Bonaventure Capital, LLC

Bonaventure Capital, LLC is a SEC-registered investment adviser that serves individual clients and presents private pooled investment opportunities to its clientele through affiliated advisory relationships. The firm’s client relationships include direct advisory services for individuals and access to private investment funds offered to clients by affiliated advisers.

Clients may be offered public-market, ETF-based portfolios that are constructed using historical risk/return analysis and portfolio theory, while private-market opportunities presented to clients pursue venture capital, growth equity, leveraged buyouts, mezzanine and real assets sourced through the firm’s network. In at least one arrangement, an affiliated adviser provides sub-advisory services to a private market fund, handling investment identification, structuring, monitoring and disposition for that pooled vehicle.

Bonaventure’s practice is notable for its integration with affiliated advisers and pooled vehicles: affiliated entities have presented a private market fund to clients, the affiliated adviser serves as the fund’s sub-advisor and the relationship includes performance-based compensation at the fund level and the possibility of shared management fees when clients use both advisers. Allocation and conflict-management procedures are documented to address fairness when the same private-market investment is offered to clients across the affiliated firms, and the fund’s portfolio is managed on a non-discretionary basis by the sub-advisor.