VELVET SEA VENTURES
VSV MANAGEMENT, LLC Legal Name
Adviser information for VELVET SEA VENTURES last updated from Form ADV on March 29th, 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 | 9 |
|---|---|
| Investment Advisory/Research | 7 |
| 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 | 10 | $206.2M |
| Non-Discretionary | 0 | $0 |
| Total | 10 | $206.2M |
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 | 10 | $206.2M |
| 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 | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-123062 |
|---|---|
| SEC ERA File Number | 801-123062 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 317632 |
| Legal Entity Identifier | None |
Principal Office
801 NORTHPOINT PARKWAYSUITE 129
WEST PALM BEACH
FL
United States
Monday - Friday, 9AM - 5PM
Tel: 248-594-4751, Fax: None
Chief Compliance Officer
AUDREY DIMARZO
GENERAL COUNSEL
801 NORTHPOINT PARKWAY
SUITE 129
WEST PALM BEACH
FL
United States
Tel:
248-594-4776
A*****@**************M
(Full email address available in API data)
Regulatory Contact
TODD KNOWLES
CFO
801 NORTHPOINT PARKWAY
SUITE 129
WEST PALM BEACH
FL
United States
Tel:
646-385-8717
T***@**************M
(Full email address available in API data)
Industry Affiliates
| RIZVI TRAVERSE CI GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| RIZVI TRAVERSE GP II LLC | Sponsor, GP, manager of pooled investment vehicles |
| RIZVI TRAVERSE GP III LLC | Sponsor, GP, manager of pooled investment vehicles |
| RIZVI TRAVERSE MANAGEMENT II LLC | Sponsor, GP, manager of pooled investment vehicles |
| RIZVI TRAVERSE MANAGEMENT III LLC | Sponsor, GP, manager of pooled investment vehicles |
| RIZVI TRAVERSE MANAGEMENT, LLC | Other investment adviser, including financial plannersSponsor, GP, manager of pooled investment vehicles |
| RT-SQ MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
| RTLC MANAGEMENT LLC | Sponsor, GP, manager of pooled investment vehicles |
| RTLC MANAGEMENT VI LLC | Sponsor, GP, manager of pooled investment vehicles |
| RTM-ICON LLC | Sponsor, GP, manager of pooled investment vehicles |
| VSV CO-INVEST GP LLC | Sponsor, GP, manager of pooled investment vehicles |
| VSV GP II LLC | Sponsor, GP, manager of pooled investment vehicles |
| VSV GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| M2 EZ LLC | Venture Capital Fund | $3.3M | $0.0M | 50 |
| VELVET SEA VENTURE CAPITAL FUND II LP | Venture Capital Fund | $40.1M | $0.1M | 74 |
| VELVET SEA VENTURE CAPITAL FUND LP | Venture Capital Fund | $95.1M | $0.3M | 50 |
| VSV CO-INVEST III , LLC | Venture Capital Fund | $4.6M | $0.0M | 6 |
| VSV CO-INVEST IV, LLC | Venture Capital Fund | $3.7M | $0.0M | 19 |
| VSV CO-INVEST IX, LLC | Venture Capital Fund | $2.8M | $0.1M | 14 |
| VSV CO-INVEST V LLC | Venture Capital Fund | $3.9M | $0.1M | 12 |
| VSV CO-INVEST VI, LLC | Venture Capital Fund | $14.1M | $0.1M | 17 |
| VSV CO-INVEST VII, LLC | Venture Capital Fund | $5.9M | $0.0M | 37 |
| VSV CO-INVEST VIII, LLC | Venture Capital Fund | $2.2M | $0.1M | 5 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| ACESTES, LLC | Domestic Entity | – | MEMBER | 07/2019 | 10-25% |
| BLANCHARD, KAREN, LOUISE | Individual | – | VICE PRESIDENT OF OPERATIONS | 07/2019 | < 5% |
| DIMARZO, AUDREY, PRICE | Individual | – | CCO AND GENERAL COUNSEL | 07/2019 | < 5% |
| GIAMPETRONI, JOHN, ANGELO | Individual | – | MANAGING DIRECTOR | 07/2019 | < 5% |
| Giampetroni, Matthew, Robert | Individual | – | MANAGING DIRECTOR | 07/2019 | < 5% |
| KNOWLES, TODD, EDWARD | Individual | – | CFO | 07/2019 | < 5% |
| LAZEROW ENTERPRISES, LLC | Domestic Entity | – | MEMBER | 07/2019 | 25-50% |
| Lazerow, Kathryn, Savarese | Individual | – | MANAGING DIRECTOR | 07/2019 | < 5% |
| Lazerow, Michael, Myerberg | Individual | – | MANAGING DIRECTOR | 07/2019 | < 5% |
| TRAVERSE CAPITAL PARTNERS LLC | Domestic Entity | – | MEMBER | 07/2019 | 10-25% |
| GIAMPETRONI, JOHN, ANGELO | Individual | TRAVERSE CAPITAL PARTNERS LLC | OWNER | 11/2003 | > 75% |
| Giampetroni, Matthew, Robert | Individual | ACESTES, LLC | OWNER | 01/2019 | > 75% |
| Lazerow, Michael, Myerberg | Individual | LAZEROW ENTERPRISES, LLC | OWNER | 05/2016 | > 75% |
| Rosa, Katherine, Q | Individual | – | MANAGING DIRECTOR | 09/2021 | < 5% |
| CEDAR WAY LLC | Domestic Entity | – | MEMBER | 01/2022 | 10-25% |
| Rosa, Katherine, Q | Individual | CEDAR WAY LLC | MEMBER AND MANAGER | 11/2021 | > 75% |