A. Granite Bridge Partners LLC (the “Adviser”), a Delaware limited liability company formed in August 2017, is an investment advisory firm located in New York, New York that commenced business in July 2018. The Adviser was formed for the purpose of acting as the management company to one or more active or to be formed private investment funds and vehicles, sponsored or managed by the Adviser (each a “Fund” or “Client”, and collectively, the “Funds” or “Clients”).
The Adviser is a private equity firm and will invest in established lower middle market operating businesses with their headquarters or significant operations in North America (“Portfolio Company” or “Portfolio Companies”). The Adviser will provide investment advisory services on a discretionary basis to its Funds, which are restricted to sophisticated, qualified investors (“Investors” or “Limited Partners”). Currently, the Adviser provides investment advisory services to: (a) Granite Bridge Private Equity L.P., a sponsored private investment fund, (b) a special purpose vehicle accounted for in the Adviser’s ADV Part 1 Item 5, and (c) as noted in the Adviser’s ADV Part 1 Section 7.B.(2), the Adviser provides sub-advisory services to two separate funds in conjunction with their investments in special purpose vehicles managed by the Adviser.
The Adviser is led and managed by its four partners. The principal owners are Peter Petrillo, Jeffrey Gerson, Michael Goodman and Ryan Wierck (the “Principals”).
Each partner delivers specific contributions to the success of the Adviser and to its individual Portfolio Companies and fulfills specific roles in managing and leading the Adviser.
B. The Adviser intends to provide investment advisory services including, but not limited to, investigating, structuring and negotiating potential investments, managing the Fund’s investments and advising the Fund with respect to disposition opportunities to one or more Funds into which certain sophisticated and qualified investors will make investments. The general partner or equivalent of each Fund will be an affiliate of the Adviser (each a “General Partner”). The governing

documents of each Client may also provide for the establishment of parallel or other alternative investment vehicles in certain circumstances. Client investors may participate in such vehicles for the purposes of certain investments, and if formed, such vehicles would also become Clients of the Adviser. In this brochure, because it is uncertain whether such additional parallel or alternative investment vehicles will be classified as clients of the Adviser, when we refer to a Fund or Client, we are also referring to such additional parallel or alternative investment vehicles, if any.
The investment advisory services to be provided by the Adviser to each of its Clients will be related to investments in private company securities. The Adviser will focus its investments on Portfolio Companies in targeted industries, including consumer products, consumer-driven services such as education and healthcare services, business services, and niche manufacturing markets. The Adviser will acquire controlling interests, and will have representation on the boards of directors of its Portfolio Companies.
C. Each Client’s portfolio will be managed pursuant to an investment management agreement with the Client, an agreement of limited partnership or similar governing document, any investment guidelines attached thereto, the Client’s investment policy, and/or other governing documentation that may be entered into from time to time, and any applicable regulations. While it is anticipated that each of its Clients will follow the strategy stated above, the Adviser may tailor the specific advisory services with respect to each Client to the individual investment strategy of that Client.
In addition, the governing documents of Clients may, in certain limited circumstances, impose restrictions on investing in certain securities or types of securities, for example in connection with regulatory or compliance reasons. D. The Adviser does not participate in wrap fee programs.
E. As of December 31, 2023, the Adviser had approximately $ 95,225,181 of regulatory assets under management., all of which is managed on a discretionary basis.