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Adviser Profile

As of Date 07/03/2024
Adviser Type - Large advisory firm
Number of Employees 6
of those in investment advisory functions 2
Registration SEC, Approved, 07/29/2022
Other registrations (4)
Former registrations

10TALENTS INVESTORS, LLC

AUM* 238,934,974 4.38%
of that, discretionary 238,934,974 4.38%
Private Fund GAV* 142,942,933 -37.55%
Avg Account Size 13,274,165 -1.42%
SMA’s No
Private Funds 18 1
Contact Info (50 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
229M 196M 164M 131M 98M 65M 33M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count18 GAV$142,942,933

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Brochure Summary

Overview

A. Description of Advisory Business 10Talents Investors, LLC (the “Adviser”) is a Delaware limited liability company with its principal place of business located at 124 Washington Street, Suite 101, Foxborough, Massachusetts 02035. The Adviser was founded in April 2015. Andrew Goudy and Keith Lowey own substantially all of the interests in the Adviser. Mr. Goudy serves as the Adviser’s Managing Member. The Adviser also maintains an advisory committee (the “Advisory Committee”), which currently comprises four individuals, one of whom has a minority interest in the Adviser. None of the Advisory Committee members is compensated directly for his or her services, though, in exchange for a member’s service on the Advisory Committee, the Adviser may reduce its fees relating to the member’s investments in one or more Access Funds (as defined below). B. Description of Advisory Services Offered The Adviser provides investment advisory services to pooled collective investment funds to which it or an affiliate also serves as the general partner (each, an “Access Fund”). Investment advice is provided directly to an Access Fund, subject to the discretion and control of the applicable general partner (if any), and not individually to the investors in the Access Fund. Each Access Fund is exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and its securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). Each Access Fund is managed in accordance with its summary term sheet, if any, and limited partnership agreement (together, the Access Fund’s “Offering Documents”). As of December 31, 2022, there were seventeen Access Funds, all but one of which was closed to new capital commitments. Each Access Fund has been formed for the purpose of investing the Assets Fund’s assets generally with a single private equity fund (an “Underlying Fund”) that has been selected by the Adviser. (Two Access Funds have investments in more than one Underlying Funds.) No two Access Funds invest in the same Underlying Fund. Each Underlying Fund is a closed-end private equity fund that typically seeks capital commitments from investors in an aggregate amount of between approximately $250 million and $3 billion. Each Underlying Fund is managed by an investment adviser that is not affiliated with
the Adviser (an “Underlying Fund Manager”). Most, if not all, investment advisers of the Underlying Funds are registered with the SEC as investment advisers. An Access Fund identifies the Underlying Fund (or Underlying Funds) and the Underlying Fund Manager (or Underlying Fund Managers) prior to the commencement of marketing the Access Fund. Each Underlying Fund has its own offering materials, which include 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 Underlying Fund Manager. Copies of those Underlying Fund offering materials provided by the Underlying Fund Manager (or Managers) to the Adviser are included with the Access Fund’s Offering Documents provided to investors. Each Access Fund raises its own capital commitments and then makes a collective capital commitment to the Underlying Fund. As the Underlying Fund makes capital calls, the corresponding Access Fund generally will make capital calls of its investors (“Limited Partners”). From time to time, an Access Fund may borrow from a third-party lender some or all of the amounts necessary to satisfy an Underlying Fund’s capital call. In such cases, the loan amount is secured by the holdings of the Access Fund, and the lender has a right to call additional capital from the Access Fund’s Limited Partners, up to the amounts of their outstanding commitments. The Adviser does not currently participate in any Wrap Fee Programs. C. Investment Restrictions Each Access Fund is managed only in accordance with its own investment objectives and restrictions and is not tailored to any particular Limited Partner. As the Adviser does not provide individualized advice to investors, Limited Partners should consider whether a particular Access Fund meets their investment objectives and risk tolerance prior to investing. The Adviser does not permit Limited Partners to impose limitations on the investment activity described in an Access Funds’ Offering Documents. D. Assets Under Management/Advisement As of December 31, 2023, the Adviser managed assets on a discretionary basis, plus uncalled capital commitments, in an aggregate amount equal to $238,934,974. Adviser does not manage any assets on a non-discretionary basis.