Stripes Management, LLC (along with its affiliates and subsidiaries “Stripes” or the “Firm”), a Delaware
limited liability company, is an investment adviser located in New York, New York, formed in June 2008.
Stripes serves as an investment adviser to pooled investment vehicles (each a “Fund” or “Client” and
collectively the “Funds” or “Clients”), which are exempt from registration under the Investment Company
Act of 1940, as amended (the “Investment Company Act”), pursuant to Section 3(c)(1) and/or 3(c)(7) of
the Investment Company Act. Mr. Kenneth A. Fox is the principal owner of the Firm.
Stripes provides discretionary investment advisory services to the Funds. The Funds primarily seek to
acquire buyout and minority growth equity investments in technology-enabled and branded consumer
product businesses (each a “Portfolio Company” and collectively the “Portfolio Companies”). Investors in
the Funds (each, a “Partner”) invest with Stripes by purchasing interests in the Funds when a Fund is raising
capital.
Stripes manages the Funds in accordance with the investment objectives and limitations set forth in each
Fund’s offering memoranda, governing documents, including subscription agreements and side letters, and
the investment management agreement between Stripes and each Fund (“Operating Documents”). Stripes
utilizes a similar strategy for all of the Funds; however, some Funds may differ in their particular investing
approach, as specified in each Fund’s Operating Documents.
Stripes is affiliated with entities that serve as the general partners to each of the Funds (each, a “General
Partner” and, collectively, the “General Partners”) and each of the Funds is controlled by its respective
General Partner. The following
is a list of each of the General Partners, which are affiliated investment
advisers of Stripes:
General Partners:
• Stripes GP I, LLC
• Stripes GP II, LLC
• Stripes GP III, LLC
• Stripes III Co-Invest I GP, LLC
• Stripes GP IV, LLC
• Stripes IV Holdings GP III, LLC
• Stripes IV Co-Invest I GP, LLC
• Stripes IV Co-Invest II GP, LLC
• Stripes IV Fiducia GP, LLC
• Stripes IV Peachtree GP, LLC
• Stripes GP V, LLC
• Stripes GP V Offshore, LLC
• Stripes V Pinnacle GP, LLC
• Stripes V Sicurezza Co-Invest GP, LLC
• Stripes V Meadows Co-Invest GP, LLC
• Stripes V Offshore Genesis Co-Invest GP, LLC
• Stripes V Breezy Co-Invest GP, LLC
• Stripes GP VI, LLC
• Stripes GP VI Offshore, LLC
• Stripes VI Scarlet Co-Invest GP, LLC
• Stripes Secondary Holdings GP II, LLC
• Stripes Secondary Holdings GP III, LLC
• Stripes Continuation Fund GP I, LLC
The advisory services of Stripes Management, LLC and each of the General Partners, as affiliated
investment advisers, are described in this brochure. Each General Partner is deemed registered under the
Investment Advisers Act of 1940, as amended (the “Advisers Act”) pursuant to Stripes Management, LLC’s
registration in accordance with SEC guidance and the information set forth herein regarding the investment
advisory services provided by Stripes shall also apply in respect of the General Partners.
As of December 31, 2023, Stripes manages on a discretionary basis, regulatory assets under management
of $6,944,529,493. Stripes does not manage any client assets on a non-discretionary basis.
Stripes does not participate in wrap fee programs.