Overview
DFW Capital Management, LLC ("DFW" or the "Firm"), provides investment advisory, administrative
and related services to private equity investment funds (the "Funds" or "Fund"). DFW focuses primarily
on lower middle market investments in healthcare, business and industrial services and specialty
pharmaceuticals. The Firm was established in 1994 and is majority owned by DFW Holdings, LP. The
principal owners with voting rights of DFW Holdings, LP are Keith W. Pennell, Brett L. Prager, Brian
Tilley and Douglas Gilbert, their interests being held through DFW Holdings, LP's majority owner DFW
Holdings-GP, LLC.
As used in this brochure, the words "DFW", "we", "our", and "us" refer to DFW Capital Management,
LLC, DFW IV-Continuation GP, LLC, DFW V-GP,
LLC, DFW VI-GP, LLC, and DFW VII-GP, LLC.
DFW provides portfolio management and administrative services to the Funds, including investigating,
analyzing, structuring and negotiating potential investments, monitoring portfolio companies and
advising the Funds as to disposition opportunities. Investment recommendations are communicated to
the General Partners / Managing Members of the Funds. The General Partners / Managing Members
of the Funds are ultimately responsible for all final investment decisions. The General Partners /
Managing Members of the Funds are related persons under common control of DFW.
As of December 31, 2023, we provide continuous management services for $2,063,636,874 in client
assets on a discretionary basis.