Overview
Reciprocal Venture Management, L.L.C. (hereinafter “Reciprocal”, the “Investment
Manager”, the “Management Company” or the “Firm” and depending on the context,
combined with the relevant general partner or managing member of one or more of our
Funds, “we”, “us”, or “our”) is organized as a Delaware limited liability company with a
principal place of business New York, New York.
Reciprocal provides discretionary investment management services to qualified investors
through its private funds:
• Reciprocal Ventures I, L.P., a Delaware limited partnership (“RV I”);
• Reciprocal Ventures II, L.P., a Delaware limited partnership (“RV II”);
• RV PLCR SPV, LLC, a Delaware limited partnership (“RV PLCR”);
• RV XTND SPV, LLC, a Delaware limited partnership (“RV XTND”);
• RVCF1, LLC, a Delaware limited partnership (“RVCF1”);
• RVCF2, LLC, a Delaware limited partnership (“RVCF2”);
The above-mentioned funds are herein each referred to as a “Fund” or “Client”, and
collectively referred to as the “Funds” or the “Clients”. Reciprocal Ventures I GP, LLC and
Reciprocal Ventures II GP, LLC, Reciprocal Venture Management, LLC and RVO2 Networks
serve as the general partners to the Funds, collectively referred to as the “General Partner”.
The limited partners in our Funds structured as limited partnerships are herein referred to as
“Limited Partners”; the members of our Funds structured as limited liability companies are
herein referred to as “Members”; and the and our shareholders in our Funds structured as
exempted limited companies are herein referred to as “Shareholders”; and collectively are
hereafter collectively referred to as the “Investors” where appropriate.
We serve as the investment adviser, with discretionary trading authority, to private, pooled
investment vehicles. We do not tailor our advisory services to the individual needs of any
particular Investor.
Our investment decisions and advice with respect to the Funds are subject to each Fund’s
investment objectives and guidelines, as set forth in its respective offering documents which
may include (depending on the specific Fund) the Fund’s organizational documents,
subscription agreements, and a private placement memorandum (the “Offering
Documents”).
As of December 31, 2023, Reciprocal manages approximately $139,829,810 in regulatory
assets under management on a fully discretionary basis. Reciprocal does not manage any of
its clients’ assets on a non-discretionary basis nor does it participate in a wrap fee program.