Overview
A. The Advisory Firm and its Owners
Gladius Capital Management LP (“Gladius”, “Adviser”, “we” or “us”) is a Delaware
limited partnership with its principal place of business in Chicago, IL. Adviser’s
founder and principal owner is Pavandeep (“Pav”) Sethi, Chief Executive Officer and
Chief Investment Officer. Adviser has been registered with the SEC as an investment
adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”)
since December 2009 and commenced operations that same year.
Adviser has its principal office located in Chicago, Illinois and has branch offices
located in Park City, Utah and Stamford, Connecticut. Gladius has a sub-advisory
agreement with Gladius Investment Group Asia Limited (“GIG Asia”), which maintains
an office in Hong Kong.
B. Advisory Services
Gladius provides discretionary investment management services to private collective
investment vehicles exempt from registration as investment companies under
Section 3(c)(7) of the Investment Company Act of 1940, as amended (each a “Fund”,
and collectively the “Funds”). Gladius’ provision of these services to a Fund can be in
a sub-advisory
capacity. Gladius also provides discretionary investment management
services to separately managed accounts (each, a “Managed Account” and collectively
the “Managed Accounts”). The Funds and Managed Accounts shall be referred to
herein as “Clients” or, individually as a “Client”. Persons and entities that invest in the
Funds or own a Managed Account, are referred to herein as “investors”.
C. Investment Guidelines
Gladius provides advisory services to its Clients, and similarly structured vehicles,
based on specific mandates, guidelines or restrictions set forth in the relevant
operating agreement, private placement memorandum, investment management
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agreement and/or other governing document (collectively the “Offering
Documents”), as applicable.
D. Wrap Fee Programs
Gladius does not currently participate in wrap fee programs by providing portfolio
management services.
E. Assets Under Management
Gladius manages approximately USD 3,104,013,626 of regulatory assets under
management on a discretionary basis calculated as of December 31, 2023. We do not
currently manage any client assets on a non-discretionary basis.