Albourne America LLC, which we refer to in this brochure as “Albourne,” the “firm,” “us,” “our”
or “we,” formed its business in 2001. Albourne’s ultimate parent company, Albourne Partners
Limited, located in London, United Kingdom, was established in March 1994. Albourne is a
California limited liability company with its principal place of business in San Francisco,
California. Albourne also has an office in Stamford, Connecticut.
Albourne is a specialist consultant that provides non-discretionary investment advice to
sophisticated clients with a primary focus on providing advice on complex assets, such as hedge
funds, private equity funds, private credit funds, real assets funds, real estate funds and dynamic
beta products. Albourne’s advice is limited to complex assets.
Albourne is a wholly-owned subsidiary of Albourne Partners (International) Limited, which, in
turn, is a wholly-owned subsidiary of Albourne Partners Limited. In this brochure, we refer to
Albourne and its affiliates as the Albourne Group. Albourne Partners Limited is 100% owned by
Albourne Group employees, two retired employees and the Albourne Employee Benefit Trust,
which holds shares of Albourne Partners Limited in trust for the benefit of certain current and
former Albourne Group employees and their family members. Simon Ruddick, who serves as the
Chairman of the Albourne Group and a manager of Albourne, is a principal owner of Albourne
through his ownership of shares in Albourne Partners Limited.
With respect to alternative investment funds, Albourne offers its clients advisory services
regarding portfolio construction, manager monitoring, manager selection, investment and
operational due diligence, strategy/industry research, portfolio performance monitoring and risk
management. With respect to dynamic beta products, Albourne
offers its clients advisory services
regarding portfolio construction, investment and operational due diligence, strategy/industry
research and risk management. Albourne also advises its clients on customized fund investments
and co-investment opportunities offered by alternative investment fund managers. Albourne can
tailor its services, such as its investment recommendations and advice on strategy composition and
investment allocation size, to account for a client’s specific portfolio and investment goals or a
client’s investment constraints.
The firm also provides non-customized investment advice on alternative investments through its
non-public, proprietary database that contains the Albourne Group’s due diligence research reports
on hedge funds, private equity funds, private credit funds, real assets funds, real estate funds and
dynamic beta products.
While the decision to purchase or sell any security is solely at the discretion of the client, we also
offer clients the following implementation support services: (a) advice to clients on how to
improve or streamline their internal investment and operations processes; (b) middle office project
management assistance and business advice (excluding legal or tax advice) on alternative
investment fund subscription documents and related side letters; (c) back office support related to
portfolio reporting, reconciliation of alternative investment fees and portfolio net asset values and
other investment operations support functions; and (d) assistance with the negotiation of
alternative investment fund fee terms.
Albourne does not: (a) control or manage clients’ investment assets on a discretionary basis, (b)
arrange or effectuate the purchase or sale of any securities for clients, (c) hold or have custody of
clients’ assets or (d) participate in wrap fee programs.