DECATHLON CAPITAL MANAGEMENT II, LLC other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm


Number of Employees:

13

of those in investment advisory functions:

5


Registration:

SEC, Approved, 9/6/2016

Other registrations (3)
AUM:

427,554,177 -4.98%

of that, discretionary:

427,554,177 -4.98%

Private Fund GAV:

248,270,052 -6.52%

Avg Account Size:

71,259,030 -4.98%


SMA’s:

NO

Private Funds:

5

Contact Info

435 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
511M 438M 365M 292M 219M 146M 73M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Splash Beverage and Decathlon Capital Agree on Revenue-Based Funding Deal to Fuel Growth
03/31/2021

The company will use the Decathlon Capital investment to fund an aggressive Latin American sales strategy for TapouT, which is already experience strong growth, and expand its other beverage lines.

benzinga.com

Splash Beverage and Decathlon Capital Agree on Revenue-Based Funding Deal to Fuel Growth
03/31/2021

The company will use the Decathlon Capital investment to fund an aggressive Latin American sales strategy for TapouT, which is already experience strong growth, and expand its other beverage lines.

benzinga.com

Splash Beverage and Decathlon Capital Agree on Revenue-Based Funding Deal to Fuel Growth
03/31/2021

Splash Beverage, a fast-growing beverage group headed by former executives of Red Bull and Tradewinds Tea, has secured a revenue-based financing deal

wfmz.com

Decathlon Capital invests in Cartsquad
03/26/2021

Cartsquad, a leading global e-commerce distributor and brand developer, has accepted a significant investment from Decathlon Capital Partners to fund a series of strategic acquisitions as well as ...

pehub.com

PE-backed V5 Systems explores sale, TA, Hg-backed Mitratech reportedly locks down buyer, Vista’s 2022 Frontier Fellows Program
03/24/2021

On the block: Decathlon Capital Partners-backed V5 Systems, a maker of portable ‘OnSound’ gunshot detection devices, is seeking a buyer, sources familiar with the process told PE Hub.

