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Adviser Profile

As of Date 06/20/2024
Adviser Type - Large advisory firm
Number of Employees 16
of those in investment advisory functions 9
Registration SEC, Approved, 11/02/1993
AUM* 2,887,295,468 -2.75%
of that, discretionary 1,945,130,908 -6.59%
Private Fund GAV* 2,824,364,442 -43.58%
Avg Account Size 120,303,978 -10.86%
SMA’s No
Private Funds 39 5
Contact Info 918 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 1B 700M 350M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count1 GAV$6,920,817
Fund TypeOther Private Fund Count38 GAV$2,817,443,625

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Brochure Summary

Overview

Since 1983, Knightsbridge Advisers has specialized in the selection of early stage and growth equity venture capital partnerships focused on the information technology and life sciences industries for our fund-of-funds investments. Our clients are private investment funds whose investors include leading endowments, foundations, high net worth individuals, insurance companies, institutions, and pension funds in the United States, Canada, the United Kingdom, continental Europe, and Australia. With over 40 years of venture partnership investing, we have, as of December 31, 2023, $2.9 billion under management in vehicles we advise. All assets are managed on a discretionary basis, with the exception of select separately managed accounts. Of the $2.9 billion under management, as of December 31, 2023, $1.9 billion represent discretionary assets under management and $942 million represent non-discretionary assets under management. Knightsbridge’s Managing Principals are Matthew Ahern, George Arnold, Barbara Piette and Sven Weber.
Ahern, Arnold, Piette and Weber collectively own a majority interest in the company, subject to vesting.
Ahern and Arnold each own more than 25% of the company. The Managing Principals’ experience and relationships across the entire spectrum of venture and growth equity franchises are instrumental in finding and gaining access to premier venture capital funds, secondary opportunities and direct company investment. Supporting the Managing Principals is a team of fourteen professionals and support staff in various roles ranging from the day-to-day management of the firm to administration of the Knightsbridge investment vehicles, investment analysis, and research. Knightsbridge provides investment supervisory services by advising on the selection of venture capital portfolio funds, secondary
opportunities and direct company investments and monitoring the performance of those investments. Most Knightsbridge client investment vehicles are “funds-of-funds.” As such, our venture investment vehicles are generally structured as limited partnerships and similar entities, which in turn invest in multiple venture capital partnerships managed by third party venture capital firms (we refer to the underlying venture capital funds in which our investment vehicles invest as “portfolio funds”). Most Knightsbridge investment funds have multiple limited partners which have no ability to impose any restrictions or limitations on the types of investments which the funds make. We do manage a number of limited partnerships with only one limited partner (separately managed accounts) which may impose a specific mandate or restrictions on our investment selections, including exercising discretion with respect to the selection of portfolio funds. It should be noted that in some cases Knightsbridge enters into side letters or similar agreements with investors in its investment funds providing for additional rights or varying the terms of the funds with respect to such investors to the extent permitted under the offering documents and applicable regulations. Knightsbridge 1) does not tailor its investment research and due diligence to the individual needs of limited partners in our investment funds and 2) conducts no analysis of the suitability of an investment for a particular fund limited partner. None of the Knightsbridge investment vehicles will be registered as investment companies under the Investment Company Act of 1940, as amended. The offer and sale of the securities of each Knightsbridge investment vehicle are not registered under the Securities Act of 1933, as amended.