Norland Capital LP (hereinafter “Norland”, “we”, “us”, “our” or the “Firm”), a Delaware limited
partnership, formed on 25 April 2013. Norland Capital LLC, a Delaware limited liability company, is the
general partner of Norland (the “Norland GP”) and was formed on 25 April 2013. Mateusz Szeszkowski
is the managing member of the Norland GP and responsible for all investment decisions made by Norland
(the “Principal” or “Mr. Szeszkowski”). Norland’s principal place of business is in Woodside, CA.
Norland manages and provides investment advisory services to multiple private investment vehicles
(each a “Private Vehicle” or “Client” and collectively, the “Private Vehicles” or “Clients”), which
are typically structured as limited partnerships or limited liability companies and managed by a general
partner or managing member, as applicable (the “General Partner” or “Managing Member”) which is
an affiliate entity of Norland. Each Private Vehicle is formed to make direct and/or indirect investments,
including any follow-on investments, in the equity or equity-related securities of one or more non-public
operating businesses (each a “Portfolio Investment”).
Norland seeks to source, evaluate, acquire and manage investments in operating businesses, principally
through equity or equity-oriented securities that provide Norland with control rights in respect of
such businesses. Norland may also source, evaluate, acquire and manage minority equity investments and
debt-securities that offer equity-like returns in operating businesses, in each case, preferably with a view
to attaining a control position.
Norland seeks capital commitments (“Commitments”) on an ongoing basis from sophisticated
investors, including family offices and investment funds (“Investors”), to invest in one or more Private
Vehicles that are managed by Norland. Norland provides investment management services on a
discretionary basis to such Private Vehicles relating to various investment strategies, predominantly,
relating to venture and private equity investments in operating businesses, principally through equity,
equity-oriented, or debt securities which offer equity-like returns.
Norland tailors its advisory services to the specific investment objectives and restrictions of each
Private Vehicle,
pursuant to the investment guidelines and restrictions set forth in each Private
Vehicle’s limited partnership agreement, investment management agreement, subscription agreements
and/or other governing documents (collectively, the “Governing Documents”). The investment
management agreement and other relevant Governing Documents will generally be established at the
time of entry into the applicable advisory relationship.
Norland does not participate in wrap fee programs.
As of December 31, 2023, Norland managed approximately $294,889,308 million in discretionary
regulatory assets under management in the Private Vehicles.
Additional detailed information about Norland is provided in this Brochure, including information about
Norland’s advisory services, investment approach, personnel, affiliations, and risk factors.
More complete information about Norland, and the particular investment objectives, strategies,
guidelines and risks associated with Commitments to a Private Vehicle, is included in materials provided
to prospective Investors addressing Norland’s role and responsibilities with respect to Investors’
Commitments, which materials are made available to prospective Investors to a Private Vehicle only by
Norland (or another party authorized by the Norland to do so). Prospective Investors must consider for
themselves whether a Commitment to a Private Vehicle created and managed by Norland meets their
investment objectives and risk tolerance prior to investing, as Norland does not provide individualized
advice to Investors.
The descriptions set forth in this Brochure of specific advisory services that we offer to our clients, and
investment strategies pursued and investments made by us on behalf of our clients, should not be
understood to limit in any way our investment activities. We may offer any advisory services, engage in
any investment strategy and make any investment, including any not described in this Brochure, that we
consider appropriate, subject to each client’s investment objectives and guidelines. The investment
strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a
substantial loss of capital. There can be no assurances that the investment objective of any client will be
achieved.