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Adviser Profile

As of Date 11/20/2024
Adviser Type - Large advisory firm
Number of Employees 28 7.69%
of those in investment advisory functions 18 12.50%
Registration SEC, Approved, 08/05/2016
AUM* 1,565,527,207 1.13%
of that, discretionary 1,565,527,207 1.13%
Private Fund GAV* 868,744,107 -49.10%
Avg Account Size 195,690,901 -11.51%
SMA’s No
Private Funds 7
Contact Info 214 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
2B 1B 1B 885M 663M 442M 221M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count7 GAV$868,744,107

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Brochure Summary

Overview

The Filing Adviser, Align, Capital Partners, LP and the Relying Adviser Align Collaborate Management, LP (“Align or “Adviser”), a Delaware Limited Partnership, formed on October 23, 2023, by Christopher K. Jones and Robert A. Langley (collectively, the “Principals”). The Advisers’ principal place of business is in Shaker Heights, Ohio with another office in Dallas, Texas. The Filing Adviser and the Relying Adviser together have filed a single form ADV in reliance on the umbrella registration provisions provided in SEC Release No. IA-4509 (August 25, 2016). References herein to the Filing Adviser or the Relying Adviser include affiliated management companies of the Filing Adviser and the Relying Adviser, and references herein to the (“Adviser”) means the applicable Adviser(s) for a particular Fund and its affiliated management companies, and “Advisers” include the Filing Adviser, the Relying Adviser and their affiliated management companies. The Adviser provides advisory services on a discretionary basis to privately pooled investment vehicles, (the “Funds”) Aligns’ Funds are exempt from registration under the Investment Company Act of 1940, as amended (“1940 Act”), and whose securities are not registered under the Securities Act of 1933, as amended (“Securities Act”). Align Capital Partners GP I, LP, Align Capital Partners GP II, LP, Align Capital Partners GP III, LP, Align Collaborate GP I, LP, and ES EV Fund GP, LP are general partner entities affiliated with the Advisers (collectively the “General Partner” and together with the Advisers, (“Align”). The General Partner is registered under the Advisers Act pursuant to Aligns’ registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partner, which operates as a single advisory business together with the Advisers. The Funds are private equity funds and invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” Align 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. Although investments are made predominantly in non-public companies,
investments in public companies are permitted under certain circumstances. From time to time, where such investments consist of portfolio companies, the senior principals or other personnel of Align generally 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. Align advisory services to the Funds are detailed in the applicable private placement memoranda or other offering documents (each, a “Memorandum”), limited partnership or other operating agreements or governing documents (each, a “Partnership Agreement”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds participate in the overall investment program for the applicable Fund but may be excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the relevant Partnership Agreement. The Funds or the General Partner generally expect to enter into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights (including economic or other terms) under, or altering or supplementing the terms of, the relevant Partnership Agreement with respect to such investors. Additionally, from time to time and as permitted by the relevant Partnership Agreement, the Advisers expect to provide (or agree to provide) co-investment opportunities (including the opportunity to participate in co-invest vehicles) to certain investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, Align personnel and/or certain other persons associated with Align. Such co-investments typically involve investment and disposal of interests in the applicable portfolio company at the same time and on the same terms as the Fund(s) making the investment. However, from time to time, for strategic and other reasons, a co-investor or co-invest vehicle may purchase a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post-closing sell-down or transfer). As of December 31, 2023, Align manages approximately $1.5 billion in client assets on a discretionary basis.