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Adviser Profile

As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 7
of those in investment advisory functions 4 -20.00%
Registration SEC, Approved, 11/1/2022
Other registrations (1)
Former registrations

RECIPROCAL VENTURE MANAGEMENT, L.L.C.

AUM* 139,829,810 5.47%
of that, discretionary 139,829,810 5.47%
Private Fund GAV* 139,829,810 5.47%
Avg Account Size 23,304,968 5.47%
SMA’s No
Private Funds 6
Contact Info 516 xxxxxxx
Websites

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

Recent News

Reported AUM

Discretionary
Non-discretionary
133M 114M 95M 76M 57M 38M 19M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count4 GAV$132,472,419
Fund TypeOther Private Fund Count2 GAV$7,357,391

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Brochure Summary

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.