9AT: RIZVI TRAVERSE MANAGEMENT, LLC

other names

RIZVI TRAVERSE MANAGEMENT, LLC
MLRT FILM HOLDINGS LLC
VSV MANAGEMENT LLC
VSV GP LLC
RTM-ICON LLC
RTLC MANAGEMENT VI LLC
RTLC MANAGEMENT LLC
RT-SQ MANAGEMENT LLC
RT PIN MANAGEMENT LLC
RT KF LLC
RIZVI TRAVERSE MANAGEMENT III LLC
RIZVI TRAVERSE MANAGEMENT II LLC
RIZVI TRAVERSE GP III LLC
RIZVI TRAVERSE GP II LLC
RIZVI TRAVERSE CI MANAGER LLC
RIZVI TRAVERSE CI HOLDER LLC
RIZVI TRAVERSE CI GP LLC

Adviser Profile

As of Date	03/28/2025
Registration	SEC, Approved, 03/30/2012
ADV Location	WEST PALM BEACH, FL, United States
Contact Info	248 xxxxxxx
Websites

AUM^*	522,419,180 77%
of that, discretionary	522,419,180 42%
Private Fund GAV^*	555,883,717 -15%
Avg Account Size	16,325,599 34%
SMA’s	No
Private Funds	42 11

Adviser Type

- Large advisory firm

Number of Employees 7 -13%

of those in investment advisory functions 4 -20%

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

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count11	GAV$52,590,853
Fund TypeVenture Capital Fund	Count30	GAV$494,852,834
Fund TypeOther Private Fund	Count1	GAV$8,440,030

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 H. BARTON ASSET MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund315.7m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund60.0m	Other Fund1.3b	Total Private Fund GAV1.7b	AUM1.3b	#Funds15
Adviser NORTH SKY CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund653.9m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund618.9m	Other Fund673.7m	Total Private Fund GAV2.6b	AUM869.2m	#Funds21
Adviser RISCURA INVEST	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 SAGE COLLECTIVE	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 PLACEHOLDER MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.3b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV1.3b	AUM1.3b	#Funds3
Adviser TANTALLON CAPITAL ADVISORS PTE LTD	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund40.7m	Other Fund14.6m	Total Private Fund GAV95.9m	AUM-	#Funds4
Adviser ALMAZ CAPITAL	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund65.8m	Other Fund22.6m	Total Private Fund GAV154.2m	AUM-	#Funds4
Adviser ALMANAC MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund15.8m	Other Fund-	Total Private Fund GAV31.6m	AUM-	#Funds1
Adviser ENERGY IMPACT PARTNERS LP	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.6b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund2.9b	Other Fund542.3m	Total Private Fund GAV8.1b	AUM5.0b	#Funds17
Adviser THE EIDEARD GROUP, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund4.0m	Other Fund7.5m	Total Private Fund GAV15.4m	AUM180.9m	#Funds3

Brochure Summary

Overview

Rizvi Traverse’s Business Rizvi Traverse is a limited liability company formed in Delaware in September 2004. The Company is equally owned by Rizvi Interest, Inc. and Traverse Capital Partners LLC, which in turn are wholly owned by Messrs. Suhail Rizvi and John Giampetroni, respectively (the “Principals”). The following Delaware limited liability companies are controlled by or under common control with Rizvi Traverse Management LLC and provide advisory services to certain “Funds” and “SPVs” (as defined below) as relying advisers of Rizvi Traverse Management LLC: Rizvi Traverse Management II LLC, Rizvi Traverse Management III, LLC, Rizvi Traverse GP II, LLC, Rizvi Traverse GP III, LLC, RTLC Management, LLC, RTLC Management VI, LLC, Rizvi Traverse CI GP, LLC, Rizvi Traverse CI Manager, LLC, Rizvi Traverse CI Holder, LLC, RTM- ICON, LLC and RT-SQ Management, LLC (the “Relying Advisers”). The terms “Rizvi Traverse” and the “Company” are used in this Brochure to refer to Rizvi Traverse Management LLC and its Relying Advisers. Rizvi Traverse provides discretionary investment advisory services to private equity funds (the “Funds”), a fund-of-funds (the “Fund-of-Funds”) and various special purpose vehicles (“SPVs” and, collectively with the Funds and Fund-of-Funds, “Clients”), with a focus on value-oriented investments in opportunistic situations, venture capital investments in privately held seed, early- stage and growth-oriented companies

and investments in venture capital funds. The Company provides advice to Clients based on the investment objectives and strategies outlined in each Client’s partnership or operating agreement. The Company also provides certain non-investment- related management and operational services for the Clients and their general partners or managers, which services include legal and compliance and certain fund or SPV administration services (e.g., bookkeeping, tax, accounting, audit and certain investor reporting services). Investment advice is not provided to the investors (e.g., limited partners or members) in the Clients (“Investors”). Investors should carefully review the applicable Client’s relevant organizational documents, including the limited partnership agreement or operating agreement, investment management agreement, private placement memorandum, subscription agreements or similar documents, as applicable (each, a “Client Document” and collectively, the “Client Documents”) before making an investment, as the terms set forth therein will govern the applicable Client. Rizvi Traverse does not participate in wrap fee programs. Regulatory Assets Under Management As of December 31, 2023, Rizvi Traverse managed $294,571,753 in assets on a discretionary basis and $0 on a non-discretionary basis (and therefore the amount of its regulatory assets under management (“RAUM”) as of December 31, 2023 was $294,571,753).

RIZVI TRAVERSE MANAGEMENT, LLC

Adviser Profile

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Overview