COVENTURE MANAGEMENT, LLC
Adviser information for COVENTURE MANAGEMENT, LLC last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 26 |
|---|---|
| Investment Advisory/Research | 13 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 0 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 14 | $1.4B |
| Non-Discretionary | 1 | $24.6M |
| Total | 15 | $1.5B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 11 | $657.1M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 4 | $804.6M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 20 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-114473 |
|---|---|
| SEC ERA File Number | 801-114473 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 290314 |
| Legal Entity Identifier | None |
Principal Office
437 MADISON AVENUESUITE 2001
NEW YORK
NY
United States
Monday - Friday, 9AM - 5PM
Tel: 646-287-2541, Fax: None
Chief Compliance Officer
JOE IRACI
437 MADISON AVENUE
SUITE 2001
NEW YORK
NY
United States
Tel:
305-307-6572
J**@***********C
(Full email address available in API data)
Regulatory Contact
ELIZABETH OSTRANDER
FINANCE & OPERATIONS
437 MADISON AVENUE
SUITE 2001
NEW YORK
NY
United States
Tel:
646-287-2541
E********@***********C
(Full email address available in API data)
Industry Affiliates
| COVENTURE - AMZN CREDIT OPPORTUNITIES GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| COVENTURE - CC CREDIT OPPORTUNITIES GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| COVENTURE - NO1 CREDIT OPPORTUNITIES MANAGER LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| COVENTURE - VANTAGE CREDIT OPPORTUNITIES GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| COVENTURE CREDIT OPPORTUNITIES PARTNERS FUND GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| COVENTURE SPECIAL OPPORTUNITIES GP LLC | Other investment adviser, including financial planners |
| CROSSBEAM FUND I GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| CROSSBEAM FUND II GP, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| CROSSBEAM VENTURE PARTNERS, LLC | Other investment adviser, including financial planners |
| CV HYBRID CAPITAL SOLUTIONS GP LP | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| CV NEW PS MM LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| CV19 VENTURE MANAGER, LLC | Other investment adviser, including financial planners |
| CVP OFFSHORE GP LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| NO1 NEWCO OFFSHORE GP LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| ORELLANA MANAGER LLC | Sponsor, GP, manager of pooled investment vehicles |
| SECFI - COVENTURE LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| COVENTURE - VANTAGE CREDIT OPPORTUNITIES FUND, LP | Private Equity Fund | $6.3M | $0.3M | 17 |
| COVENTURE CC CREDIT OPPORTUNITIES SPV, LP | Hedge Fund | $886.8M | $0.0M | 3 |
| COVENTURE CREDIT OPPORTUNITIES PARTNERS FUND LP | Hedge Fund | $321.8M | $0.3M | 298 |
| COVENTURE NO1 CREDIT OPPORTUNITIES FUND LLC | Private Equity Fund | $51.2M | $0.0M | 78 |
| COVENTURE- AMZN CREDIT OPPORTUNITIES FUND LP | Hedge Fund | $133.4M | $0.3M | 49 |
| CV HCS RATED FEEDER LP | Private Equity Fund | $40.8M | $0.3M | 2 |
| CV HYBRID CAPITAL SOLUTIONS A LP | Private Equity Fund | $53.0M | $0.3M | 3 |
| CV HYBRID CAPITAL SOLUTIONS LP | Private Equity Fund | $73.9M | $0.3M | 9 |
| CV NEW PS FUND LLC | Private Equity Fund | $12.2M | $1.0M | 3 |
| NO1 OFFSHORE FUND LP | Private Equity Fund | $12.3M | $0.0M | 4 |
| OFFSHORE CV CREDIT OPPORTUNITIES PARTNERS FUND LP | Hedge Fund | $51.5M | $0.3M | 19 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Hamed, Ali | Individual | – | CHIEF EXECUTIVE OFFICER | 07/2016 | < 5% |
| IRACI, JOSEPH, CHRISTOPHER | Individual | – | CHIEF COMPLIANCE OFFICER | 11/2018 | < 5% |
| COVENTURE HOLDING COMPANY, LLC | Domestic Entity | – | MANAGING MEMBER OF COVENTURE MANAGEMENT, LLC | 07/2016 | > 75% |
| Hamed, Ali | Individual | CVH MANAGING MEMBER LLC | SOLE MEMBER OF CVH MANAGING MEMBER, LLC | 03/2021 | > 75% |
| GPS CV EQUITY, LLC | Domestic Entity | COVENTURE HOLDING COMPANY, LLC | MEMBER OF COVENTURE HOLDING COMPANY | 09/2016 | |
| MAS ADVISORY LLC | Domestic Entity | GPS CV EQUITY, LLC | MEMBER OF GPS CV EQUITY, LLC | 09/2016 | 25-50% |
| SPILKER, MARC, ADAM | Individual | MAS ADVISORY LLC | MEMBER OF MAS ADVISORY LLC | 03/2014 | > 75% |
| OSTRANDER, ELIZABETH | Individual | – | CHIEF OPERATING OFFICER | 11/2019 | < 5% |
| STRULOWITZ, ISAAC, JOSHUA | Individual | – | CHIEF FINANCIAL OFFICER | 11/2019 | < 5% |
| CVH MANAGING MEMBER LLC | Domestic Entity | COVENTURE HOLDING COMPANY, LLC | MANAGING MEMBER OF COVENTURE HOLDING COMPANY, LLC | 03/2021 | |
| CV HOLDING GROUP LLC | Domestic Entity | – | SOLE MEMBER | 06/2023 | > 75% |
| COVENTURE HOLDING COMPANY, LLC | Domestic Entity | CV HOLDING GROUP LLC | OWNER OF CV HOLDING GROUP LLC | 06/2023 | > 75% |