AdvisorCensus / Financial advisors / California / San Francisco / BGV VC Management LLC
BGV VC Management LLC is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.
Quick answers
From the filingHow is BGV VC Management LLC compensated?
On its Form ADV (Item 5.E, October 2026), BGV VC Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is BGV VC Management LLC located?
BGV VC Management LLC's principal office is in Menlo Park, CA, according to its Form ADV.
Is BGV VC Management LLC registered with the SEC or a state?
BGV VC Management LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 298473.
How much does BGV VC Management LLC manage?
BGV VC Management LLC reports $432,997,312 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary).
What types of clients does BGV VC Management LLC serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12).
Does BGV VC Management LLC 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/298473
What changed in BGV VC Management LLC's recent Form ADV filings?
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2ASee the firm's brochure (dated March 31, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$432,997,312 as of October 2026, filing dated March 31, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for pooled investment vehicles (other than investment companies)
Registration and firm details
Items 1, 2, 5- Also doing business as
- BGV II PARTNERS, LLC, BGV III PARTNERS, LLC, BGV IV PARTNERS, LLC, BGV OPPORTUNITY FUND II PARTNERS, LLC, BGV OPPORTUNITY FUND PARTNERS, LLC, BGV V PARTNERS, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2026 (0 years)
- Employees
- Total: 15. Performing investment advisory functions: 5.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $432,997,312 | 15 | March 31, 2026 |
| October 2025 | Not reported | Not reported | April 1, 2025 |
| October 2024 | Not reported | Not reported | March 28, 2024 |
| October 2023 | Not reported | Not reported | June 7, 2023 |
| October 2022 | Not reported | Not reported | April 1, 2022 |
| October 2021 | Not reported | Not reported | March 29, 2021 |
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Updated its list of owners and control persons (Schedule A).
- January 2026
- No longer lists the business name BGV Opportunity Fund Partners LLC.
- No longer lists the business name BGV Opportunity Fund II Partners LLC.
- No longer lists the business name BGV IV Partners LLC.
- Added the business name BGV V Partners, LLC.
- Added the business name BGV Opportunity Fund Partners, LLC.
- Added the business name BGV Opportunity Fund II Partners, LLC.
- Added the business name BGV IV Partners, LLC.
- Added the business name BGV III Partners, LLC.
- Added the business name BGV II Partners, LLC.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. BGV VC Management LLC (CRD 298473): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bgv-vc-management-llc-menlo-park-ca-298473