Overview
Snapdragon Capital Partners LLC (“Snapdragon”) was established in 2018. Snapdragon is owned
by Mark Grabowski.
Snapdragon serves as investment adviser to privately offered pooled investment vehicles formed
as limited partnerships (where Snapdragon or an affiliate is a general partner). Snapdragon
focuses on generating returns by investing in growth equity focused on health and wellness brands,
consumer services and health services.
Snapdragon’s pooled investment vehicles are available only to persons who are “accredited
investors” under the Securities Act of 1933, as amended (the “1933 Act”), “qualified clients” under
the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and “qualified purchasers”
under the Investment Company Act of 1940, as amended (the “1940 Act”). These pooled
investment vehicles are not made available to the general public and are not registered investment
companies. The pooled investment vehicles are managed by Snapdragon in its sole discretion.
Snapdragon’s pooled investment vehicles are single-strategy funds engaged in making investments
in private equity in middle-market companies. These funds are designed to provide capital to
enable portfolio companies to fund strategic opportunities for internal or external growth and
thereby build value for fund holdings.
Our funds are comprised of the following:
• H&W Investco LP
• H&W Investco II LP
• Nutraceutical Investco LP
• SCP Fund III LP
• Snapdragon Spartan Investco LP
• Maze Fitness Investco
LP
Investment in the funds is permitted only at scheduled fund closings. As portfolio holdings are
sold in a fund, the proceeds realized (as well as interest and cash dividends received) are generally
distributed to investors. Investors in these funds normally may not otherwise reduce or
withdraw their investments until the fund’s maturity without the consent of the fund’s general
partner. Such consent, if given, may require that the withdrawing investor be penalized for such
early withdrawal.
In making discretionary investment decisions for a fund, Snapdragon does not consider the
investors’ broader investment objectives, risk tolerance or overall financial condition, tax or
liquidity needs. Snapdragon considers only the objectives and limitations set forth in such fund’s
limited partnership agreement and private placement memorandum.
All discussions of the Funds in this brochure, including but not limited to their investments, the
strategies used in managing the Funds, the fees and other costs associated with an investment in the
Funds, and conflicts of interest faced by the Firm in connection with management of the Funds, are
qualified in their entirety by reference to each Fund’s respective offering memorandum and
advisory agreement.
Assets under Management
As of December 31, 2023, Snapdragon manages approximately $614,799,598 in client assets on
a discretionary basis. Snapdragon does not currently manage any assets on a non-discretionary
basis.