# Riot Ventures Management, LLC

> Riot Ventures Management, LLC is an SEC-registered investment advisory firm in Venice, CA, registered since 2022, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 288647
- Filed as: RIOT VENTURES MANAGEMENT, LLC
- Also doing business as: RIOT VENTURES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Venice, CA
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/288647
- AdvisorCensus page: https://advisorcensus.com/firm/riot-ventures-management-llc-venice-ca-288647

## Quick answers

**How is Riot Ventures Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Riot Ventures Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Riot Ventures Management, LLC located?**
Riot Ventures Management, LLC's principal office is in Venice, CA, according to its Form ADV.

**Is Riot Ventures Management, LLC registered with the SEC or a state?**
Riot Ventures Management, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 288647.

**How much does Riot Ventures Management, LLC manage?**
Riot Ventures Management, LLC reports $1,086,131,727 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).

**How have Riot Ventures Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Riot Ventures Management, LLC: Regulatory assets under management: $262,405,855 in the October 2023 data and $1,086,131,727 in the October 2026 data, up 314%. Total employees: 5 in October 2023 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Riot Ventures Management, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (28).

**Does Riot Ventures 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/288647

**Does Riot Ventures Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated April 30, 2026 says: "The minimum investment requirement for the Fund is $1,000,000."

**What changed in Riot Ventures Management, LLC's recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $948,316,675 to $1,086,131,727 (+15%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated April 30, 2026)

- Account minimum: $1,000,000

> The minimum investment requirement for the Fund is $1,000,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,086,131,727
- Discretionary: $1,086,131,727
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 28 | $1,086,131,727 |

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

### Firm details
- Registered since: 2022 (3 years)
- Employees: 9 total, 7 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)
- riot.vc
- LinkedIn @riotvc
- X @riotvc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 30, 2021 |
| October 2022 | Not reported | Not reported | March 31, 2022 |
| October 2023 | $262,405,855 | 5 | March 31, 2023 |
| October 2024 | $388,305,422 | 5 | March 30, 2024 |
| October 2025 | $614,988,275 | 5 | March 31, 2025 |
| October 2026 | $1,086,131,727 | 9 | April 30, 2026 |

Regulatory assets under management: $262,405,855 in the October 2023 data and $1,086,131,727 in the October 2026 data, up 314%.
Total employees: 5 in October 2023 and 9 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $948,316,675 to $1,086,131,727 (+15%).

### April 2026
- Employees performing advisory functions went from 4 to 7.
- Regulatory assets under management went from $614,988,275 to $948,316,675 (+54%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Riot Ventures Management, LLC (CRD 288647): Form ADV filing data as of October 2026.