9AT: SOUTHFIELD CAPITAL LP

other names

SOUTHFIELD CAPITAL LP
SOUTHFIELD CAPITAL II GP LLC (RELYING ADVISER)
SOUTHFIELD MEZZANINE GP, LLC (RELYING ADVISER)
SOUTHFIELD MEZZANINE ASSOCIATES, LLC (RELATED ADVISER)
SOUTHFIELD GP EQUITY INVESTORS, LLC (RELYING ADVISER)
SOUTHFIELD CAPITAL, LLC

Adviser Profile

As of Date	03/31/2025
ADV Location	GREENWICH, CT, United States
Adviser Type - Large advisory firm
Number of Employees	26 8%
of those in investment advisory functions	23 21%
Registration	SEC, Approved, 07/20/2018
Other registrations (2)	SEC, ERA - Withdrawn, 06/20/2018 Connecticut, ERA - Withdrawn, 06/20/2018

AUM^*	1,913,228,699 39%
of that, discretionary	1,913,228,699 39%
Private Fund GAV^*	2,768,228,399 84%
Avg Account Size	318,871,450 270%
SMA’s	No
Private Funds	29 13
Contact Info	203 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

Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count26	GAV$2,522,970,099
Fund TypeOther Private Fund	Count3	GAV$245,258,300

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser PEPPERTREE CAPITAL MANAGEMENT INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund7.5b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund20.4m	Total Private Fund GAV7.5b	AUM7.6b	#Funds24
Adviser SHAMROCK CAPITAL ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund7.0b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund413.0m	Total Private Fund GAV7.4b	AUM6.6b	#Funds36
Adviser TRIVE CAPITAL MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund5.6b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund35.6m	Total Private Fund GAV5.6b	AUM8.6b	#Funds19
Adviser 3I INVESTMENTS PLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund10.7b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund5.0b	Total Private Fund GAV15.7b	AUM-	#Funds20
Adviser EVERSIDE CAPITAL PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.9b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund44.0m	Total Private Fund GAV1.9b	AUM1.9b	#Funds23
Adviser BROOKSIDE EQUITY PARTNERS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.3b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund6.4m	Total Private Fund GAV1.3b	AUM1.3b	#Funds21
Adviser HARBOURVEST PARTNERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund163.6b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund6.6b	Total Private Fund GAV170.2b	AUM173.1b	#Funds468
Adviser SANDLOT PARTNERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund599.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund32.2m	Total Private Fund GAV631.9m	AUM626.2m	#Funds50
Adviser CARLYLE GLOBAL CREDIT INVESTMENT MANAGEMENT L.L.C.	Hedge Fund-	Liquidity Fund-	Private Equity Fund24.2b	Real Estate Fund425.7m	Securitized Asset Fund-	Venture Capital Fund-	Other Fund798.7m	Total Private Fund GAV25.4b	AUM59.0b	#Funds188
Adviser GLADE BROOK CAPITAL PARTNERS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund2.1b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.1b	AUM2.1b	#Funds51

Brochure Summary

Overview

Southfield Capital LP has been in business since 2012 and is principally owned by Andrew Levison. Southfield Mezzanine Associates, LLC, a related adviser, was formed in 2010 and is also principally owned by Andrew Levison. Together, Southfield Capital LP and Southfield Mezzanine Associates, LLC (“Southfield”) are investment managers to various private investment offerings. Southfield is a private investment firm that pursues equity investments and subordinated debt investments in U.S. based companies. Southfield seeks to acquire lower middle market companies and then scale them through a combination of organic and acquisition growth strategies through its private equity business and to provide debt financing and minority equity to similar businesses through its private debt business. As of the date of this brochure, Southfield is the investment advisor of private funds offered to qualified investors including, Southfield Capital II LP, Southfield Capital III LP, Southfield Freeze LP, Southfield Mezzanine Capital LP, Southfield Mezzanine Capital II LP, and Southfield Protos Annex Fund LP (each a “Fund” and together with their applicable parallel vehicles and Co- Investment Vehicles, the “Funds”). Southfield Mezzanine Capital LP and Southfield Mezzanine Capital II LP are licensed as an SBIC by the US Small Business Administration. The Funds pursue debt and control equity investments in growth-oriented lower middle-market companies with EBITDA

typically between $3 million and $20 million in the North American private company universe. Southfield’s mezzanine debt team aims to provide leverage enhanced returns to its investors by utilizing low-cost debt through the US Small Business Administration’s Small Business Investment Company program. The debt team uses this low-cost capital to provide financing for US based businesses across a broad base of industries. Investors and potential investors in the Funds should consult the Funds’ offering documents, including the Limited Partnership Agreements and Private Placement Memorandums, for a complete discussion of the Funds and the risk factors associated with each Fund. Southfield may also, from time to time (and when consistent with the Funds’ governing documents), establish, on a transaction-by-transaction basis, certain investment vehicles through which certain persons may invest alongside one or more Main Funds in a particular investment opportunity (each such vehicle, a “Co-Investment Vehicle”). Co-Investment Vehicles are typically, but not always, limited to investing in securities relating to the transaction with respect to which they were organized. As of December 31, 2023, Southfield has approximately $1.5 Billion in assets under management, all of which are managed on a discretionary basis. For additional discussion of the Funds, and their investment objectives and risks, please see response to Item 8.

SOUTHFIELD CAPITAL LP

Adviser Profile

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Brochure Summary

Overview