A. The Adviser is a private equity firm with office in Dallas, Texas which invests in providers of
services and manufactured products who market to the upstream, midstream and downstream
sectors of the energy industry, and also to those who design, construct and/or operate
related hydrocarbon infrastructure. The Adviser provides investment advisory services on a
discretionary basis to portfolio company investment limited partnerships including single
portfolio companies, private funds (specifically, Turnbridge Capital Partners I, L.P.;
Turnbridge Capital Partner I-A, L.P.; Turnbridge Network Investors I, L.P.; TCP Brigade CIV,
L.P.; and TCP Probe CIV, L.P.) and a Separately Managed Account (“SMA”), (each, a
“Partnership,” and together, the “Partnerships”).
The Adviser was formed in December 2007 and is led and managed by its 4 Partners, each of
whom has 10 to 40 years of direct industry experience and most of whom have the benefit of
a decade or more working together. Kent Sweezey and Todd Tomlin have worked closely
together in either private equity or investment banking since 1995. Mitch Cox has worked
with Kent Sweezey and Todd Tomlin for approximately 14 of their past 21 years together.
John Clarke has known and or worked with Mitch Cox for 13 of the past 23 years and has
been investing with or working directly with Turnbridge for the past six years. The team is
known within the industry as deeply experienced, trustworthy, good investors, team-builders
and particularly skilled at driving value within their portfolio. Inclusive of the Partners, the
Adviser currently has 5 investment professionals and is
expected to be managed and supported
by up to approximately 6 professionals.
Each Partner delivers specific contributions to the success of the Firm and to its individual
portfolio companies, and fulfills specific roles in managing and leading the Firm.
B. Critical to its investment philosophy, Turnbridge seeks to invest alongside superior operating
management teams, most often as their company’s first institutional investor and partner, to
assist in the pursuit of shared strategic growth and value creation objectives. In addition,
Turnbridge will partner with experienced management teams with established track records in
specific industries to complete formation acquisitions and execute platform build-up
strategies.
From its office in Dallas, Turnbridge considers investment opportunities in a range of
industries, including energy and infrastructure, industrial manufacturing and services, and
transportation and distribution. Our founding partners have each spent their entire careers
in the southwest region of the U.S., and our expanding investment team has experience
across a diverse set of industry sectors and economic cycles.
C. As stated above, Turnbridge sponsors its Partnership clients for the purpose of raising
investment capital to invest in portfolio companies that meet its investment objective. In
addition, Turnbridge also follows the strategy stated above when providing advisory services
to its private fund and SMA clients.
D. The Adviser does not participate in wrap fee programs.
E. As of December 31, 2022, the Adviser managed $328,751,578 in discretionary portfolios.