Prysm  Capital,  a  Delaware  limited  partnership  and  a  registered  investment  adviser, 
provides investment advisory services to investment funds privately offered to qualified investors 
in the United States and elsewhere. Prysm Capital commenced operations in June 2019. 
Prysm  Capital’s  clients  include  private  investment  funds  (the  “Funds,”  and  each,  a 
“Fund”) to which Prysm Capital or its affiliates provide investment advisory services. The Funds 
include vehicles that make single investments. 
One or more affiliates of Prysm Capital serve as the general partners, managers, managing 
members,  or  special  members  to  the  Funds  (each  such  entity  in  such  capacity,  a  “General 
Partner,” and collectively, the “General Partners,” and together with Prysm Capital and their 
affiliated entities, “Prysm”). 
Each General Partner is subject to the Advisers Act pursuant to Prysm Capital’s registration 
in  accordance  with  SEC  guidance.  This  Brochure  also  describes  the  business  practices  of  the 
General Partners, which operate as a single advisory business together with Prysm Capital. 
The Funds are private equity funds and invest through negotiated transactions in operating 
entities,  generally  referred  to  herein  as  “portfolio  companies.”  Prysm’s  investment  advisory 
services to the Funds consist of identifying and evaluating investment opportunities, negotiating 
the terms of investments, managing and monitoring investments and achieving dispositions for 
such  investments.  Although  investments  are  made  predominantly  in  non-public  companies, 
investments in public companies are permitted in certain circumstances. From time to time, where 
such investments consist of portfolio companies, the senior principals or other personnel of Prysm 
generally serve on such portfolio companies’ respective boards of directors or otherwise act to 
influence control over management of portfolio companies in which the Funds have invested. 
Prysm’s advisory services to the Funds are detailed in the applicable private placement 
memoranda  or  other  offering  documents  (each,  a  “Memorandum”),  investment  management 
agreements, limited partnership or other operating agreements (each, a “Partnership Agreement” 
and, as applicable, together with any relevant Memorandum, the “Governing Documents”) and 
are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” 
Investors in the Funds participate in the overall investment program for the applicable Fund, but 
in certain circumstances can be excused from a particular investment due to legal, regulatory or 
other  agreed-upon  circumstances  pursuant  to  the  relevant  Governing  Documents;  such 
arrangements generally do not and will not create an adviser-client relationship between
                                        
                                        
                                             Prysm 
and any investor. The Funds or the General Partners generally enter into side letters or other similar 
agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, 
or  altering  or  supplementing  the  terms  (including  economic  or  other  terms)  of,  the  relevant 
Governing Documents with respect to such investors. 
Additionally, from time to time and as permitted by the relevant Governing Documents, 
Prysm provides (or agrees to provide) co-investment opportunities (including the opportunity to 
participate in co-invest vehicles) to certain investors or other persons, including other sponsors, 
market  participants,  finders,  consultants  and  other  service  providers,  Prysm’s  personnel  and/or 
certain other persons associated with Prysm (e.g., a vehicle formed by Prysm’s principals to co- 
invest  alongside  a  particular  Fund’s  transactions).  Such  co-investments  typically  involve 
investment and disposal of interests in the applicable portfolio company at the same time and on 
the same terms as the Fund making the investment. The terms of a co-investment are governed by 
the applicable Governing Document as agreed between Prysm and the investor. These co-invest 
vehicles are similarly managed by Prysm Capital, are clients of Prysm Capital and are included in 
the meaning of “Fund” as previously defined. From time to time, for strategic and other reasons, a 
Fund purchases a portion of an investment from one or more Fund vehicles after such vehicles 
have consummated their investment in the portfolio company (also known as a post-closing sell-
down or transfer), which generally will have been funded through co-investor capital contributions 
and/or use of a credit facility. Any such purchase generally occurs shortly after the closing of the 
investment to avoid any changes in valuation of the investment. Where appropriate, and in Prysm’s 
sole discretion, Prysm reserves the right to charge interest on the purchase (or otherwise equitably 
to  adjust the purchase price under certain conditions), and to seek reimbursement to the relevant 
Fund for related costs. For avoidance of doubt, such interest amounts are paid to and from Fund 
vehicles  and  does  not  impact  the  financial  statements  of  Prysm  Capital.  Further,  to  the  extent 
related costs accrued by Fund vehicles are not so charged or reimbursed to the acquiring Fund 
vehicles, they generally will be borne by the relevant Fund. 
As of December 31, 2023, Prysm managed approximately $1,477,481,855 in client assets 
on a discretionary basis and no client assets on a non-discretionary basis. Prysm Capital, LLC, a 
Delaware limited liability company, acts as the general partner of Prysm Capital. Prysm Capital’s 
principal owners are Jay Park, Muhammad Mian and Matthew Roberts.