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Adviser Profile

As of Date 03/25/2024
Adviser Type - Large advisory firm
Number of Employees 10
of those in investment advisory functions 9 12.50%
Registration SEC, Approved, 10/20/2016
Other registrations (2)
AUM* 654,424,312 -26.71%
of that, discretionary 654,424,312 -26.71%
Private Fund GAV* 654,424,312 -26.71%
Avg Account Size 218,141,437 -26.71%
SMA’s No
Private Funds 3
Contact Info 857 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
893M 765M 638M 510M 383M 255M 128M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count3 GAV$654,424,312

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Brochure Summary

Overview

Union Park Capital Management, L.P. (“Union Park”) is an SEC-registered investment adviser with its principal place of business in Boston, Massachusetts. We have been in business since 2013. The firm’s registration with the SEC does not imply any particular level of skill or training by our firm or employees or that the SEC has endorsed our respective qualifications to provide investment advisory services. Morgan Jones and Peter McGuire are Union Park’s principal owners and are also limited partners. Union Park provides investment management services to Private Equity Funds and certain parallel co-investors (hereinafter collectively, "the Funds"). Unlike other types of private funds, such as hedge funds, private equity funds receive unfunded capital commitments from investors during one or more initial fundraising stages, after which the funds are generally closed to new investors. The fund manager will then call on investors to make capital infusions (each a “drawdown”), based on their commitments, to support the fund’s investments once those investments have been identified and fully vetted through an extensive due diligence and negotiation process. Investments made for the Funds are generally, but not exclusively, in private, illiquid securities. Union Park is focused solely on lower middle-market Industrial Technology companies. We partner with management teams to cultivate businesses through a combination of organic growth and careful strategic add-on acquisitions. Union Park will typically pursue equity investments of between $10 million and $50 million, generally focusing on platform businesses with $10 million to $75 million in revenue. We will also invest larger amounts on occasion with support from our partners. Add-on acquisitions for our platform companies will typically range from $1 million to $50 million of revenue. We will consider companies that are profitable and those that have been historically profitable but have temporarily encountered headwinds and are underperforming in some manner. Our specialization enables us to play a decisive role in portfolio company management and operations
while maintaining perspective on valuations, financing parameters and exit/liquidation potential. For each Fund, Union Park performs in-depth due diligence regarding investments, structures and prices of prospective portfolio companies and add-on acquisitions to portfolio companies, works closely with portfolio companies to provide strategic, operating, marketing and financial advice and identifies multiple exit options prior to an initial investment. Union Park leverages its extensive industry knowledge and contacts to identify investment opportunities for the Funds. The investment objective of the Funds is to seek long-term capital appreciation over the course of each Fund’s term, generally ten years from the final closing, subject to limited extensions at the discretion of the General Partner and/or requisite investor approval to permit the orderly liquidation of a Fund. Union Park mostly sources investment opportunities directly, but may also utilize affiliated and unaffiliated third parties, including traditional investment banks, brokers, and placement agents. The Funds are not required to register under the Securities Act of 1933 or the Investment Company Act of 1940 in reliance upon certain exemptions available to issuers whose securities are not publicly offered. We manage the Funds on a discretionary basis in accordance with the terms and conditions of each Fund's offering and organizational documents. ASSETS: As of December 31, 2023, Union Park had approximately $654 million in discretionary regulatory assets under management. Union Park does not manage any assets on a non-discretionary basis. IMPORTANT ADDITIONAL CONSIDERATIONS: The information provided herein merely summarizes the detailed information provided in each Fund’s offering and organizational documents. Current Fund investors and prospective investors in any new Fund launched by Union Park should be aware of the substantial risks associated with investment as well as the terms applicable to such investment. This and other detailed information is provided in the appropriate Fund offering and organizational documents.