VARIANT EQUITY ADVISORS, LLC other names

{{ Info.Overview }}
Revenue: {{ Info.Revenue | formatUSD }} Headquarters: {{ Info.Headquarters }}
{{ Info.Homepage }}

Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

2 -60.00%

of those in investment advisory functions:

2 -60.00%

Registration:

SEC, Approved, 4/27/2020

Other registrations (1)
Former registrations

VARIANT EQUITY ADVISORS, LLC

AUM:

407,746,320 -24.12%

of that, discretionary:

407,746,320 -24.12%

Private Fund GAV:

407,746,320 -24.12%

Avg Account Size:

203,873,160 -24.12%

SMA’s:

NO

Private Funds:

2

Contact Info

1 ( xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
537M 461M 384M 307M 230M 154M 77M
2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 2 $407,746,320

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM # funds
LONG ARC CAPITAL LP - - 553.6m - - - - 553.6m 598.0m 9
NEW SILK ROUTE - - 536.9m - - - - 536.9m 536.9m 2
COMMERCE STREET INVESTMENT MANAGEMENT - - 75.8m - - - - 75.8m 745.1m 2
BLACK BAY ENERGY CAPITAL, LLC - - 500.0m - - - - 500.0m 500.0m 6
TRISPAN (USA) LLC - - 659.0m - - - - 659.0m 659.0m 12
SEASIDE EQUITY PARTNERS - - 313.8m - - - - 313.8m 651.7m 6
SPEYSIDE FUND ADVISERS LLC - - - - - - - - 77.6m -
SOLACE CAPITAL PARTNERS, L.P. - - 640.6m - - - - 640.6m 640.6m 1
BOYNE CAPITAL - - 574.2m - - - - 574.2m 574.2m 5
FINBACK INVESTMENT PARTNERS - - 879.7m - - - - 879.7m 818.4m 9

Private Funds



Employees




Brochure Summary

Overview

Variant is a Los Angeles-based private investment management firm focused on the acquisition, holding and distribution or other disposition of securities, with a focus on corporate divestitures and similar operationally intensive transactions, through its related investment vehicles. Variant was founded in 2017. The direct owner of Variant is Variant Equity Holdings, LLC and its indirect owner is Farhaad Chanduwadia, an individual. Variant provides discretionary investment advisory services to privately offered pool investment vehicles that are sometimes individually referred to as a “Fund,” and collectively as the “Funds.” The Funds are typically Delaware limited partnerships that are exempt from registration under the U.S. Investment Company Act of 1940, as amended (the “Investment Company Act”), and whose interests will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”). In providing services to the Funds, Variant formulates an investment objective, directs and manages the investment and reinvestment of the Funds’ assets, and provides periodic reports to the investors in their respective Funds (each, an “Investor” and collectively,
the “Investors”). Variant manages the assets of the Funds in accordance with the terms of the Funds’ applicable offering documents, limited partnership agreements and other governing documents (collectively, “Governing Documents”). Variant does not provide investment advice to separately managed accounts nor does it provide investment advice to individual Investors. However, the Firm or its affiliates may from time to time enter into a side letter or similar agreement with certain Investors that may entitle such Investors to rights (including economic or other terms) under or altering or supplementing a Fund’s Governing Documents as to those Investors only. Such agreements may provide more favorable terms with respect to (i) opting out of particular investments, (ii) reporting obligations of the Fund; (iii) transfers to affiliates, (iv) co-investment opportunities, (v) withdrawal rights due to adverse tax or regulatory events, and (vi) consent rights to certain Governing Document amendments. As of December 31, 2023, Variant managed Regulatory Assets Under Management of approximately US $407.7 million on a discretionary basis.