Overview
University Ventures was founded in 2011 and is wholly owned by its three managers, Daniel
Pianko, Gregg Rosenthal and Ryan Craig (the “Principals”).
University Ventures provides investment advisory services to privately offered pooled investment
funds and each of their related co-investment vehicles and special purpose vehicles (the “Funds”
and individually, each a “Fund”) and may, in the future, provide advisory services to managed
accounts (collectively with the Funds, the “Clients”). University Ventures manages each Client’s
assets on a fully discretionary basis in accordance with the investment objectives outlined in the
relevant Offering Documents (defined below) and/or investment management agreement for each
Client. University Ventures focuses primarily on investing in buyout investment opportunities in
portfolio companies (including, but not limited to, those related to lower middle market staffing,
education technology companies, business services enterprises, technology companies servicing
these markets, and select scaled training or education programs).
With respect to the Funds, University Ventures manages each Fund in accordance with the relevant
limited partnership agreement, investment management agreement, offering memorandum, or
other applicable Fund documentation (collectively, “Offering Documents”), where applicable.
Any Fund restrictions on investments are set forth in each respective Fund’s Offering Documents.
University
Ventures does not tailor its investment advice to the individual investors in each Fund
that it manages. As such, investors cannot impose restrictions on the types of investments made
through the Funds. Subject to applicable law and each Fund’s Offering Documents, the general
partners of the Funds have entered into side letter arrangements with certain investors and may
continue to do so in the future. Certain side letters may have the effect of altering or supplementing
the terms of such investors’ investments in a Fund, including by providing, among other things,
different information rights, co-investment rights and other economic rights that may be material,
reporting rights, excuse or exclusion rights, waiver of certain confidentiality obligations, certain
rights or terms necessary in light of particular legal, regulatory, or policy requirements of a
particular investor, additional obligations and restrictions with respect to structuring particular
investments in light of the legal and regulatory considerations applicable to a particular investor,
veto rights, and liquidity or transfer rights.
University Ventures does not currently participate as a manager in any wrap fee programs.
As of December 31, 2023, University Ventures managed approximately $470,495,534 of Client
assets. All assets are managed on a discretionary basis. University Ventures does not manage any
Client assets on a non-discretionary basis.