Clearhaven Partners LP, a registered investment adviser, is a Delaware limited partnership with its principal 
place  of  business  in  Boston,  Massachusetts.  Clearhaven  Partners  LP  and  its  affiliated  investment  advisers 
provide  discretionary  investment  advisory  services  to  their  clients,  which  currently  consist  of  private 
investment  funds.  Clearhaven  Partners  LP  was  founded  in  August  2019  and  commenced  operations  as  an 
investment adviser in May 2020.  
Clearhaven Partners LP’s clients consist of Clearhaven Fund I, L.P., Clearhaven Fund I-A, L.P., Clearhaven 
Fund II, L.P., and Clearhaven Fund II-A, L.P. (each, a “Fund”, and collectively, the “Funds”). Clearhaven 
Partners LP provides discretionary investment advisory services and serves as investment manager to the Funds 
(limited partners in the Funds are referred to as an “Investor”). Clearhaven Partners LP provides discretionary 
investment management advice and advisory services to the Funds (and not individually to Investors) pursuant 
to  the  terms  of  a  private  placement  memorandum  or  other  offering  document  (each,  a  “Memorandum”), 
limited partnership agreements or other operating agreements or governing documents (each, a “Partnership 
Agreement”  and together with  any  relevant Memorandum, the “Governing  Documents”)  and are  further 
described below under “Methods of Analysis, Investment Strategies and Risk of Loss”.   
Clearhaven GP I, L.P., Clearhaven GP II, L.P., and Clearhaven Opportunities GP I, L.P. (each, a “General 
Partner”, and collectively, together with any future affiliated general partner entities, the “General Partners,” 
and  together  with  Clearhaven  Partners  LP  and  their  affiliated  entities,  the  “Firm”)  are  advisory  entities 
affiliated with Clearhaven Partners LP. 
Unless the context otherwise requires, references in this Brochure to “Clearhaven” should be construed to 
mean  Clearhaven  Partners  LP.  Where  applicable  each  General  Partner  has  arranged  for  services  to  be 
performed by Clearhaven Partners LP and its respective personnel in connection with the relevant investment 
management agreement between Clearhaven Partners LP and a General Partner on behalf of the Funds. The 
General Partners are subject to the Advisers Act pursuant to Clearhaven’s registration in accordance with SEC 
guidance. This Brochure also describes the business practices of the General Partners, which operate as a single 
in the United States and elsewhere. The Funds are not registered under the Securities Act of 1933, as amended 
(the “Securities Act”), or the Investment Company Act of 1940, as amended (the “Investment Company 
Act”).  
The Funds are private equity funds and generally invest through negotiated transactions in the equity securities 
of  operating  companies  (each,  a  “Portfolio  Investment”  and  collectively,  the  “Portfolio  Investments”) 
through  transactions  in  each  company  (each,  a  “Portfolio  Company”,  and  collectively,  the  “Portfolio 
Companies”). Although investments are made predominantly in non-public companies, investments in public 
companies  are  permitted  and  the  Funds  may  do  so  under  certain  circumstances.  Clearhaven’s  investment 
advisory  services  to  the  Funds  consist  of  identifying  and  evaluating  investments,  negotiating  the  terms  of 
investment, managing, and monitoring the Portfolio Investments and ultimately completing dispositions of 
those  Portfolio  Companies.  Personnel  of  Clearhaven  Partners  LP  have  and  will  likely  serve  on  Portfolio 
Companies’  boards  of  directors  or  otherwise  act  to  influence  control  over  management  of  the  Portfolio 
Companies.  
In  addition  to  the  Funds  listed  above,  Clearhaven  expects  to  advise  certain  vehicles  to  facilitate  discrete 
investment opportunities and/or co-investments. The Funds or Clearhaven enter into side letters or similar 
arrangements  (“Side  Letters”)  with  certain  Investors  that  have  the  effect  of  establishing  rights  (including 
economic or other terms) under or altering or supplementing a Fund’s Limited Partnership Agreement with 
respect to such Investors. Other Side Letter rights are likely to confer benefits on the relevant Investor at the 
expense  of  the  relevant  Fund  or of  Investors as  a  whole, including in the event  that  a  Side  Letter  confers 
additional reporting, information rights and/or transfer rights, the costs and expenses of which are expected to 
be borne by the relevant Fund. 
