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Adviser Profile

As of Date 05/23/2024
Adviser Type - Large advisory firm
Number of Employees 8
of those in investment advisory functions 6
Registration SEC, Approved, 4/29/2019
Other registrations (1)
AUM* 934,948,517 9.90%
of that, discretionary 934,948,517 9.90%
Private Fund GAV* 863,407,791 -10.07%
Avg Account Size 25,268,879 -1.99%
SMA’s No
Private Funds 37 4
Contact Info 844 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
972M 833M 694M 555M 417M 278M 139M
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count37 GAV$863,407,791

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Brochure Summary

Overview

Bracket Ventures Management, LLC (the “Adviser” or the “Firm”) is a Delaware limited liability company that was formed in March 2016. The Adviser is the investment adviser to a number of private venture capital funds (the “Funds”) and special purpose vehicles (the “SPVs”). Affiliates of the Adviser serve as general partners or managers of the Funds and special purpose vehicles (the “Manager” or the “General Partner”, and collectively with the Adviser referred to as the “Firm” or “Bracket Capital”). The Firm is principally owned and controlled by Jihan Bowes-Little and Yalda Aoukar, its managing members. As of December 31, 2023, the Firm advises three core Funds: (i) Bracket Ventures Fund, LP, (ii) Bracket Capital Fund II, LP, and (iii) Bracket Capital Fund III, LP and 33 SPVs. Collectively, the SPVs and the Funds will be known as “clients.” The Firm seeks to accomplish the Funds’ investment objectives generally by investing in both direct co-investment opportunities in deals alongside other venture capital firms, and in the past, the Funds have invested in other venture
capital funds. The Firm largely deploys capital in disruptive technological industries. In addition to the Funds, the Firm, through its SPVs, offers direct private investment opportunities in specific deals, generally in later stage companies. There can be no assurance that this investment strategy will be successful, and results may vary substantially. Investors in the Funds and SPVs (“Investors”) should refer to the relevant vehicle’s Limited Partnership Agreement or other offering document, including the Appendices thereto, and other governing documents (collectively, the “Governing Documents”) for definitive and more detailed information regarding the matters described in this Brochure. The Firm does not tailor its advisory services to the individual needs of Investors, instead providing investment advice to the Funds and SPVs in accordance with the applicable Governing Documents. The Firm does not participate in wrap fee programs. As of December 31, 2023, the Firm’s regulatory assets under management were $934,948,517, all managed on a discretionary basis.