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Adviser Profile

As of Date 08/30/2024
Adviser Type - Large advisory firm
Number of Employees 55 -37.50%
of those in investment advisory functions 34 17.24%
Registration SEC, Approved, 07/21/2006
AUM* 9,408,870,658 46.71%
of that, discretionary 9,408,870,658 46.71%
Private Fund GAV* 9,408,870,657 146.37%
Avg Account Size 324,443,816 41.65%
SMA’s No
Private Funds 29 1
Contact Info 212 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
9B 7B 6B 5B 4B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count29 GAV$9,408,870,657

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Brochure Summary

Overview

Alan E. Goldberg and Robert D. Lindsay formed Goldberg Lindsay & Co. LLC (“Lindsay Goldberg,” “us,” “we,” and “our”) as a Delaware limited liability company in 2001. Lindsay Goldberg registered as an investment adviser in 2006. Messrs. Goldberg and Lindsay have known each other since 1978 when they began their careers together at Morgan Stanley & Co. Incorporated. Messrs. Goldberg and Lindsay control Lindsay Goldberg and, together with trusts for the benefit of their families and Bessemer GL Inc., are the principal owners of Lindsay Goldberg. Bessemer GL Inc. is wholly owned by Bessemer Securities LLC. We provide discretionary investment advice solely to private investment funds, that are 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”), that seek to generate significant capital appreciation primarily through private equity investments in portfolio companies that are generally in established industries. In particular, we serve as investment manager to Lindsay Goldberg IV L.P. (together with its parallel, alternative and co-investment funds, “Fund IV”), Lindsay Goldberg V L.P. (together with its parallel, alternative and co-investment funds, “Fund V”) Lindsay Goldberg VI L.P. (together with its parallel, alternative and co-investment funds, “Fund VI”) and F3 Partners L.P. (together with its parallel, alternative and co-investment funds, “F3 Fund”) (Fund IV, Fund V, Fund VI and F3 Fund are referred to collectively as “our funds” and individually as a “fund”). The investment management services that we provide to our funds primarily consist of sourcing, structuring, and negotiating investments and dispositions, monitoring the performance of investments and performing certain administrative services. These services are provided pursuant to investment management agreements between Lindsay Goldberg and our funds as a result of a delegation of authority by the general partner of each fund (an affiliate of ours), to Lindsay Goldberg. We provide tailored advice to each fund that takes into account its investment objectives and the investment restrictions contained in the applicable governing agreements. Investment restrictions applicable to specific funds are customarily imposed in governing agreements for such funds, as agreed upon with investors. Further specific details of Lindsay Goldberg’s advisory services are set forth in each fund’s respective private placement memoranda, management agreements and limited
partnership agreements. Lindsay Goldberg or certain affiliates have entered into and may in the future enter into side letters or other writings with specific investors in our funds which have the effect of establishing rights under, or altering or supplementing, the terms of the governing agreements of the funds or an investor’s subscription agreement in respect of the investor to whom such letter or writing is addressed. Such rights or alterations could be regarding economic terms, excuse rights, information rights, investment limitations, co-investment rights, ability to transfer interests in a fund or compliance with specified laws or regulations (including the provision of stated co-invest opportunities or priority allocation rights to, for example, limited partners who have capital commitments in excess of certain thresholds to one or more funds, or transfer rights, among others). Other side letter rights are likely to confer benefits on the relevant investor at the expense of the relevant fund or of investors as a whole, including in the event that a side letter confers additional reporting, information rights and/or transfer rights, the costs and expenses of which are expected to be borne by the relevant fund. Generally, any rights established, or any terms altered or supplemented, will govern only that investor and not a fund as a whole. Certain such additional rights but not all rights, terms or conditions are permitted to be elected by certain sizeable investors with “most favored nations” rights pursuant to a fund’s limited partnership agreement. Such side letters in certain cases will also impose restrictions on participation in certain investments or types of investments made by the funds. Neither Lindsay Goldberg nor its affiliates will enter into a particular side letter if Lindsay Goldberg determines that the provisions contained in such side letter would be disruptive to the applicable fund or its investment program. Disclosure of applicable side letter practices is made to investors prior to their investment in the applicable fund. The information provided herein about the investment advisory services provided by Lindsay Goldberg is qualified in its entirety by reference to the funds’ offering materials and other governing documents. Wrap Fee Programs We do not participate in wrap fee programs. Assets Under Management As of December 31, 2023, we managed $9,531,877,648 of client assets on a discretionary basis. Such figure includes capital that may be called by our funds from their limited partners. We do not manage client assets on a non-discretionary basis.