GrizzlyRock 2017 Third Quarter Investor Letter

Fellow Partners,

GrizzlyRock Institutional Value Partners, LP and GrizzlyRock Value Partners, LP (together “GrizzlyRock” or the “Fund”) increased 8.84% net of expenses during the third quarter of 2017 and has returned 1.15% year to date through 9/30/17. Since inception in January 2012, the Fund has compounded at 10.2% net of expenses per year. (1) Since inception,...