Overview
Firm Description
Formed July 1, 2004, Beekman Investment Advisors, LLC (“Beekman” or “Firm”) is a private
equity firm dedicated to bringing financial and operational resources to lower middle-market
companies. Currently, Beekman advises four private equity funds: Beekman Investment Partners
II, LP (“BIP II”), Beekman Investment Partners III, LP (“BIP III) and affiliated Alternative
Investment Vehicles, Beekman Investment Partners IV, LP (“BIP IV”), and TBG Food Investors,
LP (“Food Investors”), collectively (the “Funds”). The Funds are the only clients of Beekman. All
information regarding the Funds can be found each Funds respective Private Placement
Memorandum (“PPM”).
Beekman makes all investment decisions on behalf of the Funds. Beekman’s primary
responsibilities are to identify, review, and select investment opportunities that can achieve the
investment objectives of the Funds. In addition, Beekman monitors all its investments to determine
whether to reduce, eliminate or increase investment allocation after the initial investment is made.
Beekman and its affiliates, Beekman Investment Group II, LLC (the general partner of BIP II),
Beekman Investment Group III, LLC (the general partner of BIP III and affiliated Alternative
Investment Vehicles) and Beekman Investment Group IV, LLC (the general partner of BIP IV and
Food Investors) also provide certain administrative and management services to the Funds.
Principal Owners
The principal owner and co-founder of Beekman is John G. Troiano. Other key members of
Beekman include co-founder and Managing Director Andrew
V. Marolda and Managing
Director Andrew Brown. Collectively these individuals form the Investment Committee for the
Funds managed by Beekman. In addition to Messrs. Troiano, Marolda and Brown, James
Clippard, Managing Director, joined the team in August 2016 with over 15 years of private
equity investing experience.
Types of Advisory Services
Beekman is a private equity manager targeting in the following industry sectors: Healthcare,
Consumer, and Business Services through its private funds. We seek to create value through
accelerating growth in partnership with lower middle-market management teams.
Tailored Relationships
Beekman manages each Fund in accordance with the objectives outlined in the respective PPM.
The investment advisory services are not tailored to needs of each limited partner.
The General Partner and/or Beekman may enter into other agreements with the limited partners
which have the effect of establishing additional rights or altering or supplementing the terms of
the PPM (referred to as “side letters”). It is Beekman’s policy to treat each limited partner fairly,
therefore the terms of these side letters are negotiable given each limited partner’s circumstance
and the nature of the investment.
In the sole discretion of the General Partner, limited partners with commitments of $25 million or
more may be offered the opportunity to co-invest in one or more underlying Portfolio Investments
of the Funds managed by Beekman.
Client Assets
As of December 31, 2023, we have approximately $1 billion in discretionary assets under
management.