A family-office partnership. Closed 2026.
A private partnership run under Growth Preservation for a small, closed group of partners. It closed in 2026.
A family-office partnership is built the other way round from a public fund. A fund publishes a strategy and then finds investors who want it. A partnership like this one started with the partners — their circumstances, their time horizon, their tax position, what they already owned and could not easily sell — and the mandate was written to fit.
That meant the questions shaping the portfolio were often not the ones a fund prospectus asks. What is already owned and cannot be sold without a tax event. What has to stay liquid, and by when. What the partners would find genuinely difficult to sit through, as opposed to what a risk questionnaire says they can tolerate.
The practical consequences were that the partnership stayed small, closed, and unmarketed. It had no public track record, no minimum designed to attract subscriptions, and no intention of growing for its own sake.
G&P Fund LLC closed in 2026. It is not open, it is not being offered, and this page is not an offer of any kind. It is kept here as a record of prior work.
No performance information for the partnership is presented on this site. Past performance would not, in any case, indicate future results.
Ward McKinley’s current work is Copernicus Hedge Fund LP — a separate business, managed by Copernicus Investment Manager LLC rather than by Growth Preservation.