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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 5 -16.67%
of those in investment advisory functions 4 -20.00%
Registration SEC, Approved, 03/29/2012
AUM* 172,631,995 -4.33%
of that, discretionary 172,631,995 -4.33%
Private Fund GAV* 172,631,995 -4.33%
Avg Account Size 86,315,998 -4.33%
SMA’s No
Private Funds 2
Contact Info 310 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
223M 191M 159M 128M 96M 64M 32M
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$172,631,995

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Brochure Summary

Overview

Vicente Capital Partners is a private investment management firm, including several investment advisory entities and other organizations affiliated with the Management Company (collectively, “Vicente”). The Management Company, a Delaware limited liability company and a registered investment adviser, provides discretionary investment advisory services to private investment funds. The Management Company commenced operations in August 2005. Growth Equity Advisors, L.P., a Delaware limited partnership (the “General Partner” and, together with the Management Company, the “Advisers”), is an affiliated adviser of the Management Company. The Advisers’ clients include the following private equity funds (each, a “Partnership” and, collectively, the “Partnerships” and, together with any future private investment funds to which Vicente and/or its affiliates provide investment advisory services, “Private Investment Funds”):
• Vicente Capital Long-Term Appreciation Fund, L.P. (“VCLTAF”); and
• Vicente Capital Partners Friends’ Fund, L.P. (formerly GEF Friends’ Fund, L.P.) (the “Friends Fund”). The General Partner serves as the general partner to each of the Partnerships and is authorized to make the investment decisions on behalf of the Partnerships. The final closing of the Friends Fund took place in January 2009, and the final closing of VCLTAF took place in January 2020. The Management Company provides the day-to-day advisory services to the General Partner and the Partnerships. The General Partner is subject to the Advisers Act pursuant to the Management Company’s registration in accordance with SEC guidance. This Brochure describes the business practices of the Advisers which operate as a single advisory business. References contained in this Brochure to the strategy and operations of the General Partner should be read to include the activities of the Management Company and other Vicente affiliates that collectively engage in the management of the Partnerships’ portfolio companies. The Partnerships invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” The Advisers’ investment advisory services to the Partnerships consist of identifying and evaluating investment opportunities, negotiating
investments, managing and monitoring investments and achieving dispositions for such investments. Although investments are made predominantly in non-public companies, investments in public companies are permitted under the Governing Documents (as defined below) of the Partnerships. Where such investments consist of portfolio companies, the senior principals and/or other personnel of the Advisers or their affiliates expect to serve on a portfolio company’s boards of directors (or similar bodies) or otherwise act to influence control over management of portfolio companies held by the Partnerships. The Advisers’ advisory services for the Partnerships are detailed in the relevant private placement memoranda or other offering documents or statements (each, a “Memorandum”), limited partnership or other operating agreements (each, a “Partnership Agreement” and, together with any relevant Memorandum, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” The General Partner has retained the Management Company to provide investment advisory services to the Partnerships. The advisory services of the Management Company are described herein. Investors in the Partnerships (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Partnership, but in certain circumstances are permitted to be excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the Governing Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between the Advisers and any investor. The Partnerships or the Advisers have entered into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, or altering or supplementing the terms (including economic or other terms) of, the Governing Documents with respect to such investors. As of December 31, 2023, the Management Company managed approximately $172,631,995 in client assets on a discretionary basis. The Management Company is principally owned by Joseph E. Ferguson, Nicholas C. Memmo and Klaus E. Koch.