AMULET CAPITAL PARTNERS, L.P. other names

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Adviser Profile

As of Date:

06/11/2024

Adviser Type:

- Large advisory firm


Number of Employees:

15

of those in investment advisory functions:

12


Registration:

SEC, Approved, 8/1/2017

Other registrations (1)
AUM:

2,679,428,369 52.31%

of that, discretionary:

2,679,428,369 52.31%

Private Fund GAV:

1,381,051,964 54.35%

Avg Account Size:

446,571,395 77.70%


SMA’s:

NO

Private Funds:

7

Contact Info

646 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 754M 503M 251M
2017 2018 2019 2020 2021 2022 2023

Recent News

Coming Out of COVID, Fertility Services Remain Uniquely Strong
03/02/2021

Perhaps the most notable of these transactions was the formation of U.S. Fertility by Shady Grove and private equity group Amulet Capital with the assets of IntegraMed, the nation's largest ...

Yahoo Finance

Sheppard Mullin
02/23/2021

We also work with many of the middle-market private equity funds that help to grow new regional and national health care companies, such as Varsity Healthcare Partners, Amulet Capital Partners, Cobepa, Bison Capital, and Arlington Capital. Eric ...

vault.com


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 7 $1,381,051,964

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Private Funds



Employees




Brochure Summary

Overview

The Registrant, a Delaware limited partnership and a registered investment adviser, and its affiliated entities, provide investment advisory services to investment funds privately offered to qualified investors in the United States and elsewhere. The Registrant commenced operations in June 2012. The Registrant’s clients include Amulet Capital Fund I, L.P. (“Fund I”), Amulet Capital Fund II, L.P. (“Fund II”), Amulet Capital Fund III, L.P. (“Fund III”), Amulet Capital Network Fund II, L.P. (“Network Fund”), Amulet Capital Remedy Co-Invest, L.P. (“Remedy”), and Stork SPV L.P. (“Stork”) (together with any future private investment funds to which Amulet Capital and/or its affiliates provide investment advisory services, the “Funds” and each, a “Fund”). Amulet Capital Fund GP, L.P., Amulet Capital Fund II GP, L.P., Amulet Capital Fund III GP, L.P. and Stork SPV GP, L.P., are general partner entities affiliated with the Registrant (together with any current or future affiliated general partner entities, the “General Partners” and each a “General Partner,” and the General Partners together with the Registrant and their respective current or future affiliated entities, “Amulet Capital”). Each General Partner is, or will be, subject to the Advisers Act pursuant to the Registrant’s registration in accordance with SEC guidance. This Brochure also describes the business practices of the General Partners, which operate as a single advisory business together with the Registrant. The Funds are private equity funds and invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” Certain Funds invest in a single portfolio company, including OHPE, Remedy, and Stork. The Network Fund invests in parallel and on substantially the same terms and in the same fixed percentage in Fund II portfolio investments subject to legal, tax, regulatory and other similar considerations. Amulet Capital’s 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. Where such investments consist of portfolio companies, the senior principals or other personnel of Amulet Capital or its affiliates 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. Amulet Capital’s 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, together with any relevant Memorandum, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds (generally referred to herein as “investors” or “limited partners”) 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 Partners generally 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, as permitted by the Governing Documents, Amulet Capital expects to provide (or agree to provide) investment or co-investment opportunities (including the opportunity to participate in co-invest vehicles) to certain investors, including investors in the Funds, other sponsors, market participants, finders, consultants and other service providers, portfolio company management or personnel, Amulet Capital personnel and/or certain other persons associated with Amulet Capital and/or its affiliates. Such co-investments often involve investment and disposal of interests in the applicable portfolio company at the same time and on the same terms as the Fund making the investment. However, 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). Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after such Fund’s completion of the investment to avoid any changes in valuation of the investment, but in certain instances could be well after the Fund’s initial purchase. Where appropriate, and in Amulet Capital’s sole discretion, Amulet Capital is authorized to charge interest on the purchase to the co-investor or co-invest vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs. However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. As of December 31, 2023, the Registrant managed approximately $2,679,428,369 in client assets on a discretionary basis. Amulet Capital Partners, L.L.C., a Delaware limited liability company, acts as the general partner of the Registrant. The Registrant is principally owned by Ramsey Frank and Jay Rose.