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Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 15 7.14%
of those in investment advisory functions 11 10.00%
Registration SEC, Approved, 6/29/2020
Other registrations (1)
Former registrations

ROSECLIFF VENTURE MANAGEMENT, LLC

AUM* 1,280,192,111 -6.02%
of that, discretionary 1,280,192,111 -6.02%
Private Fund GAV* 1,280,192,111 -6.02%
Avg Account Size 160,024,014 -6.02%
SMA’s No
Private Funds 8
Contact Info 212 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
1B 1B 973M 778M 584M 389M 195M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$360,239,137
Fund TypeVenture Capital Fund Count7 GAV$919,952,974

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Brochure Summary

Overview

Rosecliff Venture Management, LLC (hereinafter “Rosecliff”, “we”, “us”, “our”, or the “Adviser”) is organized as a Delaware limited liability company with a principal place of business in New York, New York. Rosecliff is owned by Michael Caso and Michael Murphy collectively the “Principals.” We serve as the investment adviser, with discretionary investment authority, to private, pooled investment vehicles, the securities of which are offered through offering documents to accredited investors, as defined under the Securities Act of 1933, as amended, and who also are qualified purchasers, as defined under the Investment Company Act of 1940, as amended. We do not tailor our advisory services to the individual needs of any particular investor in any such pooled vehicles. Rosecliff currently manages the following private, pooled investment vehicles: Rosecliff Venture Partners, LP, a Delaware Limited partner, Rosecliff Venture Partners II, LP, a Delaware Limited partner, Rosecliff Venture Partners III, LP, a Delaware Limited partner, Rosecliff Venture Partners IV, L.P., a Delaware Limited partner, Rosecliff Venture Partners V, LP, a Delaware Limited partner, Rosecliff Ventures Opportunity Fund, LP, a Delaware Limited partner, Rosecliff Credit Opportunity Fund I, L.P., a Delaware Limited partner, Rosecliff Frontier Technologies Fund I, L.P., a Delaware Limited partner (each a “Fund” or “Client” and collectively referred to as the “Funds” or “Clients”).
Rosecliff Ventures GP, LLC, Rosecliff Venture GP II, LLC, Rosecliff Venture GP III, LLC, Rosecliff Venture GP IV, LLC, Rosecliff Venture GP V, LLC, Rosecliff Venture Opportunity GP, LLC, Rosecliff Credit Opportunity Fund I GP, LLC, Rosecliff Frontier Technologies Fund I GP, LLC, each a “General Partner” collectively the “General Partners.” The Funds’ “Limited Partners” hereafter referred to as the “Investors” where appropriate. Our investment decisions and advice with respect to the Funds are subject to the Funds’ investment objectives and guidelines, as set forth in their respective Advisory Agreements, Limited partner Agreements, and related subscription documents as may be amended from time to time (individually or collectively referred to as the “Offering Documents).” The Funds invest primarily in privately held companies, including those in the “seed” stage of financing and development. The Adviser’s advisory services consist of investigating, identifying and evaluating investment opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and monitoring the performance of such investments and disposing of such investments. The Adviser does not participate in wrap fee programs. As of December 31, 2023, the Adviser managed approximately $1,280,192,111 in Regulatory Assets Under Management (“RAUM”) on a discretionary basis. The Adviser does not manage assets on a non- discretionary basis.