Mpe Partners

MPE Partners, also known as Morgenthaler Private Equity, is an investment adviser registered with the SEC since 1940. The firm, established in 2012, is wholly owned by six managing directors and primarily manages ten private funds focusing on lower middle market leveraged buyouts in manufacturing and industrial services. The Funds have total capital commitments ranging from $110.0 million to $633.2 million. MPE provides discretionary advisory services to the Funds, managing approximately $1.38 billion in assets as of December 31, 2024. For fee structure, MPE charges a management fee based on a percentage of committed capital, ranging from 2.0% to 2.5%. The firm also earns fee income from services provided to portfolio companies. MPE offsets management fees with fee income, commitment offsets, and excess organizational expenses. Carried interest is allocated to the General Partners based on profits generated by the Funds. The firm may engage in co-investment opportunities and has established an Executive Council to assist in sourcing and evaluating investments. MPE's investment strategy focuses on transitioning lower middle market companies into professionally managed organizations, targeting companies with EBITDA ranging from $8 million to $40 million. The firm's investment philosophy emphasizes human capital development, strategic growth, operational improvement, and financial enhancements. MPE's investment activities are led by the Investment Committee, and the firm exercises investment discretion on behalf of the Funds. MPE has adopted a Code of Ethics to address potential conflicts of interest and requires Covered Persons to act in the best interests of clients. The firm has not been involved in any legal or disciplinary events. MPE may engage third-party placement agents for investor attraction and has custody of client assets. The firm exercises voting discretion for client securities and has established policies for proxy voting. A balance sheet is not provided as MPE's financial condition does not impair its ability to meet contractual commitments. For more information, clients can contact the Chief Compliance Officer.