In 2019, she moved to Austin to launch Capstar Ventures with anchor capital from successful Texas entrepreneurs Steve Hicks, Kendra Scott, and Robert Gauntt. Former Chief Executive Officer Capital Creek Partners manages $509.6 million and provides investment advisory services for 32 clients (1:11 advisor/client ratio). What does this mean and why is it important? This Austin venture capitalist raised money from J.P. Morgan, Capital Creek Partners and others. If . Showing 1 - 3 of 3 top financial advisors. Co-Founding Partner & Co-Chief Investment Officer, Co-Founding Partner & Chief Financial Officer, Chief Compliance Officer, Chief Operating Officer & Legal Counsel, To view Capital Creek Partnerss complete commitments history, request access, Youre viewing 5 of 7 team members. I am honored and humbled to serve on the board for one of the greatest baseball and softball institutions in the world which unites people of all races, genders, and nationalities, said Mr. Gauntt. Capital Creek Partners Jan 2019 - Present4 years 4 months San Antonio, Texas Area Advisory Board Member Treaty Oak Equity LLC Nov 2017 - Present5 years 6 months Austin, Texas Adjunct Professor. What does this mean? We leverage diverse operating and investing expertise and extensive networks to support early-stage founders on their journey from start to scale. From 1991-96, Mr. Gauntt was with Goldman Sachs Private Wealth Management in Houston and also worked at Paine Webber Inc., both in London and New York City, prior to obtaining his MBA from The University of Texas. Does your fim accept soft-dollar benefits? San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. The firm doesnt compensate employees in addition to the salary for bringing in new clients. He excelled amongst the rest in the areas of business strategy, decision making, and financial management. Prosek Partners This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. I have worked with Jason for over ten years. 1608 5th ST., Suite 200. While working at Grace Beauty Capital, Mainsail Partners, and De Novo Ventures, she deployed and actively supported over $350M of equity investments, including early-stage disruptive consumer brands such as Rothys, Supergoop!, Parachute, Primary, and M.M.LaFleur. Should I Hire a Financial Advisor or DIY It? This relationship may introduce bias where a firm or related person recommends certain securities with which they are affiliated, rather than others that may have higher returns. So we created this website to help you, the potential investor, get the facts, find the best, and avoid fraud and Ponzi schemes. Each month, investor.com downloads the latest regulatory data from the SEC IAPD database. WASHINGTON, DC, March 28, 2023 HCI Equity Partners (HCI) announced today that Bob Currier has joined the HCI Executive Partner group to advise on human capital management, including talent acquisition, organizational design, leadership development and succession throughout the entire , HCIs Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Patrick Stroth on his podcast M&A Masters. Questions to ask A former Little Leaguer himself at West Side National Little League (Fort Worth, Texas), Mr. Gauntt later went on to play baseball for the University of Texas where he was a starting infielder on the Longhorns 1983 NCAA Division I National Championship team. Does your firm, or anyone associated with the firm, practice as a law firm? It doesnt run an office outside of the United States. AUSTIN, Texas-- ( BUSINESS WIRE )--Capstar Ventures L.P., an early-stage venture capital firm, announced today the close of its inaugural Fund I with . Is your firm affiliated with a law firm in any capacity? 323-500-0922. Capstar Ventures is the first fund to close as part of J.P. Morgan Asset Managements Project Sparka new initiative in which J.P. Morgan invests balance sheet capital in diverse, emerging alternatives fund managers, including minority-led and women-led venture capital funds. What does this mean and why is it important? The firm's last reported SEC (U.S. Securities and Exchange Commission) status is listed as For example, front-running is when a financial professional buys or sell securities ahead of their client. Learn morehere. His prior work experience includes Glencoe Capital and BMO Harris Bank. During their time in the program, his sons went on to tremendous success at the Senior League level, with Travis winning the 2009 Senior League Baseball World Series (SLBWS), Tyler playing in the 2010 SLBWS, and Turner winning back-to-back (2014-15) SLBWS championships. Checks take place monthly. Jason stands out as someone who has keen business judgment, fosters calculated risk-taking and is incredibly down to earth. Capital Creek Partners is a privately held investment firm serving influential families, endowments, foundations, and independent investment companies looking to expand their investment capabilities, particularly in private markets, where we look to establish long term partnerships with best in class management teams. Find out what fees Capital Creek Partners charges by checking out its Form CRS (Customer Relationship Summary), which lists the companys specific prices. Free and open company data on Texas (US) company Capital Creek Partners, LLC (company number 0803211608), 1608 W 5TH ST UNIT 200, AUSTIN, TX, 78703-5499 What does this mean? Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. Questions to ask relationships with our capital partners, and most importantly relationships with the management team. Jason is excellent at inspiring individuals, judging talent, and analyzing diverse business opportunities. AUSTIN, Texas--(BUSINESS WIRE)--Capstar Ventures L.P., an early-stage venture capital firm, announced today the close of its inaugural Fund I with $41.3 million of capital commitments. Wed love to chat. What does this mean? What does this mean and why is this important? Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Little League. For the most up-to-date information, please view the applicable SEC and FINRA reports above. Capital Creek Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. In total, Capital Creek Partners manages $509.6 million in assets. This could also limit the number and diversity of investment options available and may impact their transferability. CAPITAL CREEK PARTNERS is legally known as CAPITAL CREEK PARTNERS, LLC. Questions to ask A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. Capstar Ventures has invested in ten portfolio companies to date, including Culina, a leading plant-based food company; Stylust, a commerce technology platform; The Class, a health and wellness platform; Sarah Flint, a womens luxury shoe brand; Packed Party, a celebration lifestyle brand; St. Frank, a luxury home dcor brand; Museum of Ice Cream, an experience-first development company; Bravo Sierra, the first military-native wellness company; Eterneva, a grief wellness company; and Intraloop, a community insights technology platform. The members of the Little League International Board of Directors are volunteers in this service to Little League. FINRA data last verified November 07, 2022. Capital Creek Partners, registered in 2019, serves 1 state(s) with a licensed staff of 3 advisors. What does this mean? Investor.com is your trustworthy guide to the world of personal finance. What does this mean and why is it important? ewarfield@prosek.com Capital Creek Partners manages $509.6 million and provides investment advisory services for 32 clients (1:11 advisor/client ratio). . Mark graduated with a BE from Vanderbilt and an MBA from Stanford University. Questions to ask What does this mean? The firm has a small team, including 9 financial advisors. To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. All requests for updated information should also be reported directly to the SEC and/or FINRA. Read through our introductory course to financial advisors. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. Established in 2018, Capital Creek Partners was founded as a boutique multi-family office to serve a small number of prominent families. Kathryn embodies the type of fund manager we set out to back through the launch of our Project Spark initiative and we are thrilled to partner with Capstar Ventures on its inaugural fund, said Jamie Kramer, Head of Alternative Solutions at J.P. Morgan Asset Management and Investment Committee Chair for Project Spark. This could be detrimental to a client during down markets. To learn more about different types of pricing models, see our article on how much a financial advisor costs. We seek to invest in the best and brightest entrepreneurs solving their own pain points and addressing unmet consumer needs in todays rapidly changing consumer landscape. What does this mean? The $41.3 million was raised from an experienced group of individuals, family offices, and institutions including Capital Creek Partners, Tiger Partners L.P., and J.P. Morgan. Brett A. Barth. It is a TX Limited Liability Company. Prior to forming Capital Creek, Mr. Gauntt co-founded Avalon Advisors in 2001, where he remained until 2018. We could always rely on Jason to follow through on his commitments. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. In addition to the experience above, Mr. Gauntt is a Trustee for The University of Texas/Texas A&M Investment Management Company (UTIMCO), sitting on their Compensation Committee, Risk Committee, and Cyber Committee and also sits on the Boards for The Contemporary Austin, RBI Austin, and Hope Mozambique. Our combined experience enables us to have a deeper understanding of industry sector trends and business fundamentals which enhances the operating performance of our portfolio companies. For more information, please visit www.capstarventures.com or email venture@capstarventures.com. With Colfax Creek, Jason is a managing partner and board member for Midwest Innovative Products, Premier Engineered Products, Traverse City Products, and Dial Tool Industries. How does your firm mitigate them? SUITE 100, AUSTIN, TX. Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. Colfax Creek Capital, LLC 2020. 1. This situation may lead the firm or a related person to recommend proprietary investments and products that could generate larger commissions than other similar non-proprietary products. InvestingReview.org is not an investment adviser and is not endorsed by or affiliated with any U.S. or non-U.S. regulatory agency. Please note: Search data is accumulated by 3rd party and refreshed once per day. Questions to ask Win whats next. Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. We develop relationships with business owners and management and focus our capital and resources with a shared purpose of creating lasting value. Mr. Gauntt is currently the founding partner at Capital Creek Partners, a multi-family investment firm in Austin, Texas, as well as a co-founder and limited partner for Capstar Ventures, early-stage venture capital firm investing in consumer brands, in Austin. What does this mean and why is it important? This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Kathryn brings a unique perspective, deep expertise and a differentiated vision for investing in the next generation of consumer companies, and were pleased to be participating in the fund.. Questions to ask Credit. Capital Creek Partners is a wealth management firm based in Austin, Texas. This firm has 5 employees, of which 4 are employees in advisory roles. Questions to ask Mr. Gauntt spent the prior five years with Morgan Stanleys Private Wealth Management Division, assisting the company in opening the wealth management business in the southwest. Which securities does your firm trade for itself that it will also be recommending to me? PitchBook provides insight into a limited partners preferred investments, including actual and target allocations by strategy, secondary market preferences and interest in first-time funds. With experience from some of the largest institutions and endowments in the country, our goal is to create generational value for our partner families and organizations. What does this mean and why is it important? Established in 2019, it offers broad investment advisory services to retail investors including individualized strategic advice and wealth management over diversified asset classes, including both public and private investments, also known as wealth management. