Madison Dearborn Capital Partners (VIII-A), L.P. is a private equity fund established in 2019 and incorporated in Delaware. This article analyzes the key information found in their recent SEC Form D filing, providing insights into the fund’s structure, leadership, and investment strategy.
Understanding Madison Dearborn Capital Partners’ SEC Form D Filing
The SEC Form D is a notice of exempt offering of securities, providing crucial information about a company raising capital. Madison Dearborn Capital Partners’ filing reveals key details about their operations and investment approach.
Fund Management and Key Personnel
Madison Dearborn Capital Partners VIII-A, L.P. operates out of Chicago, Illinois. The filing lists several key executives, all located at the same Chicago address, signifying a centralized management structure. These individuals hold roles as Executive Officers and Promoters, indicating their significant involvement in the fund’s operations and fundraising activities. The named executives include:
- Paul J. Finnegan
- Samuel M. Mencoff
- Zaid F. Alsikafi
- Elizabeth Q. Betten
- Richard H. Copans
- Vahe A. Dombalagian
- John Eric Knutsen
- Matthew W. Norton
- Scott G. Pasquini
- David E. Pequet
- Matthew W. Raino
- Thomas S. Souleles
- Timothy P. Sullivan
- Annie S. Terry
Investment Focus and Strategy
Madison Dearborn Capital Partners VIII-A, L.P. identifies as a Pooled Investment Fund, specifically a Private Equity Fund. This classification signifies their investment strategy focuses on acquiring ownership stakes in private companies. While the specific industries targeted are not explicitly mentioned in the filing, the substantial offering amount suggests a broad investment mandate.
Offering Details and Financial Information
The fund declared a substantial total offering amount of $4,500,000,000 USD, indicating ambitious fundraising goals. As of the filing date, no sales had occurred, with the total amount remaining to be sold equal to the total offering amount. Importantly, the fund declined to disclose its revenue and net asset value ranges.
Sales Compensation and Use of Proceeds
The filing details planned sales commissions, estimated at $375,000 USD, for the issuer and its parallel fund, offsetting management fees. No finder’s fees were reported. The filing clarifies that no proceeds will be used for payments to executive officers, directors, or promoters, although the general partner is entitled to a performance allocation and the investment manager receives a management fee, details of which are outlined in confidential offering materials.
Exemption Claims and Regulatory Considerations
Madison Dearborn Capital Partners VIII-A, L.P. claims exemption under Rule 506(b) and Section 3(c)(7) of the Investment Company Act of 1940. These exemptions allow the fund to raise capital from accredited investors without full SEC registration. The filing also clarifies that the offering is not connected to a business combination transaction.
Conclusion: Madison Dearborn Capital Partners’ Strategic Positioning
The SEC filing offers valuable insights into Madison Dearborn Capital Partners VIII-A, L.P.’s financial strategy and operational structure. With a substantial offering amount and a seasoned leadership team, the fund appears well-positioned for future investments in the private equity market. The information presented in the Form D provides a foundation for understanding the fund’s approach to capital raising and investment management.
