ICAV investing all or substantially all of its assets into Dogwood II, LP. Any reference to the Fund as used herein encompasses the
entire master-feeder structure comprised of Lodur Capital ICAV and Dogwood II LP. The Fund is closed to new investment. Preston Capital, LLC's advisory services are limited to providing investment analysis for life contingent assets, specifically life settlements, which are longevity-based investments whose return is primarily derived by the longevity of an underlying life that is insured by a life insurance policy sold in the secondary or tertiary market for life insurance. The Fund is managed in accordance with the objectives and strategies outlined in that Fund’s offering documents and Adviser does not tailor its investment advice to the needs of the individual investors (“Investors”) in the Fund. The Fund is closed to new Investors. Please see Items 5, 8, 12 and 14 for additional information regarding Adviser’s investment strategy, the role of related companies in executing the investment program, and related fees. As of March 13, 2024, Preston Capital, LLC has total regulatory assets under management of $1,040,000,000, all of which is managed on a discretionary basis. Adviser does not advise assets on a non-discretionary basis.