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. Does your firm offer mutual funds that have 12b-1 fees? Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, investing, retirement planning, and more. MEMBER owns more than 5% but less than 10%, FOUNDING PARTNER, CCO owns more than 25% but less than 50%, FOUNDING PARTNER owns more than 50% but less than 75%. The company handles $509.6 million in assets under management across 415 client accounts, placing it among the larger financial advisory firms in the country by assets under management (AUM). We are an investment partner organized to serve the needs of family offices, foundations, endowments, and private investment companies. We build solid partnerships with company owners and management teams to develop and execute their growth strategies. Founded by Kathryn Cavanaugh in 2019, Capstar Ventures invests nationwide in innovative consumer companies. 1303 SAN ANTONIO ST, Our system found no disciplinary alerts. Financial plans and investment portfolios are always unique to the client's personal financial situation. View contacts for Capital Creek Partners to access new leads and connect with decision-makers. What conflicts do I need to be made aware of? What does this mean? Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their clients. Where climate and . Prior to Capstar Ventures, she spent two years at the Texas Retirement System of Texas (TRS) allocating capital to hedge fund and long-only equity strategies and worked as an investment . Steve, Robert, and I are thrilled for the opportunity to partner with Kathryn to launch Capstar Ventures because we share a commitment to supporting the innovation and passion that entrepreneurs contribute to our world, and believe it is critical to building a brighter future, added Kendra Scott, Founder of Kendra Scott LLC. The SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. It is a TX Limited Liability Company. compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). Some firms receive these fees as payments, which creates an incentive to promote them. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Texas. Austin-Based, Woman-Owned Fund backed by J.P. Morgan Asset Managements Project Spark. Reach us at info@capitalcreek.com or one of our offices across Texas. While Capital Creek Partners advises clients across a variety of portfolio sizes, the average client balance is currently $15.9 million. With meaningful, diverse operating experience and an active approach, we strive to be more of a business partner than an investor. Along with more than a dozen at-large members from a variety of occupations and backgrounds, the Little League International Board has nine Field Directors, each representing one of Little Leagues nine regions, who are nominated by their peers for election to four-year terms by their regions District Administrators. Capital Creek Partners Apr 2022 - Present1 year 1 month Austin, Texas, United States Teacher Retirement System of Texas 2 years 10 months Private Equity Senior Associate Sep 2021 - Apr 20228. Unlike HTTPS connections, HTTP connections are not encrypted. InvestingReview.org does not provide investment advice. Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. 120-Day Approval, with a registration date of Apr 29, 2019. Regulatory disclosures state that firm sells proprietary investments and products. This firm has 5 employees, of which 4 are employees in advisory roles. Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. Founded in 2015, the firm has raised more than $1 billion in funds from corporate and institutional investors and invested in over 60 companies. The management of the property and business affairs of Little League Baseball, Incorporated, is vested in the International Board of Directors. The SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. INVESTMENT CRITERIA INVESTMENT RANGE $2 million to $20 million All rights reserved. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. All rights reserved. It manages $133.16 million of regulatory assets for 1 client accounts. Financial advisory firms charge fees in different ways, such as a percentage of your assets (aka AUM, or assets under management), an hourly fee, or a fee for a specific service. How does your firm approach insurance sales? Capital Creek Partners, registered in 2019, serves 1 state (s) with a licensed staff of 3 advisors. Importantly, we align ourselves with our partners as we invest alongside them in everything we do. After interviewing dozens of PE firms, I chose to partner with Jason based on, not only his knowledge and strong business acumen, but he was truly the right fit. Nipun Capital, Twelve Points Wealth Management, Alera Investment Advisors, Dorsey, Wright & Associates, O'brien Capital Advisors, Was this page helpful? You can reach the main office by calling the phone number 2102967119. Jason Duzan is professional, down to earth, genuine, calm, supportive, and works with you like a true partner. Chief Executive Officer Little League - Character, Courage, Loyalty. investor.com is not endorsed by or affiliated with the SEC or FINRA. Private Equity. With meaningful, diverse operating experience and an active . CAPITAL CREEK PARTNERS ( CRD # 301211/SEC#:801-115166 ) CAPITAL CREEK PARTNERS, CAPITAL CREEK PARTNERS, LLC. Philip Shaw He was raised on a corn and soybean farm in Colfax, Illinois, where hisparents still farm. Many people have been burned by frauds and Ponzi schemes. While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. Firm performs side-by-side management with accounts that have differing fee structures. Mark Shoberg Capital Creek