Overview
Description of Firm
Kain Capital is an investment adviser with its principal place of business located in New York, NY. Kain
Capital was formed and began operations in 2014. The Adviser is organized as a limited liability company
(“LLC”), owned by Kunal Kain.
Kain Capital provides investment advisory services to privately offered pooled investment vehicles (the
“Funds” or “Clients”) that invest primarily in private equity investments. The general partner of each Fund
is an affiliate of Kain Capital (each a “General Partner” or “Affiliate”). Kain Capital manages each Fund’s
assets on a fully discretionary basis in accordance with the investment objectives outlined in the relevant
Offering Documents (defined below). To date, each Fund invests in a single investment. The Funds seek
returns by investing in private companies across multiple sectors, including healthcare and technology,
among others.
Kain Capital manages each Fund in accordance with the relevant limited partnership agreement,
investment management agreement, offering memorandum, and/or other applicable Fund documentation
(collectively, “Offering Documents”), where applicable.
Any restrictions on investments are set forth in each respective Fund’s Offering Documents. Kain Capital
does not tailor its investment advice to the individual investors in each Fund that it manages. As such,
investors cannot impose restrictions on the types of investments made through the Funds. Subject to
applicable law and the relevant Fund’s Offering Documents, the general partner of certain Funds has
entered into side letter arrangements with certain investors that have the effect of altering or supplementing
the terms of such investors’ investments in the Fund, including waivers or reductions of fees, access to
portfolio information, rights to make withdrawals, and circumstances under which withdrawals are required.
Kain Capital does not participate in any wrap fee programs.
Kain Capital does not currently, nor does it currently anticipate that it will, provide advice to clients that are
retail investors.
Assets Under Management
As of December 31, 2023, Kain Capital managed approximately $397,296,000 of Client assets on a
discretionary basis. Kain Capital does not manage any Client assets on a non-discretionary basis.