Housatonic Partners

Housatonic Partners Management Co., Inc., established in December 2007, is a private equity firm specializing in buyout and recapitalization transactions for middle-market businesses. The firm provides discretionary investment advisory services to private investment funds, focusing on industries with high internal growth rates and returns on tangible capital, such as recurring services, media, and communications. The firm's investment strategy includes sourcing investments directly, conducting comprehensive due diligence, and active involvement in portfolio companies. Housatonic tailors its investment advice to each fund's objectives and typically does not accept individual investment restrictions from investors. The firm's fee structure includes management fees ranging from 1.00% to 2.50% of committed capital and performance-based compensation. Housatonic's investment philosophy emphasizes disciplined focus, proprietary sourcing, and optimal exit strategies. The firm's Principals are Mark G. Hilderbrand, Joseph M. Niehaus, and Barry D. Reynolds. Housatonic has no disciplinary information to disclose and does not engage in soft dollar arrangements or principal transactions. The firm's Code of Ethics ensures compliance with securities laws and addresses potential conflicts of interest. Housatonic does not participate in wrap fee programs and has custody of fund assets held with qualified custodians. The firm's investment discretion is subject to the terms of the fund agreements, and investors generally do not have the ability to direct proxy votes. Housatonic maintains financial stability and does not solicit prepayment exceeding $1,200 per client.