9AT: VCFA GROUP

other names

VCFA GROUP
VENTURE CAPITAL FUND OF AMERICA III, INC.

Adviser Profile

As of Date	07/23/2025
ADV Location	NEW YORK, NY, United States
Adviser Type - Large advisory firm
Number of Employees	8
of those in investment advisory functions	5
Registration	SEC, Approved, 03/30/2012

AUM^*	415,901,109 115%
of that, discretionary	415,901,109 115%
Private Fund GAV^*	415,888,359 39%
Avg Account Size	51,987,639 88%
SMA’s	No
Private Funds	10 3
Contact Info	212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Performance-based fees

Fund Type	Count	GAV
Fund TypeOther Private Fund	Count10	GAV$415,888,359

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 5T WEALTH, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund10.8m	Total Private Fund GAV10.8m	AUM283.1m	#Funds1
Adviser AOF MANAGEMENT LLC	Hedge Fund8.0m	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund230.2m	Total Private Fund GAV238.2m	AUM238.2m	#Funds4
Adviser PRESERVER PARTNERS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund149.6m	Total Private Fund GAV149.6m	AUM157.8m	#Funds2
Adviser PAN GLOBAL ADVISERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund19.5m	Total Private Fund GAV19.5m	AUM225.7m	#Funds1
Adviser KARLOV STREET CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund229.8m	Total Private Fund GAV229.8m	AUM234.4m	#Funds31
Adviser SYMBIOTIC CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund839.4m	Total Private Fund GAV839.4m	AUM839.4m	#Funds9
Adviser GLL INVESTORS	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund188.9m	Total Private Fund GAV188.9m	AUM188.9m	#Funds7
Adviser PACIFICA PARTNERS CAPITAL MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM252.1m	#Funds-
Adviser VIRTERA PARTNERS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund30.0m	Other Fund198.4m	Total Private Fund GAV258.4m	AUM452.1m	#Funds8
Adviser ARCHITECT CAPITAL CORP.	Hedge Fund-	Liquidity Fund-	Private Equity Fund255.3m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund70.5m	Other Fund401.7m	Total Private Fund GAV797.9m	AUM510.8m	#Funds21

Brochure Summary

Overview

A. Description of the Firm. VCFA Group (comprised of Venture Capital Fund of America III, Inc., a Delaware corporation, and affiliates) was organized in 1982. VCFA Group is headquartered in New York, NY with eight employees in the office. VCFA Group is currently owned by several employees. Other than registration with the SEC as an investment adviser, VCFA Group is not registered with other regulators and is not a member of a self-regulatory organization. B. Types of Advisory Services. VCFA Group manages private secondary funds (each, a “Secondary Fund”) that primarily purchase venture capital, leveraged buyout and similar investments on a secondary basis from current investors who are seeking liquidity for their positions. This is usually accomplished by purchasing a limited partnership interest (“LP Interest”) in a private fund, from an investor in that fund. The Secondary Funds are typically organized as limited partnerships. Affiliates within VCFA Group act as the general partners of the Secondary Funds. C. Client Tailored Services and Client Tailored Restrictions. VCFA Group tailors its advisory services to the specific investment objectives and guidelines of each Secondary Fund as set forth in each fund’s confidential private placement memorandum, limited partnership agreement and other governing

documents (collectively, the “Governing Documents”). As with other private equity funds generally, a Secondary Fund’s general partner may enter into “side letters” or similar agreements with certain investors in the Fund under which an investor is granted specific rights or benefits that are not applicable to other investors. Each Secondary Fund establishes an Advisory or Valuation Committee generally comprised of investor representatives, as dictated by the Fund’s Governing Documents. D. Wrap Fee Programs. VCFA does not offer wrap fee programs. E. Assets under Management. As of March 30, 2023, VCFA Group had approximately $298,172,528 under management including committed capital of investors in its Secondary Funds. VCFA Group manages all assets of the Secondary Funds on a discretionary basis. Important Note: This Brochure is for general information only. Each Secondary Fund is offered only through its Governing Documents to qualified investors as described and limited therein. Investors and prospective investors must refer to the Governing Documents of the applicable Fund for information on the investment objectives, investment restrictions, investment strategies, management, conflicts of interest and risks, fees and expenses, and other relevant information.

VCFA GROUP

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Brochure Summary

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