Overview
SER Capital Is an investment adviser with its principal place of business located in
Redwood City, CA. SER Capital was formed in 2020 and began operations the same year.
The Adviser is privately held by its general partner, SER Capital Partners, LLC, which is
controlled by Rahul Advani and Sara Graziano.
The Adviser provides investment advisory services to privately offered pooled investment
funds (the “Funds”) that are exempt from registration under the Investment Company Act
of 1940, as amended (the “1940 Act”) and whose securities are not registered under the
Securities Act of 1933, as amended (the “Securities Act”).
The Funds make primarily long-term private equity and equity-related investments. In
accordance with the Funds’ respective investment objectives, investments are generally
made in middle market companies doing business in sustainable industrial,
environmental, and renewable sectors. The Adviser’s advisory services consist of
investigating, identifying, and evaluating investment opportunities, structuring,
negotiating, and making investments on behalf of the Funds, managing, and monitoring
the performance of such investments and disposing of such investments. The Adviser
serves as the investment adviser to the Funds in order to provide such services.
From time to time, SER Capital may allow Fund investors to invest in a co-investment
vehicle alongside the Funds. Co-investment opportunities may not be available or offered
to all
Fund investors.
With respect to the Funds, SER Capital manages each Fund in accordance with the
relevant limited partnership agreement, investment management agreement, offering
memorandum, or other applicable Fund documentation (collectively, “Offering
Documents”), where applicable.
Any Fund restrictions on investments are set forth in each respective Fund’s Offering
Documents. SER Capital does not tailor its investment advice to the individual investors
in each Fund that it manages. As such, investors cannot impose restrictions on the types
of investments made through the Funds. Subject to applicable law and each Fund’s
Offering Documents, the general partners of the Funds have entered into side letter
arrangements with certain investors and may continue to do so in the future. Side letters
have the effect of altering or supplementing the terms of such investors’ investments in
a Fund, including reductions of fees. In the future, side letters could provide certain
investors additional rights not otherwise available to other investors. To the extent such
side letter arrangements exist, certain investors in a Fund will receive more favorable
fees, access to information, liquidity, or other terms.
SER Capital does not participate in any wrap fee programs.
As of December 31, 2023, SER Capital managed approximately $500 million in Client
assets on a discretionary basis. SER Capital does not manage any Fund assets on a non-
discretionary basis.