Pavaki Capital aligns investor interests through a 0% management fee and a 20% performance fee applied solely to profits (“no profit, no fee”). Performance information presented on this website represents Time-Weighted Returns (TWR) as reported through Interactive Brokers LLC PortfolioAnalyst reports and is presented gross of performance fees unless otherwise stated.

For illustrative net-of-performance-fee equivalent only, applying a 20% performance allocation to the reported gross returns would result in approximately 133.6% for 2025, 31.2% annualized over 10 years, and 1,395% cumulatively since inception, compared with reported gross returns of 167%, 39%, and 2,559%, respectively. These illustrative calculations do not represent actual investor-specific net returns and may differ based on individual investment terms, timing, fees, expenses, and other factors.

Performance shown for periods prior to September 2020 represents the historical track record of Sahdev LLC, a predecessor entity. Sahdev LLC operated under a different legal and regulatory structure from Pavaki Capital Partners LP, and its historical results may have been achieved under different investment constraints, strategies, or regulatory requirements.

Past performance is not indicative of future results. Investing involves significant risk, including the potential loss of the entire principal amount invested. The Fund experienced a historical maximum drawdown of 51.63% from January 2022 through September 2022. No representation or assurance is made that any investor will achieve profits or losses similar to those presented.

Performance information should be considered together with the Fund’s official offering documents, which contain important information regarding the Fund’s investment objectives, strategies, fees and expenses, conflicts of interest, and risk factors. Prospective investors should conduct their own independent review and consult their legal, tax, and financial advisers before making any investment decision.