AIP Asset Management Inc. was founded in 2013 and employs a team with over 100 years of combined experience in private and public markets. The company is led by co-founders Jay Bala, CFA (CEO and Senior Portfolio Manager) and Alex Kanayev, MBA, CPA, ICD.D (Chairman), both of whom were nominated for the Ernst & Young Entrepreneur of the Year Award in 2014. The management team includes seasoned professionals with extensive experience in finance, compliance, and portfolio management.

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The fund's investment objective is to seek to generate superior returns through activist investments in investee issuers that the Manager believes have the potential to provide substantial upside. The Manager's intention is that the Partnership will principally focus on investments in convertible private debt securities. The fund provides access to senior secured convertible asset-based loans to public North American small-cap companies with a focus on generating superior risk-adjusted returns and capital protection. The fund targets publicly listed North American small-cap companies with market capitalizations below $100 million. The investment approach involves rigorous credit underwriting, senior secured positions with collateral and guarantees, active loan monitoring, and multiple exit strategies including conversion to equity or loan repayment.

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