9AT: TCV - Summary

other names

TCV
TCMI, INC.
TECHNOLOGY CROSSOVER VENTURES
TCV VIII MANAGEMENT, L.L.C. (RELYING ADVISER)
TCV VII MANAGEMENT, L.L.C. (RELYING ADVISER)
TCV VI MANAGEMENT, L.L.C. (RELYING ADVISER)
TCV MANAGEMENT 2004, L.L.C. (RELYING ADVISER)
TCV IX MANAGEMENT, L.L.C. (RELYING ADVISER)

Adviser Profile

As of Date	03/27/2026
Registration	SEC, Approved, 03/30/2012
ADV Location	MENLO PARK, CA, United States
Contact Info	650 xxxxxxx
Websites

AUM^*	22,506,060,259 12%
of that, discretionary	22,506,060,259 12%
Private Fund GAV^*	22,506,060,259 12%
Avg Account Size	661,942,949 -1%
SMA’s	No
Private Funds	43 13

Adviser Type

- Large advisory firm

Number of Employees 79 -7%

of those in investment advisory functions 44 -8%

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management

SEC Fund Type	Count	GAV
Fund TypePrivate Equity Fund	Count43	GAV$22,506,060,259

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser 137 VENTURES MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund7.1b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund6.0b	Other Fund-	Total Private Fund GAV19.2b	AUM11.8b	#Funds67
Adviser K1 INVESTMENT MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund23.7b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund745.0m	Other Fund-	Total Private Fund GAV25.2b	AUM23.6b	#Funds31
Adviser L2 POINT MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund586.6m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund41.0m	Other Fund313.1m	Total Private Fund GAV981.7m	AUM622.5m	#Funds9
Adviser HOLLENCREST CAPITAL MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund74.4m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund1.4m	Other Fund-	Total Private Fund GAV77.1m	AUM2.9b	#Funds3
Adviser MORGENTHALER MANAGEMENT CORPORATION	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM106.7m	#Funds-
Adviser FOREBRIGHT CAPITAL MANAGEMENT LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund1.3b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund52.1m	Other Fund-	Total Private Fund GAV1.4b	AUM-	#Funds5
Adviser PING AN OF CHINA ASSET MANAGEMENT (HONG KONG) COMPANY LIMITED	Hedge Fund-	Liquidity Fund-	Private Equity Fund2.2b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV2.2b	AUM-	#Funds4
Adviser XPV WATER PARTNERS INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund881.5m	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund20.9m	Other Fund-	Total Private Fund GAV923.3m	AUM-	#Funds7
Adviser FRAZIER LIFE SCIENCES MANAGEMENT, LP	Hedge Fund2.9b	Liquidity Fund-	Private Equity Fund1.0b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund4.3b	Other Fund-	Total Private Fund GAV12.4b	AUM7.0b	#Funds11
Adviser FISHER LYNCH CAPITAL, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund9.4b	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund85.6m	Other Fund-	Total Private Fund GAV9.6b	AUM9.5b	#Funds13

Brochure Summary

Overview

For purposes of this brochure, the “Adviser” means TCMI, Inc., a Delaware corporation, together (where the context permits) with related general partner or management entities that provide advisory services to and/or receive advisory fees from the Funds (as defined below). Such entities generally are under common control with TCMI, Inc., or possess a substantial crossover of personnel and/or equity owners with TCMI, Inc. These entities may be formed for tax, regulatory or other purposes in connection with the organization of the Funds. The Adviser conducts business under the trade names “TCV” or “Technology Crossover Ventures”. The Adviser provides investment supervisory services to investment vehicles (the “Funds”) that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Funds make primarily long-term private equity and equity-related investments and have in the past and may in the future make investments in debt instruments. In accordance with the Funds’ respective investment objectives, investments are generally made in companies doing business in

information technology and, more specifically, in technology companies primarily in the following four broad sectors: Internet, Software, Enterprise IT and Services. The Adviser’s advisory services consist of investigating, identifying and evaluating investment opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and monitoring the performance of such investments and disposing of such investments. The Adviser provides investment supervisory services to each Fund in accordance with the governing documents of such Fund, separate investment management or portfolio management agreements (an “Advisory Agreement”) and/or side letters with Fund investors (together, “Governing Documents”). Investment advice is provided directly to the Funds and not individually to the investors in the Funds. Investment restrictions for the Funds, if any, are generally established in the Governing Documents of the applicable Fund. The principal owner of TCMI, Inc. is Jay C. Hoag. The Adviser has been in business since 1995. As of December 31, 2023, the Adviser managed a total of $20,010,548,119 of client assets, all of which is managed on a discretionary basis.

TCV

Adviser Profile

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Brochure Summary

Overview