Team Monomoy invites you to join us for our 2026 AGM video experience.
This year, we’re taking aim at a World Cup-inspired program built around preparation, discipline and teamwork. Across the lineup, captains from our Investment and Operating Teams will take you through our current investments highlighting the key plays from the past year and how we are positioning each portfolio for the next phase of value creation.
Against a tough opponent… the current macro and geopolitical environment, we remain focused on the fundamentals: controlling what we can control, generating cash flow, strengthening operations and building momentum for disciplined exits.
We encourage you to submit your questions or comments below for Dan and Justin to address in the Live Q&A on Tuesday, June 23rd 2026, 10am ET.
SUBMIT YOUR QUESTIONS
Have a question or topic that you would like the Monomoy Partners to address? Please submit your questions here, or directly to irteam@mcpfunds.com, and we will aim to answer them at our Q&A with Monomoy’s Founding Partners on June 23rd.
ESG in the Portfolio
Definitions & DISCLOSURES
Definitions
All “Gross” returns in this presentation are calculated using the actual cash flows in to and out of the applicable investment(s). Therefore, these returns are calculated before carried interest, management fees, costs related to fund-level borrowings, and other fund expenses borne by Limited Partners. These fees and expenses will reduce returns in the aggregate and are expected to be material. Gross returns presented herein do not reflect the timing effect of utilizing fund-level borrowings in advance of receiving capital contributions. Additionally, investments may be held in part by vehicles (each a “Blocker”) designed to address certain limited partners’ tax, regulatory or other similar issues. Gross returns are calculated without regard to taxes and expenses incurred by the Blockers, the impact of which could be material.
Gross MOIC means the Total Value of an investment divided by the total amount of Fund capital invested in the investment.
Gross IRR means the aggregate, annual, compound, gross internal rate of return on invested capital and is based on the dates investments and distributions from investments were made and their Unrealized Value as of the measurement date.
Net IRR means the aggregate, annual, compound internal rate of return on Limited Partners’ investment in the fund based on the actual dates and amounts of Limited Partners’ contributions to and distributions from the fund as well as Limited Partners’ aggregate remaining value as of the measurement date. These amounts include the payment of management fees, carried interest, borrowing costs (including interest incurred on fund level credit facilities whether secured by assets of the fund (i.e., asset-backed facilities) or Limited Partners’ undrawn capital commitments (i.e., subscription facilities)) and other fund expenses, but does not take into account any tax liabilities borne or deemed to be borne by Limited Partners (such as, for example, taxes resulting from the Limited Partners’ domicile). With respect to any particular fund, differences in timing of a Limited Partner’s commitment to the fund and the economic and other terms applicable to certain Limited Partners therein may increase or decrease the net performance information realized by such Limited Partners and, accordingly, the actual net performance information of a particular Limited Partner may differ from the net performance information indicated herein. Additionally, Net IRR includes the timing benefits of fund-level borrowings and would be lower in the absence of such borrowings.
Net DPI means total distributions to Limited Partners, except for return of Temporary Investments, divided by their total contributions, except for Temporary Investments.
Net TVPI means the sum of Limited Partners’ NAV and total distributions, except for return of Temporary Investments, divided by their total contributions, except for Temporary Investments.
Realized Value means the cash proceeds of an investment distributed to the Fund. Realized Value is not reduced for taxes or expenses incurred by the Blockers, if any.
Unrealized Value means fair value of an unrealized investment (or portion thereof) determined in accordance with ASC Topic 820 and Monomoy’s internal valuation policy.
Total Value means the sum of Realized Value and Unrealized Value.
Temporary Investments are investments that were returned within a specific time frame, as defined by each fund’s respective partnership agreement, which are recallable by the general partner.
S&P 500 Benchmark: The S&P 500 is an unmanaged capitalization-weighted index. Any reference to the S&P 500 is made for comparison purposes only. An investment in a Monomoy Fund is unlike an investment in an index of liquid public equity securities and therefore will differ significantly from the aforementioned index. Benchmarking against the public market is based on the Direct Alpha method, which represents the impact of investing similar cash flows in the public markets. The public market benchmark was calculated using the same dates and amounts of Fund III’s capital contributions and distributions from/to limited partners (net of fees, expenses and carried interest), compounded by the returns of the S&P 500 through the measurement date, and then combined with the NAV of Fund III as of the measurement date to form a series of future values of net cash flows. The IRR of this series of cash flows represents the arithmetic alpha of Fund III relative to the S&P 500, or the annualized rate of excess return. Direct Alpha is one of several methods of comparing private equity returns to public markets, and other methods may produce materially different results. Past performance is not indicative or a guarantee of future results.
