Overview
Slate Path is an investment advisory firm established in April 2012 and organized
under the laws of Delaware. Slate Path is owned by Mr. David Greenspan and JADES
GP, LLC, a Delaware limited liability company, and has its principal place of business
in New York City. The principal owner of JADES GP, LLC is Mr. David Greenspan.
We provide discretionary investment management and administrative services to clients
(“Clients”) that are privately offered pooled investment vehicles (“Funds”) commonly
referred to as “hedge funds” or “private funds.” We serve as an investment adviser or
manager for the Funds. The terms of those relationships are set out in our investment
management agreements with, or the governing documents of, the Funds. The terms of
the Funds are set forth in Confidential Private Placement Memoranda or Confidential
Offering Memoranda (the “Offering Documents”) of the Funds. The Funds are offered
only to investors (“Investors”) who are (i) “accredited investors” as defined under the
Securities Act of 1933, as amended (the “Securities Act”) and “qualified purchasers” as
defined in section 2(a)(51)(A) of the Investment Company Act of 1940, as amended
(the “Investment Company Act”), (ii) “knowledgeable employees” (as defined in Rule
3c-5
under the Investment Company Act), or (iii) non-U.S. persons. With respect to
the Funds, Slate Path manages assets in accordance with the investment objectives and
restrictions set forth in the governing documents applicable to each Fund. The individual
needs of the Investors in the Funds do not provide the basis of investment decisions.
Investment advice is provided directly to the Funds and not individually to the Funds’
Investors.
Slate Path manages Funds in two master feeder structures, with Funds investing all or
substantially all of their assets directly or indirectly in two master funds (Slate Path
Master Fund LP ( the “Flagship Master Fund”) and the SPB Master Fund. The
Flagship Master Fund and the SPB Master Fund are referred to herein as the “Master
Funds”).
As of December 31, 2023, Slate Path managed on a discretionary basis $6,880,570,797 of
“regulatory assets under management” as defined under Item 5.F in Part 1A of Form ADV.
This Brochure generally includes information about Slate Path and its relationships with
the Funds and affiliates. While much of this Brochure applies to all such Funds and
affiliates, certain information included herein applies to specific Funds or affiliates only.