{
  "crd_number": 160389,
  "slug": "tcv-menlo-park-ca-160389",
  "primary_business_name": "TCV",
  "legal_name": "TCMI, INC.",
  "dbas": [],
  "city": "Menlo Park",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-03-30",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 22506060259.0,
  "raum_discretionary": 22506060259.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 79,
  "advisory_employees": 44,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 22506060259.0,
      "count": 34
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "NY"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/TECHNOLOGY-CROSSOVER-VENTURES",
    "https://tcv.com",
    "https://twitter.com/TCVTECH",
    "https://youtube.com/channel/UCF8vFpSfDhGM9anvcDnzjlQ"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160389",
  "city_as_filed": "MENLO PARK",
  "url": "https://advisorcensus.com/firm/tcv-menlo-park-ca-160389",
  "display_name": "TCV",
  "summary": "TCV is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. TCV (CRD 160389): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is TCV compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), TCV reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is TCV located?",
      "a": "TCV's principal office is in Menlo Park, CA, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is TCV registered with the SEC or a state?",
      "a": "TCV is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 160389."
    },
    {
      "q": "How much does TCV manage?",
      "a": "TCV reports $22,506,060,259 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have TCV's assets and staff changed since 2021?",
      "a": "In the Form ADV data for TCV: Regulatory assets under management: $22,557,944,943 in the October 2021 data and $22,506,060,259 in the October 2026 data, unchanged. Total employees: 84 in October 2021 and 79 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does TCV serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (34)."
    },
    {
      "q": "Does TCV report any disciplinary disclosures?",
      "a": "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/160389"
    },
    {
      "q": "What changed in TCV's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $20,075,327,580 to $22,506,060,259 (+12%). Employees performing advisory functions went from 46 to 44."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 22557944943.0,
      "total_employees": 84,
      "filing_date": "2021-09-10"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 25108422023.0,
      "total_employees": 100,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 19880580857.0,
      "total_employees": 104,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 20010548119.0,
      "total_employees": 85,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 20075327580.0,
      "total_employees": 82,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 22506060259.0,
      "total_employees": 79,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $20,075,327,580 to $22,506,060,259 (+12%).",
        "Employees performing advisory functions went from 46 to 44."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/tcv-menlo-park-ca-160389.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 34,
      "fewer_than_5": false,
      "raum": 22506060259.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/160389",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
