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Adviser Profile

As of Date 09/11/2024
Adviser Type - Large advisory firm
Number of Employees 11
of those in investment advisory functions 4
Registration SEC, Approved, 7/28/2023
Other registrations (2)
Former registrations

BESTIGE HOLDINGS, LLC

AUM* 362,449,971
of that, discretionary 362,449,971
Private Fund GAV* 362,449,971 19.27%
Avg Account Size 40,272,219
SMA’s No
Private Funds 6
Contact Info 312 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count6 GAV$362,449,971

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Brochure Summary

Overview

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.