Carronade Capital Management, LP is a Delaware limited partnership that provides discretionary investment management services to qualified investors through its private funds.
The firm's founder, Daniel Gropper, is the majority beneficial owner and directs the investment activities and operations of the Funds. Carronade manages three private, pooled investment vehicles: Carronade Capital Offshore, LP; Carronade Capital Partners, LP; and Carronade Capital Master, LP.
Over the period, significant transformations were evident in Carronade Capital Management's Form ADV Filings.
A substantial growth in Assets Under Management (AUM) was observed. The AUM increased from $791.6 million to nearly $1.46 billion, marking a surge of 84.29%.
In alignment with this financial growth, the firm expanded its workforce, enhancing the employee count from 12 to 14.
The executive team also experienced a significant modification. Ashleigh Goit O'Gara, who previously served in the capacities of Chief Compliance Officer, Chief Administrative Officer, and Counsel, was removed from her roles on March 17, 2023.