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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 20 -13.04%
of those in investment advisory functions 16 -5.88%
Registration SEC, Approved, 5/6/2016
AUM* 3,464,024,447 21.44%
of that, discretionary 2,110,755,207 21.80%
Private Fund GAV* 3,841,487,497 21.12%
Avg Account Size 433,003,056 21.44%
SMA’s No
Private Funds 8
Contact Info 918 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 990M 743M 495M 248M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count8 GAV$3,841,487,497

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Brochure Summary

Overview

Argonaut Private Capital, LP (“Argonaut” or the “Company”) is an investment advisory firm based in Tulsa, Oklahoma, that was founded in 2016 to manage private equity investments in the industrial and services sectors. Argonaut targets private equity investment opportunities in the historically underserved “Middle America” market region. The Company is wholly owned by Steven R. Mitchell. Prior to founding Argonaut, the investment team that makes up Argonaut operated since 2002 as a business unit that provided investment advisory services to various businesses, trusts, charitable foundations and similar vehicles on behalf of the George Kaiser family (the “Family Entities”). In connection with a business initiative to begin offering investment advisory services to third party investors, Argonaut was organized and registered with the SEC as an investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) in 2016. In addition to continuing to manage assets on behalf of the Family Entities, Argonaut sponsors several private equity funds (together with any future private equity funds sponsored by Argonaut and any alternative investment vehicles formed to accommodate certain investors in the funds, the “Funds”). As the investment adviser to each Fund, Argonaut invests the Fund’s assets pursuant to an investment advisory agreement that the Fund has entered into with the Company, and in accordance with the Fund’s limited partnership agreement and other governing documents, as the same may be amended from time to time (the “Fund Governing Documents”). Argonaut tailors its investment advisory
activities to comply with the investment objectives, guidelines and restrictions set forth in each Fund’s Governing Documents, but does not tailor its investment advisory activities on behalf of the Funds to the needs of any individual investors in the Funds. In accordance with common industry practice, a Fund or its general partner may from time to time enter into a “side letter” or similar agreement with an investor pursuant to which the Fund or its general partner grants the investor specific rights, benefits or privileges that are not generally made available to all investors. The terms of such “side letters” or similar agreements are generally not disclosed to other investors in the Fund, except to investors that have separately negotiated for the right to review such agreements. See “Item8–MethodsofAnalysis,InvestmentStrategiesandRiskof Loss” for additional details. As investment adviser to the Family Entities, Argonaut recommends investments in various private equity investment opportunities and, if approved, executes and manages such investment opportunities on behalf of the Family Entities. Argonaut tailors these investment advisory services to the individual circumstances of each of the Family Entities based on various factors, including, without limitation, investment objective, available capital, taxes and other considerations. As of December 31, 2023, Argonaut had approximately $3,464 million in regulatory assets under management, of which approximately $2,111 million were managed on a discretionary basis and approximately $1,353 million were managed on a non-discretionary basis.