pehub.com


Private Funds Structure

Fund Type Count GAV
Other Private Fund 5 $248,270,052

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Private Funds



Employees




Brochure Summary

Overview

General Information Decathlon Capital Management II, LLC is a Delaware limited liability company with its principal place of business in Utah. Decathlon was organized in 2013. Decathlon Clients Investment Advisory Services Decathlon and Decathlon Capital Partners, LLC (the “Relying Adviser”), a related entity that is under the common control of Decathlon, each provide – or may provide in the future, in the case of the Relying Adviser – investment advisory services to private investment vehicles. Decathlon and the Relying Adviser collectively conduct a single advisory business, are subject to the same code of ethics and set of written policies and procedures and are together filing a single Form ADV using umbrella registration. Accordingly, all references to “Decathlon” in this Brochure include the Relying Adviser. Decathlon provides investment advisory services to the following five private investment vehicles: (i) Decathlon Alpha II, L.P. (“Fund II”); (ii) Decathlon Alpha III, L.P. (“Fund III”); (iii) Decathlon Alpha IV, L.P. (“Fund IV”); (iv) Decathlon Alpha V, L.P. (“Fund V”); and (v) Decathlon Alpha Social Equality Fund, L.P. (“SEF”, each a “Fund” and collectively, the “Funds”). Decathlon also provides investment advisory services to Decathlon Specialty Finance, LLC (“DSF”), including its wholly-owned subsidiary Decathlon Growth Credit, LLC (“DGC”, together with DSF and the Funds, each a “Client”, and collectively, the “Clients”). The owners of DSF are all employees of Decathlon and the interests of DSF are not currently being offered to others. DSF and its subsidiary DGC provide credit financing with loans being originated with DSF and simultaneously sold to DGC. Each Client is not required or exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and each Client’s securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). As the investment adviser of each Client, Decathlon, along with each Client’s general partner (each, a “General Partner”) or Managing Members, identifies investment opportunities for, and participates in the acquisition, management, monitoring and disposition of investments of, the Clients. Decathlon seeks to provide equity-replacement funding to established, expansion-stage businesses exhibiting positive revenue growth rates, recurring revenue streams and modest current debt obligations, among other characteristics. The Clients’ investments are typically structured as high- yield secured debt obligations, at times subordinated to the rights of a senior creditor, to enhance returns and to provide downside protection. Although the primary focus of each of the Clients is on revenue-based financing structures, Decathlon may from time to time recommend other types of investments consistent with the respective Client’s investment strategy and objectives, as set forth in its offering documents. In carrying out and implementing the investment objectives and strategies of the Clients, Decathlon is authorized and empowered (i) to engage consultants, independent attorneys, independent accountants or such other persons as it may deem necessary or advisable; (ii) to receive, buy, sell, exchange, trade and otherwise deal in and with securities and other property of each Client; (iii) to open, maintain and close bank accounts; (v) to enter into, make and perform such contracts, agreements and other undertakings, and to do such other acts, as it may deem necessary or advisable, or as may be incidental to or necessary for the conduct of the business of each Client; (vii) to commence or defend litigation that pertains to each Client; (viii) to file on behalf of each Client all required local, state and federal tax returns and other documents relating to the Client; and (ix) to oversee and carry out the investment, divestment and management of each Client’s portfolio investments. Decathlon provides investment advisory services to each of the Clients pursuant to the terms of a separate investment advisory / management / servicing agreement or, in the case of each Fund, the Fund’s limited partnership agreement (each, “Fund Agreement”). Investment advice is provided by Decathlon directly to the Clients, subject to the direction and control of the affiliated General Partner or Managing Members of such Client and not individually to the investors in the Clients. Any restrictions on investments in certain types
of securities are established by the General Partner or Managing Members of the applicable Client and are set forth in the documentation received by each investor prior to investment in such Client. Once invested in a Client, investors cannot impose restrictions on the types of securities in which such Client may invest. Currently there are no restrictions on the types of securities in which a Client may invest. Type and Value of Assets Currently Managed All of Decathlon’s investment advisory services are provided on a discretionary basis. As of December 31, 2023, Decathlon managed $427,554,177 in regulatory Client assets under management. Principal Owners Decathlon’s principal owners are John Borchers, Wayne Cantwell and Spencer Thunell (the “Principals”). John Borchers. John co-founded Decathlon and is one of two Managing Directors. Prior to Decathlon, John spent 15 years with Crescendo Ventures (“Crescendo”), where he was involved in the development of over 30 emerging growth businesses as an investor, director or advisor. At Crescendo, John focused on investments in the software and technology-enabled service markets and also played a leading role in developing Crescendo’s international presence that included three years of work in Crescendo’s London office. Prior to joining Crescendo, John worked in the data warehousing and predictive analytics fields. He held various operational roles including a two-year posting to Sydney, Australia, where he opened the first Asia-Pacific office for a U.S.-based data- warehousing firm. John was also the founding venture member of the Masterminds Forum, an invitation-only group of Chief Investment Officer and Vice President-Level Information Technology thought-leaders from Fortune 200 companies. John received his MBA from Harvard Business School and a bachelor’s degree from the University of Richmond. Wayne Cantwell. Wayne co-founded Decathlon and is one of two Managing Directors. Prior to Decathlon, Wayne spent nine years with Crescendo, where he focused on investments in the semiconductor, enterprise infrastructure and consumer-device markets. Before Crescendo, Wayne spent 18 years in various operating roles in software and semiconductor companies. He served as President and Chief Executive Officer of Soisic SA, a French startup in the semiconductor intellectual property licensing business that was sold to ARM Holdings. Prior to Soisic SA, Wayne served as President and Chief Executive Officer of inSilicon Corporation, where he led the company through a very successful initial public offering and several acquisitions. Before assuming the role of Chief Executive Officer at inSilicon Corporation, Wayne was responsible for overseeing Phoenix Technologies’ worldwide sales and field operations where he was responsible for sales and development teams in North America, Europe, and throughout Asia. Wayne has extensive international experience, having run operations in Japan, Taiwan, Korea, France and England. Prior to his role with Phoenix Technologies, Wayne held various sales and engineering positions with Intel Corporation and NEC Corporation. Wayne has been involved in over 20 early-stage companies in Board of Directors and Advisory Board roles during his 36-year career. Spencer Thunell. Spencer is a Partner, and Decathlon’s Chief Financial Officer and Chief Compliance Officer. Spencer has participated in the completion of ~$800 million in financing and capital commitments over his career. Prior to joining Decathlon, Spencer spent four years as the Chief Financial Officer and Corporate Secretary of Crystal Peak Minerals Inc., a public company traded on Canada’s TSX Venture Exchange (TSXV: CPM). At CPM, Spencer’s responsibilities included oversight of FP&A, financial reporting, tax and regulatory compliance, internal controls, investor relations and capital markets. Prior to CPM, Spencer was the Chief Financial Officer of Land Equity Partners, LP and Land Equity Partners Fund II, LP – real estate private equity funds focused on land development in the Intermountain West region. Spencer began his career in public accounting with Ernst & Young in Palo Alto, California where he worked with both public and private company audit clients. Spencer holds bachelor’s and master’s degrees in accounting from the David Eccles School of Business at the University of Utah and is a licensed CPA in the State of California.