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Adviser Profile

As of Date 07/26/2024
Adviser Type - Large advisory firm
Number of Employees 12
of those in investment advisory functions 8
Registration SEC, Approved, 7/27/2023
Other registrations (2)
Former registrations

AIP MANAGEMENT LP

AUM* 521,375,762
of that, discretionary 521,375,762
Private Fund GAV* 521,375,762 63.23%
Avg Account Size 104,275,152
SMA’s No
Private Funds 5
Contact Info 832 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
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count5 GAV$521,375,762

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Brochure Summary

Overview

AIP is an independent private investment firm founded in 2019 by Bradford Rossi and Philip Wright (collectively, the “Principals”) and is headquartered in Houston, Texas. AIP serves as an investment manager and provides discretionary advisory services to a number of pooled investment funds, including investment funds privately offered to qualified investors in the United States and elsewhere (each, a “Fund” and together with any future pooled investment vehicles to which AIP or its affiliates provide investment advisory services, including co- investment vehicles where the context so requires, the “Funds”). The Funds are generally structured as private equity funds that invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” AIP’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing, and monitoring investments and achieving dispositions for such investments. An affiliate of AIP acts as the manager or general partner of each Fund and from time to time, the Principals or other affiliated personnel of AIP or its affiliates may serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Funds have invested. AIP thematically invests in high-growth companies within defensive industrial subsectors, including industrial services, niche manufacturing, value-added distribution, waste management, environmental services, and critical infrastructure services. AIP seeks to partner with experienced management teams that can benefit from its operational enhancement capabilities and active, hands-on involvement, allowing the Firm to execute buy-and-build strategies. All discussions of any private fund offered by AIP in this brochure, including but not limited to their investments, the strategies used in managing the Funds,
the fees and other costs associated with an investment in the Funds, and conflicts faced by the Firm in connection with the management of the Funds, are qualified in their entirety by reference to each Fund’s respective offering memorandum, limited partnership agreement and/or advisory agreement (collectively, “Governing Documents”). With respect to each Fund that AIP manages, AIP tailors its investment advisory services to the strategies and conditions set forth in the Fund’s respective Governing Documents, rather than the individual needs of any Fund’s underlying investors (hereinafter “Investors”). In addition, the Governing Documents of Funds may, in certain limited circumstances, impose restrictions on investing in certain securities or types of securities, for example in connection with regulatory or compliance reasons. As a general matter, in the context of any Fund AIP does not tailor its services to take into account any specific conditions of any Investor, and Investors generally may not prescribe additional investment restrictions beyond those described in the applicable Governing Documents. In certain cases, the Funds or the general partners of such Funds may enter into side letter agreements (“Side Letters”) with certain Investors in a Fund that have the effect of establishing rights under, or supplementing or altering the terms of, the applicable Governing Documents (including without limitation, “most favored nations” rights, economic terms, excuse rights transfer rights, transparency rights, reporting rights, capacity rights, and approval rights and certain other protections, acknowledgments, confirmations and agreements). Once invested in a Fund, Investors generally cannot impose additional investment guidelines or restrictions on such Fund. As of December 31, 2023, AIP managed $521,375,762 in assets on a discretionary basis. The Firm does not currently manage any non-discretionary assets and does not participate in any wrap fee programs.