IMPORTANT INFORMATION
This presentation contains information about current and future private investment funds (collectively, the “Funds”) managed by Monomoy Capital Management, L.P. or one of its affiliates (collectively, “Monomoy”). The information provided is for informational purposes only, and is not a recommendation, an offer to sell or the solicitation of an offer to purchase an interest in any investment vehicle managed or sponsored by Monomoy.
All information in this presentation concerning Monomoy, the Funds, their affiliates, and their respective portfolio companies, is strictly proprietary and confidential. The information provided is for the sole use and information of members of the Funds and may not be reproduced or shared with anyone outside the Funds without the express written consent of the general partner.
The presentation is intended to provide an overview of the Monomoy investment strategy and the investment results of the Funds as of the date of the presentation. Past performance is not indicative or a guarantee of future success. The historical data contained in this presentation contains estimates of unrealized value which may differ significantly from the actual returns received by investors. Investments in private equity funds, such as those managed by Monomoy, are speculative and involve a substantial risk of loss. No assurance can be given that the Funds will achieve their investment objectives or avoid substantial losses. The presentation is not intended to be relied upon as the basis for any investment decision. The presentation does not constitute an offer or solicitation in any state, country or other jurisdiction to subscribe for or purchase any limited partnership interests or other securities.
The information contained herein does not purport to be complete. Unless otherwise stated, all performance and portfolio data in this presentation is as of March 31, 2026. This document speaks as of the date hereof or as of the specific date(s) noted herein, as applicable, and Monomoy undertakes no obligation to update any of the information contained herein. Forward-looking statements may express Monomoy’s expectations for future events but cannot constitute a guarantee. Additional information, including information about specific investments, is available on request.
Certain information contained herein has been obtained from published and non-published sources and has not been independently verified by Monomoy or its affiliates. None of Monomoy, the Funds, or their respective affiliates, or any of their respective directors, officers, employees, partners, shareholders, advisers and agents makes any assurance, representation or warranty, express or implied, as to the accuracy, correctness, fairness, reasonableness or completeness of any of the information contained herein, and each expressly disclaims any responsibility or liability therefor. Statements contained in this presentation are based on current expectations, estimates, projections, opinions and beliefs of the investment team of Monomoy as of the date hereof unless stated otherwise. Such statements involve known and unknown risks and uncertainties, and undue reliance should not be placed thereon. Neither Monomoy nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein and nothing contained herein should be relied upon as a promise or representation as to past or future performance of the Funds or any other entity. Certain information contained in this document constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue,” or “believe” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of any investment may differ materially from those reflected or contemplated in such forward-looking statements. Any forward-looking events discussed in this presentation may not occur. Monomoy undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
All “gross” data in this presentation is calculated before carried interest, management fees, costs relating to a fund’s credit facility and other fund expenses borne by investors in the applicable fund. These fees and expenses will reduce returns in the aggregate and are expected to be material. Further details on Monomoy’s investment advisory fees and expenses can be found in Part II of its Form ADV and additional information is available upon request.
There can be no assurance that partially realized and unrealized investments will be sold for values equal to or in excess of the valuations listed herein. Actual returns on unrealized investments will depend on, among other factors, future operating results, market conditions at the time of disposition, transaction costs and the timing and manner of sale, all of which may differ from the assumptions on which the valuations reported herein are based. Accordingly, the actual realized returns on investments that are partially realized or unrealized may differ materially from the values indicated herein.
VCP targets and projected figures referenced throughout this presentation are forward-looking and based on current expectations. There can be no assurance such initiatives will be achieved. Actual results may vary materially.
Members of the Monomoy Operating Team are exclusive to, and full-time employees of, Monomoy Capital Management, L.P. (“MCM”). The cost of certain services provided by the Operating Team to Monomoy portfolio companies are borne by the applicable portfolio companies and are not offset against management fees paid to MCM by a Fund.
Monomoy does not deploy a dedicated environmental, social and governance (“ESG”) strategy, but instead considers ESG risks as one of many factors when making investment decisions for its private equity funds (collectively, the “Funds”). Evaluating ESG factors can be subjective and Monomoy makes no guarantee that its ESG initiatives will be successful or generate meaningful returns. Monomoy became a signatory to the UN PRI in November 2020. The PRI is a voluntary framework and becoming a signatory does not imply any level of skill regarding ESG or performance alpha related to ESG. As a signatory to the PRI, Monomoy commits to integrating ESG factors to the majority of its Funds, but the extent of this integration is subject to Monomoy’s discretion. This document is provided for informational purposes only and is not an offer or a solicitation to offer to purchase any interest in an investment vehicle managed or sponsored by Monomoy, nor should this information serve as the basis for any investment decision.
