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Adviser Profile

As of Date 08/23/2024
Adviser Type - Large advisory firm
Number of Employees 58 11.54%
of those in investment advisory functions 39 18.18%
Registration SEC, Approved, 03/22/2012
AUM* 4,335,645,431 2.96%
of that, discretionary 4,335,645,431 2.96%
Private Fund GAV* 4,335,645,431 2.94%
Avg Account Size 270,977,839 9.40%
SMA’s No
Private Funds 15 1
Contact Info 310 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
4B 4B 3B 2B 2B 1B 602M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count14 GAV$4,132,994,843
Fund TypeOther Private Fund Count1 GAV$202,650,588

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Brochure Summary

Overview

Shamrock Capital Advisors, LLC (“Shamrock,” “we,” “our,” or the “Firm”), is a Delaware limited liability company founded in 2010. Shamrock is controlled by Mr. Stephen Royer, Mr. Andrew Howard, Mr. Michael LaSalle and Mr. Patrick Russo (collectively, the “Principals”) and is wholly owned by Shamrock Management HoldCo, LP. Shamrock provides discretionary investment advisory services and management services to privately pooled investment vehicles and co-investment vehicles (individually a “Fund” or collectively the “Funds”). Growth Fund Strategy Shamrock provides discretionary investment advisory services and management services to the following funds in its Growth Fund Strategy:  Shamrock Capital Growth Fund III, L.P.  Shamrock Capital Growth Fund IV, L.P.  Shamrock Capital Growth Fund IV (Parallel), L.P.  Shamrock Capital Growth Fund V, L.P.  Shamrock Capital Growth Fund V (Parallel), L.P. (collectively, the “Growth Funds”). In managing the Growth Funds, Shamrock focuses exclusively on investment opportunities in the middle market within media, entertainment, communications and related sectors (“MEC”). Content Fund Strategy Shamrock also provides discretionary investment advisory services and management services to Shamrock Capital Content Fund I, L.P. (formerly known as Entertainment IP Fund, L.P.), Shamrock Capital Content Fund II, L.P. and Shamrock Capital Content Fund III, L.P. (the “Content Funds”), each a privately pooled investment vehicle that focuses on investments in content and media rights (“Content”) across the global entertainment industry. Additionally, Shamrock provides discretionary investment advisory services and management services to Shamrock Capital Debt Opportunities Fund I, L.P. and Shamrock Capital Debt Opportunities Fund I (Feeder), L.P. (the “Debt Funds”), which focus on originating senior secured loans to owners of Content in the global entertainment industry. Co-Investment Vehicles Shamrock has created co-investment vehicles to invest alongside a Fund primarily when the equity requirements of an investment exceed those allowed by the Fund’s mandate. Co-investment opportunities may be offered to Investors (as defined below) or to outside third parties, subject to any requirements in each Fund’s Governing Documents (defined below). Shamrock currently provides discretionary investment advisory services and management services, and has custody of the assets of the following co-investment vehicles (the “Co-Investment Vehicles”):  BC Holdco, LLC  Shamrock CCF II Co-Invest I, LP  Shamrock CCF II Co-Invest I-A, LP  Shamrock FanDuel CoInvest, LLC  Shamrock FanDuel CoInvest II, LP  Shamrock Mobilitie Co-Invest, LLC (dissolved during 2023)  Shamrock Talent & Brands Holdco, LLC Advisory Affiliates Certain affiliates of Shamrock serve as general partners (“GP”) or managing members of the Funds (“Advisory Affiliates”) and operate a single advisory business with Shamrock. Each of the Advisory Affiliates is a related person of Shamrock, including their respective partners, managers, members, shareholders, officers, employees and affiliates in their respective capacities as such. Each of the Advisory Affiliates is controlled by Shamrock. Each Advisory Affiliate that serves as a GP or managing member is subject to the requirements applicable to registered investment advisers under the Investment Advisers Act of 1940 (“Advisers Act”), as a result
of Shamrock’s registration as an investment adviser with the Securities and Exchange Commission (“SEC”) and in accordance with SEC guidance, and is subject to all of Shamrock’s compliance policies and procedures. As such, references to Shamrock in this Brochure should also be considered references to the Advisory Affiliates in the appropriate context. Passive Partners On September 30, 2022, affiliates of RidgeLake Partners and Bonaccord Capital Partners (collectively, the “Passive Partners”) acquired an indirect strategic minority investment in Shamrock, and several of its Advisory Affiliates, pursuant to which, the Passive Partners acquired passive, non-voting minority stakes and agreed to provide capital to support Shamrock’s ongoing growth and institutionalization, as Shamrock seeks to scale its team and strategy to capitalize on current and emerging opportunities across the media, entertainment, communications, and related sectors. The Passive Partners do not have any authority over the day-to-day operations or investment decisions of Shamrock or the Advisory Affiliates, although they have certain minority protection and consent rights associated with protecting their economic interests in their investment in Shamrock and its Advisory Affiliates. Fund Governing Documents Each Fund relies on its GP, a Shamrock affiliate, to assist in the day-to-day management of its activities in accordance with the investment objectives, strategies, restrictions and guidelines found in each Fund’s governing documents (“Governing Documents”). Certain of these management activities are delegated by each Fund to Shamrock pursuant to an advisory agreement between such Fund and Shamrock. Information about each Fund can be found in its offering documents. The Firm does not tailor its investment services to any individual Fund investor (“Investor”). The Investors in each Fund are able to negotiate the terms of the applicable Fund agreement in connection with their investments in such Fund. In certain cases, Shamrock and/or its Advisory Affiliate may, and have, entered into side letter agreements with certain Investors (“Side Letters”) establishing rights under, or supplementing or altering the terms of, the applicable Governing Documents with respect to the Investor party to the Side Letter. Side Letters cover many different topics, including without limitation: “most favored nation” rights; modified notice or reporting requirements; compliance with certain ERISA and other regulatory requirements; minimum insurance coverage; confidentiality; co-investment opportunities; transfers; the right to receive certain special allocations; and certain other matters relating to an investment in the Fund(s). Shamrock tracks all Side Letters that have been entered into with respect to each Fund to ensure that no Investor is disadvantaged by the triggering of one or more provisions of a Side Letter. Please note that, notwithstanding the limitation on liability clauses in the Governing Documents or the Firm’s advisory agreements with the Funds, nothing in such agreements will cause the Funds or the Investors to waive any of their legal rights under applicable U.S. federal securities laws or any other laws whose applicability is not permitted to be contractually waived. As of December 31, 2023, the Firm managed $4,335,645,431 in regulatory assets under management in the Funds, all of which are managed on a discretionary basis.