Bestige Holdings, LLC, a Utah limited liability company, is a Park City, Utah-based investment adviser
that provides private equity solutions to North American based companies operating in the industrial,
business, consumer, and healthcare services industries with revenue ranging from approximately $10
million to over $300 million. The Firm began its advisory services in 2017. Bestige is principally owned by
Bestige Partners, LLC (the “Parent Company”). The Parent Company is principally owned by Nathan
Richey.
Bestige serves as an investment adviser to National Waste, LP (“National Waste”), NPW, LP (“NPW”),
SWA, LP (“SWA”), RMSS, LP (“RMSS”), IHS Holdings, LLC (“IHS Holdings”), UTNS Holdings, LLC
(“UTNS Holdings”), UTNS, LP (“UTNS”), IRNS LP (“IRNS”), and IRNS Holdings, LLC (“IRNS
Holdings” together with National Waste, NPW, SWA, RMSS, IHS Holdings, UTNS Holdings, UTNS, and
IRNS, the “Funds” and each a “Fund”). The Funds are exempt from registration under the Investment
Company Act of 1940, as amended (the “Investment Company Act”) pursuant to Section 3(c)(1).
Pursuant to the position expressed in the American Bar Association SEC No-Action Letter (January 18,
2012) (“ABA No-Action Letter”), this brochure describes the advisory services provided by Bestige, as a
filing adviser, and the general partners, Bestige General Partner I, LP (“GP I”), Bestige General Partner II,
LP (“GP II”), Bestige General Partner III, LP (“GP III”),
Bestige General Partner IV, LP (“GP IV”), Bestige
General Partner V, LP (“GP V”), and Bestige General Partner VI, LP (“GP VI,” together with GP I, GP II,
GP III,GP IV, and GP V, the “General Partners” and each a “General Partner”), which collectively operate
as a single advisory business together.
Individuals and entities may invest in the Funds as limited partners (“Investors”). Investment advice is
provided directly to each Fund itself and not to the individual Investors in the Funds. Bestige tailors its
advisory services to the individual needs of each Fund but not to the individual needs of underlying
Investors. Bestige manages all of the Funds in accordance with the investment objectives and limitations
set forth in each Funds’ offering memoranda, limited liability company agreement, limited partnership
agreement, governing documents, subscription agreements, side letters, and any investment management
agreement between Bestige and the Fund (“Operative Documents”). Any capitalized terms used herein
without definition are defined in the Operative Documents. The advice provided by the Firm and its
employees is limited to the types of investments described in the Operative Documents.
The Firm does not participate in wrap fee programs.
As of December 31, 2023, the Firm managed approximately $362,449,971 regulatory assets on a
discretionary basis. The Firm does not manage any assets on a non-discretionary basis.