Overview
Anthos Management, L.P. (“Anthos” or the “Firm”), a Delaware limited partnership, was formed
in July 2007 as Anthos Management, LLC and reorganized via a conversion as Anthos
Management, L.P. in 2018. The Firm filed to become a registered investment adviser with the
United States Securities and Exchange Commission (“SEC”) in February 2020. As indicated on
the Firm’s Form ADV Part 1A, Jeffrey (Paul) Farr and Bryan Kelly are the Firm’s principal
owners. Anthos Management, GP LLC, a Delaware limited liability company, serves as the Firm’s
general partner.
The Firm is an investment management firm that provides advisory services on a discretionary
basis to a number of privately offered pooled investment vehicles (collectively, the “Funds” and
each a “Fund”). The Firm also manages several special purpose vehicles (collectively the “SPVs”
and each an “SPV” and together with the Funds, “Advisory Clients” and each an “Advisory
Client”) each of which was formed to invest in a single portfolio company. In the future, Anthos
may form additional funds, including feeder and parallel funds, co-investment vehicles and special
purpose vehicles.
Typically, affiliates of the Firm serve as the general partners or managing members of each
Advisory Client (each an “Affiliated General Partner” and, collectively, the “Affiliated General
Partners”). Each of the Affiliated General Partners is a related person of Anthos and is under
common control with Anthos. While each Affiliated General Partner retains management authority
over the business and affairs, including investment decisions, of its respective Advisory Client,
Anthos has been delegated the role of investment adviser.
Anthos typically makes investments in privately held growth companies. Please see Item 8.A. for
additional information regarding the Firm’s investment strategy.
An Affiliated General Partner may, in its sole and absolute discretion, offer opportunities to co-
invest with an Advisory Client to one or more, or none of the, Advisory
Clients’ investors
(“Investors” and each and “Investor”) (without making such opportunities available to all
Investors) if the Affiliated General Partner determines in good faith that the size of the investment
opportunity exceeds the amount that the Advisory Client and all other investment funds managed
or advised by the Firm or an affiliate desire to invest. An Affiliated General Partner also may offer
opportunities to co-invest with an Advisory Client Investor or Investors that are not associated
with the Advisory Client, but who are, or may not be, Investors in other Advisory Clients or
investment funds managed or advised by the Firm or an affiliate. An Affiliated General Partner
will not have any fiduciary duties to Investors in determining how to allocate co-investment
opportunities. Investors should not invest in the Advisory Client with any expectation of receiving
co-investment opportunities.
An Affiliated General Partner may consider numerous factors in allocating any particular co-
investment opportunity. Co-investment opportunities may be made available through limited
partnerships or other special purpose vehicles formed to make such investments and the Affiliated
General Partner, or affiliate thereof may receive fees, carried interest or other compensation in
connection with such co-investments.
Anthos does not limit its investment advice to only certain types of investments.
Anthos’ investment management and advisory services to Advisory Clients are provided pursuant
to the terms of the applicable governing documents and offering documents (collectively,
“Governing Documents”) and Investors cannot obtain services tailored to their individual specific
needs.
Anthos does not participate in a wrap fee program.
As of December 31, 2023, Anthos manages approximately $2,827,529,709 in regulatory assets
under management on a discretionary basis. Anthos does not intend to manage any Advisory Client
assets on a non-discretionary basis.