SCP is an investment adviser focused on managing private equity funds. SCP is the investment
adviser to Shore Capital Partners Fund I, L.P. (the “SCP Fund I”), Shore Capital Partners Fund I-
A, L.P. (the “SCP Fund I-A”), Shore Capital Partners Fund II, L.P. (the “SCP Fund II”), Shore
Capital Partners Fund II-A, L.P. (the “SCP Fund II-A”), Shore Capital Healthcare Partners Fund
III, L.P. (the “SCP HC Fund III”), Shore Capital Healthcare Partners Fund III-A, L.P. (the “SCP
HC Fund III-A”), Shore Capital Food & Beverage Partners Fund I, L.P. (the “SCP FB Fund I”),
Shore Capital Food & Beverage Partners Fund I-A, L.P. (the “SCP FB Fund I-A”), Shore Capital
Real Estate Partners Fund I, L.P. (the “SCP RE Fund I”), Shore Capital Healthcare Partners Fund
IV, L.P. (the “SCP HC Fund IV”), Shore Capital Healthcare Partners Fund IV-A, L.P. (the “SCP
HC Fund IV-A”), Shore Capital Healthcare Partners Fund V, L.P. (“SCP HC Fund V”), Shore
Capital Healthcare Partners Fund V-A, L.P. (“SCP HC Fund V-A”), Shore Capital Healthcare
Partners Fund V-B, L.P. (“SCP HC Fund V-B”), Shore Capital Business Services Fund I, L.P. (the
“SCP BS Fund I”), Shore Capital Business Services Fund I-A, L.P. (the “SCP BS Fund I-A”),
Shore Capital Food & Beverage Partners Fund II, L.P. (the “SCP FB Fund II”), Shore Capital Food
& Beverage Partners Fund II-A, L.P. (the “SCP FB Fund II-A, L.P.), Shore Capital Partners Fund
IV, L.P. (the “SCP Pre-Fund IV”), Shore Capital Industrial Partners Fund I, L.P. (“SCP IND Fund
I”), Shore Capital Industrial Partners Fund I-A, L.P. (“SCP IND Fund I-A”), and Shore Capital
Industrial Partners Fund I-B, L.P. (“SCP IND Fund I-B”) (each a “Fund” and collectively, the
“Funds”). SCP also advises SVP-B Holdings, LLC and SCP SVP Long Term Holdings, LLC, two
entities that invest in a single investment platform, SVP Holdings, LLC (“SVP”), as described
further herein. SCP also advises BV Long Term Holdings, LLC, an entity that invests in a single
investment platform, BrightView 2.0 Holdings, LLC (“BV”) as described further herein. Except
where otherwise noted herein, references to the “Funds” in this brochure also include such entities,
but not SVP or BV themselves. SCP affiliates serve as general partner to the Funds. Shore Capital
Partners GP I, L.P. (“SCP GP I”), serves as the general partner to the SCP Fund I and SCP Fund
I-A, Shore Capital Partners GP II, L.P. (“SCP GP II”) serves as the general partner to SCP Fund
II and SCP Fund II-A, Shore Capital Healthcare Partners GP III, L.P (“SCP HC GP III”) serves as
the general partner to SCP HC Fund III and SCP HC Fund III-A, Shore Capital Food & Beverage
Partners GP I, L.P (“SCP FB GP I”) serves as the general partner to SCP FB Fund I and SCP FB
Fund I-A, Shore Capital Real Estate Partners GP I, L.P (“SCP RE GP I”) serves as the general
partner to SCP RE Fund I, Shore Capital Healthcare Partners GP IV, L.P. (“SCP HC GP IV”)
serves as the general partner to SCP HC IV and SCP HC IV-A, Shore Capital Healthcare Partners
GP V, L.P. (“SCP HC GP V”) serves as the general partner to SCP HC V, SCP HC V-A, and SCP
HC V-B, Shore Capital Business Services Partners GP I, L.P. (“SCP BS GP I”) serves
as the
general partner to SCP BS Fund I and SCP BS Fund I-A, Shore Capital Food & Beverage Partners
GP II, L.P. (“SCP FB GP II”) serves as the general partner to SCP FB II and SCP FB II-A, Shore
Capital Partners GP IV, L.P. (“SCP GP IV”) serves as the general partner to SCP Pre-Fund IV,
Shore Capital Industrial Partners GP I, L.P. (“SCP IND GP I”) serves as the general partner to
SCP IND Fund I, SCP IND Fund I-A, and SCP IND Fund I-B, Shore Capital UGP I, LLC serves
as the general partner to SCP SVP Long Term Holdings, LLC and BV Long Term Holdings, LLC,
SCP SVP Long Term Holdings, LLC serves as the general partner to SVP-B Holdings, LLC, and
Shore Capital Real Estate Partners GP II, L.P. serves as the general partner of a Fund which has
not yet, as of the date of hereof, had a final closing (each a “General Partner” and collectively, the
“General Partners”). The primary purpose of the Funds is to seek to generate returns for their
respective partners, principally through long term capital appreciation, by making, holding and
disposing of primarily privately negotiated control equity and equity-related investments in the
lower middle market and middle market healthcare services, healthcare products/devices, payor
services, and distribution markets, companies in the food and beverage lower middle market and
middle market, companies in the business services lower middle market and middle market, real
estate properties in select markets, and industrial products and services.
The Company has full discretionary authority with respect to investment decisions, and its advice
with respect to the Funds is tailored according to the investment objectives, guidelines, and
requirements as set forth in each Fund’s respective offering memoranda and advisory agreement.
The Company may enter into agreements with one or more investors which have the effect of
altering or supplementing the terms of the offering to the specific investor. Any terms contained
in such agreements to or with an investor shall govern with respect to such investor
notwithstanding the provisions of the Fund’s governing documentation, but for the avoidance of
doubt, such arrangements generally do not and will not create an adviser-client relationship
between the Company and any investor. Among other things, terms generally include Fund
Advisory Board membership, additional notification provisions, UBTI restrictions, and most-
favored nation provisions. Under certain circumstances, these agreements could create preferences
or priorities for such investors compared to other limited partners.
SCP is a Delaware limited partnership that was formed and began operating in 2009. SCP is owned
by JRI Investment I, LLC, which is wholly owned by Justin Ishbia, Managing Partner. SCP
manages the Funds.
As of December 31, 2023, the Company managed approximately $3,982,939,857 of regulatory
assets under management on a discretionary basis for the Funds. The SVP and BV platforms to
which SCP provides business and operational consulting services have an aggregate value of
$2,950,853,648.