Solamere Capital, LLC

Solamere Capital, LLC provides discretionary investment advisory services to private pooled investment funds, advising the general partners of 24–27 U.S.-domiciled private fund partnerships and limited liability companies with approximately $5.42 billion in regulatory assets under management as of December 31, 2024. The Adviser focuses on private equity, venture capital, mezzanine and distressed-debt opportunities and generally does not tailor services to individual investors; fund investors are typically accredited or qualified purchasers and funds commonly have high minimum commitments (often around $10 million, subject to waiver).

The firm’s investment activity spans direct portfolio company investments and commitments to other private investment funds, with due diligence that includes financial and operational analysis, manager track records and legal review, and ongoing monitoring through regular reporting and annual audited financials. Investment decisions require unanimous approval of the Managing Partners and the firm routinely offers co‑investment opportunities (including an established co‑invest program allocating roughly 10% of estimated private equity allocations to certain executive partners and advisors).

One practice that is uncommon for managers focused on pooled vehicles is Solamere’s stated selection and recommendation of third‑party advisers for Fund Investments; the Brochure notes the firm does not receive compensation from those advisers and requires unanimous Managing Partner approval before committing to an adviser. The Brochure also discloses governance and conflict‑management features—such as use of side letters, the potential to receive company‑level monitoring fees, and a formal Code of Ethics—and describes procedures the firm uses to address potential conflicts arising from those practices.