Additionally, as further described herein and in the Governing Documents, it is Clearhaven’s practice to retain
                                        
                                        
                                             
or work with experienced business and financial executives and other professionals on a limited or regular 
basis  operating  professionals  (some  of  which  are  designated  by  Clearhaven  as  an  “Operating  Partner,” 
“Operating Advisor,” “Operating Executive,” or similar title and collectively, the “Operations Group”) or 
other consultants or service providers to provide services to (or with respect to) one or more Funds or certain 
current  or  prospective  Portfolio  Companies in  which one  or more Funds invest (including  assisting in  the 
review  and  analysis  of  companies  being  considered  for  investment  by  the  Funds)  or  those  companies’ 
management teams. Such Operations Group members generally will not be employees of Clearhaven and will 
provide  services  in  relation  to  the  identification,  acquisition,  holding,  improvement,  and  disposition  of 
Portfolio Companies, including operational aspects of such companies.  These services may also include serving 
in management or policy-making positions for Portfolio Companies.  
Clearhaven is responsible for investing the assets of each Fund in accordance with the investment objectives, 
policies, and guidelines set forth in its Governing Documents. Investors in the Funds participate in the overall 
investment  program  for  the  applicable  Fund,  but  in  certain  circumstances  are  excused  from  a  particular 
investment due to legal, regulatory, or other agreed-upon circumstances pursuant to the Governing Documents; 
such arrangements generally do not and will not create an adviser client relationship between Clearhaven and 
any Investor. The Funds or a General Partners have in the past, and are permitted in the future, to enter into 
Side  Letters  or  other  similar  agreements  with  certain  Investors  that  have  the  effect  of  establishing  rights 
(including economic or other terms) under, or altering or supplementing the terms of, the relevant Partnership 
Agreement with respect to such Investors. 
Additionally, as permitted for in by the Governing Documents, Clearhaven expects to provide (or agree to 
provide)  investment co-investment  opportunities (including the opportunity  to  participate in  co-investment 
vehicles such as the Executive Funds (as defined below)) to certain current or prospective investors or other 
persons,  including  other  sponsors,  market  participants,  finders,  consultants  and  other  service  providers, 
portfolio company management or personnel, Clearhaven personnel and/or certain other persons associated 
with Clearhaven and/or its affiliates (such as a vehicle formed by Clearhaven’s principals to coinvest alongside 
the  Funds’  transactions  (the  “Executive  Funds”)).  Such  co-investments  typically  involve  investment  and 
disposal of interests in a Portfolio Company at substantially the same time and on the same terms as the Fund 
making the investment, subject to certain exceptions set forth in the governing documents of such Fund, and 
are subject to certain fees and expenses, as described herein (generally including similar expenses as are borne 
by a Fund, and as agreed among Clearhaven and the relevant co-investor or co-investment vehicle). However,  
for strategic and/or other reasons, a co-investor or co-invest vehicle (including a co-investing Fund) purchases 
a portion of an investment from one or more Funds after such Funds have consummated their investment in 
such Portfolio Company (also known as a post-closing sell-down, syndication or transfer), which generally 
will have been funded through a Fund’s capital contributions and/or use of a Fund credit facility. Any such 
purchase from a Fund by a co-investor or co-invest vehicle (including a co-investing Fund) generally occurs 
shortly (that is, typically within months) after the Fund’s completion of the investment and prior to any changes 
in valuation of the investment, but in certain instances could be well after the Fund’s initial purchase. Where 
appropriate, and in Clearhaven’s sole discretion, Clearhaven reserves the right to charge the co-investor or co-
invest  vehicle (including  a co-investing  Fund) interest  on  the purchase (or  the  purchase  price  otherwise is 
equitably adjusted at the discretion of Clearhaven under certain conditions) to compensate the relevant Fund 
for the holding period and generally will be required to reimburse the Fund for related costs. However, to the 
extent any such amounts are not charged to, or reimbursed by, a co-investor, such costs will be borne by the 
applicable Fund.  
As of December 31, 2023, Clearhaven managed $980,001,797 in client assets on a discretionary basis.