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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 5
of those in investment advisory functions 3
Registration SEC, Approved, 3/30/2012
AUM* 544,516,292 -44.62%
of that, discretionary 544,516,292 -44.62%
Private Fund GAV* 544,516,292 -44.62%
Avg Account Size 90,752,715 -53.85%
SMA’s No
Private Funds 6 1
Contact Info 203 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
1B 1B 908M 726M 545M 363M 182M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count6 GAV$544,516,292

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Brochure Summary

Overview

J.H. Whitney Capital Partners, LLC, a Delaware limited liability company, is the sole member and owner of other limited liability companies which provide investment advisory and management services to certain private investment limited partnerships (the “Related Advisers”). J.H. Whitney Capital Partners, LLC, and such Related Advisers are collectively referred to as “Whitney Capital Partners”, and such private investment limited partnerships are collectively referred to as the “Whitney Funds”. The general partners of the Whitney Funds are limited liability companies that are related persons of Whitney Capital Partners (collectively, the “General Partners”). The Whitney Funds are excluded from the definition of investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and the limited partnership interests in the Whitney Funds were issued in transactions exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). Each of the Whitney Funds is a privately offered investment limited partnership focused on making private equity investments. Whitney Capital Partners, in conjunction with the General Partner of each Whitney Fund, identifies investment opportunities for such Whitney Fund and has responsibility for the acquisition, monitoring, management and disposition of such investments for such Whitney Fund. The investment management and advisory services are provided to the Whitney Funds pursuant to the terms of the Whitney Funds’ limited partnership agreements (collectively, the “Partnership Agreements”) as well as separate advisory agreements with the Whitney Funds (collectively, the “Advisory Agreements”). The Whitney Funds focus on private equity investing and receive capital commitments from their limited partners. Such commitments may be called down over
a limited period (generally six years) for the purpose of making new private equity investments (the “Commitment Period”). Typically, Whitney Capital Partners has had two Whitney Funds are actively investing, (i) one excluded from the definition of investment company under Section 3(c)(7) of the Investment Company Act, and (ii) one so excluded under Section 3(c)(1) of such Act. These two Whitney Funds co-invest in each investment pro rata based on their respective total capital commitments. When a substantial portion (generally 75-80%) of the total capital commitments of these Whitney Funds has been invested or committed for investment, Whitney Capital Partners can begin the process of forming and obtaining capital commitments for a new Whitney Fund or Funds. The most recent such Whitney Funds, J.H. Whitney VII, L.P., and Whitney Strategic Partners VII, L.P. (the “Whitney VII Funds”), are fully invested and are in their harvesting stage. In December of 2016, Whitney Capital Partners completed a stapled-secondary transaction in which new investors acquired a majority of the limited partner interests in the Whitney VII Funds and also made commitments to a new Whitney Fund, J.H. Whitney VII-A, L.P. (“JHW VII-A”), which provided capital for additional investments. J.H. Whitney VII-A-2, L.P. (“JHW VII-A-2”) was formed in 2023. It is anticipated that JHW VII-A-2 will be used to hold any JHW VII-A investments that are not expected to have a realization event until after JHW VII-A’s termination date. Whitney Capital Partners has been in business since 2004, although predecessor entities have been in business since as far back as 1946. The owners of Whitney Capital Partners are Paul R. Vigano and Robert M. Williams, Jr. As of December 31, 2023, Whitney Capital Partners had approximately $544,516,000 of client assets under management, all of which are managed on a discretionary basis.