AACP Investments, LLC (“AACP Investments” or the “Firm”) was formed on October 20, 2020. The
Firm’s headquarters is located in New York, New York. The Firm is a wholly owned subsidiary of AZ US
Holdings LLC.
In general, AACP Investments is the investment adviser to two types of funds:
a) Access Funds: which will invest directly into a private fund managed by third-party investment
managers, which are often affiliates of AACP Investments, and AACP Investments and/or AACP
Investments ‘affiliates may have an economic interest in (“Access Funds”);and
b) Managed Funds: for which AACP Investments will be the primary investment advisor (“Managed
Funds”).
The term “Funds” in this brochure refers to Access Funds, Managed Funds and any other funds or
investment vehicles managed by the Firm.
Access Funds
AACP Investments is the investment adviser to the Azimut Kennedy Lewis (Onshore) Access Fund III LP
(the “Onshore Access Fund”) and Azimut Kennedy Lewis (Offshore) Access Fund III LP (the “Offshore
Access Fund,” and together with the Onshore Access Fund, the “Kennedy Lewis Fund III Access Funds”).
The Onshore Access Fund is a Delaware limited partnership, which was established as a vehicle that will
invest in Kennedy Lewis (Onshore) Fund III, L.P., (KL Onshore Fund III). The Offshore Access Fund is a
Cayman Islands exempted limited partnership, which was established as a vehicle that will invest in
Kennedy Lewis (Offshore) Fund III, L.P., (“KL Offshore Fund III,” and together with KL Onshore Fund
III and any alternative investment vehicles through which the Access Funds are required to invest, the “KL
Fund III Funds”).
Each underlying Kennedy Lewis Access Fund has its own Private Placement Memorandum (“Underlying
Fund PPM”), which includes important disclosures with respect to investment related risks, macroeconomic
considerations, fees and other potential conflict issues, and such other disclosures as are determined
appropriate by the respective fund
managers (“Underlying Managers”).
Managed Funds
AACP Investments is also the investment adviser to:
1. Azimut GP Stakes Fund I-A, L.P., a Delaware limited partnership (the “Main Fund”), and Azimut
GP Stakes Fund I-B, L.P., a Cayman Islands exempted limited partnership (the “PV Fund”), and
Azimut GP Stakes RAIF SCSp, a Luxembourg special limited partnership (société en commandite
spéciale) with registered office at 2a rue Eugène Ruppert, L –2453 Luxembourg, Grand Duchy of
Luxembourg, registered with the Luxembourg Trade and Companies Register (Registre de
Commerce et des Sociétés – Luxembourg) under number B263469 (the “Lux Master Fund”, and
collectively with the Main Fund and the PV Fund and any other Parallel Funds or feeder funds,
“GPS” or the GP Stake Fund”).
2. Azimut RS Holdings SCSp a Luxemburg Registered Fund.
3. AACP Eversource Staking Fund LP, a Delaware limited partnership (“AACP ESF”).
AACP Investments may become the investment manager of other Funds with varying strategies. Potential
investors should consult the respective Fund’s governing documents to understand the respective Fund’s
strategies, risks and fees associated with investing with such Fund.
For information about the investment strategy of AACP Investments, see the discussion under “Methods of
Analysis, Investment Strategies and Risks of Loss”. Further, details regarding the investment objective for
the Funds can be found in the offering memoranda and other governing documents.
Shares or Limited Partnership interests in the Funds will not be registered under the U.S. Securities Act of
1933, as amended (the “Securities Act”); nor will the Funds be registered under the Investment Company
Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests or shares in the Funds
will be offered and sold exclusively to Limited Partners satisfying the applicable eligibility and suitability
requirements, either in private transactions within the United States or in offshore transactions.