|
⚲
|
| Keyboard |
| Decathlon Capital Management II LLC
✚
|
|
|---|---|
| CRD # | 175030 |
| SEC # | 801-108317 |
| CIK # | |
| AUM | 266.7 M (2026-03-31) |
| Employees | 13 (38% Investors, 0% Brokers) |
| Fees | |
| Minimum | |
| Phone | 435-200-1051 |
| Address | 1441 West Ute Blvd, Suite 240 Park City, UT 84098 |
| Source | [IAPD] [Website] [LinkedIn] |
| Total AUM ($M) |
|---|
| Fees and Compensation — Form ADV Part 2A (3/31/2026) [Brochure] |
|---|
Item 5 - Fees and Compensation Fees for Client Investment Advisory Services As compensation for investment advisory services rendered to the Clients, Decathlon receives from each Client a management fee, as further described in each Client’s offering documents (the “Management Fee”) and as described generally below. Management Fees may differ from one Client to another, as well as among investors in the same Client. The fee structures described below may be modified from time to time. Decathlon Alpha III, L.P. The Management Fee is paid quarterly in advance and is equal to 2.0% (the “Fee Rate”) of the greater of (i) the aggregate capital committed by all limited partners; and (ii) the sum of (x) the aggregate capital contributions of all limited partners as of the last day of the immediately preceding calendar quarter plus (y) the Reinvestment Amount (as defined in Fund III’s offering documents) of Fund III as of the last day of the immediately preceding calendar quarter, subject to the terms of the Amended and Restated Management Agreement between Decathlon and Fund III. For each successive twelve-month period following the end of the Commitment Period (as defined in Fund III’s offering documents), the Fee Rate will be equal to 1.5% of the greater of (i) the aggregate capital committed by all limited partners; and (ii) the sum of (x) the aggregate capital contributions of all limited partners as of the last day of the immediately preceding calendar quarter plus (y) the Reinvestment Amount of Fund III as of the last day of the immediately preceding calendar quarter. The Management Fee is deducted from the assets of Fund III. Management Fees paid by Fund III are indirectly borne by the investors in Fund III. Upon termination of Decathlon as the manager for Fund III, any paid but not yet earned Management Fees will be repaid to Fund III on a prorated basis. The Management Fee is generally subject to waiver or reduction by Fund III’s General Partner in its sole discretion. In addition, Fund III is responsible for its partnership expenses, which includes all costs and expenses relating to Fund III’s activities, investments and business (to the extent not borne or reimbursed by a portfolio company), including (i) all costs and expenses attributable to the due diligence, acquisition, holding, monitoring and disposition of Fund III’s investments (including travel expenses incurred by Fund III’s General Partner, Decathlon or the managing directors relating to performance of due-diligence, negotiation, closing and managing of Portfolio Financings and Related Securities, interest on money borrowed by Fund III, registration expenses and brokerage, finders’, custodial, account clearing house, collection and other fees) as well as any costs incurred relating to serving as a director in any portfolio company, (ii) third-party legal, accounting, auditing, consulting and research fees and associated with negotiating, consummating, monitoring and disposing of Fund III’s particular portfolio investments (iii) expenses of preparing annual or other reports to the partners, including, without limitation, third-party accounting, auditing, legal and consulting fees and costs associated with the preparation of Fund III’s financial statements, tax returns and Schedules K-1 (including expenses for any person appointed by Fund III’s General Partner to serve from time to time as an administrator of Fund III), (iv) expenses of Fund III’s advisory committee and its members thereof, (v) extraordinary expenses of Fund III (including, but not limited to, valuation expenses, litigation and indemnification costs and expenses, judgments and settlements ), (vi) all out-of-pocket fees and expenses relating to investment and disposition opportunities for Fund III whether consummated or not consummated (including legal, accounting, consulting, printing and other fees and real estate title and appraisal costs), (vii) any taxes, fees, or other governmental charges levied against Fund III; and (viii) the Management Fee. All costs and expenses that are the common expense of Fund III and a parallel fund shall be allocated among such entities based on the respective capital commitments of each entity. Fund III is also responsible for its organization expenses, which includes all costs and expenses incurred by Fund III, Fund III’s General Partner, Decathlon or its affiliates in connection with the organization and formation of Fund III and the offering and sale of limited partnership interests, including attorneys’ fees, accountants’ fees, data site creation and maintenance, printing and mailing costs, charges of agents and depositories, costs of filings for, registration and qualification of the limited partnership interests under applicable securities laws, reimbursements of reasonable out-of- pocket expenses associated with the formation of Fund III and the sale of limited partnership interests; provided, however, that it is acknowledged that Fund III will not pay any investment banking or private placement fees in connection with the offering. Organizational expenses that are the common expense of Fund III and a parallel fund shall be allocated between such entities based on the respective capital commitments of each entity. Decathlon Alpha IV, L.P. The Management Fee is paid quarterly in advance and is equal to 2.0% (the “Fee Rate”) of the greater of (i) the aggregate capital committed by all limited partners; and (ii) the sum of (x) the aggregate capital contributions of all limited partners as of the last day of the immediately preceding calendar quarter plus (y) the Reinvestment Amount (as defined in Fund IV’s offering documents) of Fund IV as of the last day of the immediately preceding calendar quarter, subject to the terms of the Management Agreement between Decathlon and Fund IV. For each successive twelve-month period following the end of the Commitment Period (as defined in Fund IV’s ... |
