Yield Capital Partners LLC

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Yield Capital Partners LLC
CRD #172281
SEC #801-108089
CIK #
AUM
Employees 2 (50% Investors, 0% Brokers)
Fees
Minimum
Phone212-883-3333
Address1445 East Mountain Drive
Montecito, CA 93108
Source [IAPD] [Website]
Total AUM ($M)
4003202401608002010201520212027
Fees and Compensation — Form ADV Part 2A (3/13/2024) [Brochure]
ITEM 5:  FEES AND COMPENSATION

YCP generally charges management fees of 1%‐1.5% of the aggregated cost of all portfolio investments.
Management fees are charged either quarterly or annually and are generally paid through capital calls
issued to Fund investors.  Fund investors are generally not eligible for partial refunds in the case of early
withdrawals  or  redemptions,  but  specific  details  are  set  forth  in  each  respective  Fund’s  limited
partnership  agreement,  and/or  other  agreements  governing  the  terms  and  conditions  investments  in
the Funds (collectively, “Offering Materials”).

YCP  may  also  charge  performance‐based  fees  based  on  a  percentage  of  net  profits  set  forth  in  the
Offering  Materials.  Performance‐based  fees  (sometimes  referred  to  as  “Carried  Interest”)  are  drawn
from the Funds’ accounts in the form of a profit allocation and are generally paid either to a YCP affiliate
or  subsidiary.  Specific  details  regarding  any  performance‐based  Carried  Interest  is  set  forth  in  each
respective Fund’s Offering Materials.

Upon completion of a Fund’s initial drawdown, each Fund shall reimburse its respective General Partner
and its affiliates for, with respect to any fiscal year, all organizational expenses for such fiscal year that
are attributable to the organization of the Fund but excluding fees payable to any placement agent or
marketing consultant engaged by the Fund’s General Partner or YCP in connection with the offering and
sale of interests in the Fund to investors.

YCP shall assume the routine, recurring operating expenses attributable to a Fund’s investment activities
on  the  terms  and  conditions  set  forth  in  the  Offering  Materials.    Such  operating  expenses  consist  of
compensation  and  expenses  of  the  employees  of  YCP,  including  salaries  of  the  partners  of  the  Fund’s
General Partner in their capacity as employees of YCP; and fees and expenses for administrative, clerical
and related support services, maintenance of books and records for a Fund, office space and facilities,
utilities and equipment rental insofar as they relate to the investment activities of a Fund.

The  operating  expenses  set  forth  above  exclude,  without  limitation,  the  management  fee  and  the
organizational  expenses;  all  costs  and  expenses  incurred  in  investigating,  developing,  negotiating,
structuring,  acquiring,  closing,  holding,  monitoring  and  disposing  of  a  Fund’s  investments  and  other

9771/80262-001 current/56654285v3

assets  (whether  or  not  consummated),  including,  without  limitation,  travel  expenses  in  connection
therewith; commissions or brokerage fees or similar charges incurred in connection with the purchase
or  sale  (or  proposed  purchase  or  sale)  of  securities  and  other  instruments  (whether  or  not  any  such
purchase  or  sale  is  consummated);  expenses  attributable  to  normal  and  extraordinary  investment
banking,  commercial  banking,  accounting,  auditing,  appraisal,  legal,  consulting,  custodial  and
registration  services  provided  to  a  Fund,  including  in  each  case  services  with  respect  to  the  proposed
purchase  or  sale  of  securities  by  a  Fund  that  are  not  reimbursed  by  the  issuer  of  such  securities
(whether or not any such purchase or sale is consummated); premiums for liability insurance to protect
a Fund, a Fund’s General Partner (including without limitation the General Partner acting as Tax Matters
Partner or as liquidator), its partners, its principal, YCP, and each partner, member, stockholder, officer,
director, manager, trustee, employee, agent, or advisor, or affiliate of any of the foregoing in connection
with the activities of a Fund; indemnification obligations; any sales taxes or other taxes of any kind, fees
or  government  charges  that  may  be  assessed  against  a  Fund;  all  expenses  relating  to  litigation  and
threatened litigation involving a Fund, including indemnification expenses; any extraordinary expense of
a Fund, including fees and expenses associated with any tax or other audit, investigation, settlement or
review  of  a  Fund;  liquidation  expenses  of  a  Fund;  the  costs  and  expenses  (including  travel‐related
expenses)  of  hosting  meetings  of  a  Fund’s  investors,  whether  individually  or  in  a  group;  costs  and
expenses  associated  with  preparation  of  a  Fund’s  financial  statements  and  tax  returns  and  a  Fund’s
reports to its investors; and all other expenses properly chargeable to the activities of a Fund.
Account Minimums and Types of Clients — Form ADV Part 2A (3/13/2024) [Brochure]
ITEM 7:  TYPES OF CLIENTS

