LIGHTSPEED FACTION

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 03/18/2024
Adviser Type - Large advisory firm
Number of Employees 7 40.00%
of those in investment advisory functions 6 50.00%
Registration SEC, Approved, 9/29/2022
AUM* 288,918,289 8.91%
of that, discretionary 288,918,289 8.91%
Private Fund GAV* 81,507,275 -69.28%
Avg Account Size 144,459,145 8.91%
SMA’s No
Private Funds 1
Contact Info 650 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
265M 227M 189M 152M 114M 76M 38M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count1 GAV$81,507,275

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser RIGHT SIDE CAPITAL MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund271.2m Other Fund- Total Private Fund GAV542.3m AUM271.2m #Funds7
Adviser RIOT VENTURES MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund388.3m Other Fund- Total Private Fund GAV776.6m AUM388.3m #Funds15
Adviser MISSIONPOINT PARTNERS LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund138.0k Other Fund- Total Private Fund GAV276.0k AUM264.7m #Funds1
Adviser FAIRVIEW CONSTITUTION MANAGEMENT IV LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund905.5m Other Fund- Total Private Fund GAV1.8b AUM215.5m #Funds5
Adviser ALLOCATE MANAGEMENT COMPANY, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund306.8m Other Fund- Total Private Fund GAV613.5m AUM482.0m #Funds28
Adviser STEELHEAD CAPITAL MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund247.8m Other Fund- Total Private Fund GAV495.6m AUM247.8m #Funds22
Adviser ARCHER VENTURE CAPITAL MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund127.5m Other Fund- Total Private Fund GAV254.9m AUM221.1m #Funds5
Adviser OT MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund208.3m Other Fund- Total Private Fund GAV416.5m AUM208.3m #Funds45
Adviser SHIMA CAPITAL MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund158.6m Other Fund- Total Private Fund GAV317.3m AUM158.6m #Funds3
Adviser POINT BRIDGE CAPITAL, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund37.2m Other Fund- Total Private Fund GAV74.3m AUM293.7m #Funds5

Brochure Summary

Overview

A. Description of the Advisory Firm Faction Ventures, LLC (“Faction” or the “Firm”) a Delaware limited liability company, was formed in 2021. The Firm manages venture capital funds which will seek to generate long-term capital appreciation through venture capital and token investments in early-stage companies that are active in the blockchain and cryptocurrency space. The Firm is principally owned by Samuel Harrison and Lightspeed Venture Partners. B. Types of Advisory Services Faction serves as an investment advisor to venture capital oriented pooled investment vehicles (the “Funds”). The Funds are subject to the investment objectives, terms and conditions outlined in its offering documents, which include but are not limited to subscription agreements, limited partnership/operating agreements, and investment management agreements (collectively the “Governing Documents”).
While Faction focuses on the strategies discussed throughout the Brochure, the Firm does not necessarily limit the types of investments which it advises. C. Client Tailored Services and Client Imposed Restrictions To the extent outlined in the Governing Documents, Faction tailors its investment advisory services to be consistent with the Funds investment strategy, return profile, concentration limits, time horizon, liquidity mandates and other related objectives, as defined therein. Underlying investors may not impose restrictions on investing in certain securities or types of securities. D. Wrap Fee Programs Faction does not participate as a sponsor of or a portfolio manager to any wrap fee programs. E. Amounts Under Management As of December 31, 2023, Faction manages regulatory assets under management of $288,918,289 on a discretionary basis.