Foxhaven Asset Management, LP

Foxhaven Asset Management, LP provides discretionary investment management to related pooled vehicles, principally master-feeder structures and private investment partnerships, rather than to individual retail clients. The Funds pursue an absolute‑return objective and are offered to institutional and high‑net‑worth investors who meet applicable suitability standards such as accredited investor and qualified purchaser status.

The firm follows a fundamental, bottom‑up long‑short equity approach with a global focus on the TMT, consumer and industrials sectors, deploying capital to opportunities it views as offering the best return relative to risk without regard to index weightings. Foxhaven’s strategy routinely employs short sales, margin, leverage and derivatives — including options and over‑the‑counter instruments and exposures tied to commodities — to generate returns and manage risk.

Notably, the brochure discloses the firm’s use of commodity‑linked and other derivative instruments and the attendant counterparty, liquidity and valuation risks that can accompany such positions, as well as procedures for cross‑trades, soft‑dollar research arrangements and insider‑trading controls. An affiliate serves as the Funds’ General Partner and related persons commonly invest in the Funds, and the adviser reports serving primarily institutional and multi‑million‑dollar investors.