Firm Description
For purposes of this brochure, “Quiet” or “Firm” means Quiet Capital Management, LLC and shall
include, where the context permits, the affiliated general partners of the Funds (as defined
below) and other affiliates that provide advisory services to, and/or receive advisory fees from,
the Funds. Quiet is a limited liability company formed in the State of Delaware. Quiet is a
privately-held investment firm investing across multiple asset classes and opportunities. Quiet
carefully deploys capital in venture, growth, private equity, and credit investments. The Firm has
been in business since 2014 and the Firm’s controlling partners are Benjamin Mahdavi, Lee
Linden, and Matthew Humphrey (the “Principals”).
Quiet provides investment advisory services to private pooled investment vehicles (the “Funds”)
that are exempt from registration under the Advisers Act and whose securities are not registered
under the Securities Act of 1933, as amended (the “Securities Act”). The Funds offer interests to
certain qualified investors and make investments in multiple private companies. In addition,
Quiet provides investment advisory services to certain private funds which generally are formed
for the purpose of making one investment per series or limited partnership (the “SPVs” and,
together with the “Funds”, the “Private Funds”).
The Private Funds make primarily long-term private equity-related investments. In accordance
with the Private Funds’ respective investment objectives, investments are generally made in
companies doing business in technology enabled business models across a diverse range of end
markets. The Private Funds invest primarily in private companies from pre-seed to growth equity
rounds. Quiet’s advisory services consist of investigating, identifying, and evaluating investment
opportunities, structuring, negotiating, and making investments on behalf of the Private Funds,
managing and monitoring the performance of such investments, and disposing of such
investments. Such services are provided on a discretionary or non-discretionary basis, depending
on the Private Fund.
Quiet provides
investment advisory services to Private Funds in accordance with the limited
partnership agreement (or analogous organizational document) of such Private Fund or separate
investment advisory or investment management or portfolio management agreements (each, an
“Advisory Agreement”).
Investment advice is provided directly to the Private Funds, subject to the discretion and control
of the applicable general partner, and not individually to the investors in the Private Funds.
Certain investors in a Private Fund (the “investors” or “limited partners”) have opt-out rights with
respect to certain investments.
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For a complete list and additional information about the Private Funds, refer to our Form ADV
Part 1A, Schedule D, Section 7.B.(1) (Private Fund Reporting) available at:
www.adviserinfo.sec.gov
Principal Owners
The principal owners of Quiet are Benjamin Mahdavi, Lee Linden, and Matthew Humphrey.
Tailored Relationships
Quiet manages each investment in accordance with the objectives outlined in the respective
Offering Documents. The investment advisory services are not tailored to the needs of each
limited partner.
Quiet is permitted to enter into other agreements with the limited partners which have the effect
of establishing additional rights or altering or supplementing the terms of the investment
documents (referred to as “side letters”). It is Quiet’s policy to treat each limited partner fairly,
therefore the terms of these side letters are negotiable given each limited partner’s circumstance
and the nature of the investment.
In the sole discretion of Quiet, limited partners in a Fund, service providers, venture partners,
other sponsors, consultants, market participants, finders and/or other persons associated with
Quiet and its affiliates may be offered the opportunity to co-invest in one or more underlying
portfolio investments of the Funds managed by Quiet.
Assets Under Management
As of December 31, 2023, Quiet managed approximately $1,680,970,802 in discretionary assets.