Overview
A. Tiverton, a North Carolina limited liability company formed in 2012, is an investment adviser
located in Raleigh, North Carolina. The principal owner of the Firm is David Chattleton.
B. The Firm provides investment advisory services to pooled investment vehicles (the “Funds” or
“Clients”). The Firm provides discretionary investment management services to the Clients in
accordance with the applicable limited partnership agreements, investment management
agreements, operating agreements, offering memoranda and other such agreements (the
“Governing Documents”).
Tiverton seeks to generate short and long-term capital appreciation for its Clients. The Firm’s
primary investment objective is to invest in the North America Food Production and Ag
Infrastructure (“FP&I”) market (collectively “Target Markets”) via credit, credit-like, and
equity investments.
Tiverton is affiliated with other entities, including the General Partner to the Funds. The
General Partners delegate day-to-day management responsibilities for the Clients to Tiverton.
The advisory services of
Tiverton are described in this Brochure and in the related Governing
Documents. The General Partner will rely upon the investment adviser registration of Tiverton
in accordance with related SEC guidance. The information set forth herein regarding the
investment advisory services provided by Tiverton shall also apply in respect of the General
Partner unless specifically noted.
C. Tiverton does not expect to tailor advisory services to the individual or particular needs of the
investors in the Clients. Such investors accept the terms of advisory services as set forth in each
Governing Document. The Firm expects to have broad investment authority with respect to the
Clients and, as such, investors should consider whether the investment objectives of the Clients are
in line with their individual objectives and risk tolerance prior to investment.
D. Tiverton does not participate in wrap fee programs.
E. As of December 31, 2022, Tiverton manages $845,690,824 in regulatory assets on a
discretionary basis. Tiverton does not manage non-discretionary assets.