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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 14 -22.22%
of those in investment advisory functions 10 -23.08%
Registration SEC, Approved, 8/31/2020
AUM* 1,208,175,473 -2.15%
of that, discretionary 1,208,175,473 -2.15%
Private Fund GAV* 896,857,644 24.08%
Avg Account Size 120,817,547 -2.15%
SMA’s No
Private Funds 11 1
Contact Info 415 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 882M 706M 529M 353M 176M
2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count11 GAV$896,857,644

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Brochure Summary

Overview

A. Description of the Advisory Firm GGP Management, L.P. (“Griffin Gaming” or the “Firm”) is a Delaware Limited Partnership formed on May 29, 2020. Griffin Gaming is headquartered in Santa Monica, California. Griffin Gaming Partners Management Company, LLC is a Delaware Limited Liability Company that was formed on September 6, 2019, and serves as general partner to the Firm (the “Firm GP”). The principal owners of the Firm and the Firm GP are Phil Sanderson and Peter Levin. B. Types of Advisory Services Griffin Gaming and its relying advisers, GGP GP, LLC and GGP GP II, LLC (the “Relying Advisers”) serve as investment advisers to certain private investment funds, which are organized as Delaware limited partnerships or limited liability companies (each a “Fund” and collectively the “Funds”). The Firm has also formed Cayman Islands-domiciled entities to facilitate investment in certain Funds by select investors for tax purposes. Griffin Gaming (or an affiliate of Griffin Gaming) may also decide in the future to sponsor or manage additional private investment funds or other clients. The Funds offer limited partnership or membership interests, as applicable (“Interests”) to certain qualified investors as described in response to Item 7, below (such investors are referred to herein as “Investors”). From time to time, Griffin Gaming may form and manage, and has formed and currently manages, on generally a transaction-by-transaction basis, special purpose vehicles (“SPVs”) to participate in investment opportunities alongside the Funds or other opportunities that are identified by Griffin Gaming. Unlike the Funds, which generally
do not limit investment discretion, such SPVs will be and are generally limited to investing only in the securities relating to the particular transaction for which the SPV was created. Collectively, the SPVs and the Funds are referred to herein as “Clients.” As of the date of this Brochure, Griffin Gaming has formed multiple SPVs. Griffin Gaming invests across the broad video gaming ecosystem. Griffin Gaming targets venture capital investments in public and private companies, with particular focus on the interactive software industry, and investments in cryptocurrencies, decentralized application tokens and protocol tokens, blockchain-based assets and other cryptofinance and digital assets (“Digital Assets”), whether issued in a private or public transaction. The Firm’s strategy is described in its marketing materials, the Funds’ or applicable SPV’s limited partnership or limited liability company operating agreement, and the Funds’ private placement memoranda (if applicable) and/or subscription documents (collectively, the “Governing Documents”). C. Client Tailored Services and Client Imposed Restrictions Advisory services are tailored to achieve each Client’s investment objectives. Griffin Gaming has the authority to select which and how many portfolio companies to invest in and to determine exit strategies subject to the applicable Governing Documents. D. Wrap Fee Programs Griffin Gaming does not participate in wrap fee programs. E. Amounts Under Management As of December 31, 2023, Griffin Gaming has approximately $1,208,175,473 in regulatory assets, including unfunded commitments, under management.