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Adviser Profile

As of Date 02/26/2024
Adviser Type - Large advisory firm
Number of Employees 10 -9.09%
of those in investment advisory functions 7 -12.50%
Registration SEC, Approved, 03/14/2012
AUM* 309,523,380 63.21%
of that, discretionary 309,523,380 63.21%
Private Fund GAV* 309,523,380 47.64%
Avg Account Size 154,761,690 63.21%
SMA’s No
Private Funds 2
Contact Info 949 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
541M 463M 386M 309M 232M 154M 77M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count2 GAV$309,523,380

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Brochure Summary

Overview

Description of Advisory Firm ClearLight Partners Management, LLC, ClearLight Partners Management II, LLC and ClearLight Partners Management III, LLC (“ClearLight,” “we,” “our,” or “us”) are Delaware limited liability companies headquartered in Newport Beach, California. The inception dates of the firms are April 2000, April 2007 and January 2014, respectively. Michael Kaye is the principal owner, as he owns at least 25% of ClearLight Partners Management, LLC, ClearLight Partners Management II, LLC and ClearLight Partners Management III, LLC. ClearLight is a middle-market private equity firm. We invest in and contribute to the expansion of established and profitable middle-market businesses. ClearLight’s long-term perspective allows our management partners to focus on building companies with enduring value. Our investments are true partnerships and our management partners have significant equity stakes in the business they lead. Advisory Services Offered ClearLight serves as investment adviser to private equity partnerships (the “Funds”) that we have organized. The Funds seek to achieve attractive total returns through investments in middle-market businesses. This Form ADV Part 2A Brochure is not
an offer to sell, or a solicitation of an offer to purchase, membership interests in our Funds. These Funds are not publicly available and we are not offering or accepting new partnership interests. Interests in the Funds are not registered under the Securities Act of 1933, as amended (the “Securities Act”) or under state securities laws in reliance upon exemptions contained in the Securities Act and in state securities laws for transactions not involving a public offering. See Item 10 – Other Financial Industry Activities and Affiliations below for information regarding the Funds. For information about our discretionary authority, see Item 16 - Investment Discretion below. We describe the Fees charged for investment supervisory services below under Item 5 - Fees and Compensation. Tailored Services and Client Imposed Restrictions We manage the Funds according to the investment objectives outlined in the fund documents. Since the Funds are pooled investment vehicles, investors in the Funds may not impose restrictions on the investments held in the Funds. Assets Under Management As of 12/31/2022, ClearLight’s discretionary assets under management were $206,641,683.