Overview
SC Management is an investment advisory firm formed in 2018 and is a Delaware limited liability
company that is currently headquartered in New York, NY. As set forth in the Firm’s Form ADV
Part 1, Schedules A and B, the Firm is principally owned indirectly by Mr. Jason Stein and other
seed investors through entities under such persons’ control. Mr. Jason Stein and Mr. Daniel
Haimovic are Managers of SC Management (each a “Manager” and together, the “Managers”).
Types of Advisory Services
SC Management manages assets principally from growth equity investments and minority
investments made in connection with private equity buy-out transactions across consumer,
technology, and entertainment sectors. The Firm serves as an investment advisor to private equity
pooled investment vehicles formed as Delaware limited partnerships or limited liability companies
(each a “Fund” and collectively “the Funds”) with affiliates of SC Management serving as the
general partner or special member (in each case, referred to herein as a “Special Member”), as
applicable, of the Funds. The Firm may decide in the future to sponsor or manage additional
private investment funds or other clients, which may be domiciled in other jurisdictions.
SC Management manages Funds that pursue multiple investment opportunities or utilize special
purpose vehicles established to invest exclusively in a single portfolio company or real estate
holding. The Firm and affiliated general partner entities may (and do) form and serve (directly or
indirectly) as general partner (or in a similar management
role) of one or more Funds that are
operated as co-investment vehicles, alternative investment vehicles or other partnerships or
entities organized as determined in their sole discretion (each, an “SPV” or “Co-investment”).
The specific investment strategy and applicable mandates for each Fund are disclosed in the
Fund’s summary of terms, limited partnership agreement or limited liability company operating
agreement, series schedule and subscription documents (collectively, the “Governing
Documents”), as applicable.
The Funds offer limited partnership or membership interests, as applicable (“Interests”) to certain
accredited investors as described in response to Item 7 below (such investors are referred to
herein as “Investors”).
Client Tailored Services and Client Imposed Restrictions
Advisory services are tailored to achieve each Fund’s investment objectives. Investment advice
is provided directly to each Fund and not individually to the Investors. The Firm has the authority
to select which and how many portfolio companies to invest in and determine exit strategies,
subject to any restrictions as outlined in the applicable Fund’s Governing Documents.
In addition, certain SPVs may be (and have been) established to invest exclusively in a single
portfolio company.
The overall investment strategy or investment mandates of the Funds and SPVs is disclosed in
the Governing Documents for those entities.
Amounts Under Management
As of December 31, 2023, the Firm has approximately $631,402,171 in regulatory assets under
management.