Avenir Management Company, Llc
- Regulatory AUM
- $2.8B
- Discretionary
- $2.8B
- Clients
- 40
- Avg AUM / client
- $69.9M
- Accounts
- 40
- Employees
- 20
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Apr 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 40 | $2.8B | 100.0% |
Private funds (36)
View all →Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $2.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Avenir Growth Partners Iv Lp | Venture Capital Fund | Delaware | $462M | 86 |
| Avenir Growth Partners Iii Lp | Venture Capital Fund | Delaware | $310M | 83 |
| Avenir Growth Partners Ii, L.P. | Venture Capital Fund | Delaware | $148M | 69 |
| Avenir Growth Partners Iii Co Invest Lp | Venture Capital Fund | Delaware | $136M | 6 |
| Avenir Flutterwave Investors Llc | Venture Capital Fund | Delaware | $106M | 29 |
| Azk4 Llc | Venture Capital Fund | Delaware | $83.5M | 6 |
| Avenir Spinny Investors Llc | Venture Capital Fund | Delaware | $80.5M | 12 |
| Avenir Growth Partners Ii Co Invest, L.P. | Venture Capital Fund | Delaware | $79.4M | 7 |
| Avenir Sxf B Investors Llc | Venture Capital Fund | Delaware | $57.6M | 18 |
| Avenir Savage Investors Llc | Venture Capital Fund | Delaware | $54.5M | 15 |
| Avenir Dandy Investors Ii Llc | Venture Capital Fund | Delaware | $50.8M | 6 |
| Avenir Ddg Investors Llc | Venture Capital Fund | Delaware | $50.6M | 22 |
| Avenir Flutterwave Investors Ii Llc | Venture Capital Fund | Delaware | $50.0M | 10 |
| Avenir Current Investors Llc | Venture Capital Fund | Delaware | $48.6M | 15 |
| Avenir Xepelin Investors Llc | Venture Capital Fund | Delaware | $40.1M | 9 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Reynolds, James, Madison | Limited Partner | Jan 2022 (5y) | ≈ 18.75% – 50% via Avenir Management Holdings Lp | |
| Sugrue, Andrew, Gregory | Limited Partner | Jan 2022 (5y) | ≈ 37.5% – 75% via Avenir Management Holdings Lp | |
| Deluca, Christopher, Thomas | Chief Compliance Officer | Oct 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Avenir Management Holdings Lp | Direct Holder | Jan 2022 | A | 75% or more |
| Avenir Management Gp Llc | General Partner | Jan 2022 | B | GP / trustee / elected manager of Avenir Management Holdings Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Reynolds, James, Madison: 25% – 50% of Avenir Management Holdings Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Sugrue, Andrew, Gregory: 50% – 75% of Avenir Management Holdings Lp × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (36, $2.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Avenir Growth Partners Iv Lp | Venture Capital Fund | $462M | $0 | 86 |
| Avenir Growth Partners Iii Lp | Venture Capital Fund | $310M | $0 | 83 |
| Avenir Growth Partners Ii, L.P. | Venture Capital Fund | $148M | $0 | 69 |
| Avenir Growth Partners Iii Co Invest Lp | Venture Capital Fund | $136M | $0 | 6 |
| Avenir Flutterwave Investors Llc | Venture Capital Fund | $106M | $0 | 29 |
| Azk4 Llc | Venture Capital Fund | $83.5M | $0 | 6 |
| Avenir Spinny Investors Llc | Venture Capital Fund | $80.5M | $0 | 12 |
| Avenir Growth Partners Ii Co Invest, L.P. | Venture Capital Fund | $79.4M | $0 | 7 |
| Avenir Sxf B Investors Llc | Venture Capital Fund | $57.6M | $0 | 18 |
| Avenir Savage Investors Llc | Venture Capital Fund | $54.5M | $0 | 15 |
| Avenir Dandy Investors Ii Llc | Venture Capital Fund | $50.8M | $0 | 6 |
| Avenir Ddg Investors Llc | Venture Capital Fund | $50.6M | $0 | 22 |
| Avenir Flutterwave Investors Ii Llc | Venture Capital Fund | $50.0M | $0 | 10 |
| Avenir Current Investors Llc | Venture Capital Fund | $48.6M | $0 | 15 |
| Avenir Xepelin Investors Llc | Venture Capital Fund | $40.1M | $0 | 9 |
| Avenir Alloy Investors Llc | Venture Capital Fund | $38.0M | $0 | 9 |
| Avenir Bevi Investors, Llc | Venture Capital Fund | $34.4M | $0 | 11 |
| Avenir Mark43 Investors Llc | Venture Capital Fund | $29.0M | $0 | 9 |
| Avenir Growth Partners Iv A Lp | Venture Capital Fund | $23.8M | $0 | 43 |
| Avenir Growth Partners, L.P. | Venture Capital Fund | $19.5M | $0 | 39 |
| Avenir Expansion Partners Iv Lp | Venture Capital Fund | $18.4M | $0 | 13 |
| Avenir Tul Investors Llc | Venture Capital Fund | $18.2M | $0 | 10 |
| Avenir Bdg Investors, Llc | Venture Capital Fund | $10.3M | $0 | 26 |
| Avenir Sxf Investors, Llc | Venture Capital Fund | $9.7M | $0 | 6 |
| Avenir Artsy Investors, Llc | Venture Capital Fund | $9.0M | $0 | 32 |
Top 25 of 36 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 04/29/2026 | 8.61 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Apr 29, 2026.
View current Form ADV (SEC/IAPD) ↗