Seaport Capital, LLC

Seaport Capital, LLC is a New York City-based private equity firm established in 2000. The firm specializes in making and managing investments in private middle market companies in sectors such as communications, business and information services, and media. Seaport is owned by M. Scott McCormack and Robert Tamashunas, with founders William K. Luby and James J. Collis remaining actively involved. The firm follows a value-based, active investment approach, focusing on recurring revenues, high organic earnings, and growth rates driven by expanding markets. Seaport tailors its services to each fund's investment objectives and restrictions outlined in the offering memorandum. For potential clients, Seaport requires a minimum investment from high net worth individuals, family offices, banks, pension plans, and other entities. The firm charges management fees ranging from 1.5% of capital commitments during the investment period to 1.5% of net invested capital thereafter. Seaport may also receive performance fees based on income and capital appreciation. The firm has no disciplinary events to disclose and exercises discretion over investment decisions. Seaport's investment strategies involve risks such as business risks, concentration of investments, and reliance on management teams. Clients are provided with detailed risk factors in fund documents. Seaport has a Code of Ethics to ensure ethical conduct and a fair allocation of investment opportunities among funds. The firm exercises voting rights on behalf of clients and provides audited financial statements annually.