Medley Partners Management LLC

Medley Partners Management LLC is a fund-of-funds manager that provides discretionary investment management and supervisory services to private investment funds and separately managed accounts established for philanthropic foundations and affiliated family entities. The firm invests across private asset classes — including buyout, growth equity, venture capital, real estate and credit — primarily by acquiring limited partnership interests and, in some instances, participating in co-investments in the U.S., Europe and Asia; regulatory assets under management are roughly $7 billion.

Medley Partners’ process emphasizes third‑party manager selection, due diligence on fund terms and track records, ongoing monitoring and periodic reporting, with an internal investment committee reviewing proposed investments and portfolio performance. When opportunities are limited, the firm allocates to managed funds ahead of separately managed accounts and applies documented allocation and oversight practices to address conflicts that can arise from performance-based compensation and side‑by‑side management.

What distinguishes Medley Partners from many peers is its client base: it primarily manages pooled vehicles for charitable organizations and family-affiliated foundations (including the Simons Foundation, the Heising‑Simons Foundation, the Foundation for a Just Society, and the Sea Change Foundation) and does not solicit outside investors. The firm also operates through affiliated general partners that receive carried interest and maintains investor-specific structures (e.g., investor minimums, audited annual financial statements and K-1 tax reporting) aligned with long‑term, illiquid private investments.