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Adviser Profile

As of Date 10/24/2024
Adviser Type - Large advisory firm
Number of Employees 100 11.11%
of those in investment advisory functions 71 9.23%
Registration SEC, Approved, 03/28/2012
AUM* 19,299,000,000 0.99%
of that, discretionary 19,299,000,000 0.99%
Private Fund GAV* 19,298,961,000 -6.04%
Avg Account Size 804,125,000 0.99%
SMA’s No
Private Funds 24
Contact Info 650 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
19B 16B 14B 11B 8B 5B 3B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count24 GAV$19,298,961,000

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Brochure Summary

Overview

AKKR Mgmt Co is a private investment management firm, including several registered investment advisory entities and other organizations affiliated with AKKR Mgmt Co (collectively, “AKKR”). AKKR commenced operations in February 2000. AKKR Mgmt Co, a Delaware limited partnership and a registered investment adviser, provides investment advisory services to investment funds privately offered to qualified investors in the United States and elsewhere. AKKR Mgmt Co commenced operations in May 2006. The following general partner entities (each, a “General Partner” and collectively, together with any future affiliated general partner entities, the “General Partners”) and other advisory entities are affiliated with AKKR Mgmt Co (collectively with the General Partners and AKKR Mgmt Co, the “Advisers”): General Partners:
• AKKR Fund III Management Company CV, LP (“AKKR GP III CV”);
• AKKR Fund IV Management Company CV LP (“AKKR GP IV CV”);
• AKKR Fund V Management Company, LP (“AKKR GP V”);
• AKKR Fund VI Management Company, LP (“AKKR GP VI”);
• AKKR Fund VII GP LP (“AKKR GP VII”);
• AKKR EBP Management Company, LP (“AKKR EBP GP”);
• AKKR EBP II GP LP (“AKKR EBP GP II”);
• AKKR Growth Capital Management Company, LP (“AKKR GC GP”);
• AKKR Growth Capital Management Company II, LP (“AKKR GC GP II”);
• AKKR Growth Capital Management Company III, LP (“AKKR GC GP III”);
• AKKR Growth Capital Management Company IV LP (“AKKR GC GP IV”);
• AKKR Credit Partners Management Company, LP (“AKKR Credit GP”);
• AKKR Credit Partners Management Company II LP (“AKKR Credit GP II”);
• AKKR-NV SMA GP LP (“NV SMA GP”); and
• AKKR Management Company, LLC (“AKKR Management I”). Other Adviser:
• EAK Management UK, LLP (“EAK Management”) The Advisers’ clients (collectively the “Funds,” and together with any future private investment fund to which AKKR or its affiliates provide investment advisory services, “Private Investment Funds”) are listed on Appendix I attached hereto. The Advisers each serve as general partner to the applicable Fund(s) and have the authority to make the investment decisions for the Fund(s) to which they provide advisory services. AKKR Mgmt Co also serves as the management company to the Funds pursuant to management agreements. Each Adviser is subject to the Advisers Act pursuant to AKKR Mgmt Co’s registration in accordance with SEC guidance. This Brochure describes the business practices of the Advisers, which operate as a single advisory business and are under common control. All advisory employees of AKKR are employed through AKKR Mgmt Co. AKKR GC GP also serves as the general partner to Accel-KKR SCP California Co- Invest, LP, a Delaware limited partnership (“California Co-Invest”). California Co-Invest was formed to invest on side-by-side basis with GC I in certain companies that are headquartered in California or otherwise conduct the majority of their operations or businesses in the state of California. The terms applicable to an investment in California Co-Invest are substantially similar to the terms of an investment in GC I and accordingly references herein to the
activities and terms of GC I should be read to include the activities and terms of California Co-Invest unless otherwise noted. The Advisers also manage Accel-KKR Members Fund, LLC and Accel-KKR Members Fund II, LLC (the “Members Funds”), which make co-investments side-by-side with various Funds in portfolio investments. The Funds are each private investment funds and, with respect to the PE Funds and Emerging Buyout Funds, generally invest through negotiated transactions in holding companies that in turn own private operating companies, generally referred to herein as “portfolio companies.” The Growth Capital Funds were established to make investments in portfolio companies consisting of investments in structured minority preferred equity or subordinated debt with equity enhancements. The Credit Funds were established to generally generate proprietary direct lending to portfolio companies. Investments of the Funds are made predominantly in non- public companies, although investments in certain public companies are permitted. Where such investments consist of portfolio companies, the senior principals or other personnel of the Advisers or their affiliates generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Funds have invested. The Advisers’ services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, monitoring investments and achieving dispositions for such investments, each on a discretionary basis. The Advisers’ advisory services for Private Investment Funds are further described in the applicable private placement memoranda, if available, or other offering documents and Fund Agreements (as defined below) (together with the offering documents, the “Governing Documents”) as well as below under “Methods of Analysis, Investment Strategies and Risk of Loss” and “Investment Discretion.” Investors in Private Investment Funds (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Fund, but in certain circumstances are permitted to be excused from a particular investment in certain of the Funds due to legal, regulatory or other agreed-upon circumstances, in each case pursuant to the terms of the applicable Fund Agreement for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between the Advisers and any investor. The Private Investment Funds or the Advisers have entered into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, or altering or supplementing the terms (including economic or other terms) of a Private Investment Fund’s Fund Agreement. As of December 31, 2023, the Advisers managed approximately $19,299,000,000 in client assets on a discretionary basis. AKKR Management Company, LLC, a Cayman Islands limited liability company, acts as the general partner of AKKR Mgmt Co. AKKR Mgmt Co is principally owned and operated by Thomas Barnds and Robert Palumbo.