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Adviser Profile

As of Date 05/06/2024
Adviser Type - Large advisory firm
Number of Employees 17 -15.00%
of those in investment advisory functions 10 -23.08%
Registration SEC, Approved, 5/15/2018
Other registrations (1)
AUM* 734,999,900 -12.30%
of that, discretionary 734,999,900 -12.30%
Private Fund GAV* 735,212,859 -8.29%
Avg Account Size 66,818,173 -20.27%
SMA’s No
Private Funds 11 1
Contact Info 310 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
838M 718M 599M 479M 359M 239M 120M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count11 GAV$735,212,859

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Brochure Summary

Overview

Arrowroot is a Delaware limited liability company that was formed on September 27, 2013 and commenced operations in January 2014. Arrowroot is a global growth equity firm based in Marina Del Ray, CA with a secondary office in Miami, FL. The principal owner of Arrowroot is Matthew Safaii (the “Managing Partner”). Related persons of Arrowroot generally act as general partner of each Arrowroot Fund. Arrowroot primarily provides discretionary investment advice to private growth equity capital investment funds: Arrowroot Capital, L.P. (“Fund I”), Arrowroot Capital II, L.P. (“Fund II”), Arrowroot Capital III, L.P. (“Fund III”), Arrowroot Capital IV, L.P. (“Fund IV”) and Arrowroot Capital V, L.P. (“Fund V”, and together with Fund I, Fund II, Fund III and Fund IV, the “Arrowroot Funds”) with investment focuses on minority, majority and buyout investments in business to business software companies (the “Portfolio Companies”). Arrowroot also manages several special purpose vehicles (the “Arrowroot SPVs”, and together with the Arrowroot Funds, the “Advisory Clients”) that were formed to invest in a single Portfolio Company or to co-invest with, or invest parallel to, the Arrowroot Funds. Participation in the Arrowroot SPVs was offered to existing investors, Arrowroot employees, and key persons, as well as outside parties pursuant to the terms of the applicable limited partnership agreement. Typically, affiliates of Arrowroot serve as the general partners of each Advisory Client (each an “Advisory Affiliate”). Each of the Advisory Affiliates is a related person of Arrowroot. Arrowroot, together with the Advisory Affiliates, provides investment management and/or investment supervisory services. Typically, Arrowroot, or an Advisory Affiliate, manages each Advisory Client’s investments pursuant to the Advisory Client Agreement. Each Advisory Affiliate retains investment discretion and management authority over the business and affairs of the Advisory Client for which it serves as general partner. Arrowroot is a growth equity firm exclusively focused on structured equity investments in enterprise software companies. Arrowroot generally targets attractive risk-adjusted returns by seeking to provide transitional capital to what it views as healthy, growing SaaS companies with significant, recurring sales and customer validation that it believes are under-resourced and need capital for growth-related initiatives. Arrowroot typically leads or co-leads all of its investments and targets opportunities
sourced on a proprietary basis. The firm’s investment and operating professionals have strong backgrounds with SaaS investments, and Arrowroot seeks to add significant value to its Portfolio Companies through growth initiatives and operational improvements. While it is anticipated that Arrowroot will invest in these types of companies, it has broad and flexible investment authority. Each Advisory Client’s investment objective and strategy is set forth in the respective Advisory Client’s governing documents. All investors in the Advisory Clients (“Investors”) are provided with an Advisory Client Agreement and, in the case of certain Advisory Clients, a confidential private placement memorandum or other offering documents prior to making an investment. Investors are urged to carefully review those documents prior to making an investment in the Advisory Client. Arrowroot, or an Advisory Affiliate, tailors its investment advice to each Advisory Client in accordance with the Advisory Client’s investment objectives and strategy as set forth in the relevant Advisory Client Agreement and, if applicable, confidential private placement memorandum. Generally, Arrowroot does not tailor its advisory services to the individual needs of Investors. Investment decisions and advice are subject to the investment objectives and guidelines set forth in the relevant Advisory Client Agreement. The Arrowroot Funds and their respective general partners, without any further act, approval or vote of any Investor, has entered into side letters or other similar agreements with certain limited partners that have the effect of establishing rights (including economic terms) under, or altering or supplementing the terms of than those set forth in the respective Arrowroot Fund’s governing documents. Investors and prospective Investors in each Advisory Client should refer to the confidential private placement memorandum, limited partnership agreement and other governing documents for each Advisory Client (the “Governing Documents”) for more complete information on the investment objectives with respect to a particular Advisory Client. There is no assurance that any of the Advisory Clients’ investment objectives will be achieved. Arrowroot does not participate in any wrap fee programs. Arrowroot manages all assets on a discretionary basis in accordance with the terms and conditions of each Advisory Client’s Governing Documents. As of December 31, 2023, Arrowroot managed $737,661,925 of Advisory Client regulatory assets.