MORGENTHALER MANAGEMENT CORPORATION other names

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Adviser Profile

As of Date:

05/14/2024

Adviser Type:

- Large advisory firm


Number of Employees:

14

of those in investment advisory functions:

9


Registration:

SEC, Approved, 3/2/2012

AUM:

106,742,707 -39.31%

of that, discretionary:

106,742,707 -39.31%

Private Fund GAV:

106,742,707 -39.31%

Avg Account Size:

35,580,902 -39.31%


SMA’s:

NO

Private Funds:

3

Contact Info

650 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 960M 720M 480M 240M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 2 $68,861,440
Venture Capital Fund 1 $37,881,267

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Private Funds



Employees




Brochure Summary

Overview

Morgenthaler Management Corporation (“MMC” or “the firm”) is an Ohio corporation that was established in 1981. MMC is owned by the following individual investment professionals of the firm: Robert C. Bellas, Ralph E. Christoffersen, Gary R. Little, John D. Lutsi, Rebecca A. Lynn, Gary J. Morgenthaler, Robert D. Pavey, Henry A. Plain and Peter G. Taft. MMC’s principal place of business is in Portola Valley, California. MMC and its advisory affiliates provide investment advisory and management services to private investment funds that are U.S. limited partnerships (“Client Funds”). For purposes of this brochure, the term “Morgenthaler” will include MMC, Morgenthaler Advisors IX, LLC, and the General Partners collectively. All descriptions pertaining to the Client Funds outlined in this brochure, including their investments, management strategies, associated fees, and potential conflicts of interest faced by Morgenthaler, are entirely contingent upon the respective confidential offering memorandum and governing documents (referred to collectively as the "Fund Documents") of each Client Fund. It should be noted that there are currently no funds open for investment, nor are there any considerations to open such funds. Therefore, nothing contained herein should be construed as an offer of any of the Client Funds discussed, as any such offerings will solely occur upon the provision of a confidential offering memorandum to prospective investors. Morgenthaler generally offers advice on portfolio investments that are within each Client Fund’s investment strategy and
objective. The multi-disciplinary advice provided by Morgenthaler generally focuses on the following investment areas: venture capital (information technology and life sciences) and/or private equity. The venture capital focus involves investments in early-stage businesses in both the information technology and life sciences markets. The private equity focus involves management buyouts, leverage recapitalizations, and industry build-ups in middle market companies that focus in communications, health care or industrial productivity markets. Please refer to Item 8 for a more detailed description of the Client Funds' investment strategies as well as the securities, and other instruments, purchased by Client Funds under the management of Morgenthaler. Morgenthaler has full discretionary authority with respect to the investment decisions of the Client Funds; however, its investment decisions and advice are subject to each Client Fund’s investment objective and guidelines, as set forth in each Client Fund’s respective Fund Documents. Morgenthaler has the right to enter and has entered into agreements, such as side letters, with certain underlying investors of the Client Funds which may impose further restrictions for legal, tax, regulatory or other reasons with respect to participation by such underlying investors in certain investments made by the Client Funds. See Item 10 for additional information. Morgenthaler does not participate in wrap fee programs. As of December 31, 2023, Morgenthaler managed $106,742,707 on a discretionary basis. Morgenthaler does not manage assets on a non‐discretionary basis.