Northstar Company, LLC (“Northstar”) was established in 1993 to provide investment management and advisory 
services to private investment funds making junior capital investments and equity co-investments in lower middle-
market companies. The owners of Northstar are Douglas Mark, Brian Schneider and Christopher Kocourek. Seidler 
Capital, Inc. (“SCI”), which is controlled by the estate of Peter Seidler, has an interest in Northstar. 
Northstar  provides  investment  management  services  to  the  following  private  investment  funds:  (i)  Northstar 
Mezzanine Partners V, L.P. (“NMP V”), (ii) Northstar Mezzanine Partners VI, L.P. (“NMP VI”) (iii)  Northstar 
Mezzanine Partners VII, L.P. (“NMP VII”), (iv) Northstar Mezzanine Partners VIII, L.P. (“NMP VIII”), (v) Northstar 
Mezzanine  Partners  SBIC,  L.P.  (“SBIC  LP”)  and  (vi)  ITS/Sprinturf  Investment,  LLC  (“ITS”)    (collectively  the 
“Northstar Clients”).  SBIC LP operates as a leveraged small business investment company (an “SBIC”) under the 
Small Business Investment Act of 1958, as amended, and the rules and regulations thereunder and interpretations 
thereof promulgated by the SBA, as in effect from time to time (the “SBIC Act”).  The Client’s General Partners, in 
their  discretion,  can  invite  Investors  to  participate  individually  in  Portfolio  Company  investments  alongside  the 
Northstar Clients (“Co-Investment”).   ITS/Sprinturf Investment, LLC was a private investment Client established to 
allow co-investment along with NMP VII in one of NMP VII’s portfolio company investments.   
The Northstar Clients are closed-end private investment funds (in this Brochure, investors may also be referred to as 
Limited  Partners).    The  Northstar  Clients,  together  with  any  other  investment  Clients  or  vehicles  sponsored  or 
managed by Northstar in the future, are referred to in this Brochure as (“Clients”). 
In  connection  with  providing  investment  advisory  services  to  each  Client,  the  Client’s  General  Partner  appoints 
Northstar as investment manager pursuant to an investment management agreement between Northstar and the Client 
(the “Management Agreement”). The General Partner of NMP V is Northstar Capital, LLC (“NCL”), the General 
Partner of NMP VI is Northstar VI G.P., LLC (“VI GP”), the General Partner of NMP VII is Northstar VII G.P., LLC 
(“VII GP”), the General Partner of NMP VIII is Northstar VIII G.P., LLC (“VIII GP”) and the General Partner of 
SBIC LP is Northstar SBIC GP, LLC (“SBIC GP”).  Hereinafter NCL, VI GP, VII GP, VIII GP and SBIC GP each 
individually, or together as a group, will be referred to as “Collective GP’s”.  ITS is a member managed LLC and has 
not entered into an investment management agreement with Northstar.   The Collective GP’s are not required to 
register as an investment adviser with the SEC because
                                        
                                        
                                             they rely on Northstar’s registration with the SEC.   Further, 
all persons acting on behalf of the Collective GP’s are subject to the supervision and control of Northstar and are 
deemed “persons associated with” Northstar as that term is defined in the Advisers Act. Consequently, the Collective 
GP’s advisory activities are subject to the Advisers Act, and subject to examination by the SEC. 
Northstar generally offers advice on portfolio investments that fall within each respective Client’s investment strategy 
and objectives as described in its private placement memorandum, limited partnership agreements (“LPA’s”), limited 
liability company agreements, subscription agreements or other documents.  All such documents, either individually 
or collectively, will be referred to as Governing Documents. With respect to the Clients, Northstar generally seeks to 
make investments in junior capital or subordinated debt instruments purchased in conjunction with equity instruments 
in growth-oriented, niche-dominant, lower middle market companies with stable cash flows and strong historical 
financial  results  (“Portfolio  Companies”).    These  investments  will  normally  be  made  to  support  buyouts, 
recapitalizations,  acquisitions  or  internal  growth.      The  investments  for  certain  Clients  incorporate  sustainable 
investing principles as described in the Governing Documents for the respective Client.  Northstar does not offer any 
other type of advisory services other than management of investments for the Northstar Clients and providing Co-
Investment opportunities. 
Northstar has full discretionary authority with respect to the investment decisions of its Clients; however, it provides 
advice in accordance with the investment objectives and guidelines set forth in each Client’s Governing Documents.  
Northstar does not have discretion with respect to Co-Investments. 
Client investments are subject to certain diversification and geographic limitations, as well as restrictions on acquiring 
interests  in  pooled  investment  vehicles,  and  making  investments  in  Portfolio  Companies  operating  in  specified 
industries.  The Collective GP’s, as General Partners of the Clients, may enter into side letters with certain Investors 
that impose, for example, further investment restrictions or reporting requirements.  A Collective GP, at its discretion, 
will decide if a side letter is reasonable and appropriate.    
The Collective GP’s invest capital in an amount equal to at least 1% of the total capital commitments of the Limited 
Partners of the Client as mandated in each Limited Partnership Agreement (“LPA”).  
  
As of December 31, 2023, Northstar’s regulatory assets under management are $917,326,636 with $916,147,600 
managed on a discretionary basis and $1,179,036 managed on a non-discretionary basis.