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Adviser Profile

As of Date 03/26/2024
Adviser Type - Large advisory firm
Number of Employees 13
of those in investment advisory functions 9
Registration SEC, Approved, 7/27/2018
Other registrations (1)
AUM* 1,253,575,013 -7.43%
of that, discretionary 1,253,575,013 -7.43%
Private Fund GAV* 1,253,575,013 -5.00%
Avg Account Size 125,357,501 -7.43%
SMA’s No
Private Funds 10
Contact Info (64 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 1B 990M 792M 594M 396M 198M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count10 GAV$1,253,575,013

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Brochure Summary

Overview

A. This brochure describes the advisory business of Sagewind Capital LLC, a Delaware limited liability company (“Sagewind” or the “Firm”) founded on September 17, 2015 by Steven Lefkowitz. Sagewind commenced operations and began sourcing private equity investments in September 2015. Mr. Lefkowitz, through intermediate entities, controls and owns more than a substantial majority of Sagewind. Mr. Lefkowitz also serves as the President and Chief Executive Officer of the Firm. Sagewind merged with SML Capital Partners LLC in December 2016 and the entities are collectively known as Sagewind. B. Sagewind provides advisory services to private investment partnerships formed primarily for the purpose of making investments in a single portfolio company (“Single Investment Partnership”), and an investment partnership which makes investments solely in the Single Investment Partnerships (the “Aggregator Fund” and together with the Single Investment Partnerships, the “Funds”). Sagewind may also provide advisory services directly to institutions, individuals or other investors (“Individual Clients”). As a group, Sagewind’s Funds and Individual Clients will be referred to herein as “Clients.” Sagewind is filing a single Form ADV together with its relying advisers and general partners, AG InvestCo GP LLC, By Light InvestCo GP LLC, FedHC InvestCo GP LLC, GCOM InvestCo GP LLC, QuantiTech InvestCo GP LLC, SD InvestCo GP LLC and SWC GP LLC. Together with the general partners, Sagewind operates as a single advisory business. C. Sagewind seeks to make private equity investments in middle market companies across a broad spectrum of industries and verticals. Investments made by Sagewind are typically long-term private equity interests that are held directly or indirectly by its Clients. These investments may be completed through either Sagewind’s direct investment into a special purpose vehicle or a holding company. Sagewind’s services to Clients include engaging in the business of making, managing, supervising, and disposing of investments and engaging
in such other activities incidental or ancillary thereto, including sourcing investment opportunities and negotiating investments. The Firm primarily invests in privately held businesses on behalf of its Clients. However, Sagewind reserves the right to invest in publicly traded businesses subject to the limitations set forth in the governing documents of its Clients and their respective agreements with Sagewind. From time to time, the personnel of Sagewind or its affiliates may serve on the board of a company in which Sagewind invested in on behalf of its Clients (a “Portfolio Company”) or otherwise act to influence control over management of Portfolio Companies. The Firm’s advisory services to the Funds are further described in their respective governing documents and are also generally described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Sagewind, along with its affiliates, the Funds and Individual Clients, may enter into consulting arrangements, side letter arrangements or other similar agreements that have the effect of establishing rights under, or altering or supplementing, a Fund’s governing document with respect to such investors, including provisions relating to specific investments, as well as provisions relating to the Firm’s compensation. For more information regarding provisions that allow an investor’s investment to be altered or varied in certain circumstances, investors should refer to the relevant Fund’s governing documents, the Investment Management Agreement and / or consulting agreement entered into between Sagewind and any Individual Client. D. The Firm may provide both customized and non-customized advice to Clients. The exact nature of the Firm’s investment advice to Clients will be contained in each Client’s agreements with the Firm. E. The Firm does not participate in wrap fee programs. F. As of December 31, 2023, Sagewind managed $1,253,575,013 in Client assets, all managed on a discretionary basis. The Firm does not currently manage any non-discretionary assets.