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Adviser Profile

As of Date 03/20/2024
Adviser Type - Large advisory firm
Number of Employees 3
of those in investment advisory functions 2
Registration SEC, Approved, 01/11/2021
AUM* 348,937,473 24.39%
of that, discretionary 348,937,473 24.39%
Private Fund GAV* 348,580,069 24.26%
Avg Account Size 29,078,123 24.39%
SMA’s No
Private Funds 12
Contact Info 650 xxxxxxx
Websites

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

Recent News

Reported AUM

Discretionary
Non-discretionary
446M 382M 318M 255M 191M 127M 64M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count12 GAV$348,580,069

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Brochure Summary

Overview

Savant Partners, LLC (“Savant” or the “Adviser”) is a limited liability company formed in Delaware in 2020. Savant has filed a succession by application to acquire the investment advisory business of Kennet Partners, LLC (“Kennet Partners”). In connection with this transition, the private fund managed by Savant, Savant Growth Fund I, LP (the “Fund”), acquired U.S. portfolio companies held directly or indirectly by certain private funds advised by Kennet Partners (the “Kennet Funds”). Following this transition, Kennet Partners terminated its investment advisory agreements with the Kennet Funds and ceased conducting investment advisory business. The Kennet Funds continue to be managed by UK-based affiliates of Kennet Partners, Kennet Partners Limited and Kennet Capital Management (Jersey) Ltd (the “Kennet Affiliates”). Currently, Savant acts as sub-adviser to certain private funds, including Kennet V SCSp, and may be engaged as sub-adviser to future private funds managed by Kennet Affiliates. Kennet V SCSp and any future private funds for which Savant will act as a sub-adviser managed by Kennet Affiliates are collectively referred to herein as the “Sub-Advised Funds”). Savant is wholly owned by Savant Growth LLC (“Savant Growth”), a limited liability company formed in Delaware that is beneficially owned by Javier Rojas and Eric Filipek (the “Partners”). Savant’s investment strategy focuses on U.S.-based high-growth SaaS businesses that Savant views as capital efficient and generating recurring revenue prior to raising institutional capital. Savant seeks significant minority positions or majority control in portfolio companies (“Portfolio Companies”), with board representation and customary shareholder rights. In instances where Savant has determined that the Fund will not participate in all or a portion of an investment opportunity, Savant has established side car vehicles (the “Side Car Funds”) to allow investors who have expressed interest to participate in such investment opportunity. In addition, if Savant determines that the Fund will not fully participate in an investment opportunity, Savant may provide all investors and outside third-parties with the opportunity to co-invest with the Fund, through
a co-investment vehicle (the “Co-Investment Funds” and together with the Fund, Sub-Advised Funds and Side Car Funds, the “Clients”). Savant provides discretionary investment advice to the Clients. Savant Growth GP I, LLC serves as the general partner to the Fund and Side Car Funds (the “General Partner”). The Fund, Savant and the General Partner have entered into an arrangement with a strategic investor (the “Lead Investor”) whereby the Lead Investor has made a substantial investment in the Fund. In consideration for such capital contribution, the Lead Investor has been granted certain rights that are in addition to, and more favorable than, the rights, terms and conditions established in favor of other investors in the Fund. The Lead Investor will have a seat on the Fund’s Advisory Committee and decision-making of the Advisory Committee will generally be subject to the vote of the Lead Investor and an additional member of the Advisory Committee. The Lead Investor does not have any equity stake in the Savant and has no rights with respect to the day-to-day operation of Savant or the General Partner or in the management of the Fund, except as it relates to the Advisory Committee, and therefore does not control or monitor the activities of Savant or the General Partner. The Fund has entered into side-letter agreements or other similar agreements with one or more investors that provide such investors with terms additional to or different from those set forth in the Fund’s limited partnership agreements (“LPAs” or “Governing Documents”); however, each investor is notified of the side-letter agreements and has the option to be party to the additional terms. Savant does not tailor its advisory services to the individual needs of investors, and investors may not directly impose restrictions on investing in certain securities or types of investments. The LPA sets forth the Fund’s investment strategy, including guidelines regarding the types of securities the Fund will invest in and portfolio limits, including any restrictions that were negotiated at the time of an investor’s commitment. Savant does not participate in wrap fee programs. As of December 31, 2023, Savant managed approximately $348.9M of client assets, all on a discretionary basis. 0F