Hedge Fund Database

RAINE CAPITAL LLC

Adviser information for RAINE CAPITAL LLC 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 194
Investment Advisory/Research 111
Registered Broker-Dealer Representatives 91
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 37 $3.4B
Non-Discretionary 7 $35.3M
Total 44 $3.5B

Clients

Type Number RAUM
Individuals 0 $0
HNW Individuals 1 $100,000
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 39 $3.4B
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 1 $3.3M
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 3 $10.0M
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 34

Services

Advisory Services Portfolio management for individuals and/or small businessesPortfolio management for pooled investment vehicles
Compensation % of AUMPerformance-based fees
Other Business Activities Commodity pool operator or commodity trading advisor

Identifiers

SEC RIA File Number 801-73682
SEC ERA File Number 801-73682
SEC CIK Numbers 1631543
SEC CRD Numbers 157939
Legal Entity Identifier None

Principal Office

65 EAST 55TH STREET
24TH FLOOR
NEW YORK
NY
United States
Monday - Friday, 9:00 A.M. - 5:30 P.M.
Tel: 212-603-5500, Fax: 212-603-5501

Websites

www.linkedin.com/company/the-raine-group/ www.raine.com

Chief Compliance Officer

ANGELA RENEE RISHER
65 EAST 55TH STREET
24TH FLOOR
NEW YORK
NY
United States
Tel: 212-574-8514
Fax: 212-202-5368
(Full email address available in API data)

Regulatory Contact

BRANDON GARDNER
PRESIDENT, PARTNER, CHIEF LEGAL OFFICER
65 EAST 55TH STREET
24TH FLOOR
NEW YORK
NY
United States
Tel: 212-603-5522
Fax: 212-603-5524
(Full email address available in API data)

Industry Affiliates

RAINE ADVISORS (BEIJING) Other investment adviser, including financial planners
RAINE ADVISORS HONG KONG LIMITED Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAINE ADVISORS INDIA PRIVATE LIMITED Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAINE ADVISORS LIMITED Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAINE ASSOCIATES I AIV (CAYMAN) LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES I AIV LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES I LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES II (CAYMAN) LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES II AIV (CAYMAN) LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES II AIV LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES II LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES III CORP (AIV 2) GP LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES III LP Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES III PT (AIV 1) GP LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES IV CORP (AIV 2) GP LP Sponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES IV LP Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RAINE ASSOCIATES IV PT (AIV 1) GP LP Sponsor, GP, manager of pooled investment vehicles
RAINE EUROPE SAS Other investment adviser, including financial planners
RAINE GAMING ASSOCIATES LP Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RAINE SECURITIES LLC Broker-dealer, municipal securities dealer, or gov securities broker or dealer
RAINE SINGAPORE PRIVATE LIMITED Other investment adviser, including financial planners
RAINE VENTURE ASSOCIATES I LP Sponsor, GP, manager of pooled investment vehicles
RAINE VENTURE ASSOCIATES II LP Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RAINE VENTURE ASSOCIATES III LP Commodity pool operator or commodity trading advisorSponsor, GP, manager of pooled investment vehicles
RGF ASSOCIATES CORP (AIV 2) GP LP Sponsor, GP, manager of pooled investment vehicles
RGF ASSOCIATES PT (AIV 1) GP LP Sponsor, GP, manager of pooled investment vehicles

