Islet Management, LP serves as an investment advisor with authority to manage private pooled investment vehicles (Funds) and sub-advised accounts. The Funds are for sophisticated, qualified investors and are offered on a private placement basis. Islet does not tailor its advisory services to the individual needs of any particular investor. Investment decisions are subject to each client's investment objectives and guidelines.
Islet Management does not receive a management fee from the Funds. They may enter into different fee arrangements charging a management fee and/or a performance allocation fee in the future. Islet Management is entitled to receive a performance fee from the Sub-advised Accounts.