Hedge Fund Database

AVEGO MANAGEMENT, LLC

Adviser information for AVEGO 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 17
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 1

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 8 $861.1M
Non-Discretionary 0 $0
Total 8 $861.1M

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 8 $861.1M
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 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 25

Services

Advisory Services Portfolio management for pooled investment vehicles
Compensation % of AUMFixed feesPerformance-based fees

Identifiers

SEC RIA File Number 801-120171
SEC ERA File Number 801-120171
SEC CIK Numbers 1848809
SEC CRD Numbers 310520
Legal Entity Identifier 2549009SHB59XHUX6731

Principal Office

100 NORTH MAIN STREET
SUITE 301
ALPHARETTA
GA
United States
Monday - Friday, 9 AM - 5 PM
Tel: 646-844-0030, Fax: None

Websites

www.avego.com www.linkedin.com/company/avego-management www.velancapital.com

Chief Compliance Officer

ALYSSA ARDEN ROMANO
CHIEF FINANCIAL OFFICER
450 WEST 31ST STREET
8TH FLOOR
NEW YORK
NY
United States
Tel: 646-844-1680
(Full email address available in API data)

Industry Affiliates

AVEGO BIOSCIENCE CAPITAL GP, LLC Sponsor, GP, manager of pooled investment vehicles
AVEGO HEALTHCARE CAPITAL GP II, LLC Sponsor, GP, manager of pooled investment vehicles
AVEGO HEALTHCARE CAPITAL HOLDINGS, LLC Sponsor, GP, manager of pooled investment vehicles
VELAN CAPITAL HOLDINGS LLC Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
AHC-II AGR PARTNERS, L.P Private Equity Fund $14.5M $0.0M 5
AVEGO BIOSCIENCE CAPITAL, L.P. Venture Capital Fund $91.7M $0.0M 19
AVEGO HEALTHCARE CAPITAL FUND II, L.P. Private Equity Fund $286.3M $0.0M 33
AVEGO HEALTHCARE CAPITAL, L.P. Private Equity Fund $273.0M $0.0M 5
VELAN CAPITAL MASTER FUND LP Hedge Fund $177.5M $1.0M 13
VELAN CAPITAL SPV I LLC Hedge Fund $18.1M $0.0M 37

Control Persons

Name Type Entity Title Since Ownership
VENKATARAMAN, BALAJI, NMN Individual – PARTNER, MANAGING MEMBER 06/2020 25-50%
FLEXNER, JAMES, MONCURE Individual – PARTNER, MEMBER 06/2020 25-50%
VANDERVORT, THOMAS, RICHARD Individual – PARTNER, MEMBER 06/2020 25-50%
ROMANO, ALYSSA, ARDEN Individual – CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER 07/2023 < 5%

No. Employees, Historic

201002020202120222023202420257 on 12/16/202011 on 4/5/202111 on 4/15/202112 on 3/31/202212 on 4/20/202214 on 3/31/202314 on 7/21/202314 on 2/7/202417 on 3/28/2024

RAUM, Historic

900M450M0202020212022202320242025263386330 on 12/16/2020263386330 on 4/5/2021263386330 on 4/15/2021429890001 on 3/31/2022429890001 on 4/20/2022635920291 on 3/31/2023635920291 on 7/21/2023635920291 on 2/7/2024861076218 on 3/28/2024

No. Clients, Historic

10502020202120222023202420252 on 12/16/20202 on 4/5/20212 on 4/15/20213 on 3/31/20223 on 4/20/20224 on 3/31/20234 on 7/21/20234 on 2/7/20248 on 3/28/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
ALIMERA SCIENCES INC COM NEW 76M 14M N/A
ASLAN PHARMACEUTICALS LTD SPON ADS NEW 188K 625K N/A
CONTEXT THERAPEUTICS INC COM 3M 1M N/A
ELEVATION ONCOLOGY INC COM 2M 597K N/A
HERON THERAPEUTICS INC COM 24M 7M N/A
INSPIREMD INC COM 2M 904K N/A
JASPER THERAPEUTICS INC COM NEW 6M 283K N/A
JASPER THERAPEUTICS INC COM NEW 27M 1M N/A
KIORA PHARMACEUTICALS INC COM 513K 122K N/A
OPTINOSE INC COM 3M 2M N/A
OUTLOOK THERAPEUTICS INC COM 2M 247K N/A
PRAXIS PRECISION MEDICINES I COM NEW 15M 351K N/A
PROTARA THERAPEUTICS INC COM STK 998K 480K N/A
REZOLUTE INC COM NEW 3M 800K N/A
SKYE BIOSCIENCE INC COM NEW 3M 422K N/A
TELA BIO INC COM 4M 746K N/A
TOURMALINE BIO INC COM 4M 319K N/A
X4 PHARMACEUTICALS INC COM 382K 659K N/A