Overview
SLW Management Company LLC (the “Adviser”, “SLW”, or “Company”) was established in
2023 and is a newly formed investment adviser that will provide investment management and/or
investment supervisory services to Silver Lake Waterman Fund IV, L.P. (“Fund IV” and together
with future funds, if any, formed by the Adviser and the SLW Co-Investment Vehicles (as defined
below), the “SLW Funds”). Each fund is exempt from registration under the Investment Company
Act of 1940, as amended (the “1940 Act”) and whose securities are not registered under the
Securities Act of 1933, as amended (the “Securities Act”).
SLW is indirectly owned and controlled by Shawn O’Neill.
While not currently contemplated, SLW may create one or more committed co-investment vehicles
(“SLW Co-Investment Vehicles”). Once created, the Co-Investment Vehicles would provide
certain current and former employees, members, officers, senior and special advisers, business
relationships, and independent contractors of the Adviser and/or their family members, officers and
employees of the Adviser’s affiliates and/or their family members, certain investors in the SLW
Funds and/or a fund itself, or other persons close to the firm the ability to invest alongside one or
more SLW Funds in one or more investment opportunities. Such vehicles generally are
contractually required, as a condition of investment, to purchase and exit their investments in each
investment
opportunity at substantially the same time, and on substantially the same terms, as the
applicable fund that is invested in that investment opportunity.
The Adviser’s investment management and/or investment supervisory services consist of
investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and
making investments on behalf of the SLW Funds, managing and monitoring the performance of
such investments, and disposing of such investments. The Adviser serves as the investment adviser
to certain SLW Funds in order to provide such services.
The Adviser provides investment management and/or investment supervisory services to the SLW
Funds in accordance with the limited governing document (or analogous organizational document)
of such SLW Fund, separate investment management agreements (each such investment
management agreement, an “Advisory Agreement”), and/or side letters with investors
(collectively, the “Governing Documents”).
Investment advice is provided directly to SLW Funds, and not individually to the investors in SLW
Funds. Investment restrictions for SLW Funds, if any, are generally established in the Governing
Documents of the applicable SLW Fund.
The Adviser has been in business since March 2024. The Adviser does not have any regulatory
assets under management at the time of this filing. All assets managed on behalf of SLW’s clients
are expected to be on a discretionary basis.