Barrett Upton Capital Partners, LLC (“Barrett Upton”) is a Delaware limited liability company and wholly
owned subsidiary of Crescent Grove Holdings, LLC (“Holdings”). Holdings is also the parent company of
Crescent Grove Advisors, LLC (“CGA”), an SEC-registered investment adviser. Barrett Upton and CGA 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, a “Sub-Fund” and collectively, the “Sub-
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 Sub-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 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”).
Barrett Upton has filed its original Form ADV with the Securities and Exchange Commission as of March
30, 2023. It does not yet have regulatory assets under management.