Partners Mark Shoberg Partner, Co-CIO EDUCATION Stanford University (MBA), Vanderbilt (BA) Mark was a managing director with Stanford Management Company and UTIMCO before joining Capital Creek. Cavanaugh has been investing in and advising early-stage companies across consumer, healthcare, and technology for the past 15 years. All rights reserved. Will any of my assets be invested in those products? Simply put, Jason has both substance and style. It prepares financial plans for less than 10 clients. Following a virtual meeting held on Friday, December 17, the Little League International Board of Directors announced the election of Robert Gauntt, a longtime investment and wealth management professional, to be its newest at-large director. PitchBooks data visualizations help you see a limited partners commitmentsshowing a breakdown of activity by fund type and region, complete with performance metrics. What does this mean? To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Our system has identified the following conflict alerts. The Board has the control of the corporation and the power to appoint such standing committees as it shall determine and to delegate such responsibilities as it shall deem advisable. Listen in to hear Doug and Patrick discuss why human capital is a gamechanger, why building a team is an art and , HCI Co-Founder, Managing Partner and Chief Investment Officer, Doug McCormick, recently joined Justin Fortier on Seraph Consultings new podcast, Manufacturing Excellence. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. Tyler is the founder and president of Kennedy Creek Capital Partners (KCCP), a family-owned investment firm focused on equity investments in smaller, private companies in the United States. REGISTRATION STATUS. Mark has served as a guest lecturer for Stanford University and the University of Notre Dame. The investor.com website utilizes verified data from reputable sources, which includes the Securities and Exchange Commission (SEC); however, it can vary from time to time. In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a felony. The headquarters of Capital Creek Partners is 1608 5th ST., Suite 200. Each month, investor.com serves as a trusted resource to help thousands of Americans research and compare financial advisors. These conflicts can negatively impact clients via hidden fees and overall higher costs. As a Certified B Corporation, our focus is simple: people before profits. Jason and his family live in Birmingham, Michigan. Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. This data is then run through our proprietary Trust Algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). Listen in to hear Doug discuss the crucial role HCIs Operations Team plays in our value creation strategy, as , Pursue partnerships with owners and management teams who seek meaningful equity stakes to develop a shared vision for operational growth. Capital Creek Partners is a privately held investment firm serving influential families, endowments, foundations, and independent investment companies looking to expand their investment. What happened? What does this mean and why is this important? EFFECTIVE DATE; SEC: What does this mean and why is it important? Mark has served on the advisory board for over a hundred private equity funds throughout his career. He is a thoughtful listener that processes and understands complex business issues quickly. Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. View Filing. Prior to founding KCCP, Tyler served as the chief executive officer of SYNEO, a role which he held from August 2017 to July 2021. Over the last twenty-plus years, Jason Duzan has led nearly two billion in private investment transactions, developed new investment opportunities, and managed a diverse portfolio of operating companies. Capital Creek Partners is a multi-family office based in Austin, Texas. We build solid partnerships with company owners and management teams to develop and execute their growth strategies. Internet Explorer presents a security risk. Capital Creek Partners is a private wealth management investment firm that provides investment advisory services to individuals, families, trusts, estates, charitable organizations, foundations, and other clients. An additional office of the firm is in San Antonio, TX. July 21, 2021 07:00 AM Eastern Daylight Time. View latest Form ADV filed Part 2 Brochures Part 3 Relationship Summary. Financial advisors help you achieve your life goals, such as saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). The number of clients served by it is unknown. Will anyone that was involved be involved with my accounts in any capacity? Since acquiring GLE Precision, Jason has brought a calm, steady, strategic direction to the business and management team. Before Colfax Creek, Jason managed or co-managed 12 platform companies; he led deal negotiation, due diligence, financing, management recruitment and retention, and investment strategy focusing on service, consumer product, and industrial companies with EBITDA $3m $12m. Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. Questions to ask Questions to ask It manages $133.16 million of regulatory assets for 1 client accounts. What does this mean? We harness technology and finance to create a world where zero emissions and zero waste targets are not only possible, but profitable. Under Mr. Wackman's . Please provide me a list of the products and a summary of how much your firm earns from them. He was recently appointed by Texas Governor Greg Abbott to serve on the Texas Higher Education Coordinating Board and was previously a Trustee for the Teacher Retirement System of Texas (TRS) from 2008-11, serving as Chair for the Risk Management Committee and Investment Management Committee. Capstar Ventures L.P. announced today the close of its inaugural Fund I with $41.3 million of capital commitments. Scott Cotter And how Millennial and Gen Z consumers resonate with that authenticity as they align their purchasing power with their values..