Overview
Advisory Firm Description
Dauntless is a Delaware limited liability company founded in 2020 and operates as a private investment
advisory firm focused on the acquisition and management of premium hospitality assets across the United
States. Dauntless may also, on occasion, invest in private companies outside of the hospitality industry,
primarily where there is a majority buyout opportunity. The Firm is principally owned by Chris Harrison,
Cramer Williams, Craig Ballard, and Matt Waldrip.
Types of Advisory Services
Dauntless provides investment advisory advice, management, and other services to private investment
funds and certain co-investment vehicles (each a “Fund” or a “Client”, and together, the “Funds” or the
“Clients”), all of which are limited partnerships organized under the laws of Delaware. Certain of the Funds
are organized in a master-feeder structure where the feeder fund invests all or substantially all of its assets
in, and conducts its investment advisory activities indirectly through, the master fund. Certain of the Funds
are organized in a parallel vehicle structure where the parallel vehicles invest proportionately in all main
fund transactions. The co-investment vehicles invest in portfolio investments of the other Funds described
herein. The Funds seek to acquire and manage premium hospitality assets
across the United States or
seek to acquire private companies outside of the hospitality industry, primarily where there is a majority
buyout opportunity. Dauntless Capital Hospitality Fund II GP, LP and DCP Buyout GP, LP, each a Delaware
limited partnership, are related parties of Dauntless and serve as the general partners (the “General
Partners”, each a “General Partner” or the “GP”) of the Funds.
Tailored Advisory Services
Dauntless tailors its investment advice to its Clients’ needs and objectives, as set forth in the private
placement memorandum, operating agreement, and other offering documents of the Client (the
“Governing Documents”). Dauntless has discretion over Client assets; its discretion is limited by any
restrictions in the operating agreement and the investment management agreement with the Client.
Except as otherwise set forth in the operating agreement, investors generally may not impose any
restrictions or limitations on the management or operation of the Clients. Fund investors should refer to
the Fund’s Governing Documents for specific information about the Funds.
The Firm does not participate in any wrap fee programs.
Client Assets Under Management
As of December 31, 2023, Dauntless had approximately $176,792,968 in regulatory assets under
management on a discretionary basis.