AdvisorCensus / Financial advisors / California / San Francisco / Trinity Ventures
Trinity Ventures
Filed as TRINITY VENTURES · Legal name TVL Management Corporation
Trinity Ventures is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 5, 2026.
Quick answers
From the filingHow is Trinity Ventures compensated?
On its Form ADV (Item 5.E, October 2026), Trinity Ventures reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Trinity Ventures located?
Trinity Ventures' principal office is in Menlo Park, CA, according to its Form ADV.
Is Trinity Ventures registered with the SEC or a state?
Trinity Ventures is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 159537.
How much does Trinity Ventures manage?
Trinity Ventures reports $1,166,258,898 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (100% discretionary).
How have Trinity Ventures' assets and staff changed since 2021?
In the Form ADV data for Trinity Ventures: Regulatory assets under management: $1,341,513,330 in the October 2025 data and $1,166,258,898 in the October 2026 data, down 13%. Total employees: 7 in October 2025 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Trinity Ventures serve?
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (10).
Does Trinity Ventures 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/159537
Does Trinity Ventures state an account minimum?
Its Form ADV Part 2A brochure dated May 5, 2026 says: "Trinity Ventures does not currently have a minimum size for a Fund."
What changed in Trinity Ventures' recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $1,341,513,330 to $1,166,258,898 (-13%). 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 2AAccount minimum: None
The brochure's wording
Trinity Ventures does not currently have a minimum size for a Fund.
As stated in the firm's Form ADV Part 2A brochure dated May 5, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,166,258,898 as of October 2026, filing dated May 5, 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- Legal name
- TVL Management Corporation
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (1 year)
- Employees
- Total: 7. Performing investment advisory functions: 4.
- 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 | $1,166,258,898 | 7 | May 5, 2026 |
| October 2025 | $1,341,513,330 | 7 | March 26, 2025 |
| October 2023 | Not reported | Not reported | March 17, 2023 |
| October 2022 | Not reported | Not reported | March 15, 2022 |
| October 2021 | Not reported | Not reported | September 8, 2021 |
Regulatory assets under management: $1,341,513,330 in the October 2025 data and $1,166,258,898 in the October 2026 data, down 13%.
Total employees: 7 in October 2025 and 7 in October 2026.
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
- Regulatory assets under management went from $1,341,513,330 to $1,166,258,898 (-13%).
- 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. Trinity Ventures (CRD 159537): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/trinity-ventures-menlo-park-ca-159537