9AT: PARSOW MANAGEMENT LLC

Adviser Profile

As of Date	03/27/2026
Registration	SEC, Approved, 02/22/2012
Contact Info	402 xxxxxxx

AUM^*	301,226,564 16%
of that, discretionary	301,226,564 16%
Number of Employees	1
of those in investment advisory functions	1
Private Fund GAV^*	301,226,564 10%
Avg Account Size	301,226,564 16%
SMA’s	No
Private Funds	1

Adviser Type

- Large advisory firm

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

	Count	GAV
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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 JGB CAPITAL MANAGEMENT L.P.	Hedge Fund393.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV393.1m	AUM421.0m	#Funds6
Adviser HORIKO CAPITAL MANAGEMENT LLC	Hedge Fund248.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV248.9m	AUM475.1m	#Funds2
Adviser QSEMBLE CAPITAL MANAGEMENT, LP	Hedge Fund1.5b	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.5b	AUM2.0b	#Funds3
Adviser 8 KNOTS MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM2.0b	#Funds-
Adviser PALOGIC VALUE MANAGEMENT, L.P.	Hedge Fund141.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV141.9m	AUM405.5m	#Funds4
Adviser MEDINA VALUE PARTNERS, LLC	Hedge Fund428.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV428.9m	AUM717.2m	#Funds4
Adviser OGBORNE CAPITAL MANAGEMENT, LLC.	Hedge Fund410.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV410.0m	AUM410.0m	#Funds3
Adviser GULLANE CAPITAL, LLC	Hedge Fund145.3m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV145.3m	AUM145.3m	#Funds13
Adviser SOVIERO ASSET MANAGEMENT, LP	Hedge Fund267.7m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV267.7m	AUM267.7m	#Funds3
Adviser ZENYATTA CAPITAL MANAGEMENT LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM295.8m	#Funds-

Brochure Summary

Overview

Parsow Management LLC was formed as a Nebraska limited liability company in October 2001 to serve as the general partner of Elkhorn Partners Limited Partnership, a private investment fund formed as a Nebraska limited partnership in June 1988. Alan S. Parsow founded us and the Elkhorn Partners fund. We are owned and managed solely by Mr. Parsow. Mr. Parsow makes all investment decisions on behalf of our firm. As of December 31, 2023, we had $260.6 million in assets under management. Our only business is to manage the assets of the Elkhorn Partners fund on a discretionary basis. We have full trading authority over the Elkhorn Partners fund’s accounts and discretionary authority to buy, sell or otherwise effect investment transactions in stocks, bonds and other investments on behalf of the fund. We may also invest the assets of the Elkhorn Partners fund in short-term liquid

securities, including U.S. government securities, commercial paper, bank certificates of deposit or money market funds. We may also buy and sell put and call options on behalf of the Elkhorn Partners fund for hedging purposes. All investments are made in accordance with the investment objectives of the Elkhorn Partners fund and our investment strategies. Investments are not tailored to any particular investor in the Elkhorn Partners fund. The success of the Elkhorn Partners fund in obtaining its investment objectives is dependent solely on the investment abilities of Mr. Parsow. As used in this brochure, the words “we,” “our” and “us” refer to Parsow Management LLC and references to the “Elkhorn Partners fund,” the “fund” and “client” refer to Elkhorn Partners Limited Partnership. The words “you” and “your” refer to the Elkhorn Partners fund as our sole client.

PARSOW MANAGEMENT LLC

PARSOW MANAGEMENT LLC

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview

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PARSOW MANAGEMENT LLC PARSOW MANAGEMENT LLC

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Private Funds Structure

Similar advisers

Brochure Summary

Overview

PARSOW MANAGEMENT LLC

PARSOW MANAGEMENT LLC