Clients
Deer Management serves 36 clients. The average client has about $562 million with the firm.
- Pooled investment vehicles36 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 36 | $20,239,213,324 | 100.0% | $562.2M |
| Total | 36 | $20,239,213,324 | 100% | $562.2M |
- Clients
- 36
- Regulatory AUM
- $20,239,213,324
- Share
- 100.0%
- Avg. per client
- $562.2M
Total
- Clients
- 36
- Regulatory AUM
- $20,239,213,324
- Share
- 100%
- Avg. per client
- $562.2M
What it does
Deer Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Deer Management advises 37 private funds.
100.0% of assets ($20.24B across 36 accounts) are managed with discretion. 64% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Deer Management has custody of $20.24B for 36 clients.
- All other custodians$20.24B100%
Ownership and leadership
- Owns 10% to 25% of Deer Management Co. LLC
Jeremy Levine
Control person · since January 2008
- Owns 10% to 25% of Deer Management Co. LLC
Byron Deeter
Control person · since April 2011
- Owns 10% to 25% of Deer Management Co. LLC
David Cowan
Control person · since January 2002
- Owns 10% to 25% of Deer Management Co. LLC
Adam Fisher
Control person · since March 2015
- Owns 10% to 25% of Deer Management Co. LLC
Alex Ferrara
Control person · since January 2021
- Owns 10% to 25% of Deer Management Co. LLC
Brian Feinstein
Control person · since January 2021
- Owns 5% to 10% of Deer Management Co. LLC
Robert Goodman
Control person · since January 2002
- Owns 5% to 10% of Deer Management Co. LLC
Richard Bennett
Control person · since December 2021
Leadership
- Sara ByrneChief Financial Officer
- Sandra GrippoChief Operating Officer and Managing Member
- Jacob BukhsbaumChief Compliance Officer and Counsel
- Richard BennettManaging Member
- David CowanManaging Member
- Byron DeeterManaging Member
- Brian FeinsteinManaging Member
- Alex FerraraManaging Member
- Adam FisherManaging Member
- Robert GoodmanManaging Member
- Stephen KrausManaging Member
- Jeremy LevineManaging Member
- Scott RingGeneral Counsel, Chief Strategy Officer, and Managing Member
Staff
- 191 employees
- 83 in advisory functions
Reported holdings
Deer Management’s reported 13F holdings total $812.2M across 9 positions, and the ten largest make up 100.0% of it.
- $812.2M
- Reported 13F value
- 9
- Positions
- 100.0%
- In the 10 largest
- +30.5%
- Value vs. prior quarter
- Stubhub Holdings, Inc.. · CL A34.9%
- Xanadu Quantum Technologies Ltd · Sub Vtg B34.0%
- Hinge Health, Inc.. · CL A19.5%
- CS Disco, Inc..4.0%
- Servicetitan, Inc.. · Shs CL A3.9%
- Kymera Therapeutics, Inc..1.8%
- Spire Global, Inc..1.2%
- Fractyl Health, Inc..0.5%
- Tscan Therapeutics, Inc..0.2%
Together, the ten largest are 100.0% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $812.2M is not its $20.24B in regulatory assets and does not represent any individual client's portfolio.
Fees
Deer Management is paid through a percentage of assets under management and performance-based fees.
Deer Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Deer Management has 10 offices, with 6 listed addresses across 3 states.
California · 2 listed addresses
- 889 Winslow Street, Redwood City
- 539 Bryant Street, San Francisco
Massachusetts · 2 listed addresses
- 196 Broadway, Cambridge
- 100 Worcester Street, Wellesley
New York · 2 listed addresses
- 1865 Palmer Avenue, Suite 104, LarchmontHQ
- 505 5th Avenue, New York
Registration details
- Legal name
- Deer Management Co. LLC
- Headquarters
- 1865 Palmer Avenue, Suite 104, Larchmont, NY 10538
- Phone
- 914-833-5300
- Website
- Not reported
- SEC file
- 801-125875
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Deer Management have?
Deer Management has 36 clients and manages $20.2 billion for them, as of May 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026
What services does Deer Management offer?
Deer Management provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Deer Management have?
Deer Management has 0 investment adviser representatives registered with state securities authorities, out of 191 employees, and 83 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Deer Management?
Deer Management’s direct owners are Jeremy Levine, Robert Goodman, Byron Deeter, David Cowan, Adam Fisher, Alex Ferrara, Brian Feinstein and Richard Bennett, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026
How does Deer Management get paid?
Deer Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file