Azalea Capital

Azalea Management Company, LLC is an investment advisory firm specializing in providing strategic equity capital to privately owned, lower middle-market firms primarily in the Southeastern United States. Established in 2013 by Messrs. Patrick A. Duncan, R. Patrick Weston, and Marshall H. Cole, III, the firm offers discretionary investment advisory services to limited partnerships, focusing on management buyouts, business recapitalizations, and growth plans. The firm manages approximately $27.1 million in regulatory assets under discretionary management as of December 31, 2024. Clients, including high net worth individuals and institutional investors, commit funds for investment at the Adviser's discretion. The Adviser charges a management fee equal to a percentage of total capital commitments, with no performance-based fees. The firm tailors advisory services to individual client strategies and does not participate in wrap fee programs. The Adviser's investment philosophy involves active involvement in portfolio companies, focusing on strategic planning, management enhancement, and operational improvements. The firm emphasizes investments in niche manufacturing, value-added distribution, consumer products, and business services. Clients receive quarterly reports and annual audited financial statements. The Adviser has implemented a Code of Ethics to address conflicts of interest and ensure compliance with securities laws. The firm does not recommend investments in which it or its related persons have a financial interest and does not engage in personal trading on recommended securities. The Adviser has custody of client assets through its affiliates acting as general partners and utilizes a qualified custodian for asset maintenance. The firm provides comprehensive ongoing monitoring of client portfolios and periodic reports to clients. Azalea Management Company, LLC does not receive compensation from third parties for advisory services and has no disciplinary events or bankruptcies in the past ten years.