Committed Advisors lead investment in GP-led secondary transaction
We advised Committed Advisors on the GP-led transaction and continuation fund investment
Davis Polk advised Committed Advisors SAS as the lead investor in a single-asset GP-led secondary transaction with Monogram Capital Partners. Committed Advisors invested in a continuation fund managed by Monogram for the purpose of acquiring interests in Western Smokehouse Partners.
Founded in 2010, Committed Advisors is an independent private equity investment manager with $7 billion of assets under management. The firm is headquartered in Paris with affiliated offices in New York and Singapore. Through funds under management, Committed Advisors is dedicated to acquiring primarily mature private equity assets in North America, Europe and emerging countries in the small- and mid-sized segments of the private equity secondary market. It acts as a provider of liquidity in GP-led and spinout transactions as well as to owners of fund interests and/or portfolios of direct holdings in private companies via tailor-made transactions. Committed Advisors is also active in primary and early secondary opportunities, as well as co-investments alongside managers in its portfolio.
Headquartered in Los Angeles, California, Monogram Capital Partners currently manages over $1.5 billion in regulatory assets under management, focusing exclusively on investing in leading consumer businesses, supply chain partners and service providers.
Western Smokehouse Partners is the preferred manufacturing solution for the top brands and retailers in the premium, better-for-you, meat sticks category. The company provides co-manufactured, private label and branded meat snacks. It operates five facilities throughout the United States, with plans to expand to seven facilities by the end of 2025.
The Davis Polk corporate team included partner Leor Landa, counsel Michael W. Brasher and Benjamin Milder and associates Imad Rizkallah and Aziz Rashidzada. Partner Ethan R. Goldman and associates Ziyuan (Constance) Zhang and Georgianna Eck provided tax advice. All members of the Davis Polk team are based in the New York office.