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Adviser Profile

As of Date 03/20/2024
Adviser Type - Large advisory firm
Number of Employees 19 26.67%
of those in investment advisory functions 15 50.00%
Registration SEC, Approved, 12/14/2018
AUM* 1,045,061,045 4.18%
of that, discretionary 1,036,389,670 6.62%
Private Fund GAV* 1,045,061,046 4.18%
Avg Account Size 209,012,209 4.18%
SMA’s No
Private Funds 5 2
Contact Info (31 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
972M 833M 694M 555M 417M 278M 139M
2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$1,045,061,046

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Brochure Summary

Overview

Sheridan was organized in Delaware as a limited partnership in 2018 and is located in Chicago, Illinois. Sheridan is indirectly owned by Jonathan Lewis and Sean Dempsey (the “Principals”) through their interest in Sheridan’s general partner. Sheridan currently provides investment advisory services to private pooled investment vehicles. On a discretionary basis, Sheridan manages Sheridan Capital Partners Fund II, LP and Sheridan Capital Partners Fund II-A, LP (together, “Fund II”) and Sheridan Capital Partners Fund III, LP and Sheridan Capital Partners Fund III-A, LP, (together, “Fund III”). Fund II and Fund III are collectively referred to herein as the “Funds” or “Clients”. Information about each Fund can be found in its respective offering documents, such as private placement memorandums, limited partnership agreements, and/or advisory agreements, as applicable (the “Offering Documents”). Investment
advice is provided directly to the Funds, subject to the discretion and control of the applicable Fund’s general partner (“General Partner” or “General Partners”), and not individually to the Funds’ limited partners (each, a “Limited Partner” and collectively, the “Limited Partners”). As of December 31, 2023, Sheridan Capital Partners no longer provides advisory services to Sheridan Legacy Fund I, L.P. (“Legacy Fund”). Sheridan is a lower middle-market (“LMM”) private equity firm focused exclusively on the healthcare industry. Sheridan seeks to make control-oriented investments in LMM healthcare businesses in the United States and Canada. The investments made by the Funds are referred to herein as “Portfolio Companies”. As of December 31, 2023, Sheridan’s regulatory assets under management were approximately $1,045,061,045, of which $8,671,375 is managed on a non-discretionary basis.