| Account Minimums and Types of Clients — Form ADV Part 2A (3/31/2026) [Brochure] |
|---|
Item 7 - Types of Clients Decathlon currently provides investment advisory services solely to the Clients, which are private funds and businesses. Investment advice is provided directly to the Clients, subject to the direction and control of the General Partner or Managing Members of such Client, and not individually to the investors of such Client. Interests in the Funds are offered pursuant to applicable exemptions from registration under the Securities Act and the 1940 Act. Permitted investors in the Funds may include high net worth individuals, banks, thrift institutions, pension and profit-sharing plans, endowments, foundations, trusts, estates, charitable organizations and other business entities. The minimum investment requirement for a Fund offered by Decathlon varies from Fund to Fund, but typically begins at $250,000. However, the General Partner of each Fund, in its sole discretion, may permit investments that are less than the required minimum investment commitment set forth in the applicable Fund’s offering documents. In addition, legal eligibility requirements must be met to invest in a Fund. |
| Type | Form D Funds | Date | Sold | AUM |
|---|---|---|---|---|
| Other | Decathlon Alpha VI LP | [2026-03-31] | 141.4 M | |
| Offered $300,000,000 · Filed 2025-06-18 (D) · Exemption 506(b), 3(c), 3(c)(7) · Remaining $158,585,858 · Duration One year or less · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha Social Equality Fund LP | [2023-03-30] | 11.8 M | 5.2 M |
| Offered $25,000,000 · Filed 2024-01-22 (D/A) · Exemption 506(b), 3(c), 3(c)(1) · Remaining $13,181,818 · Duration More than one year · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha IV LP | [2019-03-29] | 150.0 M | 71.5 M |
| Offered $250,000,000 · Filed 2018-08-15 (D) · Exemption 506(b), 3(c), 3(c)(7) · Remaining $100,000,000 · Duration One year or less · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha V LP | [2019-03-29] | 159.7 M | 104.1 M |
| Offered $300,000,000 · Filed 2022-07-05 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Remaining $140,317,636 · Duration More than one year · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha III LP | [2016-02-12] | 120.0 M | 26.5 M |
| Offered $120,000,000 · Filed 2016-04-14 (D/A) · Exemption 506(b), 3(c), 3(c)(7) · Duration One year or less · Commission $298,250 · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha II LP | [2013-09-19] | 13.0 M | 0.1 M |
| Offered $150,000,000 · Filed 2013-09-30 (D) · Exemption 506(b), 3(c), 3(c)(1) · Remaining $137,020,202 · Duration One year or less · Net Assets Decline to Disclose | ||||
| Other | Decathlon Alpha LP | [2013-09-19] | 10.6 M | 1.0 M |
| Offered $15,000,000 · Filed 2012-08-16 (D/A) · Exemption 506 · Remaining $4,443,341 · Duration More than one year · Revenue Decline to Disclose | ||||
| AUM Breakdown | Accounts | AUM ($M) |
|---|---|---|
| By Client Type | ||
| (a) Individuals (other than high net worth individuals) | 0 | 0.0 |
| (b) Individuals (high net worth individuals) | 0 | 0.0 |
| (c) Banking or thrift institutions | 0 | 0.0 |
| (d) Investment companies | 0 | 0.0 |
| (e) Business development companies | 0 | 0.0 |
| (f) Pooled investment vehicles | 4 | 252.0 |
| (g) Pension and profit sharing plans | 0 | 0.0 |
| (h) Charitable organizations | 0 | 0.0 |
| (i) State or municipal government entities | 0 | 0.0 |
| (j) Other investment advisers | 0 | 0.0 |
| (k) Insurance companies | 0 | 0.0 |
| (l) Sovereign wealth funds and foreign official institutions | 0 | 0.0 |
| (m) Corporations or other businesses not listed above | 0 | 14.7 |
| (n) Other | 0 | 0.0 |
| Total | 5 | 266.7 |
| By Discretionary | ||
| Discretionary | 5 | 266.7 |
| Non-Discretionary | 0 | 0.0 |
| Total | 5 | 266.7 |
| By Non-United States Persons | ||
| Non-United States Persons | 0.0 | |
| United States Persons | 266.7 | |
| Total | 5 | 266.7 |
| Form D Directors | Role | # Filings | # Firms | 2011 - 2026 |
|---|---|---|---|---|
| Wayne Cantwell | Executive Officer | 25 | 3 | |
| John Borchers | Executive Officer | 16 | 3 | |
| R David Spreng | Executive Officer | 2 | 2 | |
| Spencer Thunell | Executive Officer | 5 | 1 |
| Firm Profile (Form ADV) | |
|---|---|
| Serves | Institutional |
| Comparable Firms | State | AUM |
|---|---|---|
|
Accrued Equities Inc
✚
|
NY | 271.8 M |
|
Fairlead Asset Management LLC
✚
|
CT | 271.6 M |
|
Baypointe Partners LLC
✚
|
CT | 270.5 M |
|
Foundation Energy Management LLC
✚
|
TX | 270.3 M |
|
Dunn Capital Management LLC
✚
|
FL | 269.0 M |
|
Remora Capital Management LLC
✚
|
TN | 268.6 M |
|
Retirement Planology Inc
✚
|
VA | 265.9 M |
|
Hudson Canyon Capital Management LLC
✚
|
NY | 263.9 M |
|
Millbank Dartmoor Portsmouth LLC
✚
|
NC | 263.2 M |
|
Cibra Capital LLC
✚
|
263.0 M |