Pinnacle Ventures provides administrative and investment advisory services to venture debt funds and venture equity funds. Pinnacle does not make investment decisions on behalf of the funds. The funds invest primarily in securities of early-stage and select late-stage start-up companies in the consumer, emerging information technology sector.
Pinnacle Ventures is compensated for investment management and administrative services through management fees paid by the funds. These fees generally range from 1.0% to 2.0% per year, based on either the committed capital of a fund or the cost basis of the fund's assets, net of write-offs. The fees are paid quarterly in advance.