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Adviser Profile

As of Date 03/27/2024
Adviser Type - Large advisory firm
Number of Employees 6 20.00%
of those in investment advisory functions 5
Registration SEC, Approved, 1/3/2023
Other registrations (1)
AUM* 477,469,017 39.50%
of that, discretionary 477,469,017 39.50%
Private Fund GAV* 477,469,017 41.25%
Avg Account Size 238,734,509 39.50%
SMA’s No
Private Funds 2
Contact Info 650 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
342M 293M 244M 196M 147M 98M 49M
2022

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count2 GAV$477,469,017

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Brochure Summary

Overview

Realization Capital Partners Management (the “Manager”) is an investment adviser registered with the United States Securities and Exchange Commission (SEC) and is a limited liability company formed under the laws of the State of Delaware. We began operations in March 2019 and are based in the San Francisco Bay Area. We filed our initial application to become registered as an investment adviser in November 2022. Prior to that time, we replied on the Private Fund Adviser exemption to full registration and filed an Exempt Reporting Adviser (ERA) report with securities regulators. Jason Donahue is the owner and Managing Member of Realization Capital Partners Management. Description of Advisory Services Realization Capital Partners Management serves as investment adviser to clients that are pooled investment vehicles which are managed by affiliated manager or general partner entities. The pooled investment vehicles currently are not, and will not be, registered as investment companies in reliance on an exemption from registration under the Investment Company Act of 1940, as amended, and the securities of which will be offered and sold in reliance on an exemption from registration under the Securities Act of 1933, as amended. As of the date of this Brochure, we provide advisory services to the General Partners (“GPs”) of Realization Capital Partners I, L.P. and Realization Capital Partners II, L.P. (referred to collective as the “Private Funds”). Companies affiliated with Realization Capital Partners Management serve as the sponsor and General Partner of the Private Funds. Thus, Realization Capital Partners Management is not independent of the Private Funds. See also Item 10 – Other Financial Industry Activities and Affiliations, Item 11 – Participation in Client Transactions and Personal Trading and Item 16 – Custody of this brochure for more information. Each Private Fund’s investment objectives and other characteristics are set forth in the Private Placement Memorandum (“PPM”), Limited Partnership Agreement (“LPA”), and/or any other governing documents provided to investors in such Private Fund (“Investors”). We will tailor the advisory services for each Private Fund based on each Private Fund’s investment objective and investment strategy. We do not tailor advisory services to the individual Investors. The following are descriptions of our advisory services. A written agreement, which details the exact terms of the service, must be executed by each Private Fund, its associated General Partner entity, and Realization Capital Partners Management before we can provide the services described below. Overview The Manager’s services can best be described as providing investment advice and other advisory
services to private funds (directly or through their affiliated GP entities) that are established for investment in the private equity / venture capital market with a focus on technology-related investments. We strive to select investments to achieve attractive long-term capital growth. We make both secondary and primary direct investments from under $1 million to $100 million in companies ranging in revenue from under $10 million to $1 billion in partnership with management, owners, and controlling shareholders. These transactions can include acquiring existing minority stakes from other venture capital and private equity firms, leading or joining primary rounds, or effecting buyouts and recapitalizations. We often focus on providing liquidity for shareholders whose time frames don't align with those of the majority shareholders. Realization Capital Partners Management LLC Page 5 Form ADV Part 2A: Firm Brochure Types of Investments We describe our firm as an opportunistic, fundamentals-based investor seeking significant discounts to intrinsic value in high potential, privately held, growing software and technology companies. More specifically, we specialize in direct and portfolio secondaries as well as select primary capital special situations which align with our value-oriented approach and risk-adjusted underwriting objectives. Private equity is an alternative investment class that invests in or acquires private companies that are not listed on a public stock exchange. Generally speaking, private equity funds invest in private companies or engage in buyouts of public companies. Institutional and retail investors provide the capital for private equity, and the capital can be utilized to fund new technology, make acquisitions, expand working capital, and bolster and solidify a balance sheet. Please see Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss for more information. Tailor Advisory Services to Individual Needs of Clients We do not currently have individual, natural-person clients or institutional, company-clients. We serve as the investment adviser to affiliated Private Funds (through their affiliated General Partner entities) and have no other clients. All management and investment decisions regarding our Private Funds is based on the individual fund objectives, strategies and policies. We are responsible for all major investment decisions including, without limitation, amending or changing an individual Private Fund’s investment objective; determining investment strategies; and establishing and implementing investment policies or limitations. Assets Managed by Realization Capital Partners Management As of September 30, 2023, we managed $477,469,017 in Private Fund assets.