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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 48 11.63%
of those in investment advisory functions 30
Registration SEC, Approved, 7/15/2019
AUM* 3,827,895,397 9.15%
of that, discretionary 3,827,895,397 9.15%
Private Fund GAV* 2,471,553,677 20.93%
Avg Account Size 318,991,283 9.15%
SMA’s No
Private Funds 12
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

Recent News

Reported AUM

Discretionary
Non-discretionary
4B 3B 3B 2B 2B 1B 501M
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count12 GAV$2,471,553,677

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Brochure Summary

Overview

BPCM, a Delaware limited partnership, provides investment advisory services to investment funds privately offered to qualified investors in the United States and elsewhere. BPCM commenced operations in August 2018 and is registered with the SEC as an investment adviser. BPCM’s clients are private investment funds (the “Funds,” and each, a “Fund”) to which BPCM or its affiliates provide investment advisory services. One or more affiliates of BPCM serve as the general partners of the Funds (each such entity in such capacity, a “General Partner,” and collectively, the “General Partners,” and together with BPCM and their affiliated entities, “Brighton Park”). Each General Partner is subject to the Advisers Act pursuant to BPCM’s registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partners, which operate as a single advisory business together with BPCM. The Funds are private equity funds and invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” Brighton Park’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. Although investments are made predominantly in non-public companies, investments in public companies are permitted in certain circumstances. From time to time, where such investments consist of portfolio companies, the senior principals or other personnel of Brighton Park generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Funds have invested. Brighton Park’s advisory services to the Funds are detailed in the applicable private placement memoranda or other offering documents (each, a “Memorandum”), investment management agreements, limited partnership or other operating agreements (each, a “Partnership Agreement” and, as applicable, together with any relevant Memorandum, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” In performing investment advisory services for the Funds, BPCM acts as the manager (the “Management Company”), to provide advisory personnel and services. The advisory services of the Management Company are described herein. Investors in the Funds participate in the overall investment program for the applicable Fund, but in certain circumstances can be excused from a particular investment due to
legal, regulatory or other agreed-upon circumstances pursuant to the relevant Governing Documents; such arrangements generally do not and will not create an adviser-client relationship between Brighton Park and any investor. The Funds or the General Partners generally enter into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under or altering or supplementing the terms (including economic or other terms) of the relevant Governing Documents with respect to such investors. Additionally, from time to time and as permitted by the relevant Governing Documents, Brighton Park provides (or agrees to provide) co-investment opportunities (including the opportunity to participate in co-invest vehicles) to certain investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, Brighton Park’s personnel and/or certain other persons associated with Brighton Park (e.g., a vehicle formed by Brighton Park’s principals to co-invest alongside a particular Fund’s transactions). Such co- investments typically involve investment and disposal of interests in the applicable portfolio company at the same time and on the same terms as the Fund making the investment. However, from time to time, for strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing Fund) purchases a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post-closing sell- down or transfer), which generally will have been funded through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment. Where appropriate, and in Brighton Park’s sole discretion, Brighton Park reserves the right to charge interest on the purchase to the co-investor or co-invest vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs. However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. As of December 31, 2023, Brighton Park managed approximately $3,827,895,397 in client assets on a discretionary basis. Brighton Park Capital Management, L.L.C., a Delaware limited liability company, acts as the general partner of BPCM. BPCM is controlled by Brighton Park Capital Management, L.L.C.