NEXT COAST VENTURES, LLC
Adviser information for NEXT COAST VENTURES, LLC last updated from Form ADV on March 26th, 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 | 12 |
|---|---|
| Investment Advisory/Research | 9 |
| 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 | 9 | $403.1M |
| Non-Discretionary | 0 | $0 |
| Total | 9 | $403.1M |
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 | 9 | $403.1M |
| 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 | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-126162 |
|---|---|
| SEC ERA File Number | 801-126162 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 283699 |
| Legal Entity Identifier | None |
Principal Office
1204 NUECES STREETAUSTIN
TX
United States
Monday - Friday, 9AM - 6PM CT
Tel: (512) 370-2242, Fax: None
Chief Compliance Officer
JONATHAN KAPLAN
CHIEF OPERATING OFFICER
1204 NUECES STREET
AUSTIN
TX
United States
Tel:
(512) 370-2242
C*********@********************M
(Full email address available in API data)
Regulatory Contact
C. THOMAS BALL
MANAGING DIRECTOR
1204 NUECES STREET
AUSTIN
TX
United States
Tel:
(512) 370-2242
C*********@********************M
(Full email address available in API data)
Industry Affiliates
| NCV ETA GP I, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| NCV ETA UPPER-TIER GP I, LLC | Sponsor, GP, manager of pooled investment vehicles |
| NCV GP I, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| NCV GP II, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| NCV GP III, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| NCV GP SELECT I, L.P. | Sponsor, GP, manager of pooled investment vehicles |
| NCV UPPER-TIER GP I, LLC | Sponsor, GP, manager of pooled investment vehicles |
| NCV UPPER-TIER GP II, LLC | Sponsor, GP, manager of pooled investment vehicles |
| NCV UPPER-TIER GP III, LLC | Sponsor, GP, manager of pooled investment vehicles |
| NCV UPPER-TIER GP SELECT I, LLC | Sponsor, GP, manager of pooled investment vehicles |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| NCV ENTREPRENEURS FUND I, L.P. | Venture Capital Fund | $8.1M | $0.1M | 56 |
| NCV ENTREPRENEURS FUND II, L.P. | Venture Capital Fund | $6.4M | $0.1M | 86 |
| NCV ENTREPRENEURS FUND III, L.P. | Venture Capital Fund | $7.1M | $0.1M | 72 |
| NCV SELECT I, L.P. | Venture Capital Fund | $28.8M | $0.1M | 48 |
| NEXT COAST ETA ENTREPRENEURS FUND I, L.P. | Private Equity Fund | $1.3M | $0.1M | 13 |
| NEXT COAST ETA I, L.P. | Private Equity Fund | $40.0M | $0.1M | 79 |
| NEXT COAST VENTURES I, L.P. | Venture Capital Fund | $162.5M | $0.1M | 66 |
| NEXT COAST VENTURES II, L.P. | Venture Capital Fund | $106.2M | $0.1M | 54 |
| NEXT COAST VENTURES III, L.P. | Venture Capital Fund | $42.8M | $0.1M | 101 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BALL, CHARLES, THOMAS | Individual | – | MANAGING MEMBER | 02/2016 | 50-75% |
| SMERKLO, MICHAEL, ARTHUR | Individual | – | MANAGING MEMBER | 02/2016 | 50-75% |
| KAPLAN, JONATHAN, B. | Individual | – | CHIEF COMPLIANCE OFFICER / CHIEF OPERATING OFFICER | 07/2019 | < 5% |