FOUNDERS CIRCLE CAPITAL, LLC

other names
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Adviser Profile
As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 15
of those in investment advisory functions 9 12.50%
Registration SEC, Approved, 07/11/2014
Other registrations (2)
AUM* 1,034,210,069 -7.76%
of that, discretionary 1,034,210,069 -7.76%
Private Fund GAV* 1,022,129,454 -8.83%
Avg Account Size 47,009,549 -11.95%
SMA’s No
Private Funds 22 1
Contact Info 415 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

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

Recent News

Reported AUM

Discretionary
Non-discretionary
1B 970M 808M 646M 485M 323M 162M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count6 GAV$222,054,480
Fund TypeVenture Capital Fund Count16 GAV$800,074,974

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Brochure Summary

Overview

A. Describe your advisory firm, including how long you have been in business. Identify your principal owner(s). Founders Circle Capital, LLC ("FCC" or the "Firm") provides investment advice to private funds (collectively, "Clients" or "Funds"). The investors in such Clients are generally high net worth individuals and institutions. FCC has been in business since April 2012. The owners of the Firm are Michael Jung and Kenneth Loveless. B. Describe the types of advisory services you offer. If you hold yourself out as specializing in a particular type of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that service in greater detail. If you provide investment advice only with respect to limited types of investments, explain the type of investment advice you offer, and disclose that your advice is limited to those types of investments. FCC is a private investment management firm. The Firm's Clients invest in private companies in the technology sector by acquiring shares from selling shareholders, primarily founders and management, as well as earlier stage institutional investors in these companies. Occasionally, a Client may make investments directly in a private company. The Firm's Clients may also guarantee loans made to individuals who own stock in private companies that such Client would like to acquire. In exchange for such a guarantee,
the Client generally receives an option to acquire a portion of such individual's stock in the private company. C. Explain whether (and, if so, how) you tailor your advisory services to the individual needs of clients. Explain whether clients may impose restrictions on investing in certain securities or types of securities. The Firm tailors its advisory services to the specific needs of a particular Client consistent with the Client's governing documents. The Clients' governing documents typically include negotiated restrictions on investments, and may also provide for an advisory board composed of certain of the investors that may waive investment restrictions on behalf of the Client. D. If you participate in wrap fee programs by providing portfolio management services, (1) describe the differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2) explain that you receive a portion of the wrap fee for your services. Not Applicable. E. If you manage client assets, disclose the amount of client assets you manage on a discretionary basis and the amount of client assets you manage on a non-discretionary basis. Disclose the date "as of" which you calculated the amounts. The amount of regulatory assets under management is $1,034,210,069 as of December 31, 2023. This amount is managed on a discretionary basis.