Overview
A.DescriptionoftheAdvisoryFirm
Ahoy Capital Management, LLC (conducting its advisory business under the name Ahoy
Capital), a Delaware limited liability company, is an investment advisory firm that was
foundedin2018.Thefirmisamanagerofprivateequityfundsoffunds,eachorganizedasa
partnership (referred to as an “Ahoy Fund” or “Fund”). Ahoy Capital currently provides
discretionaryinvestmentadvisoryservicesfor8Funds.
EachFundhasanassociatedgeneralpartner(each,a“GeneralPartner”andtogether,the
“GeneralPartners”).
TheprincipalownerofAhoyCapitalisChristopherDouvos.
B.TypesofAdvisoryServices
AhoyCapitalprovidesdiscretionaryinvestmentadvisoryservicestotheFunds,whichare
privateinvestmentvehicles,bymanagingtheinvestmentoftheirassets.AhoyCapitalseeks
toprovidetheinvestorsofeachFundtheopportunitytorealizesignificant,long-termcapital
appreciation through investment in a select group of private equity partnerships (the
“Portfolio Partnerships”) managed by third-party managers. Ahoy Capital’s investment
adviceisgenerallylimitedtotheselectionofthesePortfolioPartnerships,andincertaincases
directco-investment,foreachFund’sportfolio.
TheFirm’sstrategyisdescribedintheFunds’limitedpartnershiporlimitedliabilitycompany
operatingagreement,andsubscriptiondocuments(collectively,the“GoverningDocuments”)
anditsmarketingmaterials.
TheFundsofferinterestsonlytocertainsophisticatedinvestorsandadmissionintheFunds
is
not open to the general public. Interests are sold only to qualified investors who are
“accredited investors” under Rule 501 of Regulation D of the Securities Act of 1933, as
amended, and “qualified purchasers” as such term is defined in Section 2(a)(51) of the
InvestmentCompanyActof1940,asamended.
C.ClientTailoredServicesandClientImposedRestrictions
Ahoy Capital neither tailors its advisory services to the individual needs of investors nor
acceptsinvestor-imposedinvestmentrestrictionswithrespecttotheFunds.Ingeneral,each
Fundisablindpool.
D.WrapFeePrograms
AhoyCapitaldoesnotparticipateinwrapfeeprograms.
E.AmountsUnderManagement
AsofDecember31,2022,AhoyCapital(includingtheGeneralPartners)had$444,070999of
regulatoryassetsundermanagementonadiscretionarybasis.AhoyCapitaldoesnotmanage
anyassetsonanon-discretionarybasis.