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Adviser Profile

As of Date 07/12/2024
Adviser Type - Large advisory firm
Number of Employees 11
of those in investment advisory functions 7
Registration SEC, Approved, 9/9/2021
Other registrations (2)
Former registrations

ANGELENO GROUP, LLC

AUM* 543,554,714 0.46%
of that, discretionary 543,554,714 0.46%
Private Fund GAV* 543,554,714 15.21%
Avg Account Size 38,825,337 0.46%
SMA’s No
Private Funds 9
Contact Info 310 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
541M 464M 386M 309M 232M 155M 77M
2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count1 GAV$87,938,615
Fund TypeVenture Capital Fund Count8 GAV$455,616,099

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Brochure Summary

Overview

Angeleno Group, LLC (“Angeleno” or the “Firm”), is a registered investment adviser with the U.S. Securities and Exchange Commission (“SEC”) pursuant to the Investment Advisers Act of 1940 (the “Adviser Act”). It was founded in 2001 with its headquarters located in Los Angeles, California. Angeleno serves as an investment adviser to pooled investment vehicles (each, a “Fund” or a “Client” and collectively the “Funds” or “Clients”), and an affiliate of Angeleno serves as the general partner (or similar managing body) of each Fund. Angeleno is owned by Yaniv Tepper and Daniel Weiss. Angeleno provides discretionary investment advisory services to or on behalf of each Fund. Angeleno’s investment management and/or investment supervisory 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 primary focus of each Fund is on (i) private venture related investments (the "Venture Fund(s)") or (ii) equity related investments in public securities (the "Public Fund"). Investments are generally made in clean energy and climate solutions businesses. Angeleno is affiliated with entities that serve as the general partners to each of the Funds (each, a “General Partner” and, collectively, the “General Partners”, and together with Angeleno, the “Firm”), and each Fund is controlled by its respective General Partner. The following is a list of each of the General Partners, each of which is an affiliated investment adviser of Angeleno: General Partners: Angeleno Group Management II, LLC Angeleno Group Management III, LLC Angeleno Group Management IV, LLC Angeleno Equities Management I, LLC Angeleno Investors New Forests Co-Invest Management
LLC Angeleno provides investment advisory services to each Fund in accordance with the limited partnership agreement (or analogous organizational document) of such Fund and/or contractual side letters with such Fund's investors (collectively, the "Governing Documents"). Angeleno does not tailor its advisory services to the individual needs of investors, and investors may not directly impose restrictions on investing in certain securities or types of investments. Investment restrictions for each Fund, if any, are generally established in the Governing Documents of the applicable Fund. In addition, Angeleno has entered into side letters which grant rights that are more favorable or may otherwise differ from the rights attributable to other investors in terms of, among other things, incentive allocation, management fee, withdrawal rights (including different withdrawal dates and notice periods), minimum and additional subscription amounts, information rights, most favored nation rights and other rights. The terms and the scope of the offering of such rights (including an offering limited to strategic or other specific categories of investors) will be determined by Angeleno in its sole discretion. In addition to the foregoing, Angeleno may also enter into side letters to address legal, regulatory, tax or policy issues impacting particular investors and their investment activities. Angeleno has granted one or more of the rights referenced above (whether through side letters, a separate class of shares or otherwise) to a limited number of investors in the Funds and may do so in the future without disclosure to or receiving consent from existing investors. The Firm does not participate in wrap fee programs. As of December 31, 2023, Angeleno manages approximately $511,646,962 in Client assets on a discretionary basis.