Overview
SignalFire Management Services, L.L.C. (“SignalFire” or the “Adviser”) is a Delaware limited
liability company formed in 2014. Christopher Farmer and Ilya Kirnos are the principal owners of
SignalFire (the “Principals”).
The Adviser together with its affiliated general partners provide discretionary investment advisory
services to closed-end pooled investment vehicles and special purpose vehicles (each, a “Fund”
collectively the “Funds”) that are exempt from registration under the Investment Company Act of
1940, as amended (the “1940 Act”) and whose securities are not registered under the Securities
Act of 1933, as amended (the “Securities Act”). Special purpose vehicles are typically formed to
invest only in the securities relating to the particular transaction or strategy for which the special
purpose vehicle was created.
The Funds invest primarily in early-stage and later-stage privately held companies. Certain Funds
may also invest in digital asset and cryptocurrency instruments (as further described in Item 8
below). SignalFire offers investment advice solely with respect to the investments made by the
Funds. Such 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.
Investment advice is provided directly to the Funds, subject to the discretion and control of the
applicable Fund’s general partner (a “General Partner”), and not individually to the investors in a
Fund. SignalFire’s advisory services to the Funds are tailored to the Funds in accordance with the
investment objectives, strategy and restrictions as set forth in the limited partnership agreement of
a Fund (each such agreement, a “Partnership Agreement”).
The Funds, SignalFire or its affiliates may enter into side letters or other similar agreements (“Side
Letters”) with investors in the Funds that have the effect of establishing rights under, or altering
or supplementing the terms of, the relevant Partnership Agreement with respect to such investors.
As of December 31, 2023, SignalFire manages approximately $3,284,386,908 in regulatory assets
under management, on a discretionary basis. The Adviser does not manage assets on a non-
discretionary basis.