Horsley Bridge Partners LLC (“HBP”, “we”, “us” or “our””) was founded in 1983.  We are 
headquartered in San Francisco and have offices in London and Beijing.  HBP provides investment 
management services to and is the Managing General Partner of a series of fund-of-funds (the 
“Fund(s)” or “Client(s)”) formed to make investments in venture capital and private equity 
partnerships (the “Partnership(s)”).  These Funds are offered to investors on a private placement 
basis. 
The Funds are formed as private equity funds-of-funds.  We invest primarily in early stage venture 
capital and small buyout partnerships.  The Funds may also make secondary purchases of 
interests in private equity funds (referred to as “secondary investments”), and some of the Funds 
may make direct investments in operating companies (referred to as “direct co-investments” 
throughout this brochure).  We do not invest in real estate, hedge, distressed debt, or energy 
funds.     
The Funds’ Partnership investments include venture capital partnerships investing in seed and 
early-stage companies, partnerships investing in growth companies, and buyout partnerships 
investing in more mature companies.  Investments made by these Partnerships may include both 
private and public companies in all types of industries. Investments may be made any place in 
the world, but they are primarily concentrated in the United States (“U.S.”), Europe, Asia and 
Latin America.  Direct co-investments are generally sourced by existing Partnership managers.  
Outside of direct co-investments, the Funds will on occasion directly hold public equity securities 
only to the extent that the Partnerships have made an in kind distribution of marketable 
securities to the Funds.  Cash is held at the Funds’ custodian banks and is held in either interest-
bearing accounts or in money market funds.  
HBP provides investment management services to the Funds, which includes analyzing, selecting, 
monitoring and maintaining Partnership investments and direct co-investments, managing the 
securities held by the Funds or distributed to the Funds by these Partnerships, and all duties 
necessary to carry on the ordinary affairs of the Funds. 
Investors in the Funds are Limited Partners (“Limited Partners” or “Investors”).  Our Limited 
Partners are generally institutional investors and include, but are not limited to, corporate 
pension plans, sovereign wealth entities, public pension plans, endowments, foundations and 
trusts. 
The governing document for each Fund is the Limited Partnership Agreement (“LPA”). Subject to 
the terms of the LPA, HBP has exclusive management and control over the affairs of the Funds.  
The LPA for each Fund governs any investment restrictions, which are discussed in Item 16 
Investment Discretion.   
As of December 31, 2023, HBP is the Managing General Partner of 41 Funds.  Five of the Funds 
(Horsley Bridge Fund VIII, L.P. – Horsley Bridge X Growth Buyout-A, L.P.) invest in Partnerships 
formed primarily to invest in the U.S.  Three of the Funds (Horsley Bridge International III, L.P. – 
Horsley Bridge International V, L.P.) invest in Partnerships formed to invest primarily outside the 
U.S.  Horsley Bridge XI Venture, L.P., Horsley Bridge XI Growth Buyout, L.P., Horsley Bridge XI 
Growth Buyout-A, L.P., Horsley Bridge XII Venture, L.P., Horsley Bridge XII Growth Buyout, L.P., 
Horsley Bridge XII Growth Buyout-A, L.P., Horsley Bridge XIII Venture, L.P., Horsley Bridge Growth 
13, L.P., Horsley Bridge Growth 13-A, L.P., Horsley Bridge Venture 14, L.P., and Horsley Bridge 
Venture 15, L.P. are global funds, investing in venture or growth buyout Partnerships (as 
indicated
                                        
                                        
                                             by the particular Fund’s name) focused on investing in the U.S. and other core markets, 
including China and Europe.  These funds are sometimes collectively referred to as the “main 
Funds”.  Sixteen of the Funds were formed for special purposes to invest (i) either alongside the 
main Funds, exclusively in Partnerships that are held by the main Funds, but in different 
commitment amounts, (ii) in certain opportunities in lieu of a main Fund, due to portfolio 
construction considerations for a main Fund, or (iii) to facilitate the execution of a secondary sale 
of assets from other Funds.  The remaining six Funds were formed as feeder vehicles for certain 
foreign investors in Horsley Bridge XII Venture, L.P., Horsley Bridge XII Growth Buyout-A, L.P., 
Horsley Bridge XIII Venture, L.P., Horsley Bridge Venture 14, L.P., Horsley Bridge Growth 13-A, 
L.P., and Horsley Bridge Venture 15, L.P. 
HBP is the Managing General Partner to the following Funds: 
Horsley Bridge VIII, L.P. 
Horsley Bridge IX, L.P. 
Horsley Bridge X Venture, L.P. 
Horsley Bridge X Growth Buyout, L.P. 
Horsley Bridge X Growth Buyout-A, L.P. 
Horsley Bridge XI Venture, L.P. 
Horsley Bridge XI Growth Buyout, L.P. 
Horsley Bridge XI Growth Buyout-A, L.P. 
Horsley Bridge XII Venture, L.P. 
Horsley Bridge XII Venture Feeder, L.P. 
Horsley Bridge XII Growth Buyout, L.P. 
Horsley Bridge XII Growth Buyout-A, L.P. 
Horsley Bridge XII Growth Buyout Feeder, L.P. 
Horsley Bridge XIII Venture, L.P. 
Horsley Bridge XIII Venture Feeder, L.P. 
Horsley Bridge Growth 13, L.P. 
Horsley Bridge Growth 13-A, L.P. 
Horsley Bridge Growth 13 Feeder, L.P. 
Horsley Bridge Venture 14, L.P. 
Horsley Bridge Venture 14 Feeder, L.P. 
Horsley Bridge Venture 15, L.P. 
Horsley Bridge Venture 15 Feeder, L.P. 
Horsley Bridge International III, L.P. 
Horsley Bridge International IV, L.P. 
Horsley Bridge International V, L.P. 
Horsley Bridge Netherlands VII, L.P. 
Horsley Bridge Growth VIII, L.P. 
Horsley Bridge Strategic Fund, L.P. 
Horsley Bridge Strategic Fund II, L.P. 
Horsley Bridge Strategic Fund III, L.P. 
Horsley Bridge Strategic Fund III-A, L.P. 
Horsley Bridge Strategic Fund IV, L.P. 
Horsley Bridge Strategic Fund V, L.P. 
Horsley Bridge Strategic Fund VI, L.P. 
Horsley Bridge Strategic Fund 7, L.P. 
Horsley Bridge GC, L.P. 
Horsley Bridge SPV II, L.P.  
Horsley Bridge SPV 3, L.P. 
Horsley Bridge SPV 4, L.P. 
Horsley Bridge Venture 14+, L.P. 
Horsley Bridge Consolidation Fund, L.P. 
 as of December 31, 2023 
As of December 31, 2023, HBP also acted as investment manager to one non-discretionary 
account holding private equity partnerships. HBP manages this account on behalf of a pension 
plan which is also a Limited Partner in the Funds.  HBP does not have discretionary authority to 
add Partnership investments to this account or make recommendations for new Partnership 
investments.  HBP provides instructions for the processing of transactions related to the 
contributions of capital and disposition of assets, places trades for the sale of securities 
distributed by the Partnerships, and directs the Trustees with respect to the voting of investment 
assets and execution of consents and other related documents.  
HBP is wholly-owned by our Managing Directors.  HBP has no outside ownership of any kind.  No 
individual Managing Director owns greater than 25% of HBP as of December 31, 2023. 
As of December 31, 2023, HBP managed approximately $21,696,892,706 in regulatory assets 
under management and approximately $22B in committed capital on a discretionary basis, and 
$13,167,808 on a non-discretionary basis through its managed account.