9AT: LAP LATIN AMERICAN PARTNERS

other names

LAP LATIN AMERICAN PARTNERS
EMP LATIN AMERICA
LAP LATIN AMERICAN PARTNERS LLC

Adviser Profile

As of Date	03/28/2025
ADV Location	WASHINGTON, DC, United States
Adviser Type - Large advisory firm
Number of Employees	11 -8%
of those in investment advisory functions	9 -10%
Registration	SEC, Approved, 07/18/2014
Other registrations (1)	SEC, ERA - Withdrawn, 06/30/2014

AUM^*	156,666,251 -24%
of that, discretionary	156,666,251 -24%
Private Fund GAV^*	156,666,251 -8%
Avg Account Size	78,333,126 -24%
SMA’s	No
Private Funds	2
Contact Info	+1 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

Fund Type	Count	GAV
Fund TypeHedge Fund	Count2	GAV$156,666,251

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser TERRA PARTNERS ASSET MANAGEMENT	Hedge Fund218.4m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV218.4m	AUM218.4m	#Funds3
Adviser 3B CAPITAL MANAGEMENT, LP	Hedge Fund236.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV236.1m	AUM236.1m	#Funds4
Adviser CREDIT CAPITAL INVESTMENTS	Hedge Fund118.5m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV118.5m	AUM264.6m	#Funds5
Adviser CABLE CAR CAPITAL, LP	Hedge Fund253.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV253.1m	AUM254.6m	#Funds4
Adviser ELDRED ROCK PARTNERS, LLC	Hedge Fund45.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV45.6m	AUM487.6m	#Funds2
Adviser PORTLAND HILL ASSET MANAGEMENT LIMITED	Hedge Fund136.9m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV136.9m	AUM151.6m	#Funds4
Adviser SPRINGHOUSE CAPITAL MANAGEMENT, LP	Hedge Fund167.6m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV167.6m	AUM167.6m	#Funds1
Adviser WESTERLY CAPITAL MANAGEMENT LLC	Hedge Fund288.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV288.0m	AUM288.0m	#Funds2
Adviser BARCA CAPITAL, LLC	Hedge Fund301.3m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV301.3m	AUM324.5m	#Funds2
Adviser BRIZO CAPITAL, LP	Hedge Fund136.1m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV136.1m	AUM240.6m	#Funds1

Brochure Summary

Overview

LAP is a private equity firm organized as a limited liability company under the laws of the State of Delaware. Mr. Teseo Bergoglio and Mr. James Martin founded LAP in 2009 and are its only shareholders. The investment activities of LAP are led by both Mr. Bergoglio and Mr. Martin (collectively the “Partners”), and a number of other investment professionals work with LAP to execute its investment strategy. LAP serves as an investment manager and provides discretionary advisory services to private investment partnerships (each a “Fund” or collectively the “Funds”). Typically, within each Fund structure there is a designated general partner (the “General Partner(s)”) and fund manager (the “Fund Manager(s)”). The Funds are organized to invest in companies with primary business activities located in Latin America and the Caribbean (the “Region”), and shall only make mezzanine and equity investments. As of December 31, 2023, the Adviser managed approximately $171 million in assets on a discretionary basis on behalf of the Funds. In providing services to the Funds, LAP formulates each Fund’s investment objectives, directs and manages the investment of each Fund’s assets, their divestment, and provides reports to investors. Investment advice is

provided directly to the Funds and not individually to the limited partners (the “Limited Partners”) of or lenders to the Funds (jointly the “Investors”). LAP manages the assets of the Funds in accordance with the terms of each Fund’s confidential limited partnership agreements, loan agreements and other governing documents applicable to each Fund (the “Fund Governing Documents”). All terms are generally established at the time of the formation of a Fund, and, unless amended by Investors, remain in effect until the applicable Fund is dissolved, wound up, and terminated. The Investors may not restrict any investments that comply with the investment guidelines, and except in limited circumstances, Limited Partners are not permitted to withdraw from a Fund prior to the Fund’s dissolution. Limited partnership interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the Funds are not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests in the Funds are offered and sold exclusively to Investors satisfying the applicable eligibility and suitability requirements, either in private transactions within the United States or in offshore transactions.

LAP LATIN AMERICAN PARTNERS

Adviser Profile

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Brochure Summary

Overview