Third Lake Partners Alternative Yield Strategy Fund is offering Class F shares with a $10,000,000 minimum purchase and a strategy centered on equity-linked structured notes. Investors receive a yield-seeking, capital-preservation mandate, while Liquidity is limited to quarterly repurchase offers priced at daily net asset value.

Key Highlights

  • Quarterly repurchase offers will be made at the Fund’s daily net asset value.
  • The Fund was created through a September 4, 2026 tax-free reorganization involving Third Lake PM Alternative Yield Strategy Fund I, LP.
  • Portfolio construction will focus primarily on income-oriented equity-linked structured notes from multiple investment-grade issuers.

Third Lake Partners Alternative Yield Strategy Fund is offering Class F shares with a minimum purchase of $10,000,000.

The Fund’s shares are offered on a continuous basis under U.S. securities laws, while the offering is not intended for public distribution outside the United States. The Fund expects to invest mainly in structured notes that combine Debt securities with exposure to underlying assets, rather than direct ownership of those assets. The adviser will assess factors including predicted and actual volatility, correlations, prevailing interest rates, income potential, downside protection, issuer and sector exposure, Credit quality and market outlook. A systematic construction process is intended to create a diversified, laddered portfolio, with discretionary tactical adjustments available through an active management overlay. Net offering proceeds are intended to be invested in line with the Fund’s objective and policies as soon as practicable, in less than three months after receipt.