Overview
A. J.C. Flowers & Co. LLC (“JCF”, “JCF&Co” or the “Adviser”), a Delaware limited liability company,
provides investment advisory services to various private investment vehicles and other clients
(each, a “Fund” or a “Client” and collectively, the “Funds” or the “Clients”), including identifying,
evaluating, structuring and negotiating prospective investments, managing portfolio companies
post-acquisition and advising with respect to disposition opportunities. An affiliate of JCF&Co
generally serves as the general partner (or similar managing body) of each Fund.
Interests in the Funds are only offered to qualified investors via private placement.
Mr. J. Christopher Flowers (“Mr. Flowers”) founded JCF&Co’s advisory business in 1998. Mr.
Flowers is the Adviser’s sole owner.
B. JCF&Co provides discretionary and non-discretionary investment advisory services that generally
seek to generate long-term capital appreciation by making privately
negotiated and open market
investments in the equity and debt securities of financial services companies. Financial services
companies generally include banks, insurance and reinsurance companies, asset management
and brokerage houses, consumer and commercial finance businesses, mortgage originators and
guarantors, and other companies and firms providing supporting technology or services for
financial services companies.
C. Each Fund has a set of specific guidelines which are set forth in the governing documents of the
applicable Fund. These guidelines typically provide for limits on the size, concentration,
geography, type of security and/or terms of the Fund’s investments.
D. The Adviser does not participate in wrap fee programs.
E. As of December 31, 2023, JCF&Co managed approximately $4.4 billion of regulatory assets under
management on a discretionary basis, and approximately $0.3 billion on a non-discretionary basis.