Since 1983, Knightsbridge Advisers has specialized in the selection of early stage and growth equity
venture capital partnerships focused on the information technology and life sciences industries for our
fund-of-funds investments. Our clients are private investment funds whose investors include leading
endowments, foundations, high net worth individuals, insurance companies, institutions, and pension
funds in the United States, Canada, the United Kingdom, continental Europe, and Australia. With over 40
years of venture partnership investing, we have, as of December 31, 2023, $2.9 billion under management
in vehicles we advise. All assets are managed on a discretionary basis, with the exception of select
separately managed accounts. Of the $2.9 billion under management, as of December 31, 2023, $1.9
billion represent discretionary assets under management and $942 million represent non-discretionary
assets under management.
Knightsbridge’s Managing Principals are Matthew Ahern, George Arnold, Barbara Piette and Sven Weber.
Ahern, Arnold, Piette and Weber collectively own a majority interest in the company, subject to vesting.
Ahern and Arnold each own more than 25% of the company. The Managing Principals’ experience and
relationships across the entire spectrum of venture and growth equity franchises are instrumental in
finding and gaining access to premier venture capital funds, secondary opportunities and direct company
investment. Supporting the Managing Principals is a team of fourteen professionals and support staff in
various roles ranging from the day-to-day management of the firm to administration of the Knightsbridge
investment vehicles, investment analysis, and research.
Knightsbridge provides investment supervisory services by advising on the selection of venture capital
portfolio funds, secondary
opportunities and direct company investments and monitoring the
performance of those investments.
Most Knightsbridge client investment vehicles are “funds-of-funds.” As such, our venture investment
vehicles are generally structured as limited partnerships and similar entities, which in turn invest in
multiple venture capital partnerships managed by third party venture capital firms (we refer to the
underlying venture capital funds in which our investment vehicles invest as “portfolio funds”). Most
Knightsbridge investment funds have multiple limited partners which have no ability to impose any
restrictions or limitations on the types of investments which the funds make. We do manage a number of
limited partnerships with only one limited partner (separately managed accounts) which may impose a
specific mandate or restrictions on our investment selections, including exercising discretion with respect
to the selection of portfolio funds. It should be noted that in some cases Knightsbridge enters into side
letters or similar agreements with investors in its investment funds providing for additional rights or
varying the terms of the funds with respect to such investors to the extent permitted under the offering
documents and applicable regulations.
Knightsbridge 1) does not tailor its investment research and due diligence to the individual needs of
limited partners in our investment funds and 2) conducts no analysis of the suitability of an investment
for a particular fund limited partner.
None of the Knightsbridge investment vehicles will be registered as investment companies under the
Investment Company Act of 1940, as amended. The offer and sale of the securities of each Knightsbridge
investment vehicle are not registered under the Securities Act of 1933, as amended.