Overview
Stonetree was formed in February 2011 as an Illinois limited liability company and was
redomesticated to a Florida limited liability company in January 2013. We are an affiliated
company to SPC Capital Management, LLC that was founded in 2000. We currently provide
investment supervisory services to one private fund, Stonetree Capital Fund IV, LP (the “Private
Fund”) and to a limited number of separate accounts. We are wholly owned by Stonetree Capital
Management, LLC which is wholly owned by Patrick J. Casey who is the Managing Member. Mr.
Casey is also a CFA and he has more than 30 years experience in the financial services industry.
Our investment advice is limited to the Private Fund and the separate accounts in connection with
investments in a diversified group of private equity partnerships, concentrating on small and mid-
sized funds. The Private Fund’s objective is to obtain superior investment returns by investing in
a portfolio of venture capital, buyout, distressed debt, energy, power and special situation limited
partnership
funds. This investment focus provides both access to premier private equity funds and
investment diversification within the private equity sector. Diversification is by size, type,
investment focus and geography. The Private Fund is fully committed.
Investment restrictions and/or guidelines are described within the Confidential Private Placement
Memorandum for the Private Fund.
The Private Fund is a fund of funds, which provides an investment vehicle for investors of all sizes
to pool their financial resources to access desirable funds and to diversify their investment interests
by investing in different types of private equity funds. Examples of the investments that will be
made are venture capital, buyout, distressed debt and special situation funds. Please refer to the
Private Fund’s Confidential Private Placement Memorandum for more detailed information on its
investments.
The amount of client assets managed on a discretionary basis as of December 31, 2023 was
$38,271,000. We do not manage nondiscretionary assets for clients.