Overview
A. Guidepost Growth Management Company, L.P., a Delaware limited partnership founded
in 2007, is an investment advisor located in Boston, MA.
Guidepost was formerly known as North Bridge Growth Equity (“NBGE”), the growth
equity arm of North Bridge Venture Partners (“NBVP”) which focused on early-stage
venture investing. Following a successful buyout of its management company in 2016,
NBGE became fully independent and rebranded as Guidepost Growth Equity in 2017.
The Firm’s managing members (“Managing Members”) are Christopher Cavanagh,
Eugene Nogi, and Russell Pyle. The Firm is principally owned by the Managing Members.
Please see Schedule A of the Part 1A of this Form ADV filing for a comprehensive report
of Guidepost’s direct owners.
B. Guidepost serves as an investment advisor to pooled investment vehicles (each a “Fund”
and together the “Funds”). The Firm currently and may in the future provide advisory
services to vehicles formed for the purpose of one or more co-investment opportunities.
Investors should refer to their respective Offering Documents (as defined below) for
disclosures related to co-investment opportunities. 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)(7) of the Investment Company Act.
Guidepost provides discretionary investment management services to the Funds
pursuant to each Fund’s investment advisory agreement with Guidepost, and Guidepost
manages the assets of the Funds in accordance with the applicable limited partnership
agreements and other such agreements (“Offering Documents”).
Guidepost generally seeks to make growth equity investments in private companies in the
middle market, focusing on investments in technology businesses, or businesses where
technology may be applied to increase sales, lower operating costs, or otherwise increase
shareholder value.
C. Guidepost does not expect to tailor advisory services to the individual or needs of the
investors in the Funds. Such investors accept the terms of advisory services as set forth in
the Offering Documents prepared for each respective Fund. 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. Guidepost does not participate in wrap fee programs.
E. As of December 31, 2023, Guidepost managed $1,514,611,009 in regulatory assets under
management on a discretionary basis.