Overview
Everside Capital Partners, LLC (the “Adviser”) together with its relying adviser, Everside Capital
Partners Collateral Advisor, LLC (“Everside Collateral” and together with the Adviser,
collectively, “Everside”) is an investment advisory firm with its principal place of business in New
York, New York. Everside was founded in 2016 by Moritz Poehl and Nate Kirk (each a “Managing
Member”). The Managing Members are the principal owners of the Adviser.
Everside provides discretionary and non-discretionary investment advisory services to its advisory
clients (collectively, “Clients”) which include pooled investment vehicles for which Everside
serves as the investment adviser (or in a similar capacity). Everside tailors its advisory services to
the specified investment mandates of its Clients, consistent with the Client’s governing documents,
which may include, among other things, a private placement memorandum, limited partnership
agreement, management or investment advisory agreement, and/or a subscription agreement
(individually and collectively, the “Governing Documents”). Everside does not tailor its
investment advice to individual investors in Clients. All investors orprospective investors of
Clients should closely review the applicable Governing Documents with respect to, among other
things, the terms, conditions and risks of investing.
Everside invests either directly or indirectly
in, among other things, lower middle market focused
debt and equity funds that are either licensed or in the process of becoming licensed as Small
Business Investment Companies (“SBICs”) by the United States Small Business Administration.
Everside (i) provides capital as an active limited partner of such managers directly (“Primary SBIC
Investments” or “Primaries”), (ii) through purchases of limited partnership interests in the
secondary market (“Secondary SBIC Investments” or “Secondaries”), and/or (iii) by making
investments in securities offered directly by, or loans to, privately held operating companies
(“Direct Co-investments” or “Directs”). Everside can also invest in other investment products.
Depending on the Client, investments generally include a mix of Primaries, Secondaries, and
Directs (generally the “Flagship Fund Clients”) or certain Clients invest generally in Directs only
(generally the “Direct Fund Clients”). Everside has applied for and received a license with the
Small Business Administration (the “SBA”) to license one or more Direct Fund Clients as a Small
Business Investment Company (an “SBIC”).
As of December 31, 2023, Everside managed approximately $1,878,344,000 in regulatory assets
under management with $1,778,114,000 managed on a discretionary basis and $100,230,000
managed on a non-discretionary basis.
Everside does not participate in wrap fee programs.