Overview
Blue Door Asset Management, LLC (“we,” “us,” or “our”) is a Delaware limited partnership that was
formed in October 2018. We are principally owned and controlled by Michael Luddy and Daniel Krausz,
(the “Partners”).
We provide discretionary investment advice to two private funds, a long-short fund (the “Long-Short
Fund”) and a long only fund (the “Long Only Fund,” and together with the Long-Short Fund, the “Funds”).
We may provide discretionary investment advice to one or more separately managed accounts
(collectively, the “SMAs”). In the future, we may also provide investment advice to additional private
funds and SMAs. References throughout this document to “clients” refer to the Funds and any other
private funds and SMAs that we may advise in the future.
Client accounts are managed in accordance with their own investment and trading objectives, as
described in their respective offering documents, governing agreements or advisory agreements
(collectively, the “Governing Documents”), as applicable. We do not permit investors in the Funds
to
impose limitations on the investment activities described in the Funds’ Governing Documents. Under
certain circumstances, we may contract with an SMA client to adhere to limited risk and/or operating
guidelines imposed by that client. We would negotiate such arrangements on a case-by-case basis. (See
Item 16 - Investment Discretion.)
Blue Door GP LLC, one of our related persons (the “Blue Door GP”), serves as the general partner to the
Funds.
We provide macro-level market and sector insights to certain individuals and entities (“Investment
Consulting Clients”) on a non-discretionary basis. In these circumstances, we will not be responsible for
implementing any of our advice and the Investment Consulting Clients are solely responsible for accepting,
rejecting, and implementing such recommendations and advice.
We do not participate in wrap fee programs.
As of December 31, 2022, we managed $93,312,194 of regulatory assets under management on a
discretionary basis. We do not manage any assets on a non-discretionary basis.