Founded in November 2017, Evolution Credit Partners Management, LLC (“Evolution,” “Adviser,” “we,”
“us,” “our” or the “Firm”), is a Delaware limited partnership. The Firm’s principal owners are Rene J.
Canezin and Michael P. Guarnieri. The Firm’s principal place of business is in Boston, Massachusetts.
The Firm provides investment advisory services on a discretionary and non-discretionary basis to its Clients,
which consist of Evolution Credit Partners I, L.P., Evolution Credit Partners I (Cayman), L.P., Evolution
Credit Opportunity Master Fund II A-L.P., Evolution Credit Opportunity Master Fund II B-L.P., Evolution
Credit Opportunity Fund II, L.P. Evolution Credit Opportunity Fund II (Parallel A), L.P., Evolution Credit
Opportunity Fund II (Parallel), L.P. and Evolution Credit Partners Trade Finance, L.P. (collectively referred
to as the “Pooled Investment Vehicles”), and holders of separately managed investments or accounts
(“Managed Accounts”). Collectively, the Pooled Investment Vehicles and Managed Accounts will be
referred to herein as the Firm’s clients (“Clients”).
The Clients are exempt from registration under the Investment Company Act of 1940, as amended (the
“Investment Company Act”), pursuant to Section 3(c)(7) of the Investment Company Act. Interests in the
Clients are privately offered only to “qualified purchasers” or “knowledgeable employees.” Generally, the
Client’s investors are high net worth individuals or institutions, such as universities, trusts, pensions, family
offices, and other professional investors.
Clients are managed in accordance with the investment objectives, strategies, restrictions, and guidelines,
as described in the relevant offering documents and/or investment advisory agreements. The Firm generally
does not tailor its advisory
services to the individual needs of those persons or entities that invest in the
Clients. The Firm provides investment advisory services to certain Managed Accounts on a non-discretionary
basis. The other Clients where the Firm has discretion may not typically impose restrictions on investing in
certain securities and other financial instruments.
In addition, the Firm has the right to enter into agreements, such as side letters, with certain investors in
the Clients that may in each case provide for terms of investment, including fee arrangements, that may be
different than the terms provided to other investors in the Clients. Additionally, the Firm has entered into
agreements with certain investors that are not affiliated with the Firm (the “Strategic Investors”), in
connection with the Strategic Investors making an investment in the Pooled Investment Vehicles. In
consideration for this investment, Strategic Investors are granted certain rights and are subject to certain
obligations that are different from those generally provided to other investors. The Strategic Investors have
no obligations or responsibilities to, and are not involved in the management of, the Firm.
Shares or limited partnership interests in the Clients are not registered under the U.S. Securities Act of
1933, as amended (the “Securities Act”), and the Clients are not registered under the Investment Company
Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests or shares in the Clients
are offered and sold exclusively to investors satisfying the applicable eligibility and suitability requirements, in
private transactions within and outside the United States.
As of December 31, 2023, the Adviser manages $2,529,389,527 of regulatory assets under management.