MEASURE 8 VENTURE PARTNERS other names

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Adviser Profile

Registration status: Registration Changed to MEASURE 8 VENTURE PARTNERS

As of Date:

12/31/2023

Adviser Type:

- Large advisory firm


Number of Employees:

13

of those in investment advisory functions:

7

AUM:

306,937,145

of that, discretionary:

234,819,919

Private Fund GAV:

0 -100.00%

Avg Account Size:

51,156,191 16.67%


SMA’s:

YES

Private Funds:

0 5

Contact Info

646 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
369M 316M 263M 211M 158M 105M 53M
2019 2020 2021 2022 2023

Recent News

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Private Funds



Employees




Brochure Summary

Overview

Measure 8 and its affiliates, Measure 8 GP, LLC, Measure 8 GP II, LLC, Measure 8 Full Spectrum GP, LLC, Measure 8 Opportunities GP, LLC, M8 Phoenix, LLC, and Measure 8 SIF Member, LLC, are Delaware limited liability companies based in New York, NY. Measure 8 is a privately held alternative asset manager founded in January 2018. Mr. Jordan is the sole owner of, and controls Measure 8. Mr. Ort is the Chief Executive Officer of Measure 8. Measure 8 serves as investment adviser to three venture capital private equity funds (“VC Funds”) and expects to launch other venture capital private equity funds in the future (“Fund 2” and together with VC Funds, the “Closed-End Funds”). Measure 8 also advises three hedge funds, Measure 8 Full Spectrum Fund, LP, Measure 8 Full Spectrum Offshore Fund, LP, and Measure 8 Opportunities Fund, LP (the “Open-End Funds”, together with the Closed-End Funds, the “Funds”). Additionally, Measure 8 serves as investment adviser to separately managed accounts (the “SMAs” and collectively with the Funds, the “Clients”). Mr. Jordan is Chief Investment Officer of the Closed-End Funds and SMAs. Mr. Ort is the Chief Investment Officer of the Open-End Funds. Measure 8 will seek to generate maximum capital growth for Clients through the use of an analytically driven investment approach focused on uncovering opportunities in niche markets, specifically the cannabis and hemp industries, and ancillary businesses, in accordance with their respective investment management agreement, offering memorandum, limited partnership agreement, and subscription documents (the “Governing Documents”). The Open-End Fund and the SMA will allocate its assets to the public and pre-public markets and employ both a long- term and short-term investment horizon. The Close-End Funds will seek primarily private market investments targeting returns in excess of 30% IRR, and will invest in minority stakes, seeking a lead-investor role in each investment round. With respect to the Closed-End Funds, the Principals have a history of hands-on investing and anticipate working closely with portfolio companies on strategy, recruiting and further
capital raising. Measure 8 currently provides investment advice directly to the Funds and not individually to their investors. Measure 8 advises SMAs pursuant to investment advisory agreements between Measure 8 and the SMA. Information regarding Clients included in this brochure is qualified in its entirety by information in the Clients’ Governing Documents. Investors and prospective investors in the Funds should refer to the Governing Documents for more detailed information on the investment objectives and investment restrictions with respect to the Funds. There is no assurance that any of the Funds’ investment objectives will be achieved. This brochure is designed solely to provide information about Measure 8 and should not be considered an offer of interests in any Measure 8 Funds. Any such offer may be made only by delivery to the prospective investor of the Governing Documents of the relevant fund under consideration. As an investment adviser to the Clients, Measure 8:
• Identifies and evaluates investment opportunities for Clients;
• Structures and negotiates the terms of investments to be made by Clients;
• Monitors and reviews all documents required to complete the Clients’ investment transactions;
• Monitors the performance of Clients’ investments;
• Evaluates, structures, and supervises, if appropriate, the timing and method of disposition or liquidation of investments; and
• Prepares and transmits the reports required to be prepared and delivered to the investors of each Fund pursuant to their respective Governing Documents. Co-Investments: Measure 8 offers co-investment opportunities to the investors of the Funds, the general partners, its employees, or others as deemed appropriate. Typically, the investment terms of the target company are the same for the Closed-End Fund and co-investment entities. All co- investments’ entities pay their pro-rata share of expenses and are subject to any applicable legal, tax or regulatory considerations. As of December 31, 2022, Measure 8 manages $234,819,919 in discretionary assets and $72,117,226 in non-discretionary assets.