QUIET CAPITAL MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm


Number of Employees:

30 -9.09%

of those in investment advisory functions:

6 -14.29%


Registration:

SEC, Approved, 4/29/2020

Other registrations (2)
Former registrations

TACIT CAPITAL, LLC

AUM:

1,860,970,802 -2.76%

of that, discretionary:

1,860,970,802 -2.76%

Private Fund GAV:

1,860,970,802 -2.82%

Avg Account Size:

31,016,180 -2.76%


SMA’s:

NO

Private Funds:

60

Contact Info

415 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 969M 646M 323M
2020 2021 2022 2023

Recent News

New Hair Cuttery CEO says brand on firmer footing nearly a year after its Chapter 11 filing
03/08/2021

Tacit Salon Holdings, an affiliate of HC Salon and part of a larger portfolio held by private equity firm Tacit Capital LLC, had agreed to acquire the liabilities of the company and fund other ...

bizjournals.com

New York Sports Clubs' Former Owner Settles NY Attorney General Lawsuit Over Billing
03/03/2021

A group of lenders led by private equity firm Tacit Capital later took control of many Town Sports assets in exchange for $80 million in debt. Town Sports is now winding down. James plans to ...

money.usnews.com

New York Sports Clubs' former owner settles NY attorney general lawsuit over billing
03/03/2021

A group of lenders led by private equity firm Tacit Capital later took control of many Town Sports assets in exchange for $80 million in debt. Town Sports is now winding down. James plans to provide restitution to gym members with the $250,000 bond ...

Yahoo Finance

New York Sports Clubs' former owner settles NY attorney general lawsuit over billing
03/03/2021

A group of lenders led by private equity firm Tacit Capital later took control of many Town Sports assets in exchange for $80 million in debt. Town Sports is now winding down. James plans to provide restitution to gym members with the $250,000 bond ...

Yahoo Finance

New York Sports Clubs' former owner settles NY attorney general lawsuit over billing
03/03/2021

A group of lenders led by private equity firm Tacit Capital later took control of many Town Sports assets in exchange for $80 million in debt. Town Sports is now winding down. James plans to provide restitution to gym members with the $250,000 bond ...

Yahoo Finance

New York Sports Clubs' former owner settles NY attorney general lawsuit over billing
03/03/2021

A group of lenders led by private equity firm Tacit Capital later took control of many Town Sports assets in exchange for $80 million in debt. Town Sports is now winding down. James plans to provide restitution to gym members with the $250,000 bond ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 35 $221,286,846
Venture Capital Fund 25 $1,639,683,956

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Private Funds



Employees




Brochure Summary

Overview

Firm Description For purposes of this brochure, “Quiet” or “Firm” means Quiet Capital Management, LLC and shall include, where the context permits, the affiliated general partners of the Funds (as defined below) and other affiliates that provide advisory services to, and/or receive advisory fees from, the Funds. Quiet is a limited liability company formed in the State of Delaware. Quiet is a privately-held investment firm investing across multiple asset classes and opportunities. Quiet carefully deploys capital in venture, growth, private equity, and credit investments. The Firm has been in business since 2014 and the Firm’s controlling partners are Benjamin Mahdavi, Lee Linden, and Matthew Humphrey (the “Principals”). Quiet provides investment advisory services to private pooled investment vehicles (the “Funds”) that are exempt from registration under the Advisers Act and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Funds offer interests to certain qualified investors and make investments in multiple private companies. In addition, Quiet provides investment advisory services to certain private funds which generally are formed for the purpose of making one investment per series or limited partnership (the “SPVs” and, together with the “Funds”, the “Private Funds”). The Private Funds make primarily long-term private equity-related investments. In accordance with the Private Funds’ respective investment objectives, investments are generally made in companies doing business in technology enabled business models across a diverse range of end markets. The Private Funds invest primarily in private companies from pre-seed to growth equity rounds. Quiet’s advisory services consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments on behalf of the Private Funds, managing and monitoring the performance of such investments, and disposing of such investments. Such services are provided on a discretionary or non-discretionary basis, depending on the Private Fund. Quiet provides
investment advisory services to Private Funds in accordance with the limited partnership agreement (or analogous organizational document) of such Private Fund or separate investment advisory or investment management or portfolio management agreements (each, an “Advisory Agreement”). Investment advice is provided directly to the Private Funds, subject to the discretion and control of the applicable general partner, and not individually to the investors in the Private Funds. Certain investors in a Private Fund (the “investors” or “limited partners”) have opt-out rights with respect to certain investments. 6 | Page For a complete list and additional information about the Private Funds, refer to our Form ADV Part 1A, Schedule D, Section 7.B.(1) (Private Fund Reporting) available at: www.adviserinfo.sec.gov Principal Owners The principal owners of Quiet are Benjamin Mahdavi, Lee Linden, and Matthew Humphrey. Tailored Relationships Quiet manages each investment in accordance with the objectives outlined in the respective Offering Documents. The investment advisory services are not tailored to the needs of each limited partner. Quiet is permitted to enter into other agreements with the limited partners which have the effect of establishing additional rights or altering or supplementing the terms of the investment documents (referred to as “side letters”). It is Quiet’s policy to treat each limited partner fairly, therefore the terms of these side letters are negotiable given each limited partner’s circumstance and the nature of the investment. In the sole discretion of Quiet, limited partners in a Fund, service providers, venture partners, other sponsors, consultants, market participants, finders and/or other persons associated with Quiet and its affiliates may be offered the opportunity to co-invest in one or more underlying portfolio investments of the Funds managed by Quiet. Assets Under Management As of December 31, 2023, Quiet managed approximately $1,680,970,802 in discretionary assets.