Granite Partners

Granite Partners is a registered investment adviser founded in May 2002 in St. Cloud, Minnesota. The firm specializes in providing investment management and advisory services to private equity funds exempt from registration under the Investment Company Act of 1940. The Partners, with over four decades of combined experience, focus on investing in non-public operating entities, primarily in attractive industries with revenues of $10 to $100 million and EBITDA of $1 to $10 million. The firm's investment strategy includes leveraged buyouts, recapitalizations, and growth capital investments, aiming to enhance Portfolio Companies' value through strategic repositioning and deliberate exit strategies. Granite Partners manages assets totaling $1,563,634,259 as of December 31, 2024, on a discretionary basis. The firm charges management fees ranging from 1.00% to 1.50% based on the Fund's assets under management. Additionally, the Adviser may receive performance-based profit allocations of 10-20% of profits, subject to certain conditions. The firm operates with investment discretion, making decisions without consulting investors, and has implemented a Code of Ethics to ensure ethical conduct and transparency in personal securities trading. Granite Partners maintains custody of assets with a qualified custodian and has policies in place for voting client securities when necessary. The firm has no disciplinary events and provides detailed financial information to clients, including audited reports and financial statements.