Clover Street

Fund, L.P.

Fund Investment Objectives

Launched in January 2009, The Clover Street Fund is a value biased, research driven, equity long/short fund. The Fund maintains a concentrated portfolio, 20 long positions and 20 short positions, invested primarily in small and mid capitalization, information technology stocks. The strategy's historic low net exposure and low volatility emphasize capital preservation while maintaining attractive, long-term risk adjusted returns. The Fund is committed to portfolio and process transparency and employs a disciplined risk management approach.