SMASH VENTURES MANAGEMENT COMPANY LP other names

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Adviser Profile

As of Date:

03/30/2024

Adviser Type:

- Large advisory firm


Number of Employees:

19 26.67%

of those in investment advisory functions:

16 33.33%


Registration:

SEC, Approved, 7/20/2020

Other registrations (2)
Former registrations

SMASH VENTURES MANAGEMENT COMPANY LP

AUM:

1,653,220,784 -17.33%

of that, discretionary:

1,653,220,784 -17.33%

Private Fund GAV:

1,807,378,713 -9.62%

Avg Account Size:

91,845,599 -21.92%


SMA’s:

NO

Private Funds:

18 1

Contact Info

310 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 2B 1B 1B 857M 571M 286M
2020 2021 2022 2023

Recent News

Connie Loizos
03/12/2021

Passion Capital, the early-stage venture firm in London, told TechCrunch earlier this week that — in an apparent first for a European fund — it plans to crowdfund the final stage of its

techcrunch.com

Smash Ventures Launches Late-Stage Fund
03/08/2021

After two years flying under the radar, Hollywood-based Smash Ventures Capital Partners has announced its first publicly disclosed venture fund. Although the four-person team and $75 million fund ...

labusinessjournal.com

Why Smash Ventures bet part of its $75 million fund on Epic Games
03/08/2021

Disclaimer | Commerce Policy | Made In NYC | Stock quotes by finanzen.net Smash Ventures has invested part of its $75 million fund in Epic Games, Byju's, DraftKings, Nobull, and Manscaped.Read ...

markets.businessinsider.com

Why Smash Ventures bet part of its $75 million fund on Epic Games
03/07/2021

Smash Ventures has invested part of its $75 million fund in Epic Games, Byju's, DraftKings, Nobull, and Manscaped.Read More

yahoo.com

Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among others
02/25/2021

When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round ... First, there's the newly closed $75 million debut fund from strategic partners and notable investors like Kevin Mayer, the former CEO of TikTok and the former Disney ...

uk.movies.yahoo.com

Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among others
02/24/2021

When in 2018, Smash Ventures showed up as an investor in a ... First, there's the newly closed $75 million debut fund from strategic partners and notable investors like Kevin Mayer, the former ...

yahoo.com


Private Funds Structure

Fund Type Count GAV
Private Equity Fund 13 $534,105,940
Venture Capital Fund 5 $1,273,272,773

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Private Funds



Employees




Brochure Summary

Overview

For purposes of this Brochure, the “Adviser” or “Smash” means Smash Ventures Management Company LP, a Delaware limited partnership formed in 2018, together with Smash Capital Advisors LP, a Delaware limited partnership formed in 2021, a “Relying Adviser” for purposes of the Form ADV. The principal owners of Smash Ventures Management Company LP are Eric Garland and Evan Richter, and the principal owners of Smash Capital Advisors LP are Eric Garland, Evan Richter, Kevin Mayer and Brad Twohig. Smash Ventures Management Company LP has been an investment adviser registered with the SEC since July 2020 and Smash Capital Advisors LP has been a Relying Adviser, and as such an investment adviser registered with the SEC, since February of 2022. Smash provides investment management and advisory services to venture capital funds and other privately-offered funds (each a “Fund” or “Client”, together, the “Funds” or “Clients”) pursuant to an investment management or investment advisory agreement (each, an “Investment Advisory Agreement”) between each Fund and the Adviser. The general partner or equivalent of each Fund is, or will be, an affiliate of the Adviser (each a “General Partner” or “Affiliate”).
The Adviser and its Affiliates operate in accordance with the terms set forth in the limited partnership agreement or limited liability company agreement (together with the Investment Advisory Agreement, private placement memorandum and, as applicable, any side letter agreements negotiated with investors in an applicable Fund, the “Governing Documents”) of such Fund, which includes specific information concerning the operation and management of each Fund. The Adviser has the authority to recommend all investment decisions for each Fund, subject to compliance with the investment criteria set forth in the Governing Documents of the relevant Fund. The Funds and the Affiliates have entered into side letters or other similar agreements with certain investors that have the effect of establishing rights
under, or altering or supplementing the terms (including economic or other terms) of, the relevant Governing Documents with respect to such investors. Additionally, from time to time and as permitted by the relevant Governing Documents, Smash provides co-investment opportunities (including the opportunity to participate in co-invest vehicles) to certain investors or other persons, including other sponsors, market participants, finders, consultants and other service providers and/or certain other persons associated with Smash and/or its affiliates. Such co-investments typically involve investment and disposal of interests in the applicable portfolio company at the same time and on similar terms as the Fund making the investment. However, from time to time, for strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing Fund) may purchase a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post- closing sell-down or transfer), which generally will be funded through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment. Where appropriate, and in Smash’s sole discretion, Smash reserves the right to charge interest or fees on the purchase to the co-investor or coinvest vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs and expenses. However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. Smash does not sponsor or participate in wrap fee programs. As of December 31, 2023, Smash had $ 1,653,220,784 in discretionary regulatory assets under management. Smash does not manage any non-discretionary assets.