The Management Company, a Delaware limited liability company and registered
investment adviser, and its affiliated investment advisers provide investment advisory services to
investment funds privately offered to qualified investors in the United States and elsewhere.
Architect commenced operations in January 2018.
Architect’s clients include Trusted Quality LLC (the “SPV”) and Architect Equity
Holdings LLC (“AEH,” and together with the SPV, the “Pre-Fund Vehicles”) and are expected
to include:
• Architect Equity Fund I, L.P. and Architect Equity Fund I-A, L.P. (collectively,
“Fund I”)
(the Pre-Fund Vehicles and Fund I together with any future private investment fund to
which Architect and/or its affiliates provide investment advisory services, the “Funds,” and each,
a “Fund”).
Architect also is permitted to serve as investment adviser to an “executive fund” offered to
employees, affiliates and other investors with a relationship to Architect or its personnel.
The following general partner and managing member entities are affiliated with Architect:
• Resurgent Equity Partners LLC, managing member of the SPV (the “SPV
Manager”)
• Architect Equity 2019 LLC, managing member of AEH (“AE 2019,” and together
with the SPV Manager, the “Pre-Fund GPs”); and
• Architect Equity Fund I GP LP (“Fund I GP”)
(each, a “General Partner,” and collectively, together with any future affiliated general
partner entities, the “General Partners,” and together with Architect and their affiliated entities,
the “Firm” or “Architect”).
Each General Partner is subject to the Advisers Act pursuant to the Management
Company’s registration in accordance with SEC guidance. This Brochure also describes the
business practices of the General Partners, which operate as a single advisory business together
with the Management Company.
The Funds are private equity funds and invest through negotiated transactions in operating
entities, generally referred to herein as “portfolio companies.” Architect’s investment advisory
services to the Funds consist of identifying and evaluating investment opportunities, negotiating
the terms of investments, managing and monitoring investments and achieving dispositions for
such investments. From time to time, where such investments consist of portfolio companies, the
senior principals (the “Principals”) or other personnel of Architect or its affiliates generally serve
on such portfolio companies’ respective boards of directors or otherwise act to influence control
over management of portfolio companies in which the Funds have invested.
Architect’s advisory services to the Funds are detailed in the relevant private placement
memoranda or other offering documents (each, a “Memorandum”), limited partnership and/or
other operating agreements of the Funds (each, a “Partnership Agreement” and, together with
any relevant Memorandum, the “Governing Documents”) and are further described
below under
“Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds (generally
referred to herein as “Investors” or “Limited Partners”) participate in the overall investment
program for the applicable Fund, but in certain circumstances are excused from a particular
investment due to legal, regulatory or other agreed-upon circumstances pursuant to the Governing
Documents; for the avoidance of doubt, such arrangements generally do not and will not create an
adviser-client relationship between Architect and any Investor. The Funds or the General Partners
have entered into side letters or other similar agreements (“Side Letters”) with certain Investors
that have the effect of establishing rights under, or altering or supplementing the terms (including
economic or other terms) of, the Governing Documents with respect to such Investors.
Additionally, from time to time and as permitted by the Governing Documents, Architect
expects to provide (or agree to provide) investment or co-investment opportunities (including the
opportunity to participate in co-invest vehicles) to certain current or prospective Investors or other
persons, including other sponsors, market participants, finders, consultants and other service
providers, Architect’s personnel and/or certain other persons associated with Architect and/or its
affiliates (e.g., a vehicle formed by Architect’s Principals to co-invest alongside a particular Fund’s
transactions). Such co-investments typically involve investment and disposal of interests in the
applicable portfolio company at the same time and on the same terms as the Fund making the
investment. However, from time to time, for strategic and other reasons, a co-investor or co-invest
vehicle (including a co-investing Fund) purchases a portion of an investment from one or more
Funds after such Funds have consummated their investment in the portfolio company (also known
as a post-closing sell-down or transfer), which generally will have been funded through Fund
Investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund
by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the
investment to avoid any changes in valuation of the investment, but in certain instances could be
well after the Fund’s initial purchase. Where appropriate, and in Architect’s sole discretion,
Architect reserves the right to charge interest on the purchase to the co-investor or co-invest vehicle
(or otherwise equitably to adjust the purchase price under certain conditions), and to seek
reimbursement to the relevant Fund for related costs. However, to the extent such amounts are not
so charged or reimbursed, they generally will be borne by the relevant Fund.
As of December 31, 2023, Architect managed $102,160,000 in client assets on a
discretionary basis. Architect is principally owned by Jay Yook and Dionisio Lucchesi.