Industry Ventures manages investments for various pooled investment vehicles (funds) that invest primarily in equity and equity-related securities issued by venture capital stage operating companies and in interests in venture capital funds. They offer four distinct investment programs: secondary funds, hybrid fund-of-funds, co-investment funds, and venture buyout funds. Investment advice is provided directly to the funds, not to the individual investors in those funds.
Industry Ventures manages investments for pooled investment funds. They charge these funds an annual management fee, typically between 1% and 2% of the committed capital during the investment period (usually 3-7 years). After that, the fee is 1% to 2% of the capital actually invested. The affiliated general partner also receives a percentage of the fund's net profits.