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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 11
of those in investment advisory functions 2
Registration SEC, Approved, 07/08/2022
Other registrations (1)
Former registrations

ROCKWOOD EQUITY PARTNERS LLC

AUM* 159,952,793 -18.88%
of that, discretionary 159,952,793 -18.88%
Private Fund GAV* 159,952,793 -34.67%
Avg Account Size 31,990,559 -18.88%
SMA’s No
Private Funds 5
Contact Info 216 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
197M 169M 141M 113M 85M 56M 28M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$159,952,793

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Brochure Summary

Overview

Rockwood Equity Partners, LLC (“Rockwood” or “Firm”) is a Denver, Colorado based private equity investment advisory firm that provides portfolio management and investment advisory services to private equity funds structured as Delaware limited partnerships. Rockwood also has offices located in Cleveland, OH and New York, NY. Rockwood was founded in 1999 and focuses on buyouts of lower-middle market North American businesses. Brett Keith and H. Josef Merrill are the principal owners of Rockwood Equity Partners, LLC. Rockwood provides investment advisory services to three primary funds, Rockwood Equity Partnership Fund LP (“Fund II”), Rockwood Equity Partners III, LP (“Fund III”) and Rockwood Equity Partners IV, LP (“Fund IV”). Rockwood also provides advisory services to two parallel funds, Rockwood Equity Partners III-A, LP and Rockwood Equity Partners IV-A, LP (“Parallel Funds”) that operates side-by-side on a pro-rata basis with Fund III and Fund IV, respectively. Fund II, Fund III, Fund IV, and the Parallel Funds may be referred to collectively as the “Funds”. Each Fund is a limited partnership, limited liability company or other entity formed under U.S. laws and operated pursuant to one or more exemptions from registration under the Investment Company Act of 1940 (the “Investment Company Act”). The Funds invest in different portfolio companies directly or through one or more intermediate entities of the Partnership. Each investment by a Fund is referred to as a “Portfolio Company”. The general partners of the Funds are Delaware limited liability companies and are affiliates of Rockwood. Each GP has the power and authority to delegate
the management of the Funds to Rockwood. See Item 10: Other Financial Industry Activities and Affiliations for a list of entities affiliated with Rockwood that serve as general partners to the Funds. Interests in Rockwood Funds are privately offered, typically to institutional investors (for example, public and private pension funds), certain high-net-worth individuals (for example, individuals with at least $5 million in investment assets),family offices, investment entities, trusts, and may include , directly or indirectly, principals, senior advisors or other current and former employees of Rockwood, members of their families or service providers or their employees retained by Rockwood to perform work for Rockwood, the Funds or the Portfolio Companies. Rockwood’s investment advice is limited to the investments made by the Funds. Rockwood’s advisory services include general and day-to-day operations of the Funds and the acquisition and disposal of, and any dealings with, investments by or for the Funds. Rockwood’s advisory services are tailored to the investment strategies of the Funds. The investment strategy of the Funds is to invest in private equity and equity related investments, such as sub-debt and senior debt obligations, in lower-middle market companies within North America that are owned by owner-operators, families, or are non-core to a corporate parent. As of December 31, 2023, Rockwood managed $159,958,793 of regulatory assets under management (which includes all uncalled capital commitments) on a discretionary basis. Rockwood does not manage client assets on a non-discretionary basis.