Overview
A. Colbeck Capital Management, LLC is a Delaware limited liability company that was formed in December
2009. The Firm currently serves as an investment adviser to pooled investment vehicles exempt from
registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”),
pursuant to Section 3(c)(7) of the Investment Company Act. In addition, the Firm may also provide
similar advisory services to, without limitation, separately managed accounts, proprietary accounts and
other investment vehicles in the future.
The Firm’s principal owner is Colbeck Partners IV, LLC, which is in turn owned by Colbeck Management
Holdco, LP (“Colbeck Management Holdco”). Mr. Jason Beckman and Mr. Jason Colodne (the
“Principals”) are the principal owners of Colbeck Management Holdco.
B. Colbeck is a loan origination platform whose objective is to make strategic debt investments that are
targeted to private borrowers and seek to maximize risk-adjusted returns. Colbeck provides
discretionary investment advisory services to pooled investment vehicles typically as part of a “master-
feeder” portfolio structure by which a number of the vehicles (the “Feeder Funds”) invest all of their
investable assets in a central investment vehicle (a “Master Fund” and together with the Feeder Funds,
each a “Fund” or “Client” or collectively, the “Funds”
or “Clients”).
C. The Firm manages the Funds in accordance with the investment objectives and limitations set forth in
each Fund’s respective private offering memorandum and limited partnership agreement, as applicable
(“Offering Documents”), and the investment management agreement between the Firm and each Fund.
The descriptions set forth in this Brochure of the advisory services that Colbeck offers to the Funds,
and investment strategies pursued, and investments made by Colbeck on behalf of the Funds, should
not be understood to limit the Firm’s investment activities. Subject to each Fund’s investment objectives
and guidelines as set forth in the Offering Documents, the Firm may, in its full discretion, offer any
advisory services, engage in any investment strategy and make any investment, including any not
described in this Brochure, that Colbeck considers appropriate.
The Firm does not tailor advisory services to the individual or particular needs of the investors in the
Feeder Funds. Information about the Feeder Funds, including their investment objectives and
strategies, are set forth in their respective Offering Documents.
D. The Firm does not participate in wrap fee programs.
E. As of December 31, 2023, Colbeck managed approximately $821,268,414 in assets on a discretionary
basis and $0 in assets on a non-discretionary basis.