Description of Firm Virtera Partners LLC is a registered investment adviser based in Pepper Pike, Ohio providing investment advisory services since August 2020. We are organized as a limited liability company ("LLC") under the laws of the State of Ohio, and are primarily owned by Adelman Family Investment Company LLC and Chaya Slain.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to Virtera Partners LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Investment Advisory Services We are in the business of providing high-quality, independent investment advice to a select group of ultra-high net worth families to preserve and growth their wealth. We provide confidential, customized advice to you based on your family's specific situation. We will work with you to gain a comprehensive understanding of your financial situation, such as your financial goals, investment objectives, risk tolerance, and liquidity needs. Based on this understanding, we will assist you in constructing, monitoring, and maintaining an investment portfolio that is suitable for your situation. We will also work with your estate planning attorneys, CPAs or other professionals to incorporate estate planning and taxes into your investment plan.
Our value proposition is to help you understand the "big picture" of your investment portfolio so that we can position it in a way to best achieve your family's specific goals. Every family is different, so we believe it is important to construct a portfolio that is fully tailored to your situation. We only work with a select group of families to ensure that we can provide a customized, high-touch experience to every client.
We specialize in constructing portfolios that are diversified across asset classes and include allocations to alternative investments, such as private equity, venture capital, real estate, hedge funds, and commodities. We are completely independent from other financial service organizations and look at each opportunity in your best interest. We leverage our wide network of relationships, and apply a rigorous, disciplined, and transparent diligence process to identify what we believe to be best-in-class investment managers and strategies that will provide the appropriate exposures for your portfolio. We may invest or recommend you invest in a variety of investments, such as stocks, bonds, ETFs, mutual funds, and limited partnerships. We may also use one or more Third Party Money Managers ("sub- advisers") to manage a portion of your portfolio. We will regularly monitor the performance of your investments and recommend changes as deemed necessary. We also provide reporting on all investments on a regular and ongoing basis.
On a limited basis, we will provide some of our investment advisory services as part of a consulting arrangement for a fixed fee. Each of these consulting arrangements are based on the client's request and are not as comprehensive as what is provided to investment advisory services clients.
We offer our services on a discretionary and non-discretionary basis depending on your preference. If you participate in our discretionary investment management services, we require you to grant our firm discretionary authority to manage your accounts. Discretionary

authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without your approval prior to each transaction. It will also allow us to hire and fire any sub-adviser without your approval. If you enter into non-discretionary arrangements with our firm, we will obtain your approval 6 prior to executing and transactions on behalf of your account, or before hiring or firing any sub-adviser.
You have an unrestricted right to decline to implement any advice provided by our firm on a non- discretionary basis.
Private Investment Funds Virtera Partners serves as the investment manager to Virtera Select Fund, LP Virtera Serenity Fund, LP, Virtera Private Select Fund I, LP, and Private Select Trimer SPV I, LP ("Funds"), each a private investment fund ("Fund"), and is responsible for the formulation and implementation of the Funds' investment strategies, evaluating and monitoring the Funds' investments and making all investment decisions for the Funds. The investment advisory services provided to the Funds are governed by each Fund's respective offering documents. Virtera Partners bases its advice to each Fund on the investment objectives set forth in the applicable offering memorandum, organizational documents, investment management agreement, and/or subscription agreements, as the case may be (each and collectively, the "Governing Documents"). The Funds are available for investment only by institutional investors and other sophisticated, high-net worth investors, who meet the eligibility requirements of the applicable Fund set forth in their Governing Documents. The Funds are exempt from registration as an investment company under the U.S. Investment Company Act, as amended (the "Investment Company Act"), under Section 3(c)(7) thereof. Investors and prospective investors should refer to each Fund's offering documents for a complete description of the risks, investment objectives and strategies, fees and other relevant information pertaining to investments in that Fund.
Virtera Select GP, LLC, serves as the general partner to Virtera Select Fund, LP and Virtera Serenity Fund, LP, while Virtera Private Select Capital Partners, LLC serves as the general partner to Virtera Private Select Fund I, LP and Private Select Trimer SPV I, LP. Each general partner is primarily responsible for the management of its respective Fund. Both general partner entities and the investment manager are controlled by Chaya Slain. Wrap Fee Programs We do not participate in any wrap fee program.
Types of Investments We typically offer advice on exchange traded funds ("ETFs"), mutual funds, stocks, and alternative investments including, but not limited to: private placements, hedge funds, private equity, real estate, oil and gas, venture capital, and other business opportunities. Additionally, we may advise you on various types of investments based on your stated goals and objectives. Since our investment strategies and advice are based on each client's specific financial situation, the investment advice we provide to you may be different or conflicting with the advice we give to other clients regarding the same security or investment. Assets Under Management As of December 31, 2022, we provide continuous management services for approximately $145,801,529 in client assets on a discretionary basis, and $39,937,117 in client assets on a non- discretionary basis. We also manage $402,655,427 in client assets on a non-continuous basis.