A. ACG, a Delaware limited liability company formed in April 2011, is an investment advisor
located in New York, NY. The Firm’s founders and partners are Josh Goldin and Julian
Steinberg (the “Partners”).
B. ACG serves as an investment advisor to pooled investment vehicles, including parallel
investment partnerships, and pooled investment vehicles that are designed for the purpose
of making co-investments (each a “Fund” and collectively the “Funds”). The Funds rely
on an exemption from registration under the Investment Company Act of 1940, as amended
(the “Investment Company Act”), pursuant to Section 3(c)(1) of the Investment Company
Act. The Funds are considered the clients of the Firm.
Currently, ACG has nine employees, most of whom perform investment advisory
functions. ACG’s General Partners are ACG GP Partners, LLC, and ACG GP Partners II,
LLC, ACG GP Partners III, LLC, ACG GP Partners IV, LLC, ACG GP Partners V, LLC
and ACG GP Partners 2022 Co-Invest LLC.
ACG provides discretionary investment management services to the Funds pursuant to
each Fund’s investment advisory agreement with ACG; and ACG manages the assets of
the Funds in accordance with the applicable limited partnership agreements and other such
agreements (“Offering Documents”). ACG’s investment objective is to generate long-term
capital appreciation through
consumer growth investing in consumer retail companies,
(each a “Portfolio Company” and collectively the “Portfolio Companies”). Specifically,
ACG aims to target Portfolio Companies with top line revenue between $5 million and
$100 million that have capacity for growth. ACG intends to contribute value-added growth
capital to each of its Portfolio Companies as is further described in the Offering
Documents.
ACG is affiliated with other entities that are or may become general partners (each a
“General Partner” and collectively the “General Partners” to each of the Funds). Each of
ACG’s current Funds are controlled by those General Partners that ACG is affiliated with
as of the date of this Brochure.
C. ACG does not expect to tailor advisory services to the individual or particular needs of the
investors in the Funds. Such investors accept the terms of advisory services as set forth in
each Offering Document. The Firm expects to have broad investment authority with respect
to the Funds and, as such, investors should consider whether the investment objectives of
the Funds are in line with their individual objectives and risk tolerance prior to investment.
D. ACG does not participate in wrap fee programs.
E. As of December 31, 2023, ACG managed $964,742,622 in regulatory assets under
management on a discretionary basis.