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Adviser Profile

As of Date 03/12/2024
Adviser Type - Large advisory firm
Number of Employees 4
of those in investment advisory functions 4
Registration SEC, Approved, 11/18/2011
AUM* 1,423,236,466 -14.05%
of that, discretionary 1,013,865,179 -13.73%
Private Fund GAV* 1,423,236,466 -14.05%
Avg Account Size 129,385,133 -14.05%
SMA’s No
Private Funds 8
Contact Info 650 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles
- Selection of other advisers

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 1B 1B 848M 636M 424M 212M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeVenture Capital Fund Count8 GAV$1,423,236,466

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Brochure Summary

Overview

Weathergage is a Delaware limited liability company which has been in business since September 18, 2006. Weathergage is wholly owned by Tim E. Bliamptis, Judith B. Elsea, J. Bradford Hammond, and Sandra M. Guitar. Weathergage and/or its affiliates provide financial, investment and portfolio analysis services to venture capital funds-of-funds and certain venture capital funds-of-funds (some of which may be managed on a non-discretionary basis) for single limited partners (collectively, the “Weathergage Funds”). Weathergage’s primary investment focus is to seek capital appreciation by acquiring, holding and realizing upon a diversified portfolio of venture capital and growth equity investment fund interests. Weathergage generally seeks capital appreciation through investments in private investment funds but may also make buy/sell/hold decisions with respect to the securities of public and private companies received by the Weathergage Funds as distributions in-kind from the underlying investment funds in which such Weathergage Funds invest. Weathergage or its related persons may also, from time to time, establish Weathergage Funds to allow certain persons to co-invest alongside certain Weathergage Funds in investment opportunities that, for purposes of portfolio construction, exceed such Weathergage Funds’ desired allocations with respect to such investment opportunities. Additionally, where suitable, Weathergage may offer such overage opportunities to its single limited partner fund clients (together with the co-investment vehicles described above, the “Overage Accounts”). Weathergage tailors its advisory services to the general investment objectives of each Weathergage Fund described in such Weathergage Fund’s confidential private placement memorandum (its “Offering Memorandum”), subject to specific investment guidelines and restrictions set forth in the
limited partnership agreement or other similar governing documents of such Weathergage Fund (collectively, the “Governing Documents”). Investors and prospective investors of each Weathergage Fund should refer to the Offering Memorandum (if applicable) and Governing Documents of the applicable Weathergage Fund for complete information on the investment objectives and investment restrictions with respect to such Weathergage Fund. There is no assurance that any of the Weathergage Funds’ investment objectives will be achieved. The Weathergage Funds are beneficially owned by a limited number of “accredited investors” as defined in Regulation D under the U.S. Securities Act of 1933 (as amended, the “Securities Act”) or exclusively by “qualified purchasers” as defined in Section 2(a)(51) of the U.S. Investment Company Act of 1940 (as amended, the “Investment Company Act”), and are therefore not required to register as investment companies under the Investment Company Act in reliance upon certain exemptions available to private investment funds whose securities are not publicly offered. In accordance with common industry practice, one or more of the Weathergage Funds or their general partners have entered into “side letters” or similar agreements with certain investors pursuant to which the general partner granted the investor specific rights, benefits, or privileges that were not made available to investors generally. Weathergage does not participate in any wrap fee programs. Weathergage manages assets of the Weathergage Funds on both a discretionary and non- discretionary basis in accordance with the terms and conditions of each Weathergage Fund’s Governing Documents. As of December 31, 2023, Weathergage’s assets under management were as follows: Discretionary: $1,013,865,179 Non-Discretionary: $ 409,371,287 Total: $1,423,236,466