CenterStar Asset Management, LLC

Overview

CenterStar Asset Management, LLC is a private investment firm based in Chicago, Illinois, specializing in investment advisory and portfolio management services. The firm offers sophisticated risk management and advisory services to private funds in the listed equity, equity options, and futures spaces. Additionally, CenterStar provides middle and back-office services to trading managers, allowing them to focus on idea generation and execution for their private fund and separately managed account clients. Their services include document preparation, portfolio risk management, investor relations management, and fund tax and audit services. The firm's investment advisory services emphasize equity options and futures strategies, utilizing a robust operational and compliance program to provide comprehensive support. CenterStar partners with portfolio managers to manage all other fund operations, including accounting, legal, marketing, and compliance, leveraging the experience of its employees and economies of scale to provide quality investment advisory and middle and back-office services. The firm is registered as an investment adviser with the Securities and Exchange Commission and as a commodity pool operator and commodity trading adviser with the Commodity Futures Trading Commission, and is a member of the National Futures Association. CenterStar Asset Management, LLC was established on July 17, 2017, and is primarily owned by SpiderRock Holdings, LLC. As of January 15, 2025, the firm managed $115,097,747 in regulatory assets under management on a discretionary basis. The firm charges its funds an investment management fee of up to 1.0% per annum based on the value of assets under management, with the rate varying among the funds. Additionally, CenterStar receives performance-based compensation of up to 40% of trading profits, subject to terms outlined in each fund's offering documents. Investors in the funds must be accredited investors with a minimum investment requirement of $500,000, subject to waiver. The firm's investment strategies involve trading in various securities and products, detailed in each fund's offering documents. CenterStar has adopted a Code of Ethics and has policies in place to manage conflicts of interest related to personal trading, client referrals, and brokerage practices. The firm exercises broad discretionary authority in trading on behalf of its funds and abstains from voting client securities' proxies.

Investment Focus

• Accredited investors