Hedge Fund Guided Portfolio Solution

Hedge Fund Guided Portfolio Solution is a Delaware statutory trust organized on April 12, 2018, and registered with the U.S. Securities and Exchange Commission as a closed-end, non-diversified management investment company under the Investment Company Act of 1940. The Fund is structured as a fund of hedge funds, enabling qualified investors to access, through a single investment vehicle, a professionally curated and managed portfolio of private investment funds — commonly known as hedge funds — operated by a select group of alternative asset managers who are unaffiliated with the Fund's investment adviser. This fund-of-funds structure provides investors with multi-manager diversification across investment strategies, portfolio managers, and market approaches within a single registered fund structure.<br><br>The Fund pursues its investment objective principally through a multi-manager, multi-strategy program of investment in a group of private limited liability investment vehicles managed by alternative asset managers spanning diverse hedge fund strategies such as long-short equity, global macro, relative value, credit, event-driven, and quantitative approaches. The Fund's investment objective is to seek absolute returns — meaning positive performance regardless of broader equity or fixed income market direction — with low to moderate portfolio volatility and minimal correlation to global equity and fixed income markets, while simultaneously emphasizing capital preservation as a secondary objective.<br><br>Hedge Fund Guided Portfolio Solution files periodic reports with the Securities and Exchange Commission including annual reports on Form N-CEN and semi-annual reports on Form N-CSR, providing investors with transparency into portfolio allocations, manager performance, and distribution activities. The Fund is designed to serve qualified investors seeking institutional-quality alternative investment exposure through a registered fund structure that provides the regulatory oversight and disclosure requirements of the Investment Company Act. Access to diversified hedge fund portfolios has historically been available only to institutional investors, endowments, and ultra-high-net-worth individuals, and the Fund's structure aims to provide qualified individual investors with access to this asset class.