Overview
Ulysses Management LLC (“Ulysses”, “our” or “we”) was formed in 1997. We are owned
principally by Joshua Nash LLC, which is owned by Joshua Nash. We provide investment
management services to private investment funds (“Funds”) and to a separately managed
account (“Client” and together with the Funds “Clients”), as more fully described below.
Also, we are the manager of a special purpose vehicle owned by one of the Funds along with
co-investors, which invested in an illiquid private equity investment.
Private Investment Funds. We are the investment manager for two Funds.
Fund that invests in hedge funds and marketable securities: One of our Funds invests in
other hedge funds, in accounts advised by unaffiliated investment advisers and in
marketable securities of all kinds. Joshua Nash and his family members own
approximately 91% of the capital of the Fund. A small percentage of the Fund is owned by
the family of a long time business partner of the Nash family. Our offshore fund completed
an orderly liquidation as of December 31, 2023.
Fund that invests in illiquid investments: The Fund invests in illiquid investments such as
real estate, private equity and real estate funds and private companies in a wide array of
industries. The family of Joshua Nash owns approximately 84% of the capital of the Fund.
Separately Managed Account.
We serve as investment manager for a private foundation controlled by the family of a
long time business partner of the Nash family. This account is invested in one private
investment in a real estate fund.
Investment Discretion
We tailor our advisory services to the stated objectives of each Client. Limitations and
restrictions on certain investments or types of investments, if any, are set forth in the
investment management agreement entered into with, and in investment guidelines provided
by, each Client.
In each case, we have discretion to determine outside investment advisers to be engaged and
investment acquisitions and dispositions, consistent with the stated investment objectives
and limitations of the respective Client. We do not participate in wrap fee programs.
As of December 31, 2023, we provided discretionary asset management for approximately
$1.59 billion of Client assets.