Bowside Capital, LLC (“Bowside”), a Delaware limited liability company, is a private investment
firm focused on the private equity, small buyout market in North America. Bowside was founded
in 2009 and is headquartered in Charleston, SC. Christian H. M. Albert is the principal owner and
manager of Bowside.
The following general partner entities (each, a “General Partner”) are affiliated with Bowside:
• Bowside Fund II GP, LLC
• Bowside Fund III GP, LLC
• Bowside Fund IV GP, LLC
• Bowside Fund V GP, LLC
Each General Partner is deemed registered and subject to the Advisers Act pursuant to Bowside’s
registration in accordance with SEC guidance. This Brochure also describes the business practices
of the General Partners, which operate as a single advisory business together with Bowside.
Except where specified, references to Bowside in this Brochure collectively refer to Bowside
Capital, LLC and the General Partners.
Bowside provides investment advisory services to Bowside Capital Fund II, L.P. (“Bowside II”),
Bowside Capital Fund III, L.P. (“Bowside III”), Bowside Capital Fund IV, L.P., (“Bowside IV”)
and Bowside Capital Fund V, L.P., (“Bowside V” and together with Bowside II, Bowside III, and
Bowside IV, the “Bowside Funds”). Bowside II, Bowside III, and Bowside IV are private equity
funds formed to invest in (i) primary commitments to small buyout funds, (ii) direct investments
by co-investing with these small buyout funds and independent sponsors, and (iii) secondary
purchases of limited partner interests in funds that meet the primary commitment target criteria of
size and strategy. Bowside II targets private equity funds located in the U.S. with capital
commitments of $100 million or less, while Bowside III and Bowside IV target private equity
funds located in the U.S. or Canada with capital commitments of $150 million or less. Bowside
Fund V targets investments in independent sponsor transactions and co-investments with small
buyout funds in the U.S.
Bowside’s investment advisory services to the Bowside Funds include the identification,
evaluation, and selection of investment opportunities. Bowside performs due diligence in
connection with such potential investments, negotiates investment terms, and provides on-going
due diligence and performance monitoring for each Bowside Fund and its investments. Bowside
serves as the investment advisor to all the Bowside Funds. Each of the Bowside Funds is structured
to
have a distinct general partner responsible for the daily operations of the respective fund, and
each general partner is an affiliate of Bowside. The general partner of each Bowside Fund is
subject to the Advisers Act pursuant to Bowside’s registration in accordance with SEC guidance.
Investment advice is provided directly to the Bowside Funds, subject to the discretion and control
of the applicable general partner, and not individually to the investors in the Bowside Funds.
Interests in the Bowside Funds are offered on a private placement basis and are not registered
under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any
state or foreign jurisdiction and may not be bought, sold, or transferred without compliance with
all applicable federal, state, and foreign securities laws. Accordingly, to purchase limited partner
interests in any Bowside Fund, investors must be “accredited investors” as defined in Rule 501(a)
of Regulation D under the Securities Act and “qualified purchasers” as defined in Section
2(a)(51)(A) of the Investment Company Act of 1940, as amended (the “Investment Company
Act”) and the rules promulgated thereunder.
Bowside will tailor the specific advisory services with respect to each Bowside Fund based on the
particular investment objectives, strategies, and risk limits described in the applicable confidential
offering memorandum, limited partnership agreement, and investment advisory agreement. Since
Bowside does not provide individualized advice to the investors in the Bowside Funds, prospective
investors in the Bowside Funds must consider whether the Bowside Funds meet their investment
objectives and risk tolerance prior to investing. Investors in the Bowside Funds participate in the
overall investment program for the applicable Bowside Fund. Investors generally cannot impose
restrictions on investments made by Bowside. Information about the Bowside Funds can be found
in their offering documents, including the confidential offering memorandum. This brochure is
designed solely to provide information about Bowside and should not be considered to be an offer
of interests in the Bowside Funds or in any other investment vehicle managed by Bowside or its
affiliates.
Bowside does not participate in wrap fee programs.
As of December 31, 2023, Bowside managed $200,456,046 in client assets across the Bowside
Funds on a discretionary basis. Bowside does not manage any client assets on a non-discretionary
basis.