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.