American Discovery Investment Advisors, LLC

American Discovery Investment Advisors LLC is a Los Angeles-based investment advisor specializing in strategic private equity services for lower-middle market companies, particularly founder-led and family-owned businesses across various industries. The firm, established in 2019, is owned by several trusts and serves as an investment advisor to American Discovery Fund, L.P., and American Discovery Co-Invest, L.P. The firm manages approximately $286,144,210 million of regulatory assets on a discretionary basis as of December 31, 2024, with a focus on lower-middle market companies with revenues ranging from $10 million to $100 million. Investment advice is tailored to each fund's needs and objectives, as outlined in the offering memoranda and governing documents. The firm's fee structure includes management fees based on assets under management and carried interest allocations. American Discovery Investment Advisors acts as a fiduciary, ensuring the best interests of the funds. The firm does not participate in wrap fee programs and does not manage investments on a non-discretionary basis. Clients must meet certain suitability requirements, and the minimum investment is typically $5,000,000. The firm has a Code of Ethics in place to ensure ethical conduct and compliance with securities laws. The firm does not have any disciplinary events to disclose and maintains custody of client funds through qualified custodians. The firm has discretionary investment authority and does not generally engage in public securities transactions. Proxy voting policies are in place for private companies owned by the funds. The firm does not require prepayment exceeding $1,200 in fees and has no financial conditions impairing its ability to meet commitments.