Corridor Capital provides discretionary investment advice to Corridor Capital II, LP (“Fund II”) and
Corridor Capital III, LP (“Fund III” and together with Fund II, Fund II Affiliates, Fund III Affiliates, and
any successor private investment funds and each of their related co-investment vehicles and special purpose
vehicles, the “Funds” and individually, each a “Fund”). Corridor Capital also manages several single
purpose vehicles (collectively, the “SPVs”, and together with the Funds, the “clients”) each of which are
formed to invest or co-invest in a single portfolio company. In the future, Corridor Capital may form
additional funds, including feeder and parallel funds, co-investment vehicles and special purpose vehicles.
The Funds seek long-term capital appreciation through private investments, centered on making control
acquisitions in generally well positioned, but undermanaged commercial and industrial companies, in which
the General Partner (defined below) believes it has a reasonable opportunity to collaborate with
management to actively address and remedy operational, strategic, managerial and/or capital deficiencies.
The Funds may also make opportunistic structured debt and/or minority equity investments in portfolio
companies, in which the Fund and any parallel vehicle may have an opportunity to exert significant
managerial and operational influence to add value through the improvement or elimination of such
deficiencies. The principal owner of Corridor Capital is the Enenstein Family Trust and, indirectly through
the Enenstein Family Trust, Craig Enenstein and Carolyn Enenstein.
Generally, a person that is under common control with Corridor Capital (a “Related Person”) acts as the
general partner of each Fund, and Corridor Capital (directly or indirectly through a wholly-owned
subsidiary) serves as the investment adviser to each Fund. References to “Corridor Capital” in this Brochure
include, as the context requires, affiliates through which Corridor Capital provides investment advisory
services or that act in any capacity referenced
in the previous sentence. References to “General Partners”
in this Brochure include the general partner entities of the applicable Funds, and for any general partner
that is itself a limited partnership, to the general partner thereof.
Corridor Capital utilizes a strategy of making private and structured equity investments in multiple target
business services sectors, including but not limited to business process outsourcing, marketing services,
value-added distribution, and training and education. Corridor Capital generally focuses on both control
and non-control investments, seeking to produce value through a highly active approach, working alongside
management to build the infrastructure and processes necessary to ensure sustainable scalable growth.
Corridor Capital tailors its advisory services to the specific investment objectives and restrictions of each
Fund set forth in such Fund’s limited partnership agreement. Investors and prospective investors of each
client should refer to the confidential private placement memorandum (if any), limited partnership
agreement, subscription agreement and/or other governing documents (collectively, the “Governing
Documents”) of the applicable client for complete information on the investment objectives and investment
restrictions with respect to such client. There is no assurance that any of the client’s investment objectives
will be achieved.
Consistent with industry practices, the Funds and/or the General Partner have entered into side letter
agreements or similar agreements (“Side Letters”) with certain investors pursuant to which the General
Partner grants the investor specific rights, benefits, or privileges (including economic rights, benefits, and
privileges) that, except as set forth in the Governing Documents, are not required to be made available or
disclosed to investors generally.
Corridor Capital does not participate in any wrap fee programs.
As of December 31, 2023, Corridor Capital’s regulatory assets under management (or “RAUM”, as defined
for purposes of Form ADV) were $159,885,269 on a discretionary basis.