Overview
Description of Advisory Firm
ClearLight Partners Management, LLC, ClearLight Partners Management II, LLC and ClearLight Partners
Management III, LLC (“ClearLight,” “we,” “our,” or “us”) are Delaware limited liability companies
headquartered in Newport Beach, California. The inception dates of the firms are April 2000, April 2007
and January 2014, respectively. Michael Kaye is the principal owner, as he owns at least 25% of
ClearLight Partners Management, LLC, ClearLight Partners Management II, LLC and ClearLight Partners
Management III, LLC.
ClearLight is a middle-market private equity firm. We invest in and contribute to the expansion of
established and profitable middle-market businesses. ClearLight’s long-term perspective allows our
management partners to focus on building companies with enduring value. Our investments are true
partnerships and our management partners have significant equity stakes in the business they lead.
Advisory Services Offered
ClearLight serves as investment adviser to private equity partnerships (the “Funds”) that we have
organized. The Funds seek to achieve attractive total returns through investments in middle-market
businesses. This Form ADV Part 2A Brochure is not
an offer to sell, or a solicitation of an offer to
purchase, membership interests in our Funds. These Funds are not publicly available and we are not
offering or accepting new partnership interests. Interests in the Funds are not registered under the
Securities Act of 1933, as amended (the “Securities Act”) or under state securities laws in reliance upon
exemptions contained in the Securities Act and in state securities laws for transactions not involving a
public offering.
See Item 10 – Other Financial Industry Activities and Affiliations below for information regarding the
Funds. For information about our discretionary authority, see Item 16 - Investment Discretion below.
We describe the Fees charged for investment supervisory services below under Item 5 - Fees and
Compensation.
Tailored Services and Client Imposed Restrictions
We manage the Funds according to the investment objectives outlined in the fund documents. Since the
Funds are pooled investment vehicles, investors in the Funds may not impose restrictions on the
investments held in the Funds.
Assets Under Management
As of 12/31/2022, ClearLight’s discretionary assets under management were $206,641,683.