ADVISORY BUSINESS
WAVE Equity Partners LLC, a Delaware limited liability company, was organized in 2008
and is headquartered in Boston, MA. Mark Robinson, Praveen Sahay, and U. Haskell
Crocker are the principal owners of WAVE (each a “Principal”).
WAVE provides discretionary investment advisory services to fifteen pooled investment
vehicles: WAVE Equity Fund LP, WAVE Equity Fund-A, LP, WAVE Equity SC SPV
LLC, WAVE Warehouse Fund LP, WAVE Equity Fund II (NQP) LP, WAVE AAC Co-
Invest II LLC, WAVE AAC-LIO Co-Invest III LLC, WAVE AAC Co-Invest I LLC,
WAVE Chasm Co-Invest I LLC, WAVE Chasm Co-Invest II LLC, WAVE Factorial
Energy LLC, WAVE Equity Fund III LP, WAVE Equity Warehouse LLC, WAVE Equity
Warehouse II LP, as well as WAVE Equity Fund II LP master fund and Magnetica S.A.
SICAV-RAIF WAVE Fund II EU Master Feeder Fund (collectively the “Private Funds”).
WAVE advises the Private Funds on matters related to the acquisition, disposition, and
management of interests in the Portfolio Companies managed by WAVE and its affiliates.
WAVE manages the assets of these Private Funds on a discretionary basis.
Each Private Fund is operated by an affiliate of WAVE which serves as general partner
(each, a “General Partner” and, collectively, the “General Partners”). These businesses
and the entities that hold them are referred to as the “Portfolio Companies.” The General
Partners have ultimate responsibility for decisions relating to management and operations
made on behalf of the Private Funds and have ultimate responsibility for the investment
decisions made by the Private Funds but have delegated certain responsibilities to WAVE.
WAVE provides discretionary investment management services to the Private Funds
pursuant to investment guidelines set forth in the relevant governing and offering
documents of the Private Funds, including any limited partnership agreement, investment
management agreement, private placement memorandum and/or subscription agreement,
as the case may be (each an “Offering Document”, and collectively, the “Offering
Documents”). WAVE does not tailor its advisory services to the individual underlying
investors (each an "Investor" and collectively the “Investors”), or provide Investors with
the right to specify, or restrict the Private Funds’ investment objectives or any investment
or trading decisions.
WAVE does not participate in wrap fee programs.
As of December 31, 2023, WAVE provides discretionary investment advisory services to
fifteen Private Funds with a total of $480,502,232 in assets under management.