ROARK CAPITAL MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/29/2024

Adviser Type:

- Large advisory firm


Number of Employees:

123 16.04%

of those in investment advisory functions:

87 3.57%


Registration:

SEC, Approved, 3/15/2012

AUM:

31,927,560,154 4.59%

of that, discretionary:

31,927,560,154 4.59%

Private Fund GAV:

31,927,560,154 4.59%

Avg Account Size:

2,280,540,011 19.53%


SMA’s:

NO

Private Funds:

14 2

Contact Info

404 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
31B 26B 22B 17B 13B 9B 4B
2015 2016 2017 2018 2019 2020 2021 2022 2023


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 14 $31,927,560,154

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Private Funds



Employees




Brochure Summary

Overview

RCM is an investment adviser organized as a limited liability company under the laws of the State of Delaware. Neal K. Aronson, managing partner of RCM (the “Managing Partner”), founded Roark Capital Group in 2001. RCM is wholly-owned by RCM Manager LLC, of which Neal Aronson is the Managing Member and controlling owner. RCM employs the entire RCM team and provides consulting and advisory services to the Funds (as defined below) and their portfolio companies. The investment activities of RCM are led by the Managing Partner and RCM’s investment committee (the “Investment Committee”). Neal K. Aronson, Stephen D. Aronson, Roanne Daniels, Dennis Gies, Paul D. Ginsberg, Clayton D. Harmon, Geoff A. Hill, Kevin Hofmann, Erik O. Morris, Steven M. Romaniello, Anthony P. Scotto, Michael Sharkey, Gregory D. Smith, Sarah Spiegel, Michael R. Thompson, and David Wierman comprise all of the members of RCM’s Investment Committee. RCM employs a number of other investment professionals who help RCM execute its investment strategy. RCM’s Chief Compliance Officer is Louis J. Matthews. As of March 29, 2024, RCM serves as an investment manager and provides discretionary advisory services to fourteen (14) privately offered investment funds (together with any related parallel funds and related alternative investment vehicles a “Fund,” and collectively, the “Funds”) and RCM or its affiliates serve as the general partner or managing member of co-investment vehicles (each, a “Co- investment Vehicle” and which, for the avoidance of doubt, are included in the definition of “Funds” to the extent applicable). With respect to a Fund that is an alternative investment vehicle, an affiliate of RCM may serve as the direct investment manager of such Fund. Within each Fund structure is a designated general partner that is an affiliate of RCM (the “General Partner(s)”). Unless and only to the extent that the context otherwise requires, references to RCM includes the General Partner(s) and any affiliate of RCM that serves as the direct investment manager of a Fund that is an alternative investment vehicle. The Funds are organized to make equity and equity-related investments primarily
in companies that have substantial operations, business or customers in North America. Equity investments will typically range from $50 million to $1 billion and more, with larger transactions occasionally involving equity co-investments by Co-investment Vehicles. The Funds primarily invest in industries where the senior members of its investment team have operating and principal investing experience, such as franchising/multi-location, consumer products and services, and business services. As of December 31, 2023, RCM managed $31,927,560,154 of invested capital and uncalled capital commitments on behalf of the Funds (excluding the Co-investment Vehicles), all of which is managed on a discretionary basis. As of December 31, 2023, RCM does not manage any Fund assets on a non-discretionary basis. In providing services to the Funds, RCM formulates each Fund’s investment objectives, directs and manages the investment of each Fund’s assets, and provides reports to investors. Investment advice is provided directly to the Funds and not individually to the limited partners of the Funds (the “Limited Partners”). RCM manages the assets of the Funds in accordance with the terms of each Fund’s partnership agreement and other applicable governing documents. A Fund’s partnership agreement and its other applicable governing documents are referred to herein as the “Governing Fund Documents”. All material terms (including any restrictions on investments in certain securities or types of securities) are generally established at the time of the formation of a Fund, but may be amended from time to time in accordance with the terms of the Governing Fund Documents. Limited partnership interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and the Funds are not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests in the Funds are offered and sold exclusively to investors satisfying the applicable eligibility and suitability requirements, either in private transactions within the United States or in offshore transactions.