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Adviser Profile

As of Date 05/14/2024
Adviser Type - Large advisory firm
Number of Employees 6
of those in investment advisory functions 6
Registration SEC, Approved, 09/01/2023
Other registrations (4)
Former registrations

NORLAND CAPITAL LP

AUM* 294,889,308
of that, discretionary 294,889,308
Private Fund GAV* 294,889,308 34.63%
Avg Account Size 58,977,862
SMA’s No
Private Funds 5
Contact Info 415 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1 1 1 1

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count5 GAV$294,889,308

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Brochure Summary

Overview

Norland Capital LP (hereinafter “Norland”, “we”, “us”, “our” or the “Firm”), a Delaware limited partnership, formed on 25 April 2013. Norland Capital LLC, a Delaware limited liability company, is the general partner of Norland (the “Norland GP”) and was formed on 25 April 2013. Mateusz Szeszkowski is the managing member of the Norland GP and responsible for all investment decisions made by Norland (the “Principal” or “Mr. Szeszkowski”). Norland’s principal place of business is in Woodside, CA. Norland manages and provides investment advisory services to multiple private investment vehicles (each a “Private Vehicle” or “Client” and collectively, the “Private Vehicles” or “Clients”), which are typically structured as limited partnerships or limited liability companies and managed by a general partner or managing member, as applicable (the “General Partner” or “Managing Member”) which is an affiliate entity of Norland. Each Private Vehicle is formed to make direct and/or indirect investments, including any follow-on investments, in the equity or equity-related securities of one or more non-public operating businesses (each a “Portfolio Investment”). Norland seeks to source, evaluate, acquire and manage investments in operating businesses, principally through equity or equity-oriented securities that provide Norland with control rights in respect of such businesses. Norland may also source, evaluate, acquire and manage minority equity investments and debt-securities that offer equity-like returns in operating businesses, in each case, preferably with a view to attaining a control position. Norland seeks capital commitments (“Commitments”) on an ongoing basis from sophisticated investors, including family offices and investment funds (“Investors”), to invest in one or more Private Vehicles that are managed by Norland. Norland provides investment management services on a discretionary basis to such Private Vehicles relating to various investment strategies, predominantly, relating to venture and private equity investments in operating businesses, principally through equity, equity-oriented, or debt securities which offer equity-like returns. Norland tailors its advisory services to the specific investment objectives and restrictions of each Private Vehicle,
pursuant to the investment guidelines and restrictions set forth in each Private Vehicle’s limited partnership agreement, investment management agreement, subscription agreements and/or other governing documents (collectively, the “Governing Documents”). The investment management agreement and other relevant Governing Documents will generally be established at the time of entry into the applicable advisory relationship. Norland does not participate in wrap fee programs. As of December 31, 2023, Norland managed approximately $294,889,308 million in discretionary regulatory assets under management in the Private Vehicles. Additional detailed information about Norland is provided in this Brochure, including information about Norland’s advisory services, investment approach, personnel, affiliations, and risk factors. More complete information about Norland, and the particular investment objectives, strategies, guidelines and risks associated with Commitments to a Private Vehicle, is included in materials provided to prospective Investors addressing Norland’s role and responsibilities with respect to Investors’ Commitments, which materials are made available to prospective Investors to a Private Vehicle only by Norland (or another party authorized by the Norland to do so). Prospective Investors must consider for themselves whether a Commitment to a Private Vehicle created and managed by Norland meets their investment objectives and risk tolerance prior to investing, as Norland does not provide individualized advice to Investors. The descriptions set forth in this Brochure of specific advisory services that we offer to our clients, and investment strategies pursued and investments made by us on behalf of our clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that we consider appropriate, subject to each client’s investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. Clients should be prepared to bear a substantial loss of capital. There can be no assurances that the investment objective of any client will be achieved.