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Adviser Profile

As of Date 07/03/2024
Adviser Type - Large advisory firm
Number of Employees 25
of those in investment advisory functions 8 14.29%
Registration SEC, Approved, 3/30/2012
AUM* 18,432,519,674 12.30%
of that, discretionary 18,432,519,674 12.30%
Private Fund GAV* 34,025,847,833 11.09%
Avg Account Size 921,625,984 1.07%
SMA’s No
Private Funds 21 3
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

Recent News

Reported AUM

Discretionary
Non-discretionary
16B 14B 12B 9B 7B 5B 2B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$630,520,102
Fund TypeOther Private Fund Count16 GAV$33,395,327,731

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Brochure Summary

Overview

Introduction SCHF (GPE), LLC (“SCHF”), a Delaware limited liability company, builds and manages global portfolios invested in different regions and assets. SCHF employs an approach that has its origins in the techniques of large foundations, trusts, and endowments as well as the more opportunistic and contrarian styles of leading family offices. For purposes of this Brochure, the “Adviser” means SCHF, together (where the context permits) with SCHF Management, L.P. (“SCHF Management”) and SCHF (GPE) KY LLC (“SCHF KY”). The firm was founded on January 28, 2010 and is privately-held. The principal owners of SCHF are Montague Island LLC and Alsace Oneida LLC. The majority of each of SCHF Management and SCHF is owned, directly or indirectly, by senior members of management, longtime employees of SCHF Management, and certain of their related estate-planning vehicles. The principal owners of SCHF Management are Keith Johnson and Kevin Kelly. The principal owner of SCHF KY is SCHF. SCHF Management and SCHF KY are under common control with SCHF, and SCHF Management possesses a substantial identity of personnel with SCHF. SCHF Management has responsibility for the day-to-day operations of the Investment Vehicles (as defined below) advised by SCHF, and SCHF KY is the investment manager of certain Investment Vehicles advised by SCHF. Types of Advisory Services SCHF provides investment advisory services to, and is general partner of, various investment funds that are primarily structured as limited partnerships and may be domiciled in the United States or abroad, at the discretion of the Adviser. The “Main Fund” consists of feeder funds (“Feeder Funds”) and master funds (“Master Funds”) in a multi-master/multi-feeder structure, pursuing a global investment program, as described further in Item 8. In addition to the Main Fund, the Adviser has also established, and may establish in the future, investment funds that are intended to pursue multiple co- investment opportunities generated in connection with the Main Fund (the “Co-Invest Funds”). The Adviser also from time to time establishes special purpose vehicles for the purpose of making co- investments separate from the Co-Invest Funds (the “Co-Invest Vehicles”), as further described in Item 11 below. The Main Fund, Co-Invest Funds and certain Co-Invest Vehicles that pay carried interest or other performance-based fees or compensation are referred to throughout this Brochure as the “Funds” and, collectively with all Co-Invest Vehicles, as “Investment Vehicles.” For the avoidance of doubt, references throughout this Brochure to “Funds,” “Investment Vehicles,” “Co-Invest Funds,” and “Co-Invest Vehicles” shall not be deemed to include any investment funds or vehicles advised by an invested manager (as defined in Item 8 - Investments in Underlying Managers). Investment advisory and supervisory services are provided by SCHF to the Funds pursuant to and in accordance with the respective limited partnership agreements and other governing documents of the Funds (the “Partnership Agreements”) and consist of investigating, identifying and evaluating investment opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and monitoring the performance of such investments and disposing
of such investments. Investors in the Funds should review the Funds’ offering and organizational materials for more detailed information. The Adviser is associated with a collection of private investment funds, general partner entities and management company entities that generally utilize the “Sequoia Capital” brand name and often are referred to colloquially as “Sequoia Capital”. Other than as described in Item 11 below, the Adviser and the Funds operate independently from other Sequoia Capital entities. A significant portion of the investment portfolios of the Funds consists of interests in private investment vehicles (e.g., investment funds, co-investments, and joint ventures) or accounts (collectively, “underlying funds”) managed by third parties or other investment advisers (collectively, “underlying managers”). The investment portfolios of the Funds also include other assets, including, but not limited to, publicly traded securities of operating businesses, structured credit, debt securities, investment contracts, derivatives, swaps, options, commodities, digital assets, currencies, real estate, fixed income securities, securities traded over the counter, and private or restricted securities acquired that are held directly by the Funds, held by the Funds in brokerage accounts or held in separate accounts owned by the Funds and managed by the Adviser or by underlying managers. SCHF has delegated responsibility for the day‐to‐day operations of the Funds to SCHF Management, which is an affiliated advisory company and relying advisor. SCHF has not, however, delegated to SCHF Management the authority to make actual investment acquisition and disposition decisions or to select third party managers or investment vehicles with or in whom to invest. SCHF may replace SCHF Management from time to time in its sole and absolute discretion and may assign to SCHF Management the right to receive management fees and reimbursements otherwise payable to SCHF by the Funds. The Funds are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”) and their securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). Investment advice is provided directly to the Funds and not individually to the investors in the Funds. Services are provided to the Funds in accordance with the Partnership Agreements and, if applicable, the private placement memorandum of the applicable Fund(s) (each, a “PPM”). Investment restrictions for the Funds, if any, are generally established in the Partnership Agreements and PPMs (collectively with any other organizational or offering documents of a Fund, a Fund’s “Governing Documents”) . The Adviser may, in its sole and absolute discretion, establish “Affiliated Funds” (as defined in Item 11 below) at any time, including vehicles utilizing non-partnership structures such as managed accounts. The Funds may also make use of “pooling vehicles” through which one or more entities or accounts makes investments in underlying funds or other assets. Wrap Fee Programs The Adviser does not sponsor wrap fee programs. Discretionary Assets Under Management As of December 31, 2023, the Adviser managed a total of $17,189,956,107 of client assets on a discretionary basis.