Louis Chang

Gavilan Investment Partners LLC (Gavilan) is an independent, SEC-registered investment advisor and hedge fund manager headquartered in Burlingame, California. The firm was founded by Louis Chang in 2020. Gavilan provides investment advice to investment funds and separately managed accounts.

Founded in 2002, Criterion Capital Management LLC is a registered investment advisor and hedge fund manager located in San Francisco, California. The firm serves as the investment advisor, with discretionary trading authority, to private pooled investment vehicles, the securities of which are offered to investors on a private placement basis.

Citizens JMP Securities LLC (Citizens JMP) is a full-service investment bank and broker/dealer headquartered in San Francisco, California. The firm was founded by Joseph Jolson in 2002 and was formerly JMP Securities LLC. The firm is a subsidiary of JMP Holding LLC, ultimately held by Citizens Financial Group, Inc. (NYSE: CFG). Citizens JMP provides equity research, institutional brokerage, and investment banking services to public and private growth companies and their investors. They are a research-driven, growth-oriented firm that provides services to small- and mid-sized companies and the institutions that invest in them. The firm specializes in four high-growth sectors of the economy: technology, healthcare, financial services, and real estate.