Jmi Management, L.p.

JMI Equity is a private equity firm founded in 1992, with JMI Management, L.P. providing investment advisory services since 2005. The firm specializes in equity investments in privately-held, growth-stage companies in software and technology-enabled services industries. JMI manages assets on a discretionary basis, with regulatory assets under management totaling $9,483,668,766 as of December 31, 2024. The firm primarily focuses on growth equity investments in North American companies but may recommend other types of investments as well. For clients, JMI typically charges an advisory fee based on a percentage of capital commitments to the Fund, with variations based on Fund size and life stage. The firm may also receive carried interest based on a share of capital gains. JMI does not participate in wrap fee programs and manages client assets on a discretionary basis. The minimum investment commitment for clients is generally $5,000,000, subject to adjustment by the general partner. JMI's investment strategies involve proactive primary research to identify potential investments and rigorous due diligence processes. The firm's Code of Ethics emphasizes ethical conduct and fiduciary duties to clients. JMI discloses potential conflicts of interest related to compensation arrangements with portfolio companies and third-party service providers. The firm also has policies in place for proxy voting and custody of client assets. JMI has no financial conditions impairing its ability to meet client commitments and has not been subject to bankruptcy proceedings.