Lavien was formed in the state of Delaware on February 14, 2012. Lavien is controlled and principally
owned by Michael Huber. Lavien and its affiliates provide investment management services to pooled
investment vehicles (referred to in this Brochure as the “Lavien Funds” or the “Funds”), that invest
primarily in public and private companies with a focus on media, communications and information-based
businesses. Some of the Lavien Funds are open to new capital commitments.
Lavien’s only clients are the Lavien Funds, each of which is not registered under the Investment Company
Act of 1940, as amended (the “Investment Company Act”), and whose securities are exempt from
registration under the Securities Act of 1933, as amended (the “Securities Act”).
A related person of Lavien serves as a general partner of each Lavien partnership (each, a “Fund GP”) and
each Lavien Fund is managed by Lavien or an affiliate (each, a “Fund Manager”). Each Lavien Fund is
governed by a limited partnership agreement or an operating agreement (each, a “Fund Agreement”) that
specifies the investment guidelines and investment restrictions applicable to such Fund. In addition, the
private placement memoranda or other offering materials prepared for the investors of each Lavien Fund
also contains information regarding the intended investment program for such Fund. Lavien, together with
the Fund Managers, provides investment management services to the Lavien Funds in accordance with their
respective investment mandates as described in the applicable Fund Agreements and, generally, the Lavien
Funds’ private placement memoranda or other offering materials.
Lavien and/or the related Fund Managers offers advice solely with respect to the investments made by the
Lavien Funds, which generally consist of public and private companies, by identifying investment
opportunities and participating in the acquisition, management, monitoring and disposition of investments
for each Lavien Fund.
The Lavien Funds invest primarily in public or private companies that focus on media, communications
and information-based businesses. The private investments employ a variety of investment structures,
including traditional acquisitions, management buyouts, spinouts, recapitalizations and minority equity
investments. The private investments generally take the form of privately-negotiated investment
instruments, including unregistered equity of both U.S. and non-U.S. issuers.
Lavien provides services to each Lavien Fund pursuant to the Fund Agreements, which set forth the terms
of the services to be provided by the applicable Fund Manager. Lavien and the Fund Managers tailor their
advisory services to each Lavien Fund as described in the investment mandate of the relevant Lavien Fund’s
Fund Agreement and, generally, such Lavien Fund’s private placement memorandum or other offering
materials.
Lavien looks to invest in companies with management teams where their experience, relationships and
capital can help create long-term value.
Each Fund Manager has discretionary authority with respect to investment decisions for the Lavien Funds.
As of December 31, 2022, Lavien manages a total of approximately $271 million of client assets, all of
which is managed on a discretionary basis.