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
RAINE BLUTH CO-INVEST LLC Private Equity Fund $45.8M $0.0M 7
RAINE BLUTH FMFV INVESTCO LLC Private Equity Fund $31.7M $0.0M 3
RAINE GAMING FUND LP Private Equity Fund $128.1M $5.0M 51
RAINE M CO-INVEST 2 LLC Private Equity Fund $0.8M $0.0M 1
RAINE M CO-INVEST LLC Private Equity Fund $4.8M $0.0M 2
RAINE PARTNERS I (CAYMAN) - AIV 1 LP Private Equity Fund $1.5M $0.0M 27
RAINE PARTNERS I (CAYMAN) - AIV 2 LP Private Equity Fund $3.5M $0.0M 25
RAINE PARTNERS I LP Private Equity Fund $22.1M $25.0M 52
RAINE PARTNERS II - AIV 1 LP Private Equity Fund $98.6M $0.0M 81
RAINE PARTNERS II - AIV 2 LP Private Equity Fund $112.3M $0.0M 40
RAINE PARTNERS II (CAYMAN) - AIV 1 LP Private Equity Fund $0.2M $0.0M 81
RAINE PARTNERS II (CAYMAN) - AIV 2 LP Private Equity Fund $0.2M $0.0M 40
RAINE PARTNERS II (CAYMAN) LP Private Equity Fund $171.9M $0.0M 121
RAINE PARTNERS II LP Private Equity Fund $722.7M $10.0M 121
RAINE PARTNERS III - AIV 1 LP Private Equity Fund $528.4M $0.0M 80
RAINE PARTNERS III - AIV 2 LP Private Equity Fund $279.4M $0.0M 44
RAINE PARTNERS III LP Private Equity Fund $879.5M $10.0M 125
RAINE PARTNERS IV - AIV 1 LP Private Equity Fund $560.7M $0.0M 91
RAINE PARTNERS IV - AIV 2 LP Private Equity Fund $188.7M $0.0M 33
RAINE PARTNERS IV LP Private Equity Fund $933.5M $15.0M 125
RAINE VENTURE PARTNERS I LP Private Equity Fund $51.4M $5.0M 45
RAINE VENTURE PARTNERS II LP Private Equity Fund $204.9M $5.0M 38
RAINE VENTURE PARTNERS III LP Private Equity Fund $45.9M $5.0M 19
RAINE VENTURE TM CO-INVEST 2 LLC Private Equity Fund $2.3M $0.0M 1
RAINE VENTURE TM CO-INVEST LLC Private Equity Fund $16.3M $0.0M 1
RAINE VOLCANO CO-INVEST LLC Private Equity Fund $0.9M $0.0M 2
RAINE ZEBRA I - AIV 1 LP Private Equity Fund $4.4M $0.0M 27
RAINE ZEBRA I - AIV 2 LP Private Equity Fund $11.0M $0.0M 25
RGF - AIV 1 LP Private Equity Fund $35.0M $0.0M 41
RGF - AIV 2 LP Private Equity Fund $15.5M $0.0M 9
RPIII FB CO-INVEST LLC Private Equity Fund $95.6M $0.0M 10
RPIII OBSIDIAN CO-INVEST LLC Private Equity Fund $7.9M $0.0M 2
RPIII RAINSANITY CO-INVEST 1 LLC Private Equity Fund $0.6M $0.0M 1
RPIV CASTORE CO-INVEST LLC Private Equity Fund $11.4M $0.0M 12
RVPII MB CO-INVEST 2 LLC Private Equity Fund $1.6M $0.0M 12
RVPII MB CO-INVEST LLC Private Equity Fund $18.2M $0.0M 46

Control Persons

Name Type Entity Title Since Ownership
THE RAINE GROUP LLC Domestic Entity – MANAGING MEMBER 08/2009 > 75%
RAVITCH, JOSEPH, NMN Individual – PARTNER, DIRECTOR 08/2009 10-25%
SINE, JEFFREY, ALAN Individual – PARTNER, DIRECTOR 08/2009 10-25%
GARDNER, BRANDON, WADE Individual – PARTNER, PRESIDENT, DIRECTOR, CHIEF LEGAL OFFICER 08/2009 5-10%
RAINE HOLDINGS LLC Domestic Entity THE RAINE GROUP LLC MANAGING MEMBER 08/2009 > 75%
RISHER, ANGELA, RENEE Individual – CHIEF COMPLIANCE OFFICER 09/2016 < 5%
BEYROUTY, JOSEPH, ANTHONY Individual – CHIEF FINANCIAL OFFICER - MANAGEMENT COMPANY 01/2019 < 5%
GANNALO, STEVEN, EDWARD Individual – CHIEF FINANCIAL OFFICER - PRINCIPAL BUSINESS 01/2024 < 5%
CHIANESE, ALFRED, JOSEPH Individual – VICE PRESIDENT, CHIEF OPERATING OFFICER 01/2024 < 5%

No. Employees, Historic

2001000202020212022202320242025126 on 3/30/2020126 on 6/10/2020126 on 6/25/2020126 on 11/30/2020133 on 3/30/2021133 on 4/22/2021133 on 9/20/2021133 on 11/2/2021150 on 3/28/2022171 on 3/30/2023171 on 5/3/2023171 on 5/9/2023171 on 1/8/2024194 on 3/29/2024

RAUM, Historic

5B3B02020202120222023202420253387000000 on 3/30/20203387000000 on 6/10/20203387000000 on 6/25/20203387000000 on 11/30/20204077300000 on 3/30/20214077100000 on 4/22/20214077100000 on 9/20/20214077100000 on 11/2/20214122400000 on 3/28/20223820900000 on 3/30/20233820900000 on 5/3/20233820900000 on 5/9/20233820900000 on 1/8/20243453600000 on 3/29/2024

No. Clients, Historic

5025020202021202220232024202534 on 3/30/202034 on 6/10/202034 on 6/25/202034 on 11/30/202035 on 3/30/202135 on 4/22/202135 on 9/20/202135 on 11/2/202142 on 3/28/202248 on 3/30/202348 on 5/3/202348 on 5/9/202348 on 1/8/202444 on 3/29/2024

Holdings

From latest 13F, filed August 14th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
DRAFTKINGS INC NEW COM CL A 53M 1M Raine Group LLC
GENIUS SPORTS LIMITED SHARES CL A 2M 301K Raine Group LLC
OLO INC CL A 142M 32M Raine Group LLC
REDDIT INC CL A 2M 31K Raine Group LLC
THE BEACHBODY COMPANY INC COM CL A NEW 6M 749K Raine Group LLC