Overview
RLJ Equity Partners, LLC, a Delaware limited liability company (“RLJ Equity”, “us”, “we” or “our”), is
based in Bethesda, MD, and has been in business since 2006. Our principal owner is the RLJ
Companies, LLC.
RLJ Equity provides investment advisory services to two (2) private pooled investment vehicle
organized as a limited partnership, RLJ Equity Partners Fund I, L.P. (“Fund I”) and RLJ Equity Partners
Fund II, L.P. (“Fund II”) or collectively, (the “Fund”). The Fund is closed-ended and has a term of 10
years with the option of two one-year extensions. The Fund is marketed primarily to institutional
investors. These investors purchased interests in the Fund, and investments are made at the Fund
level, not for individual investors in the Fund. As the investment adviser of the Fund, RLJ Equity, along
with the Fund’s general partner (the “General Partner”), identifies investment opportunities for, and
participates in the acquisition, management, monitoring and disposition of investments of the Fund.
The primary focus of RLJ Equity’s investment advisory services is researching and advising on
privately negotiated transactions in operating entities. Investments are predominantly in non-public
companies, although investments in public companies
are permitted under certain circumstances. One
or more of our Managing Partners/Directors or Principals generally serves on a portfolio company’s
board of directors to influence control or management of portfolio companies held by the Fund.
The advisory services for the Fund are further described in the Fund’s offering memorandum, limited
partnership agreement, and management agreement (collectively, the “Documents”). We do not vary
our investment advice from the terms of the Documents. Additionally, the Documents detail the various
investment restrictions that govern the types of investments the Fund may and may not make.
In accordance with common industry practice, the General Partner may enter into “side letters” or
similar arrangements with certain investors pursuant to which the General Partner grants the investor
specific rights, benefits, or privileges that are not made available to investors generally. These
arrangements typically clarify any regulatory, informational, and interpretational issues with the
Documents, and do not include changes in the financial terms.
As of December 31, 2023, we managed $230,309,066 of assets on a discretionary basis for the
Fund. We do not manage assets on a non-discretionary basis.