A. Description of the Advisory Firm
Archer Venture Capital Management, LLC (“Archer”) is a Delaware limited liability company. Greg
Martin and John Hadl are Managing Directors and the principal owners. Archer focuses primarily, but
not always, on later stage, mature companies that, for a variety of reasons, have early investors,
employees or management that need liquidity or transitional growth capital.
B. Types of Advisory Services
Archer serves as investment adviser to private investment funds (the “Funds”). An affiliate of Archer
serves as the general partner to each of the Funds (the “General Partners”). The Funds offered or are
offering limited partnership interests (“Interests”) to certain qualified investors as described in Item
7, below (such investors or prospective investors are referred to hereafter as “Investors”). Archer
and the General Partners also provide administrative and management services to the Funds. Archer
may decide in the future to sponsor or manage additional private investment funds or provide
services to additional types of clients. Collectively with the Funds, these are referred to as Archer’s
“Clients” within this document.
Archer seeks to make secondary and growth-stage investments in companies, primarily in the
software, big data, artificial
intelligence, internet enabled applications, media, and consumer sectors.
The descriptions of the Funds in this brochure, including the type of investments made, the
investment strategies utilized, the fees charged to Investors, the expenses incurred by Investors, the
risk factors, and the conflicts of interests that may arise in management of the Funds or in the
selection of investments are qualified in their entirety by reference to each of the Fund’s limited
partnership agreements, each of which is provided to an Investor prior to subscription.
C. Client Tailored Services and Client Imposed Restrictions
Advisory services are tailored to achieve Clients’ investment objectives, but Archer does not provide
tailored investment advice to the Investors of the Fund. Archer generally has the authority to select
which and how many securities and other instruments to buy or sell. One or more Fund limits the
size of an investment in any single portfolio company, except with the prior approval of an Advisory
Committee of limited partners.
D. Wrap Fee Programs
Archer does not participate in wrap fee programs.
E. Amounts Under Management
As of December 31, 2023, Archer has approximately $ 221,138,030 of regulatory assets under
management on a discretionary basis.