PARE Partners LLC and PARE Partners II LLC are both organized as Delaware limited liability companies.
The Advisers are operating as an integrated business and therefore are seeking registration with the
Securities and Exchange Commission as the Advisers, collectively, managed regulatory assets under
management in excess of $150M. The Advisers are under common control and share the same Related
Persons.
The Advisers are primarily owned by Juan Fernando Valdivieso and Josef Preschel. The Advisers’ principal
place of business is located in Miami, FL.
The Advisers currently provides discretionary investment advisory services to private pooled investment
vehicles (each a “Fund,” and collectively, the “Funds”) private co-investment vehicles, (“Co-Invest
Vehicles”), and, potentially in the future, separately managed accounts (collectively with the Funds and
the Co-Invest Vehicles, the “Clients”). Investors in the Funds and the Co-Invest Vehicles are referred
herein as “Investors,” or “Limited Partners.” Where the context so requires, references to the Funds also
includes Co-Invest Vehicles. Co-Invest Vehicles include vehicles established for individual or multiple
investors seeking exposure to single or multiple investments,
as well as vehicles where the Advisers have
varying levels of investment discretion.
The Funds are exempt from registration under the U.S. Investment Company Act of 1940, as amended
(the “Investment Company Act”) and issue securities that will not be registered under the U.S. Securities
Act of 1933, as amended (the “Securities Act”).
Each Fund’s manager, general partner, or equivalent (each, a “Manager”, and collectively, together with
any future affiliated entities, the “Managers”) has the power and authority to delegate the management
of the respective Fund(s) to the Advisers, each of which is an affiliate of each Manager. Each Manager is
subject to the Investment Advisers Act of 1940 (the “Advisers Act”) pursuant to the Advisers’ registration
in accordance with SEC staff guidance. All references to the Advisers include each Manager.
The Advisers manage the assets of each Fund in accordance with the terms of each Fund’s private
placement memorandum, limited partnership agreements and other governing documents (collectively,
“Governing Documents”).
The Advisers do not currently participate in any Wrap Fee Programs.
Regulatory assets under management as of December 31, 2023, were approximately $190.5M.