Industry Ventures, L.L.C. (San Francisco)

Name: Industry Ventures, L.L.C.
Address: 30 Hotaling Place, San Francisco, CA, 94111
Telephone: 415-273-4201

Industry Ventures, L.L.C. is a large advisory firm based in San Francisco. It manages $3.48 billion of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California and Virginia.

Industry Ventures, L.L.C provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Industry Ventures, L.L.C: assets under management

The assets under management (AUM) of Industry Ventures, L.L.C. is $3.48 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 245% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.48 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $165.75 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Industry Ventures, L.L.C. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Industry Ventures, L.L.C serves?

The only and largest group of clients of Industry Ventures, L.L.C is pooled investment vehicles with 21 clients and $3.48 billion of assets under management. Among the 9 most similar advisory firms, Industry Ventures, L.L.C has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.48 billion for 21 clients. None of the firm’s clients are foreign persons or businesses.

Industry Ventures, L.L.C also advises several private funds. Namely, ten other private funds and twelve venture capital funds. The minimum investment commitment required of non-related persons ranges from $50,000 to $1,500,000.

Careers at Industry Ventures, L.L.C.

The company employs 27 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Johan Douwe Swildens	Trustee, founder & managing director	1 Oct 1999	75% - 100%	6029450
Justin Gardner Burden	Managing director	1 Jan 2004	Other	6119669
Michael Sean Gridley	Managing director	1 May 2004	Other	6119656
Kenneth Carroll Wallace	Managing director	1 May 2008	Other	6119676
Victor S Hwang	Managing director	1 Sep 2009	Other	2649470
Richard Roland Reynolds	Managing director	1 Sep 2009	Other	2716274
Swildens Family Trust	Member	1 Nov 2009	75% - 100%	xxx-xx-xxxx
William George Quist	Managing director	1 Jan 2010	Other	5047861
Robert Huntington May	Chief compliance officer	1 Jun 2011	Other	4853803

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Johan Douwe Swildens	Trustee	1 Nov 2009	Other	6029450

Based in San Francisco

The principal office where Industry Ventures, L.L.C. performs its advisory services is located at 30 Hotaling Place, San Francisco, CA 94111, which is also the mailing address of the firm. An additional office of the firm is in Alexandria, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-273-4201 or by fax 415-483-7177. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at industryventures.com.