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Adviser Profile

As of Date 05/28/2024
Adviser Type - Large advisory firm
Number of Employees 12 9.09%
of those in investment advisory functions 6
Registration SEC, Approved, 7/28/2021
Other registrations (3)
Former registrations

DISTRIBUTED GLOBAL MANAGER LP

AUM* 1,619,973,223 110.60%
of that, discretionary 1,619,973,223 110.60%
Private Fund GAV* 1,356,819,380 106.19%
Avg Account Size 89,998,512 110.60%
SMA’s No
Private Funds 12
Contact Info 213 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
2B 1B 1B 936M 702M 468M 234M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$335,269,180
Fund TypeVenture Capital Fund Count11 GAV$1,021,550,200

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Brochure Summary

Overview

Distributed Global Manager LP (“DG Manager”), a Delaware limited partnership, and Distributed Global Ventures Manager LLC (“DG Ventures Manager”), Distributed Global Ventures II Manager LLC (“DG Ventures II Manager”), Distributed Global Ventures III Manager LLC (“DG Ventures III Manager”), Distributed Global BH Manager, LLC (“DG BH Manager”), and DG SPV GP LLC (“DG SPV GP”), each a Delaware limited liability company, were formed in March 2018, December 2019, May 2021, January 2022, March 2021 and January 2021 respectively. DG Manager, DG Ventures Manager, DG Ventures II Manager, DG Ventures III Manager, DG BH Manager, and DG SPV GP are collectively referred to herein as “Distributed Global” or the “Firm.” The principal beneficial owners of Distributed Global are Tucker Waterman and Jonathan Steindorff. Distributed Global is an investment management firm that typically focuses its investments in Digital Assets (as defined below) and provides advisory services on a discretionary basis to several privately-offered pooled investment vehicles (each, a “Fund” and collectively, the “Funds”), including on a sub-advisory basis for one Fund. Distributed Global also manages several special purpose vehicles (each, an “SPV” and collectively, the “SPVs”). The Funds and the SPVs are collectively referred to herein as each, a “Client” and collectively, the “Clients.” Investments in the Clients are generally offered only to high net worth individuals, institutional investors, and other investors, that meet the applicable investor suitability requirements (each, an “Investor” and collectively, the “Investors”). Distributed Global GP LLC, Distributed Global Ventures GP LLC, Distributed Global Ventures II GP LLC, Distributed Global Ventures III GP LLC each serve as general partners (each, a “General Partner”
and collectively, the “General Partners”) to certain Clients. DG SPV GP serves as the managing member (“Managing Member”) of the SPVs. The General Partners and the Managing Member are related persons of and under common control with Distributed Global. While the General Partners and Managing Member retain management authority over each Client’s business and affairs, Distributed Global has been delegated the role of investment adviser. Distributed Global’s investment management and advisory services to the Clients are provided pursuant to the terms of each Client’s private placement memorandum and/or other offering documents, investment advisory agreement, limited partnership agreement or other governing documents (collectively, the “Governing Documents”). Distributed Global does not currently offer services tailored to the individual specific needs of Investors. Distributed Global has entered into certain side letter arrangements with certain Investors providing such Investors with different or preferential rights or terms for one or more Clients, including but not limited to, modified fee and other economic arrangements, rights to opt out of particular investments, information and reporting rights, transfers to affiliates, withdrawal rights due to adverse tax or regulatory events, and special consent rights to certain Fund agreement amendments. Except as otherwise agreed with an Investor or as required by law, the General Partners are not required to disclose the terms of side letter arrangements to other Investors. Distributed Global does not participate in a wrap fee program. As of December 31, 2023, Distributed Global managed approximately $1,619,973,223 in regulatory assets under management. Distributed Global manages its assets solely on a discretionary basis.