9AT: CAPITAL GENERATION PARTNERS LLP

CAPITAL GENERATION PARTNERS LLP

CAPITAL GENERATION PARTNERS LLP

Adviser Profile

As of Date	05/05/2026
Registration	SEC, Approved, 01/27/2016
ADV Location	LONDON, United Kingdom
Contact Info	44- xxxxxxx
Websites

AUM^*	4,120,830,623 35%
of that, discretionary	1,194,752,698 14%
Number of Employees	46
of those in investment advisory functions	26 -4%
Private Fund GAV^*	0
Avg Account Size	137,361,021 17%
% High Net Worth	10.00% -13%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm
- Outside the United States

Client Types

- High net worth individuals
- Pooled investment vehicles
- Charitable organizations
- Corporations or other businesses not listed above
- Other

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Reported AUM

3B 3B 2B 2B 1B 836M 418M

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

Overview of the Firm Capital Generation Partners (“CapGen”) is an investment adviser registered with the SEC under the Investment Advisers Act of 1940 (“Advisers Act”). CapGen was founded in October 2007 and registered with the SEC as an investment adviser on 27 January 2016. CapGen is based in London, United Kingdom, where it has been authorized and regulated by the U.K. Financial Conduct Authority since February 2008. CapGen is a structured as a limited liability partnership registered in England and Wales. CapGen is owned by Ian Barnard, Charlotte Thorne and Khaled Said (through Capital Generation Holdings Limited and Capital Generation Partners Services Limited). Investment Services CapGen provides discretionary investment management and advisory services to a select number of clients. These services include asset allocation, investment selection, portfolio construction, risk management, portfolio monitoring and reporting. The management and advice covers a broad range of securities, instruments, funds and other assets. In 2020, CapGen was appointed as the Portfolio Manager of a collective investment scheme, CapGen Partners RAIF

– CapGen Partners Portfolio (“Partners Portfolio”) to provide the investment services above to smaller clients. The Partners Portfolio targets a similar client base but is not expected to be sold to US clients. In 2023, CapGen launched its Private Capital Program (“PCP”) Luxembourg fund to complement its existing Private Capital offering but as a packaged solution. The fund had its first closing in January 2024. The PCP was created as a result of client feedback but is not sold to US clients at this current time. Client services CapGen has been designed around the interests of the client. Each portfolio is constructed from scratch and each client’s service model is created as part of the on-boarding process and designed to fit their needs. Clients may impose unique restrictions on the type of investments they want exposure to. Assets under Management As of January 2024, CapGen manages approximately $1,044,176,448 in discretionary assets, of which $219,800,118 is managed in the Partners Portfolio, and $2,007,509,157 in non-discretionary assets. Discretionary assets are those over which CapGen has full authority to make investment decisions.