AIMPERA Capital Partners LLC (“AIMPERA Capital” together with the General Partners (as
defined below) and their affiliates, “AIMPERA”), a Delaware limited liability company based in San
Francisco, CA, is an alternative investment manager that was founded in May 2018. AIMPERA is
an SEC-registered investment adviser since October 2020.
AIMPERA invests and manages the Funds (as defined below) on behalf of investors that may include
pension, endowment, sovereign wealth funds, and other qualified institutional and individual
investors in the United States and elsewhere.
AIMPERA provides investment advisory services to the following privately offered limited
partnerships and similar investment vehicles and accounts (together with any future private
investment vehicle, structure or account to which AIMPERA provides investment advisory services
and any parallel vehicles, the “Funds,” and each, a “Fund”). As of the date of this Brochure, the
Funds comprise:
• AIMPERA Cold Storage Fund LP (“CSF”);
• AIMPERA Fund III LP;
• AIMPERA Fund III Parallel LP;
• AIMPERA Fund III PF Feeder LP (and together with AIMPERA Fund III LP and AIMPERA
Fund III Parallel LP, “Fund III”);
• AIMPERA III Coinvest LP (“Fund III Coinvest”);
• AIMPERA Dairy RNG Coinvest LP (“Dairy Coinvest”);
• AIMPERA Fiber Coinvest LP (“Fiber Coinvest”); and
• AIMPERA Aviation Coinvest LP (“Aviation Coinvest”).
Certain affiliates of AIMPERA Capital serve as general partners to the Funds (together with any
future affiliated general partner entities, the “General Partners” and each, a “General Partner”)
Each General Partner is subject to the Investment Advisers Act of 1940, as amended (the “Advisers
Act”) pursuant to AIMPERA Capital’s registration in accordance with SEC guidance. This Brochure
also describes the business practices of the General Partners, which operate as a single advisory
business together with AIMPERA Capital.
AIMPERA’s Funds are structured as private equity funds, structures or managed accounts that invest
through negotiated transactions in operating entities, generally referred to herein as “portfolio
companies.” AIMPERA’s investment advisory services to the Funds consist of identifying and
evaluating investment opportunities, negotiating the terms of investments, managing and monitoring
investments and effectuating dispositions for such investments. Although investments are made
predominantly in non-public companies, investments in public companies may be permitted subject
to certain limitations set forth in the applicable Fund’s limited partnership agreement, other operating
agreement, or governing document (each, a “Partnership Agreement”). From time to time, where
such investments consist of portfolio companies, the senior principals (the “Principals”) or other
affiliated personnel of AIMPERA or its affiliates have served, and may in the future serve, on such
portfolio companies’ respective boards of directors or otherwise act to influence control over
management of portfolio companies in
which the Funds have invested.
AIMPERA’s advisory services for the Funds are further detailed in the applicable private placement
memoranda or other offering documents, the applicable management agreements, the Partnership
Agreements, and/or any other governing or constituent documents (collectively, the “Governing
Documents”) of the Funds and are further described below under Item 8 “Methods of Analysis,
Investment Strategies and Risk of Loss.” Investors in the Funds participate in the overall investment
program for the applicable Fund but may be excused from a particular investment due to legal,
regulatory or other agreed-upon circumstances pursuant to the relevant Governing Documents. In
connection with any given Fund, the Funds and the applicable General Partners have entered, and
may in the future enter, into side letters or other similar agreements (“Side Letters”) with certain
investors that have the effect of establishing rights under, or altering or supplementing the terms of,
the relevant Governing Documents with respect to such investors. Such Side Letters may alter or
supplement rights or obligations relating to rights or obligations with respect to carried interest, fees,
expenses, excuse or exclusion from investments, transfers of interests in the Funds, tax and other
reporting, and other notice requirements, indemnification, access or participation in co-investment
opportunities (and the terms thereof), and other representations, warranties or diligence
confirmations. Rights established, or any terms altered or supplemented will govern only with
respect to the specific investor and not the terms of a Fund as a whole. Certain such additional rights
(taken together with any associated obligations) but not all rights, terms or conditions may be elected
by certain sizeable investors with “most favored nations” rights pursuant to Side Letters. AIMPERA
generally makes such side letters relating to a particular Fund available to all limited partners of such
Fund.
Additionally, from time to time and as permitted by the relevant Governing Documents, AIMPERA
has provided, and expects to provide in the future (or to agree to provide), co-investment
opportunities (including the opportunity to participate in co-invest vehicles) to certain investors or
other persons, including other sponsors, market participants, finders, consultants and other service
providers, AIMPERA personnel and/or certain other persons associated with AIMPERA and/or its
affiliates (e.g., a vehicle formed by the Principals to co-invest alongside a particular Fund’s
transactions).
The information provided above about the investment advisory services provided by AIMPERA is
qualified in its entirety by reference to the Funds’ Governing Documents.
As of December 31, 2023, AIMPERA managed approximately $802,317,357 client assets on a
discretionary basis through the Funds. AIMPERA does not manage any assets on a non-discretionary
basis. AIMPERA Capital and the General Partners are principally owned by Matthew Carbone,
Edmond Leung and Ryan Barnes.