Jasper Ridge Partners is a wealth advisor and asset management firm providing tailored advisory
services. As of December 31, 2023, we managed approximately $35,297,732,645, of which
$35,011,889,553 was on a discretionary basis and $285,843,092 was on a non- discretionary
basis.
We provide advisory services to individuals and institutions in one of three ways:
First, we manage assets on a discretionary basis through investment vehicles, typically limited
partnerships, organized for each investor (the “Private Investment Vehicles”). These Private
Investment Vehicles may be created for individuals or institutions and are essentially separate
accounts.
Second, we manage nine privately offered pooled investment vehicles (collectively the “Pooled
Funds”): Jasper Ridge Diversified, L.P. (“JRD”), Jasper Ridge Diversified (Tax Exempt), L.P.
(“JRD TE”), Jasper Ridge Private Opportunities, L.P. (“JRPO”), Jasper Ridge Private
Opportunities TS, L.P. (“JRPO TS”), Jasper Ridge Private Opportunities II, L.P. (“JRPO II”),
Jasper Ridge Private Opportunities II TE, L.P. (“JRPO II TE”), Jasper Ridge Private Opportunities
II Offshore, L.P. (“JRPO II Offshore”), Jasper Ridge Private Investments, L.P. (“JRPI”), and Jasper
Ridge Private Investments (TE), L.P. (“JRPI TE”). JRD, JRD TE, JRPI, and JRPI TE are open-
end funds. JRD, JRD TE, JRPI, and JRPI TE are open to new and existing investors. JRPO,
JRPO TS, JRPO II, JRPO II TE, and JRPO II Offshore are closed-end funds which are past their
offering and investment period. Our investment professionals have ownership interests in the
general partnerships that manage the Pooled Funds. Jasper Ridge Partners is the investment
adviser to the Pooled Funds.
Third, we help individuals manage their overall wealth by managing their liquid portfolios and
administering their illiquid portfolios. We provide this service in conjunction with investments in
our Pooled Funds, with the overall goal of maximizing expected returns on a risk and liquidity
adjusted basis. In connection with those services, we also assist in developing and implementing
estate and philanthropic plans.
The Private Investment
Vehicles, Pooled Funds, and individuals for whom we manage their
overall wealth, are collectively referred to as “Clients.”
Neither the Private Investment Vehicles nor the Pooled Funds are registered under the U.S.
Securities Act of 1933 or the U.S. Investment Company Act of 1940. Owners of the Private
Investment Vehicles and investors in the Pooled Funds must satisfy the applicable eligibility and
suitability requirements of a “Qualified Purchaser” (as defined in Section 2(a)(51)(A) of the
Investment Company Act of 1940).
Depending on a Client’s objectives, we may invest in a broad mix of U.S. and foreign securities
and financial instruments, in both traditional and alternative asset classes. We invest in the
following: pooled vehicles (hedge funds, private equity funds, venture capital funds, mutual funds,
and exchange-traded funds) purchased either in primary or secondary transactions, public
equities, fixed income securities, cash equivalent instruments, currencies, real assets, natural
resources, private equity and co-investments in private equity, private debt, sponsors or general
partners of private investment funds, options, futures, warrants, derivatives, swaps/forwards, and
commodities, among other public and private instruments. We also engage in hedging
transactions, including foreign currency hedging, and use leverage.
Jasper Ridge Partners is independently owned and managed. Its managing partners control
Jasper Ridge Partners’ operations through several intermediary entities.
Jasper Ridge Partners is controlled by Jasper Ridge Genpar, LLC, which in turn is owned by JRP
Manager Holdings, L.P. JRP Manager Holdings, L.P. is controlled by JRP Manager Professionals,
L.P., which is ultimately controlled by Jasper Ridge Partners’ managing partners. The firm’s
managing partners are currently Mark Wolfson, Owen DeHoff, Cori Duncan, Richard Hayes, and
Cayman Seacrest. Jasper Ridge Partners’ capital flows to JRP GP Holdings, L.P. and JRP
Manager Holdings, L.P., whose ownership is divided among Jasper Ridge Partners’ managing
partners, partners, and professionals, as well as certain other third parties.