Firm Overview
For purposes of this brochure, “CCMP Growth” means CCMP Growth Advisors, LP. CCMP Growth
is a private equity firm that provides discretionary investment management services to pooled
investment vehicles in accordance with the investment objectives, strategies and guidelines set forth
in the relevant offering documents and partnership agreements for each respective pooled investment
vehicle. CCMP Growth advises pooled investment vehicles for which affiliates of CCMP Growth
serve as the general partner (“CCMP Growth Clients” or the “CCMP Growth Advised Funds”).
CCMP Growth from time to time may also in the future also establish other investment vehicles as
CCMP Growth Clients for the purpose of purchasing one or more investments from another CCMP
Growth Client (often where the selling CCMP Growth Client is approaching the end of its term)
(“Continuation Vehicles”). For the purposes of this brochure, “CCMP Growth Clients” and “CCMP
Growth Advised Funds” shall be deemed to include “Continuation Vehicles”. To the extent that this
Brochure discusses investment activities engaged in by CCMP Growth, such activities are
undertaken by CCMP Growth as an investment adviser to the CCMP Growth Clients and not for
CCMP Growth’s own account.
CCMP Growth Advisors, LP was formed in June 2022 as a successor to CCMP Capital Advisors,
LP (“CCMP Capital”) by certain investment professionals of CCMP Capital for new investment
opportunities. CCMP Growth’s primary investment activity is making equity investments in
privately owned companies or making equity investments in publicly owned companies in
connection with taking them private.
CCMP Growth focuses on buyout and growth equity investments, primarily as the lead investor in
companies in the consumer and industrial sectors, primarily in North America. Companies in which
an investment is made through a pooled investment vehicle are known as “portfolio companies”.
As a private equity firm, CCMP Growth seeks to create value in its portfolio companies by working
with management to implement operational enhancements and efficiencies. While CCMP Growth
primarily seeks to make control investments, on occasion it may make a minority investment where
it can exert a significant influence on management or secure appropriate corporate governance and
other shareholder protections. After a period of time, typically several years, CCMP Growth seeks
to sell the portfolio company privately or take the portfolio company public and dispose of its shares
in the public markets. On occasion, CCMP Growth may cause a CCMP Growth Client to hedge
currency or other risks, but only if the
purpose of such hedging activity is related to a risk inherent
in a portfolio company investment. CCMP Growth does not engage in short selling.
CCMP Growth may also make private investments in public companies (“PIPE” transactions).
Additionally, certain CCMP Growth Client may, make distressed debt investments (“Distressed
Investments”), generally in contemplation of taking a meaningful minority or control equity position
in a distressed company so as to be in a position to directly influence a restructuring such that holders
emerge from the restructuring in control of such company’s equity, by making direct investments in
distressed investment opportunities which meet the investment objectives of such CCMP Growth
Client and subject to the limitations set forth in the partnership agreement for such CCMP Growth
Client. The risks and conflicts related to investing in Distressed Investments are discussed in greater
detail throughout this Brochure and in the private placement memorandum (“PPM”) for such CCMP
Growth Client.
Investments for CCMP Growth Clients are managed in accordance with the pooled investment
vehicle’s particular investment objectives, strategies and guidelines and are not tailored to the
individualized needs of any particular investor in the CCMP Growth Client. Information about each
CCMP Growth Client, and the particular investment objectives, strategies, guidelines and risks
associated with an investment in a CCMP Growth Client, are described in the governing documents,
including the PPM and limited partnership agreement of each CCMP Growth Client, which are made
available to investors only through CCMP Growth or another authorized party. Since CCMP Growth
does not provide individualized advice to investors in any CCMP Growth Client (and an investment
in a CCMP Growth Client does not, in and of itself, create an advisory relationship between the
investor and CCMP Growth), investors must consider for themselves whether an investment in a
particular CCMP Growth Client meets their investment objectives and risk tolerance prior to
investing.
CCMP Growth’s total regulatory assets under management as of December 31, 2023, was
approximately $423,122,752 all of which is managed on a discretionary basis.
The general partner of CCMP Growth Advisors, LP is CCMP Growth GP Corp., which is wholly
owned by CCMP Growth, LP. CCMP Growth, LP is the sole limited partner of CCMP Growth
Advisors, LP. The ultimate principal owners of CCMP Growth, LP are Joseph Scharfenberger and
Mark McFadden. The general partner of CCMP Growth, LP is CCMP Growth GP, LLC.