As discussed in the Advisory Business section above, YCP provides investment management services to
private  fund  clients,  which  in  turn  are  offered  exclusively  to  sophisticated  investors.  Although  YCP
generally  seeks  minimum  account  commitments  from  its  clients  of  US$1,000,000,  it  can  waive  such
minimums in its discretion.
Type Form D Funds Date Sold AUM
VC CC Frontier LP AALO [2026-03-16] 18.6 M
Filed 2025-07-14 (D) · Exemption 506(b), 3(c), 3(c)(1) · Remaining Indefinite · Duration One year or less · Revenue Decline to Disclose
VC CC Frontier LP Arbor [2026-03-16] 3.2 M 3.5 M
Filed 2026-02-05 (D) · Exemption 506(b), 3(c), 3(c)(1) · Remaining Indefinite · Duration One year or less · Revenue Decline to Disclose
VC CC Co-Investment G LP [2025-03-26] 2.6 M 7.3 M
Offered $2,570,000 · Filed 2025-03-13 (D) · Exemption 506(b), 3(c), 3(c)(1) · Duration One year or less · Revenue Decline to Disclose
VC CSO Co-Invesment A LP [2025-03-26] 4.7 M
Filed 2025-01-29 (D) · Exemption 506(b), 3(c), 3(c)(1) · Remaining Indefinite · Duration One year or less · Revenue Decline to Disclose
PE YCP CFS LP [2022-04-29] 9.9 M 10.0 M
Offered $9,885,000 · Filed 2021-12-01 (D) · Exemption 506(b), 3(c), 3(c)(7) · Minimum $15,000 · Duration One year or less · Revenue Decline to Disclose
PE YCP DIF Rescale II LP [2022-04-29] 11.7 M 7.5 M
Offered $11,685,555 · Filed 2021-08-24 (D) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose
PE YCP DIF Rescale LP [2022-04-29] 16.6 M 16.9 M
Offered $16,600,000 · Filed 2021-08-13 (D) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose
PE Yield Capital Partners DIF LP [2022-04-29] 38.9 M 31.9 M
Offered $38,875,000 · Filed 2021-08-13 (D) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose
PE Yield Capital Partners IX LP [2022-04-29] 15.9 M 16.5 M
Offered $15,925,000 · Filed 2021-03-26 (D) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose
PE Yield Capital Partners VIII LP [2022-04-29] 5.0 M 0.1 M
Offered $5,000,000 · Filed 2021-02-10 (D) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Minimum $30,211 · Duration One year or less · Revenue Decline to Disclose
View All
AUM Breakdown Accounts AUM ($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 9 267.2
(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 0.0
(n) Other 0 0.0
Total 9 267.2
By Discretionary
Discretionary 9 267.2
Non-Discretionary 0 0.0
Total 9 267.2
By Non-United States Persons
Non-United States Persons 11.8
United States Persons 255.4
Total 9 267.2
Form D Directors Role # Filings # Firms 2011 - 2026
Brian Garrett Director 27 3
Jon Ylvisaker Director, Executive Officer 19 2
Ycp DB Mtp GP LLC Director 2 2
Yield Capital Partners Dif GP LLC Director 3 1
Yield Capital Partners IX GP LLC Director 1 1
Jason Dehaven Executive Officer 1 1
Cso Investment Management LLC Director 1 1
Ycp Hta GP LLC Director 1 1
Ycp PL GP LLC Director 1 1
Yield Capital Partners VII GP LLC Director 1 1
CC Frontier GP B LLC Executive Officer 1 1
Yield Capital Partners VIII GP LLC Director 1 1
Ycp Ztp GP LLC Director 1 1
Yield Capital Partners Cfs GP LLC Director 1 1
Blue Water PL GP LP Director 1 1
CC Frontier GP A LLC Executive Officer 1 1
Firm Profile (Form ADV)
ServesInstitutional
Fund TypesPrivate Equity
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