Overview
A. Principal Owners and Background
Scalar Gauge Management, LLC (the “Adviser”) was founded in 2017 and is owned and controlled by
Sumit Gautam (the “Principal”).
B. Types of Advisory Services
Our primary business is to provide discretionary portfolio management and investment management for
private pooled investment vehicles (“Funds”) and certain qualified legal entities (“Managed Account
Clients”). We may also offer non-discretionary investment advice to other Clients (“Non-Discretionary
Clients”). We refer to the limited partners of our Funds as “Investors,” and the Funds, Managed Account
Clients, and Non-Discretionary Clients collectively as our “Clients.” For more information about the
types of investments that we recommend, please see item 8 below.
C. Tailoring of Advisory Services
Funds
We tailor the portfolio management and investment management services we provide to Funds in
accordance with the investment objective and strategy of each Fund, as set forth in the investment
management agreement (“Management Agreement”) and the partnership agreement (“Partnership
Agreement”) for such Fund. Investment in a Fund does not create an advisory relationship between an
Investor in the Fund and the Adviser, and the Adviser does not generally tailor advisory services provided
to a Fund to the needs of any particular
Investor. Notwithstanding the foregoing, we may enter into side
letter agreements with one or more Investors in a Fund that limit the exposure of the applicable Investors
to particular investments held by such Fund.
Managed Account Clients
The portfolio management and investment management services we offer Managed Account Clients are
tailored to the investment objectives of each such Client, and are subject to investment guidelines set
forth in the Management Agreement between the Adviser and each Managed Account Client.
Non-Discretionary Clients
The scope and type of advisory services we provide to Non-Discretionary Clients are negotiable and are
provided in accordance with the terms, conditions, guidelines, and limitations set forth in the agreement
between us and the applicable Non-Discretionary Client.
See Item 8 for a more detailed description of our advisory services, the types of securities we recommend
and the risks and conflicts of interest related to the services we provide to our Clients.
D. Wrap Fee Programs
The Adviser does not participate in wrap fee programs.
E. Assets Under Management
As of December 31, 2023, the Adviser had approximately $177,558,000 of assets under management on
a discretionary basis and $14,963,000 of assets under management on a nondiscretionary basis, for a
total of $192,521,000 of regulatory assets under management.