Garda Capital Partners LP (“Garda”) is a Delaware limited partnership, established in 2015,
which is majority owned by Jeffrey Drobny, Timothy Magnusson and Robert Goedken indirectly
through certain holding companies. Garda’s main operations are located in Wayzata, Minnesota.
GCP Acquisition LLC, a subsidiary of Affiliated Managers Group, Inc. (“AMG”), holds a minority
equity interest in Garda. AMG is a publicly-traded global asset management company (NYSE:
AMG). Please see Item 10 – Other Financial Industry Activities and Affiliations for more
information relating to AMG.
Garda provides investment management services to private pooled investment vehicles (the
“Funds”) offered to investors on a private placement basis.
In addition to its principal place of business in Minnesota, Garda also maintains offices in New
York, New York, West Palm Beach, Florida and Scottsdale, Arizona. Garda also has affiliates
located outside the United States: Garda Capital Partners Sárl, a Swiss limited company with
operations in Geneva and Zug, Switzerland that is registered as an asset manager with the
Swiss Financial Market Supervisory Authority (“Garda Switzerland”), Garda Capital Partners
Copenhagen Fondsmæglerselskab A/S, a Danish limited company with operations in
Copenhagen, Denmark that is registered as an investment firm with the Danish Financial
Services Authority (“Garda Denmark”), and Garda Capital Partners Singapore Pte. Ltd., a
Singapore private company with operations in Singapore that is registered as a fund
management company with the Monetary Authority of Singapore (“Garda Singapore”). Each of
Garda Switzerland, Garda Denmark, and Garda Singapore (collectively, the “Advisory
Affiliates”) implement certain trading strategies on behalf of Garda Funds related primarily to
European and Asian investment assets.
The interests in the Funds offered by Garda are not registered under the Securities Act of 1933,
as amended, and the Funds themselves are not registered under the Investment Company Act
of 1940, as amended.
As a result, Investors in the Funds do not have the benefit of the
protections afforded by, nor are the Funds subject to the restrictions resulting from, such
registrations and regulations. Accordingly, interests in the Funds are offered and sold
exclusively to U.S. and non-U.S. Investors satisfying the eligibility and suitability requirements
applicable to private transactions under applicable U.S. law. Investments in the Funds are
limited to sophisticated institutional investors, including corporations, pension plans, sovereign
wealth funds, endowments and foundations, private wealth management firms, and fund-of-
funds, as well as to Garda and current and former employees of Garda and other related parties.
The Funds are managed according to the terms and investment objectives set forth in each
Fund’s Confidential Private Placement Memoranda, Confidential Offering Memoranda and other
governing documents applicable to each Fund and provided to Investors (collectively referred
to as the “Offering Documents”). The roles and responsibilities of Garda are defined in
investment advisory agreements between Garda and the Funds, and in the relevant agreements
between Garda and the Advisory Affiliates.
Persons reviewing this Brochure should not construe this as an offering of any Fund. Any offer
or solicitation of interests will be made pursuant to the delivery of the Offering Documents for
the respective Funds, which should be read carefully prior to investing for a description of the
merits and risks of such an investment.
Throughout this Brochure, the Funds may also be referred to as “Clients.” The individual
investors in the Funds are referred to as “Investors.” Garda and the Advisory Affiliates
collectively are referred to throughout this Brochure as “Garda,” “we”, “our” or “us.”
As of December 31, 2022, Garda had approximately US $8.837 billion in discretionary net assets
under management. Garda’s Regulatory Assets Under Management (as defined in Form ADV
Part 1) was approximately US $105.664 billion.