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Adviser Profile

As of Date 03/22/2024
Adviser Type - Large advisory firm
Number of Employees 4
of those in investment advisory functions 4
Registration SEC, Approved, 07/23/2020
AUM* 244,399,979 21.13%
of that, discretionary 244,399,979 21.13%
Private Fund GAV* 244,399,979 21.13%
Avg Account Size 244,399,979 21.13%
SMA’s No
Private Funds 1
Contact Info 312 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
291M 250M 208M 166M 125M 83M 42M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$244,399,979

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Brochure Summary

Overview

This brochure contains information regarding how the Firm currently conducts its business, but also provides information regarding certain activities in which the Firm is authorized to engage or conduct in which the Firm may engage in the future. Accordingly, certain activities are identified as those in which the Firm “may” engage. To the extent the Adviser later engages in such conduct, this brochure will be updated as required, either annually or promptly, to indicate that the Adviser does in fact engage in such activities. The Firm, a Delaware limited liability company, was formed in November 2019. As indicated on the Firm’s Form ADV Part 1A, Nicholas Christopher and Ryan Anthony are the Firm’s principal owners. The Firm became a registered investment adviser with the United States Securities and Exchange Commission (“SEC”) in July 2020. The Firm is an investment management firm that provides advisory services on a discretionary basis to privately offered pooled investment vehicles. Currently, the Firm advises Longshore Capital Fund I, L.P. (“Fund I”), a Delaware limited partnership. To facilitate investment by certain investors, the Firm may in the future create one or more feeder funds, parallel funds, or alternative vehicles (any such vehicle, a “Fund,” and together with Fund I and any other pooled investment vehicles advised in the future, the “Advisory Clients”). The Firm is affiliated with Longshore Capital GP, LLC (“Longshore GP”), a Delaware limited liability company. Messrs. Christopher and Anthony are its principal owners. Longshore GP serves as the general partner of Fund I. Longshore GP is a relying adviser and, along with the Firm, is part of a single advisory business controlled by Messrs. Christopher and Anthony. Longshore makes private equity investments (“Portfolio Investments”)
in services companies primarily based in North America. Longshore generally expects Portfolio Investments for Fund I to be in the range of $20 to $40 million for any given portfolio company, although Portfolio Investments may also be outside this range. Longshore may, in its sole discretion, provide co-investment opportunities to some (but not necessarily all) Advisory Client investors and/or third parties. In circumstances where an entire investment could be made by an Advisory Client, Longshore may still allocate a portion of such investment to one or more co-investment vehicles or other co-investors in accordance with the applicable offering documents. The allocation of any co-investment opportunities may or may not be in proportion to the commitments (if any) of the co-investors to the applicable Advisory Client and may involve different terms, fee structures and economics than the applicable Advisory Client. As such, an Advisory Client may receive a smaller allocation in a particular investment than it otherwise might have received if Longshore had not provided the co-investment opportunity to Advisory Client investors and/or third parties. With respect to Fund I, Longshore intends to give priority co-investment rights to certain investors. 5 Longshore Capital Management, LLC Longshore does not limit its investment advice to only certain types of investments. Longshore’s investment management and advisory services to Advisory Clients are provided pursuant to the terms of certain disclosures, offering documents and/or advisory agreements. Advisory Client investors cannot obtain services tailored to their individual specific needs. Longshore does not participate in a wrap fee program. As of December 31, 2023, Longshore managed approximately $244,399,979 in assets under management on a discretionary basis.