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Adviser Profile

As of Date 10/18/2024
Adviser Type - Large advisory firm
Number of Employees 8 -50.00%
of those in investment advisory functions 5 -37.50%
Registration SEC, Approved, 07/27/2022
Other registrations (2)
Former registrations

IP GROUP, INC.

AUM* 125,131,810 -39.16%
of that, discretionary 125,131,810 -39.16%
Private Fund GAV* 125,131,810 -39.16%
Avg Account Size 25,026,362 -39.16%
SMA’s No
Private Funds 5
Contact Info 516 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
223M 192M 160M 128M 96M 64M 32M
2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count1 GAV$1,105,911
Fund TypeVenture Capital Fund Count4 GAV$124,025,899

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Brochure Summary

Overview

The Adviser Longview Innovation Corp., a Delaware corporation (the “Adviser” or “Longview”), is a registered investment adviser with the U.S. Securities and Exchange Commission (“SEC”). The Adviser was formed in 2013 as IP Group, Inc. (“IP Group”). In March 2023, the Adviser effectuated a name change in which IP Group was rebranded to Longview. The Adviser is headquartered in Wilmington, Delaware. The Adviser is owned by Hard Science Investment Management, LLC. Longview’s mission is to bring novel science and technology to commercial use through its venture capital investments. In this regard, Longview primarily invests in early-stage companies emerging from university research and national laboratories. Such investments are generally made through pooled investment vehicles and special purpose vehicles, including co-investment vehicles (each, a “Fund,” and, collectively, the “Funds”) that are exempt from registration under the Investment Company Act of 1940, as amended (“Investment Company Act”), though the Adviser makes investments through investment management agreements with private fund clients as well. The Adviser also reserves the right to make investments through other means. In general, investors in Funds are not entitled to make changes to the investment strategy once a vehicle has launched. However, investor input is regularly considered pre-launch and investor mandates can be specified in connection with individually negotiated side letters and similar mandates/restrictions. Although the Adviser does not currently advise separately managed accounts, if it does in the future, it is expected that clients will have the opportunity to discuss investment
strategies with the Adviser in crafting the overall investment strategy. Advisory Services The Adviser tailors its advisory services to the specific investment objectives and restrictions of each client pursuant to the investment guidelines and restrictions set forth in each client’s applicable offering and/or governing documents (collectively, the “Governing Documents”), investment management agreement and/or investment policy. Information about each client’s particular investment purpose are described in such client’s Governing Documents, investment management agreement and/or investment policy. Adviser focuses their investments on novel science and technology and aims to invest at the earliest point feasible. Adviser has relationships with various universities and institutions to allow them to collaborate and assist in the management and structure of the portfolio companies at the point of inception and work with and directly participate throughout the commercialization of intellectual property and build-out process of the related portfolio company. Investments in the Funds involve significant risks and should be regarded as long-term in nature, forming only one portion of an investor’s diversified investment portfolio. Due to the unique timing of our funding and participation, Longview takes a comprehensive approach to supporting our investments. Ancillary services offered to our companies include, but are not limited to, business administrative support, talent acquisition, and capital market resources. As of December 31, 2023, the Adviser has $123,507,945 in total regulatory assets under management, all of which is discretionary.