Beringea, LLC (“Beringea”, “we”, “us” or “our”) is a Michigan-based firm that provides investment advisory
services to private investment funds (referred to herein as “Clients”, “Partnerships” or “Funds”) that
invest primarily in privately traded equity and other securities, including interests in various entities.
Beringea currently provides investment advice to five private equity funds: Michigan Growth Capital
Partners, LP, Michigan Growth Capital Partners II, LP, Michigan Growth Capital Partners III, LP, Michigan
Growth Capital Partners IV, LP and serves as a sub-advisor to Michigan Growth Capital Partners SBIC, LP.
The management and control of each Partnership is vested in its general partner or similar managing
entity (each a “General Partner”). Each General Partner is affiliated with Beringea. The investors in the
Partnerships (“Limited Partners”) take no part in the management or control of the Partnerships and have
no authority or right to act on behalf of the Partnerships in connection with any matter.
The General Partner of each Partnership has delegated certain of its rights, power, authority, duties and
responsibilities to Beringea pursuant either to (i) a Partnership’s organizational documents (a “Partnership
Agreement”) or (ii) an investment management agreement (an “Investment Management Agreement”).
Beringea has the authority and right to act on behalf of the Partnership to the extent (but only to the
extent) such authority or right is provided for in the relevant Partnership Agreement, or Investment
Management
Agreement. Each Client is furnished with a copy of the relevant Partnership Agreement
and/or Investment Management Agreement as in effect from time to time upon request. Beringea is not
obligated to structure any investment in order to address or give effect to the individual objectives or
considerations of any investor or group of investors.
Beringea’s advisory services consist of identifying investment opportunities and making investments, as
well as managing and disposing of investments in adherence with the specific goals, strategies and
objectives of each Fund.
Michigan Growth Capital Partners, LP, Michigan Growth Capital Partners II, LP, and Michigan Growth
Capital Partners III, LP are co-managed by Beringea and the GCM Customized Fund Investment Group LP.
Michigan Growth Capital Partners IV, LP is managed by Beringea. Beringea is a sub-advisor to GCM
Customized Fund Investment Group LP for Michigan Growth Capital Partners SBIC, LP.
Michigan Growth Capital Partners SBIC is licensed as a Small Business Investment Company by the Small
Business Administration.
Beringea, through General Partner entities, currently manages approximately $361 million of assets on a
non-discretionary basis, identified as the “Beringea Series” on the December 31, 2021 SEC Form ADV and
$49 million of assets on a discretionary basis
Beringea was founded by Charles Rothstein in 1988. In 2001, Beringea purchased Proven Holdings
Limited, a London-based UK Firm (Beringea LLP). Beringea is currently owned by Charles Rothstein and
Malcolm Moss.