Overview
For purposes of this brochure, the “Adviser” or “Quad-C” means Quad-C Management, Inc., a
Virginia corporation, together (where the context permits) with its affiliates that provide advisory
services to and/or receive advisory fees from the Funds (as defined below). Such affiliates may or
may not be under common control with Quad-C Management, Inc. but share a number of personnel
and/or equity owners with Quad-C Management, Inc. These affiliates may be formed for tax,
regulatory or other purposes in connection with the organization of the Funds (as defined below)
or may serve as general partners of the Funds.
The Adviser provides investment supervisory services to investment vehicles (the “Funds”) that
are exempt from registration under the Investment Company Act of 1940, as amended (the “1940
Act”) and whose securities are not registered under the Securities Act of 1933, as amended (the
“Securities Act”).
The Funds make primarily long-term private equity and equity-related investments, as well as
investments in debt instruments. In accordance with the Funds’ respective investment objectives,
the Funds generally invest in control buyout equity investments in established middle market
companies. The Adviser’s advisory services 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.
The Adviser may serve as the investment adviser or general partner to the Funds in order to provide
such services.
The Adviser provides investment supervisory services to each Fund in accordance with the limited
partnership agreement (or analogous organizational document) of such Fund or separate
investment and advisory, investment management or portfolio management agreements (each, an
“Advisory Agreement”).
Investment advice is provided directly to the Funds, subject to the discretion and control of the
applicable general partner, and not individually to the investors in the Funds. Services are provided
to the Funds in accordance with the Advisory Agreements with the Funds and/or organizational
documents of the applicable Fund. Investment restrictions for the Funds, if any, are generally
established in the organizational or offering documents of the applicable Fund.
The principal owners of Quad-C are Terrence D. Daniels, Stephen M. Burns and Anthony R.
Ignaczak. The Adviser has been in business since 1989. As of December 31, 2023, the Adviser
manages a total of $3.07 billion of client assets, all of which are managed on a discretionary basis.