9AT: WAVE EQUITY PARTNERS

other names

WAVE EQUITY PARTNERS
WAVE EQUITY PARTNERS LLC

Adviser Profile

As of Date	05/21/2025
Registration	SEC, Approved, 04/24/2020
Other registrations (1)	SEC, ERA - Withdrawn, 03/27/2020
Former registrations	WAVE EQUITY PARTNERS LLC
ADV Location	BOSTON, MA, United States
Contact Info	617 xxxxxxx
Websites

AUM^*	516,764,981 8%
of that, discretionary	516,764,981 8%
Private Fund GAV^*	956,764,981 177%
Avg Account Size	30,397,940 1%
SMA’s	No
Private Funds	22 6

Adviser Type

- Large advisory firm

Number of Employees 10

of those in investment advisory functions 4

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

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count14	GAV$380,640,107
Fund TypeVenture Capital Fund	Count8	GAV$576,124,874

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser TRP CAPITAL ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund118.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV118.7m	AUM94.2m	#Funds12
Adviser SHOREHILL CAPITAL LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund480.0m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV480.0m	AUM480.0m	#Funds2
Adviser HEALTHEDGE INVESTMENT PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund678.8m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV678.8m	AUM328.8m	#Funds7
Adviser ZARVONA ENERGY LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund410.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV410.3m	AUM410.3m	#Funds5
Adviser TILIA HOLDINGS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund292.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV292.3m	AUM292.3m	#Funds3
Adviser TRGP INVESTMENT PARTNERS, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund468.2m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV468.2m	AUM471.3m	#Funds11
Adviser EDGEWATER CAPITAL PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund480.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV480.4m	AUM480.4m	#Funds4
Adviser BASIN OIL AND GAS MANAGEMENT, LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund482.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV482.4m	AUM482.4m	#Funds5
Adviser PERMANENT EQUITY MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund464.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV464.9m	AUM464.9m	#Funds3
Adviser PARALLAXES CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund198.6m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV198.6m	AUM499.5m	#Funds16

Brochure Summary

Overview

ADVISORY BUSINESS WAVE Equity Partners LLC, a Delaware limited liability company, was organized in 2008 and is headquartered in Boston, MA. Mark Robinson, Praveen Sahay, and U. Haskell Crocker are the principal owners of WAVE (each a “Principal”). WAVE provides discretionary investment advisory services to fifteen pooled investment vehicles: WAVE Equity Fund LP, WAVE Equity Fund-A, LP, WAVE Equity SC SPV LLC, WAVE Warehouse Fund LP, WAVE Equity Fund II (NQP) LP, WAVE AAC Co- Invest II LLC, WAVE AAC-LIO Co-Invest III LLC, WAVE AAC Co-Invest I LLC, WAVE Chasm Co-Invest I LLC, WAVE Chasm Co-Invest II LLC, WAVE Factorial Energy LLC, WAVE Equity Fund III LP, WAVE Equity Warehouse LLC, WAVE Equity Warehouse II LP, as well as WAVE Equity Fund II LP master fund and Magnetica S.A. SICAV-RAIF WAVE Fund II EU Master Feeder Fund (collectively the “Private Funds”). WAVE advises the Private Funds on matters related to the acquisition, disposition, and management of interests in the Portfolio Companies managed by WAVE and its affiliates. WAVE manages the assets of these Private Funds on a discretionary basis. Each Private Fund is operated by an affiliate of WAVE which serves as general partner (each, a “General Partner” and, collectively, the “General Partners”). These businesses

and the entities that hold them are referred to as the “Portfolio Companies.” The General Partners have ultimate responsibility for decisions relating to management and operations made on behalf of the Private Funds and have ultimate responsibility for the investment decisions made by the Private Funds but have delegated certain responsibilities to WAVE. WAVE provides discretionary investment management services to the Private Funds pursuant to investment guidelines set forth in the relevant governing and offering documents of the Private Funds, including any limited partnership agreement, investment management agreement, private placement memorandum and/or subscription agreement, as the case may be (each an “Offering Document”, and collectively, the “Offering Documents”). WAVE does not tailor its advisory services to the individual underlying investors (each an "Investor" and collectively the “Investors”), or provide Investors with the right to specify, or restrict the Private Funds’ investment objectives or any investment or trading decisions. WAVE does not participate in wrap fee programs. As of December 31, 2023, WAVE provides discretionary investment advisory services to fifteen Private Funds with a total of $480,502,232 in assets under management.

WAVE EQUITY PARTNERS

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