SOLACE CAPITAL PARTNERS, L.P.

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Adviser Profile
As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 11
of those in investment advisory functions 9
Registration SEC, Approved, 03/30/2015
AUM* 640,636,643 17.93%
of that, discretionary 640,636,643 17.93%
Private Fund GAV* 640,636,643 17.93%
Avg Account Size 640,636,643 17.93%
SMA’s No
Private Funds 1
Contact Info (31 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
761M 653M 544M 435M 326M 218M 109M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$640,636,643

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Brochure Summary

Overview

Solace is an investment management firm headquartered in Los Angeles, California that was formed on July 14, 2014 and commenced operations as an investment adviser on April 10, 2015. Solace provides investment management services to Solace Capital Special Situations Fund, L.P. (the “Fund”), a private fund focused on control-oriented special situations and distressed-for- control investments in complex, distressed or capital-constrained, lower-middle market companies, located primarily in North America. Solace General Partner, LLC, an affiliate of Solace, acts as the general partner of the Fund (the “General Partner”). The limited partners of the Fund are herein referred to as the “Limited Partners”. Solace is owned primarily by family limited partnerships and trusts that are ultimately controlled by Christopher Brothers and Brett Wyard, (the “Managing
Partners”). Solace provides discretionary investment services to the Fund. Solace provides investment advice directly to the Fund according to the Fund’s investment objectives and not individually to the Limited Partners. In general, Solace makes investment decisions on behalf of the Fund in its discretion based on the Fund’s investment objectives. Currently the Fund is past its commitment period and can make follow-on investments in its current portfolio companies. The Fund has been restructured such that different Limited Partners have been issued different classes of interests that correspond to different pools of assets and different economic terms as set forth in the Partnership Agreement (as defined below). As of December 31, 2023, Solace was managing approximately $640,637,000 of Fund assets (including commitments) on a discretionary basis.