OCEAN AVENUE CAPITAL PARTNERS, L.P. other names

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Adviser Profile

As of Date:

03/19/2024

Adviser Type:

- Large advisory firm


Number of Employees:

12 9.09%

of those in investment advisory functions:

9


Registration:

SEC, Approved, 2/10/2012

AUM:

1,891,599,884 -2.73%

of that, discretionary:

1,891,599,884 -2.73%

Private Fund GAV:

1,891,599,884 -20.70%

Avg Account Size:

105,088,882 -2.73%


SMA’s:

NO

Private Funds:

18

Contact Info

(42 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 833M 556M 278M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Road safety funds coming to Humboldt County
04/07/2021

Caltrans has awarded over $227 million to fund safety projects in city and county roads across the state. The funds are destined for safety projects designed to reduce traffic-related deaths and injuries on city and county roads,

MSN

Burlington plans a new, smaller-format store in Farmingville
04/06/2021

Former Kmart location at 2280 North Ocean Avenue in Farmingville on Monday, April 5, 2021. A Burlington store will replace the former Kmart store. Credit: James Carbone Farmingville Associates ...

newsday.com

Easter Bunny visits Lompoc's Ryon Park for drive-through egg hunt
04/06/2021

Lines of vehicles rolled down Ocean Avenue filled with children eager to accept a bag of Easter treats and a chance to snap a photo with the big bunny through open car windows. The Lompoc Recreation Division in collaboration with Kiwanis Club of Lompoc ...

news.yahoo.com

'Amityville Horror' killer Ronald DeFeo dies in prison at 69
04/05/2021

DeFeo, whose nickname was Butch, was convicted of killing his mother, father, two sisters and two brothers inside their home in Amityville home on Ocean Avenue on Nov. 13, 1974.

foxnews.com

Target closing two San Francisco Bay area stores
04/01/2021

A location on Ocean Avenue in San Francisco and on Stevens Creek Boulevard in Cupertino will shut down on June 26. All eligible team members, however, will be given the chance to transfer to ...

foxbusiness.com

'You just have to care:' Brothers bring coffee, pizza shops to New Jersey hotel
03/31/2021

ASBURY PARK, N.J. – Most people would take one look at what Albie and Chris Manzo are planning for Asbury Park's Berkeley Oceanfront Hotel and walk away. They have taken on quite a job: Revamp ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 18 $1,891,599,884

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GLOUSTON CAPITAL PARTNERS, LLC - - 1.9b - - - - 1.9b 1.9b 17
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TRUE WIND CAPITAL MANAGEMENT, L.P. - - 1.8b - - - - 1.8b 1.8b 11
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Private Funds



Employees




Brochure Summary

Overview

Adviser is a Delaware limited partnership that was founded in 2010, and is principally owned and controlled (through its general partner, Ocean Avenue Capital Partners, LLC) by Jeffrey L. Ennis, Duran S. Curis, and Jacques Youssefmir. Adviser provides investment advisory services to private single-investor and pooled investment vehicles, and may also provide investment advisory services to institutional clients through managed account arrangements. The investment vehicles and accounts to which Adviser provides advisory services are referred to herein as the “Funds.” The Funds are typically U.S. and non-U.S. limited partnerships and other investment vehicles that are not registered or required to be registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), or the Securities Act of 1933, as amended (the “Securities Act”). The investors in the Funds may include, among others, pension plans, foundations, endowments, high net worth individuals, banks, insurance companies, trusts, estates, other pooled investment vehicles, and corporations. Adviser may, from time to time, sponsor and manage investment vehicles on a transaction-by- transaction basis to allow certain persons to invest alongside one or more Funds in specific portfolio companies and other assets of the Funds (each such vehicle, a “Co-Investment Fund”). Co-Investment Funds are typically limited to investing in securities relating to the transaction or transactions with respect to which they were organized. As a general matter, any co-investment by a Co-Investment Fund will be on terms and conditions not more favorable than the terms and conditions
of the investment by the applicable Fund. Adviser may also sponsor and manage certain other entities which are “feeder” vehicles organized to invest exclusively in a Fund and/or special purpose vehicles that have been formed to facilitate portfolio investments by the Funds or their investors for tax, regulatory or economic purposes. As investment adviser to each Fund, Adviser identifies investment opportunities and participates in the acquisition, management, monitoring, and disposition of investments for each Fund. Adviser will manage each Fund based on the investment objectives and investment restrictions set forth in the governing documents of the Fund. Adviser primarily provides investment advisory services related to investments in private equity, special situations private funds, and private companies for direct investment. Investment advice is provided directly to the Funds, and not individually to the investors of the Funds. Adviser generally provides investment advisory services to each Fund pursuant to an investment management agreement with the Fund and/or the governing documents of the Fund. The investments of a Fund may be subject to certain diversification and/or geographic limitations as set forth in the investment management agreement with the Fund and/or the governing documents of the Fund. Further, Adviser may enter into side letters with certain investors of a Fund which impose further restrictions on investing in certain types of securities, countries, geographies or businesses with respect to such investor. As of December 31, 2023, Adviser managed $1.9 billion on a discretionary basis, and $0 on a non- discretionary basis.