e invested heavily in technology and programming to monitor this risk and make sure we avoid losing money on the platform. Since Boothbay is running Freestone's platform and will not be competing, we are limiting the amount of exposure Boothbay will have in this platform to 49%. Realistically it should flu

owed the process of onboarding new managers for the platforms. As you are aware, we are rolling the first loss platform that we formerly managed for Freestone, under the name Ignition, into a new Ignition entity, (for which Boothbay is the General Partner). On July 1, we moved 4 of the managers that were

. They split this summer and now run their platform exclusively for Luceadia (the new owner of Jeffries). Instead o f shutting down their platform , Freestone hired my firm, Boothbay to take over as portfolio managers. We already had in place infrastructure including financial operations and risk manageme