Levco Capital LP (“Levco”) provides discretionary investment management services solely to Collaborative Capital,
LLC (“Collaborative”). Collaborative is a “fund of funds” that invests primarily in private equity funds whose
strategies include but are not limited to buyout, growth equity, venture capital, distressed debt and real estate.
Collaborative also invests in selected single-investment funds (many of which are co-investments offered by the
managers of the above-mentioned private equity funds) and, on a limited basis, secondary portfolios (which include
interests in companies and/or private equity funds), hedge funds and operating companies. These private equity
funds, single-investment funds, secondary portfolios, hedge funds and operating companies are referred to in this
Brochure as the “Underlying Funds.” From time to time, Collaborative offers a new class (each, a “Class”) of limited
liability company interests to invest in one or more Underlying Funds.
Levco manages Collaborative’s assets in accordance with Collaborative’s private placement memorandum and
limited liability company agreement, as supplemented and/or amended by the relevant Class supplements
(collectively, “Offering Documents”). Investors may not place restrictions on Levco’s investing for Collaborative.
Levco’s investment management services provided to Collaborative primarily consist of sourcing, vetting, and
selecting Underlying Funds, monitoring the performance of these Underlying
Funds and performing certain
administrative services. Levco follows the investment objective and policies as specified in Collaborative’s Offering
Documents.
Levco was founded in 2000 as Levco Capital, LLC and was reorganized in March 2018 as a limited partnership and
renamed Levco Capital LP, the general partner of which is Levco Capital GP LLC. Levco’s principal owners are Irwin
Levy (who serves as Co-Chief Executive Officer and Co-Chief Investment Officer) and Jon Levy (who serves as Co-
Chief Executive Officer and Co-Chief Investment Officer).
As of December 31, 2023, Levco managed approximately $550,300,000 in regulatory assets under management on
a discretionary basis via Collaborative, including committed capital that may be called by Collaborative from its
members.
Levco also provides non-discretionary investment advisory services to a separately managed account client who is a
high net worth individual (the “Account Client”), including conducting periodic reviews and making non-binding
recommendations based on such reviews regarding the selection and performance of asset managers (who are not
affiliated with or related to Levco) (the “Asset Managers”) to manage and invest a designated portion of the Account
Client’s assets on a discretionary basis. Given the nature of these non-discretionary advisory services performed by
Levco, and that Levco has no trading authority, Levco has no regulatory assets under management attributable to
the Account Client.