# Altos Ventures Management, Inc.

> Altos Ventures Management, Inc. is an SEC-registered investment advisory firm in Burlingame, CA, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 7, 2026.

- CRD: 162777
- Filed as: ALTOS VENTURES MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Burlingame, CA
- Filing period: October 2026
- Form ADV filing dated: July 7, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/162777
- AdvisorCensus page: https://advisorcensus.com/firm/altos-ventures-management-inc-burlingame-ca-162777

## Quick answers

**How is Altos Ventures Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Altos Ventures Management, Inc. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Altos Ventures Management, Inc. located?**
Altos Ventures Management, Inc.'s principal office is in Burlingame, CA, according to its Form ADV.

**Is Altos Ventures Management, Inc. registered with the SEC or a state?**
Altos Ventures Management, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 162777.

**How much does Altos Ventures Management, Inc. manage?**
Altos Ventures Management, Inc. reports $5,448,790,139 in regulatory assets under management in its Form ADV filing dated July 7, 2026 (100% discretionary).

**How have Altos Ventures Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Altos Ventures Management, Inc.: Regulatory assets under management: $9,777,383,309 in the October 2021 data and $5,448,790,139 in the October 2026 data, down 44%. Total employees: 14 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Altos Ventures Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (59).

**Does Altos Ventures Management, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/162777

**What changed in Altos Ventures Management, Inc.'s recent Form ADV filings?**
In the July 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $5,448,790,139
- Discretionary: $5,448,790,139
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 59 | $5,448,790,139 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2017 (8 years)
- Employees: 41 total, 21 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- altos.vc
- Facebook @ALTOSVENTURES
- LinkedIn @ALTOS-VENTURES
- X @ALTOSVC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $9,777,383,309 | 14 | April 28, 2021 |
| October 2022 | $15,049,262,985 | 18 | June 24, 2022 |
| October 2023 | $7,598,083,777 | 24 | April 14, 2023 |
| October 2024 | $7,662,773,930 | 24 | March 29, 2024 |
| October 2025 | $6,250,108,422 | 34 | March 31, 2025 |
| October 2026 | $5,448,790,139 | 41 | July 7, 2026 |

Regulatory assets under management: $9,777,383,309 in the October 2021 data and $5,448,790,139 in the October 2026 data, down 44%.
Total employees: 14 in October 2021 and 41 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 19 to 21.
- Regulatory assets under management went from $6,250,108,422 to $5,448,790,139 (-13%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Altos Ventures Management, Inc. (CRD 162777): Form ADV filing data as of October 2026.