Overview
For purposes of this brochure, the “Adviser” means Long Point Capital, Inc. (“Long Point”), a
Delaware corporation, as filing adviser, together, where applicable, with Long Point Capital, LLC,
as a relying adviser, and Long Point’s affiliates that receive advisory fees or incentive
compensation.
The Adviser provides discretionary advice to investment vehicles (the “PE Funds”), which consists
of investigating, identifying and evaluating investment opportunities, structuring, negotiating and
making investments on behalf of the PE Funds, managing and monitoring the performance of such
investments and disposing of such investments. The Adviser may serve as the investment adviser
or general partner to the PE Funds in order to provide such services. The PE Funds make primarily
long-term private equity and equity-related investments and may also make debt or debt-related
investments from time to time. In accordance with the PE Funds’ respective investment objectives,
investments are generally made in growth-oriented small capital companies doing business in the
United States and Canada that have enterprise values ranging from $30 million to $150 million
(collectively, “growth-oriented small capital companies”).
The PE Funds are exempt from registration under the Investment Company Act of 1940, as
amended (the “1940 Act”) and each PE Fund’s securities are not registered under the Securities
Act of 1933, as amended (the “Securities
Act”). The Adviser provides investment supervisory
services to each PE Fund in accordance with the limited partnership agreement (or analogous
organizational document) of such PE Fund or separate investment and advisory, investment
management or portfolio management agreements (each, an “Advisory Agreement”). Investment
advice is provided directly to the PE Funds, subject to the discretion and control of the general
partner or managing member of each such PE Fund, if applicable, and not individually to the
investors in the PE Funds. Services are provided to the PE Funds in accordance with the Advisory
Agreements with the PE Funds and/or organizational documents of the applicable PE Fund.
Investment restrictions for the PE Funds, if any, are generally established in the organizational or
offering documents of the applicable PE Fund.
The principal owners of Long Point are Ira Starr and Eric Stephen Von Stroh. The principal
owners of Long Point Capital, LLC are Ira Starr and Eric Stephen Von Stroh. Messrs. Starr and
Von Stroh also have ownership interests in other affiliated entities of Long Point that receive profit
allocations from the Funds.
The Adviser has been in business since 1997. As of December 31, 2023, the Adviser managed a
total of $277,463,766 of client assets on a discretionary basis, and no client assets on a non-
discretionary basis.