FELIS ADVANTAGE, LP

Overview

Felis Advantage, LP is a limited partnership operating as a hedge fund that serves an institutional client base. The firm is registered with the SEC and focuses on portfolio management for pooled investment vehicles as well as for businesses and institutions. Its compensation mixes a percentage-of-assets fee with performance-based fees, which aligns the firm’s economics with delivering positive investment outcomes. The firm’s allocation profile is notable for a large cash position alongside active use of alternative strategies. Felis Advantage acts in sponsor/GP and CPO/CTA capacities for pooled vehicles, indicating it both manages internal funds and allocates to external managers. With only a handful of clients and accounts, the business runs a concentrated, bespoke relationship model rather than a retail, high-volume approach. Felis Advantage does not position itself as an active ESG investor and is not structured as a multi-state or pension consulting adviser. Its advisory activities emphasize pooled vehicle management and institutional mandates, reflecting a hedge-fund operational model.

Assets & Accounts

Investments & Alternatives

Location & Offices