BGV VC Management and its relying advisor BGV VC Management II are affiliated companies providing investment advisory services to private pooled investment vehicles (Funds). These Funds invest in venture capital opportunities, including startups and growth-stage companies. Investments in the Funds are offered to accredited and qualified investors, typically institutional investors and high-net-worth individuals. The firm's advisory services are tailored to the investment objectives disclosed in each Fund’s offering documents. Investment advice is provided directly to each Fund, not individually to the investors in each Fund.
Fee Structure
BGV VC Management earns management fees from the Funds, which are indirectly paid by the investors. These fees are generally between 0% to 2% per year, based on capital commitments or contributions, as detailed in the Funds' governing documents. The firm's affiliated general partners may also receive performance-based compensation in the form of carried interest from the Funds after certain performance goals are met. The firm may also receive transaction income from portfolio companies, which offsets the management fee payable by the Funds.