Barrett Upton Capital Partners, LLC (“Barrett Upton” or the “Firm”) is a Delaware limited liability
company registered with the U.S. Securities and Exchange Commission. Crescent Grove Holdings, LLC
(“Holdings”) owns a controlling interest in Barrett Upton, with other owners being employees of
Crescent Grove Advisors, LLC (“Crescent Grove”), an affiliated registered investment advisor. Holdings is
also the parent company of Crescent Grove. Barrett Upton and Crescent Grove are affiliates because
they are under common control.
Established in 2023 and headquartered in Lake Forest, Illinois, Barrett Upton provides investment
management services to private fund-of-funds (each, a “Fund” and collectively, the “Funds”) formed to
make investments in alternative investment funds (each, an “Underlying Fund” and collectively, the
“Underlying Funds”). The initial Fund to be offered to investors is called the Barrett Upton Private Equity
Access Fund, LP. The Funds will be offered to eligible investors on a private placement basis.
The Funds invest primarily in interests issued by private market Underlying Funds. In addition, the Funds
may make direct investments in underlying portfolio companies, may also co-invest in underlying
portfolio companies through special investment vehicles, and may make secondary investments.
Accordingly, the Funds are
not expected to invest in traditional asset classes, such as publicly traded
fixed income and equity securities.
Investors in the Funds are referred to as limited partners (each, a “Limited Partner” and collectively, the
“Limited Partners”), and the primary governing document for each Fund is called a limited partnership
agreement (each, an “LPA”). Subject to the terms of the relevant LPA, Barrett Upton is responsible for
the investment management of the applicable Fund’s assets. Barrett Upton has engaged PPB Capital
Partners, LLC (“PPB Capital”), a third-party vendor, to provide certain services to the Funds including,
but not limited to, fund accounting and administration, regulatory filings, and fund formation
(collectively, the “Services”), including the establishment of a separate general partner for each of the
Funds (the “General Partner”). The General Partner, which is an affiliate of PPB Capital, will have control
over the affairs of the Funds as described in the applicable Fund’s LPA.
In addition to the LPA, each Fund (and each Limited Partner in such Fund) will be subject to the terms
and conditions of the relevant offering memorandum and subscription agreement applicable to such
Fund (collectively, the “Offering Materials”).
As of December 31, 2023, Barrett Upton managed approximately $49.8 million in assets on a
discretionary basis.