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Adviser Profile

As of Date 06/07/2024
Adviser Type - Large advisory firm
Number of Employees 2
of those in investment advisory functions 2
Registration SEC, Approved, 07/08/2022
Other registrations (3)
Former registrations

BOWSIDE CAPITAL, LLC

AUM* 226,493,001 21.04%
of that, discretionary 226,493,001 21.04%
Private Fund GAV* 226,493,001 21.04%
Avg Account Size 56,623,250 21.04%
SMA’s No
Private Funds 4
Contact Info 843 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

Recent News

Reported AUM

Discretionary
Non-discretionary
200M 172M 143M 114M 86M 57M 29M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count4 GAV$226,493,001

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Brochure Summary

Overview

Bowside Capital, LLC (“Bowside”), a Delaware limited liability company, is a private investment firm focused on the private equity, small buyout market in North America. Bowside was founded in 2009 and is headquartered in Charleston, SC. Christian H. M. Albert is the principal owner and manager of Bowside. The following general partner entities (each, a “General Partner”) are affiliated with Bowside:
• Bowside Fund II GP, LLC
• Bowside Fund III GP, LLC
• Bowside Fund IV GP, LLC
• Bowside Fund V GP, LLC Each General Partner is deemed registered and subject to the Advisers Act pursuant to Bowside’s registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partners, which operate as a single advisory business together with Bowside. Except where specified, references to Bowside in this Brochure collectively refer to Bowside Capital, LLC and the General Partners. Bowside provides investment advisory services to Bowside Capital Fund II, L.P. (“Bowside II”), Bowside Capital Fund III, L.P. (“Bowside III”), Bowside Capital Fund IV, L.P., (“Bowside IV”) and Bowside Capital Fund V, L.P., (“Bowside V” and together with Bowside II, Bowside III, and Bowside IV, the “Bowside Funds”). Bowside II, Bowside III, and Bowside IV are private equity funds formed to invest in (i) primary commitments to small buyout funds, (ii) direct investments by co-investing with these small buyout funds and independent sponsors, and (iii) secondary purchases of limited partner interests in funds that meet the primary commitment target criteria of size and strategy. Bowside II targets private equity funds located in the U.S. with capital commitments of $100 million or less, while Bowside III and Bowside IV target private equity funds located in the U.S. or Canada with capital commitments of $150 million or less. Bowside Fund V targets investments in independent sponsor transactions and co-investments with small buyout funds in the U.S. Bowside’s investment advisory services to the Bowside Funds include the identification, evaluation, and selection of investment opportunities. Bowside performs due diligence in connection with such potential investments, negotiates investment terms, and provides on-going due diligence and performance monitoring for each Bowside Fund and its investments. Bowside serves as the investment advisor to all the Bowside Funds. Each of the Bowside Funds is structured to
have a distinct general partner responsible for the daily operations of the respective fund, and each general partner is an affiliate of Bowside. The general partner of each Bowside Fund is subject to the Advisers Act pursuant to Bowside’s registration in accordance with SEC guidance. Investment advice is provided directly to the Bowside Funds, subject to the discretion and control of the applicable general partner, and not individually to the investors in the Bowside Funds. Interests in the Bowside Funds are offered on a private placement basis and are not registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or foreign jurisdiction and may not be bought, sold, or transferred without compliance with all applicable federal, state, and foreign securities laws. Accordingly, to purchase limited partner interests in any Bowside Fund, investors must be “accredited investors” as defined in Rule 501(a) of Regulation D under the Securities Act and “qualified purchasers” as defined in Section 2(a)(51)(A) of the Investment Company Act of 1940, as amended (the “Investment Company Act”) and the rules promulgated thereunder. Bowside will tailor the specific advisory services with respect to each Bowside Fund based on the particular investment objectives, strategies, and risk limits described in the applicable confidential offering memorandum, limited partnership agreement, and investment advisory agreement. Since Bowside does not provide individualized advice to the investors in the Bowside Funds, prospective investors in the Bowside Funds must consider whether the Bowside Funds meet their investment objectives and risk tolerance prior to investing. Investors in the Bowside Funds participate in the overall investment program for the applicable Bowside Fund. Investors generally cannot impose restrictions on investments made by Bowside. Information about the Bowside Funds can be found in their offering documents, including the confidential offering memorandum. This brochure is designed solely to provide information about Bowside and should not be considered to be an offer of interests in the Bowside Funds or in any other investment vehicle managed by Bowside or its affiliates. Bowside does not participate in wrap fee programs. As of December 31, 2023, Bowside managed $200,456,046 in client assets across the Bowside Funds on a discretionary basis. Bowside does not manage any client assets on a non-discretionary basis.