Overview
                                    
                                    
                                        
                                            FIRM DESCRIPTION AND OVERVIEW 
Braemont Capital Management LLC, a Texas limited liability company and private equity fund manager (“Braemont,” 
“we,” “our,” or “us”), was formed in May 2021. We provide investment management, portfolio management, advisory 
and  other  services  to  affiliated  private  equity  funds  and  related  vehicles  (including  co-investment  vehicles)  with 
respect to primarily equity or equity-related investments in private portfolio companies. Our investment advice and 
management services are provided with respect to each client in accordance with the investment objectives, strategies, 
guidelines, restrictions and limitations described in the applicable offering and/or governing documents of such client, 
and as further disclosed to investors in such client, and the information in this brochure is qualified in its entirety by 
the information set forth in such documents. 
PRINCIPAL OWNERS  
We are ultimately owned and controlled (directly or indirectly) by Robert Covington. 
TYPES OF ADVISORY SERVICES 
We provide investment management, portfolio management, advisory and other services to private equity funds (the 
“funds”)  and  related  vehicles  (including  co-investment  vehicles)  (the  “co-investment  vehicles”),  which  invest 
primarily in privately negotiated equity and equity-related investments in private portfolio companies. The funds and 
the co-investment vehicles may be collectively referred to herein as the “clients”, and each, a “client”. Our clients 
invest  primarily  in  privately  negotiated  equity  and  equity-related  investments  in  private  portfolio  companies.  We 
currently do not expect to provide advice with respect to any investments other than private equity investments, but 
may consider other investment strategies in the future. Information about each client and its investment program are 
or will be set forth in the applicable offering and/or governing documents. Investment in a client does not and shall 
not create an advisory relationship between an investor in such client and us. See Item 8 below.  
We  are  responsible  for  investing  and  re-investing  the  assets  of  each  client  (and  for  the selection  of  private  equity 
investments)  in  accordance  with  the  investment  objectives,  policies,  limitations  and 
                                        
                                        
                                             guidelines  set  forth  in  its 
applicable offering and governing documents. 
INVESTMENT RESTRICTIONS  
We provide investment advice to each client in accordance with the investment objectives, policies and guidelines set 
forth  in  the  applicable  offering  and/or  governing  documents,  and  not  in  accordance  with  the  individual  needs  or 
objectives of any particular investor in that client. Investors are not permitted to impose restrictions or limitations on 
the management of our clients.  
We, our clients and our affiliates have entered into, and may from time to time in the future enter into, side letter 
agreements or other similar agreements or arrangements (commonly referred to as “side letters”) with certain investors 
in a client that have the effect of establishing rights or terms and/or otherwise benefitting such investors in a manner 
that is more favorable in various material respects than the rights and benefits established in favor of other investors 
pursuant to the applicable governing documents. Such rights or benefits in any side letter or similar agreement include 
or  may  include,  without  limitation,  (i)  most  favored  nations  status,  (ii)  fees  and/or  carried  interest  reductions  or 
waivers, (iii) reporting obligations of the applicable general partner, manager or us and/or preferential information 
rights, including access to information and documents relating to a client and its investments, (iv) waiver of certain 
confidentiality obligations, (v) consent of the general partner to certain transfers by such investor,  (vi) board seats 
and/or board observer rights, or (vii) rights or terms necessary or advisable in light of particular legal, regulatory or 
public policy considerations of an investor. Certain investors have the benefit of “most favored nation” protection and 
will  be  given  the  opportunity  to  elect  the  rights  and  terms  in  any  side  letter  or  other  similar  agreement  that  are 
applicable  to  such  investors.  See  Item  10  for  information  regarding  the  rights  and  benefits  granted  to  a  strategic 
investor with respect to certain of our clients. 
ASSETS UNDER MANAGEMENT 
As of December 31, 2023, we had approximately $559 million in regulatory assets under management, all of which 
are managed on a discretionary basis.