Rockwood Equity Partners, LLC (“Rockwood” or “Firm”) is a Denver, Colorado based private
equity investment advisory firm that provides portfolio management and investment advisory
services to private equity funds structured as Delaware limited partnerships. Rockwood also has
offices located in Cleveland, OH and New York, NY. Rockwood was founded in 1999 and
focuses on buyouts of lower-middle market North American businesses. Brett Keith and H. Josef
Merrill are the principal owners of Rockwood Equity Partners, LLC.
Rockwood provides investment advisory services to three primary funds, Rockwood Equity
Partnership Fund LP (“Fund II”), Rockwood Equity Partners III, LP (“Fund III”) and Rockwood
Equity Partners IV, LP (“Fund IV”). Rockwood also provides advisory services to two parallel
funds, Rockwood Equity Partners III-A, LP and Rockwood Equity Partners IV-A, LP (“Parallel
Funds”) that operates side-by-side on a pro-rata basis with Fund III and Fund IV, respectively.
Fund II, Fund III, Fund IV, and the Parallel Funds may be referred to collectively as the “Funds”.
Each Fund is a limited partnership, limited liability company or other entity formed under U.S.
laws and operated pursuant to one or more exemptions from registration under the Investment
Company Act of 1940 (the “Investment Company Act”). The Funds invest in different portfolio
companies directly or through one or more intermediate entities of the Partnership. Each
investment by a Fund is referred to as a “Portfolio Company”. The general partners of the Funds
are Delaware limited liability companies and are affiliates of Rockwood. Each GP has the power
and authority to delegate
the management of the Funds to Rockwood. See Item 10: Other
Financial Industry Activities and Affiliations for a list of entities affiliated with Rockwood that
serve as general partners to the Funds.
Interests in Rockwood Funds are privately offered, typically to institutional investors (for
example, public and private pension funds), certain high-net-worth individuals (for example,
individuals with at least $5 million in investment assets),family offices, investment entities,
trusts, and may include , directly or indirectly, principals, senior advisors or other current and
former employees of Rockwood, members of their families or service providers or their
employees retained by Rockwood to perform work for Rockwood, the Funds or the Portfolio
Companies.
Rockwood’s investment advice is limited to the investments made by the Funds. Rockwood’s
advisory services include general and day-to-day operations of the Funds and the acquisition and
disposal of, and any dealings with, investments by or for the Funds. Rockwood’s advisory
services are tailored to the investment strategies of the Funds. The investment strategy of the
Funds is to invest in private equity and equity related investments, such as sub-debt and senior
debt obligations, in lower-middle market companies within North America that are owned by
owner-operators, families, or are non-core to a corporate parent.
As of December 31, 2023, Rockwood managed $159,958,793 of regulatory assets under
management (which includes all uncalled capital commitments) on a discretionary basis.
Rockwood does not manage client assets on a non-discretionary basis.