A Praxeogenic Private Investment Partnership Affiliated with Gillory & Associates

Prometheus Macro Capital (“PMC”) is the flagship internal investment partnership architected and managed by Gillory & Associates. PMC operates as a private, closed-door investment vehicle and is not offered to the general investing public.

PMC is structured as an internal investment fund, serving as the firm’s principal platform for applied macroeconomic analysis and live-market capital allocation. It is maintained exclusively within the Gillory & Associates ecosystem and exists to align economic research, market intelligence, and capital deployment under a unified analytical framework.

PMC is not a public fund, does not solicit capital broadly, and is accessible only through private arrangements that comply with applicable securities laws.

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Purpose and Position Within Gillory & Associates

Gillory & Associates is an economics-first merchant bank focused on economic diagnostics, institutional analysis, and capital structure. Within this framework, PMC functions as the firm’s internal investment partnership, providing a controlled environment in which economic research and analytical frameworks are applied to real-world market conditions.

PMC allows Gillory & Associates to:

• Apply internally developed economic research in live market environments

• Test and refine macroeconomic and market-structure analysis through capital allocation

• Maintain a direct, continuous presence in global financial markets

• Deepen institutional understanding of liquidity, volatility, and pricing dynamics

PMC is not designed as a standalone investment product. Rather, it is a strategic internal asset that supports the firm’s broader economic mandate by linking theory, research, and observation with disciplined execution.

Investment Orientation

PMC operates as a multi-strategy macro platform within a single partnership structure. While specific positions, allocations, and instruments are confidential, the partnership’s activity is organized around several core analytical domains.

Global Macroeconomic Structure and Capital Flows

PMC focuses on the evolving structure of global economies, monetary regimes, credit systems, and policy environments. Analysis emphasizes how institutional constraints, balance-sheet dynamics, and policy transmission mechanisms influence the long-term movement of capital across regions and asset classes.

The objective is not short-term forecasting, but understanding where capital pressures accumulate over time and how those pressures resolve through markets.

Market Structure, Liquidity, and Volatility

PMC places significant emphasis on market microstructure, liquidity conditions, and the mechanisms through which institutional positioning and risk transfer affect price formation.

Research areas include:

• Liquidity regimes and stress transmission

• Volatility dynamics and asymmetric payoff structures

• The interaction between derivatives markets and underlying assets

• Structural shifts in market participation and intermediation

This work is grounded in the view that prices reflect not only information, but also constraints, incentives, and institutional behavior embedded within market structures.

Risk, Optionality, and Capital Preservation

PMC’s approach to risk management prioritizes capital preservation and structural resilience. Portfolios and positions are designed with attention to adverse states of the world, regime changes, and non-linear outcomes.

Rather than relying primarily on point forecasts, the partnership emphasizes:

• Robustness across multiple economic scenarios

• Preservation of flexibility and future opportunity

• Alignment between exposure, liquidity, and time horizon

Risk is treated as a structural and institutional phenomenon, not solely a statistical one.

Research Integration

PMC’s investment activity is informed by economic research conducted within the Gillory & Associates ecosystem and affiliated research institutions. This research-to-application process allows insights developed in analytical and academic settings to be evaluated under real market conditions, providing feedback that enhances both research quality and applied judgment.

PMC does not operate independently of the firm’s research and analytical culture; it exists as a practical extension of it.

Access and Eligibility

Prometheus Macro Capital is a private investment partnership and is not available to the general public.

Any interests in PMC, if offered, are made only:

• In compliance with applicable securities laws

• To investors who satisfy relevant regulatory requirements, including accreditation and sophistication standards

• Through formal, confidential offering documents that fully describe the terms, risks, and conditions of participation

This website does not provide, and is not intended to provide, offering materials or investment terms.