L Squared Capital Partners

L Squared Capital Management LP, founded in May 2014, is an investment adviser specializing in providing advisory services to private investment funds. The firm focuses on investing in high-margin, high-growth companies in sectors such as technology, industrial technology, and education technology. Managed assets totaled $1,553,489,000 as of December 31, 2024, all managed on a discretionary basis. Clients typically pay management fees based on committed capital, with additional fees for services provided to portfolio companies. L Squared may receive performance-based fees and side-by-side management allocations. The firm primarily invests in privately held companies, engaging in long-term growth investment opportunities, buyouts, and founder liquidity events. Investment strategies include multi-faceted origination capabilities, disciplined investing, diversification, transaction control, and active portfolio management. L Squared closely monitors investments, provides quarterly investment summaries, and distributes audited financials to clients. The firm has a code of ethics, adheres to proxy voting policies, and does not receive soft dollar benefits. L Squared has no disciplinary history, and its principals have affiliations with Chicago Growth Partners. The firm's financial practices include custody of funds, investment discretion, and voting client securities. L Squared does not require prepayment exceeding $1,200 in fees or have any financial conditions impairing its ability to meet commitments.