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Adviser Profile

As of Date 03/13/2024
Adviser Type - Related adviser
Number of Employees 2
of those in investment advisory functions 2
Registration SEC, Approved, 12/7/2016
AUM* 5,483,164 -18.84%
of that, discretionary 5,483,164 -18.84%
Private Fund GAV* 5,483,164 -18.84%
Avg Account Size 2,741,582 -18.84%
SMA’s No
Private Funds 2
Contact Info 303 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
12M 11M 9M 7M 5M 4M 2M
2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeOther Private Fund Count2 GAV$5,483,164

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Brochure Summary

Overview

Axcent Private Capital, LLC (Axcent”) was formed in October of 2016 to provide discretionary investment advice to private investment vehicles (“Fund Clients”). Each Fund Client is typically formed to invest in a single private fund investment or in fund investments of a similar style or strategy (“Fund Investment”). Axcent is owned and controlled by Brian Rorick and Michael Beermann. Our Chief Compliance Officer is Andrew Armstrong. Mr. Rorick and Mr. Beermann are principals and financial advisors with Axcent’s advisory affiliate Aveo Capital Partners, LLC (“ACP”), a SEC registered investment adviser based in Englewood, Colorado. As an affiliate of ACP, Mr. Rorick and Mr. Beermann formed Axcent so that their respective investment advisory clients, who are each accredited investors, qualified clients, and/or qualified purchasers, will have opportunities to collectively invest in private investments at substantially lower individual investment minimums. Axcent also provides a degree of due diligence and investment monitoring with respect to the Fund Investments. All investors who choose to invest in a Fund Client do so on a non-discretionary basis and are required to execute a subscription agreement to purchase in interest in a Fund Client such as the Axcent Litigation Finance Fund, LP described below. Each Fund Client will have separate offering documents which include a private placement memorandum (“PPM”) and agreement of limited partnership (or operating agreement, “LPA”) and subscription agreement. Axcent will have discretionary authority to make Fund Investments. Each Fund Investment will have its own offering documents and we will provide copies of each Fund Investment PPM and LPA to investors. Investors are strongly encouraged to review both Fund Client and Investment Fund PPMs which contain detailed descriptions of each investment’s strategy and risk associated with investing in such. Axcent’s current Fund Clients include the Axcent Litigation Finance Fund, LP, which was organized to invest substantially all its assets in Longford Capital Fund II, LP, a Delaware limited partnership formed on March 28, 2016 (the “Longford Fund”). BRHT Management, LLC, a Colorado limited liability company formed on October 31, 2016, serves as the general partner (the “General Partner”)
of the Axcent Litigation Finance Fund, LP. Longford Investment Group II, LLC (the “Fund GP”) serves as the general partner of the Longford Fund. We encourage all investors to carefully review the private placement memorandum of the Longford Fund prior to investing in the Axcent Litigation Finance Fund, LP. Another of Axcent’s Fund clients is the Axcent Greenhouse Fund I, LLC (“Greenhouse Fund”). GH Fund I Management, LLC is the manager of the Greenhouse Fund and is also owned by Mr. Rorick and Mr. Beermann. The Greenhouse Fund was established initially to invest substantially of its all of its assets into seven different private loans issued by Natural Produce, LLC and/or its affiliated entities (“NP”) which comprised the Greenhouse Fund assets. Loans made by the Greenhouse Fund to NP were used to retire existing debt and/or provide working capital to fund the construction of additional greenhouses, located on the Rock family property, a 300-acre farm near Brighton, CO. In 2019, Natural Produce was restructured and recapitalized. As part of that process Natural Produce became Organic Vines and the existing debt held by the Greenhouse Fund was converted to an equity ownership in Organic Vines LLC. Axcent is currently evaluation additional Client Fund opportunities. As of December 31, 2023, Axcent had $5,483,164 in regulatory assets under management in two funds. The investments in any fund client or fund investment are suitable only for sophisticated investors for which an investment in such does not constitute a complete investment program and that fully understand and are willing to assume the risks involved in the fund client or fund investment’s specialized investment program. Investment in a fund client or fund investment entails significant investment and other risks, including possible adverse tax effects. Please refer to “certain risk factors,” “potential conflicts of interest” and “federal tax matters” set forth in the fund client and each fund investment’s ppm. Investors should invest only if they have the financial ability and willingness to accept the risks and lack of liquidity that are characteristic of investments such as the investment. The interests in each fund client or fund investment are subject to investment risks, including the possible loss of the amount invested.