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Adviser Profile

As of Date 05/16/2024
Adviser Type - Large advisory firm
Number of Employees 205 28.12%
of those in investment advisory functions 63 6.78%
Registration SEC, Approved, 04/26/2019
Other registrations (3)

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management

Recent News

Reported AUM

Discretionary
Non-discretionary
33B 29B 24B 19B 14B 10B 5B
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count37 GAV$27,361,642,592
Fund TypeOther Private Fund Count3 GAV$1,583,096,544

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Adviser WINSLOW CAPITAL MANAGEMENT LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund493.7m Other Fund- Total Private Fund GAV987.4m AUM23.4b #Funds3
Adviser THRIVE CAPITAL Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund15.6b Other Fund- Total Private Fund GAV31.1b AUM15.6b #Funds34
Adviser SAPPHIRE VENTURES, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund10.8b Other Fund- Total Private Fund GAV21.6b AUM10.8b #Funds24
Adviser ALTOS VENTURES MANAGEMENT, INC. Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund6.6b Other Fund- Total Private Fund GAV13.2b AUM7.7b #Funds58
Adviser EVENTIDE ASSET MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund66.4m Other Fund- Total Private Fund GAV132.7m AUM7.0b #Funds1
Adviser GREYCROFT LP Hedge Fund- Liquidity Fund- Private Equity Fund40.1m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund4.5b Other Fund- Total Private Fund GAV9.0b AUM4.6b #Funds20
Adviser TURIM 21 INVESTIMENTOS LTDA Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund84.4m Other Fund- Total Private Fund GAV168.8m AUM5.4b #Funds4
Adviser FOUNDRY GROUP, LLC Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund3.4b Other Fund- Total Private Fund GAV6.8b AUM3.4b #Funds15
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Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker79589L106 Stock NameSamsara, Inc. $ Position$1,121,054,335 % Position78.00% $ Change26.00% # Change-11.00%
Stck Ticker93403J106 Stock NameWarby Parker Inc. $ Position$92,371,804 % Position6.00% $ Change2.00% # Change0.00%
Stck Ticker30049H102 Stock NameEvolv Techology Holdings, Inc. $ Position$43,724,399 % Position3.00% $ Change59.00% # Change0.00%
Stck Ticker37637K108 Stock NameGitLab, Inc. $ Position$47,489,214 % Position3.00% $ Change4.00% # Change0.00%
Stck Ticker687793109 Stock NameOscar Health, Inc. $ Position$44,704,720 % Position3.00% $ Change34.00% # Change0.00%
Stck Ticker04272N102 Stock NameArriVent BioPharma, Inc. $ Position$35,127,471 % Position2.00% $ Change27.00% # Change0.00%
Stck Ticker565394103 Stock NameMaplebear Inc. $ Position$28,954,366 % Position2.00% $ Change27.00% # Change0.00%
Stck Ticker08975P108 Stock NameBig Commerce Holdings, Inc. $ Position$7,020,000 % Position0.00% $ Change-27.00% # Change0.00%
Stck Ticker75734B100 Stock NameReddit Inc. $ Position$4,589,021 % Position0.00% $ Change3.00% # Change0.00%
Stck Ticker92918V109 Stock NameVroom, Inc. $ Position$357,419 % Position0.00% $ Change1.00% # Change0.00%

Brochure Summary

Overview

For purposes of this brochure, the “Adviser” means GCGM, together (where the context permits) with those of its affiliates that serve as general partners (or the equivalent) of the Funds (as defined below) and other affiliates that provide advisory services or receive advisory fees from the Funds. Such affiliates may be (but are not necessarily) under common control with GCGM, but possess a substantial identity of personnel and equity owners with GCGM. These affiliates may be formed for tax, regulatory, or other purposes in connection with the organization of the Funds, or may serve as general partners of the Funds. To the extent that a Fund is formed as a limited liability company, references herein to “general partner” with respect to such Fund refer to the manager of such limited liability company. Each general partner and manager is subject to the Investment Advisers Act of 1940, as amended (the “Advisers Act”), pursuant to the Adviser’s registration in accordance with SEC guidance. References to the Adviser include the general partner and managers where the context so requires. The Adviser provides investment advisory services to investment vehicles (“Funds”) that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Adviser provides primarily investment advisory services to Funds that focus on creation investments (“Creation”), early venture investments (“Ignition”) and growth venture investments (“Endurance”), including through the Adviser’s executive-in-residence (“XIR”) program and “Catalyst Advisor” program, each of which is described in Item 8. The Adviser primarily targets investments in information technology companies and also proactively starts new companies (generally referred to as “hatching”) in a broad variety of sectors with technology-driven themes, such as: financial technology; commerce; enterprise software; civic technology; health insurance; and a sector the Adviser refers to as “Health Assurance”, a broad category that includes solutions at the intersection of healthcare and technology as well as innovations designed to help people stay well, bend the cost curve, and make quality care more affordable and more accessible. While the Adviser’s deeply thematic investing for the Funds generally falls into these sectors and other information technology products and services categories, the Adviser also understands and anticipates that commercially significant
new technology and other interesting developments will originate in spaces other than information technology. Therefore, the Adviser may also actively seek and pursue high-growth investments and other special opportunities in additional creative areas. The Adviser also provides investment advisory services to one or more Funds that focus on the purchase of existing account receivables and future rights to prospective accounts receivables from operating companies (“Customer Value”). In accordance with the Funds’ respective investment objectives, investments are generally made in privately held companies located in the United States; however, the Funds’ investments also include non-U.S.-based privately held companies. The Adviser’s advisory services consist of: investigating, identifying, and evaluating investment opportunities; structuring, negotiating, and making investments on behalf of the Funds; maintaining, managing and monitoring the performance of such investments; and disposing of such investments. The Adviser or its affiliates may serve as the investment adviser or general partner to the Funds to provide such services. The Adviser provides investment advisory services to each Fund in accordance with the limited partnership agreement (or analogous organizational document) of such Fund, and to other advisory clients in accordance with an investment management agreement or analogous document (each, an “Advisory Agreement”). Investment advice is provided directly to the Funds, subject to the discretion and control of the applicable general partner, and not individually to the investors in the Funds (generally referred to herein as “investors” or “limited partners”). Services are provided to the Funds in accordance with the Advisory Agreements with the Funds or organizational documents of the applicable Fund. Investment restrictions for the Funds, if any, are generally established in the limited partnership agreement or other organizational and offering documents of the applicable Fund, Advisory Agreements, and side letter agreements negotiated with investors in the applicable Fund (such documents collectively, a Fund’s “Organizational Documents”). GCGM is wholly owned by GC Management Partners, LP, which is owned, directly and indirectly, through a variety of affiliated vehicles that are ultimately principally owned by Joel Cutler, David Fialkow, Hemant Taneja, and Ken Chenault. The Adviser has been in business since 1999. As of December 31, 2023, the Adviser manages a total of $27,317,948,305 of client assets, all of which are managed on a discretionary basis.