{"url":"https://nivawealth.com/firms/deer-management-159279","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/159279","regulatoryAum":20239213324,"crd":"159279","secFileNumber":"801-125875","legalName":"Deer Management Co. LLC","displayName":"Deer Management","website":null,"linkedinUrl":"https://www.linkedin.com/company/bessemer-venture-partners/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1865 Palmer Avenue, Suite 104","city":"Larchmont","state":"NY","stateName":"New York","country":"United States","postalCode":"10538"},"tradeNames":[],"registration":{"secApproved":"14 June 2022","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":191,"advisory":83,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":20239213324,"discretionaryAccounts":36,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":64,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":36,"regulatoryAum":20239213324}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Deer Management has custody of $20.24B for 36 clients.","otherCustodians":[],"leadership":[{"name":"Sara Byrne","title":"Chief Financial Officer","crd":"7711812"},{"name":"Sandra Grippo","title":"Chief Operating Officer and Managing Member","crd":"6012865"},{"name":"Jacob Bukhsbaum","title":"Chief Compliance Officer and Counsel","crd":"5093370"},{"name":"Richard Bennett","title":"Managing Member","crd":"7490182"},{"name":"David Cowan","title":"Managing Member","crd":"6012860"},{"name":"Byron Deeter","title":"Managing Member","crd":"6012856"},{"name":"Brian Feinstein","title":"Managing Member","crd":"5834155"},{"name":"Alex Ferrara","title":"Managing Member","crd":"4672052"},{"name":"Adam Fisher","title":"Managing Member","crd":"6461103"},{"name":"Robert Goodman","title":"Managing Member","crd":"6012851"},{"name":"Stephen Kraus","title":"Managing Member","crd":"7062492"},{"name":"Jeremy Levine","title":"Managing Member","crd":"2524641"},{"name":"Scott Ring","title":"General Counsel, Chief Strategy Officer, and Managing Member","crd":"6012868"}],"ownership":[{"label":"Jeremy Levine","detail":"Managing member in the 10% to 25% ownership band and a control person, since January 2008."},{"label":"Robert Goodman","detail":"Managing member in the 5% to 10% ownership band and a control person, since January 2002."},{"label":"Byron Deeter","detail":"Managing member in the 10% to 25% ownership band and a control person, since April 2011."},{"label":"David Cowan","detail":"Managing member in the 10% to 25% ownership band and a control person, since January 2002."},{"label":"Adam Fisher","detail":"Managing member in the 10% to 25% ownership band and a control person, since March 2015."},{"label":"Alex Ferrara","detail":"Managing member in the 10% to 25% ownership band and a control person, since January 2021."},{"label":"Brian Feinstein","detail":"Managing member in the 10% to 25% ownership band and a control person, since January 2021."},{"label":"Richard Bennett","detail":"Managing member in the 5% to 10% ownership band and a control person, since December 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":10,"privateResidences":0},"listedOfficeAddresses":6,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"889 Winslow Street","city":"Redwood City"},{"street":"539 Bryant Street","city":"San Francisco"}]},{"state":"Massachusetts","offices":2,"addresses":[{"street":"196 Broadway","city":"Cambridge"},{"street":"100 Worcester Street","city":"Wellesley"}]},{"state":"New York","offices":2,"addresses":[{"street":"1865 Palmer Avenue, Suite 104","city":"Larchmont","headquarters":true},{"street":"505 5th Avenue","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"914-833-5300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":37},"sources":{"adv1FilingDate":"13 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/159279/PDF/159279.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Deer Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Deer Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Deer Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Deer Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Deer Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/deer-management-159279/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1494127/000119312526352302/0001193125-26-352302-index.html","totalValue":812159395,"positionCount":9,"top10Share":1,"top10":[{"issuer":"STUBHUB HOLDINGS, INC.","titleOfClass":"CL A","cusip":"86384P109","value":283635353,"shares":22038489,"shareType":"SH","priorValue":137520171,"priorShares":22038489},{"issuer":"XANADU QUANTUM TECHNOLOGIES LTD","titleOfClass":"SUB VTG B","cusip":"98390R102","value":275928239,"shares":22785156,"shareType":"SH"},{"issuer":"HINGE HEALTH, INC.","titleOfClass":"CL A","cusip":"433313103","value":158422681,"shares":1908707,"shareType":"SH","priorValue":101555742,"priorShares":2633707},{"issuer":"CS DISCO, INC.","titleOfClass":"COM","cusip":"126327105","value":32707682,"shares":8652826,"shareType":"SH","priorValue":33053795,"priorShares":8652826},{"issuer":"SERVICETITAN, INC.","titleOfClass":"SHS CL A","cusip":"81764X103","value":32007805,"shares":4568064,"shareType":"SH","priorValue":321619341,"priorShares":5068064},{"issuer":"KYMERA THERAPEUTICS, INC.","titleOfClass":"COM","cusip":"501575104","value":14436380,"shares":125895,"shareType":"SH","priorValue":10485795,"priorShares":125895},{"issuer":"SPIRE GLOBAL, INC.","titleOfClass":"COM","cusip":"848560108","value":10012566,"shares":538310,"shareType":"SH","priorValue":8973440,"priorShares":713310},{"issuer":"FRACTYL HEALTH, INC.","titleOfClass":"COM","cusip":"35168W103","value":3788095,"shares":4770901,"shareType":"SH","priorValue":2194614,"priorShares":4770901},{"issuer":"TSCAN THERAPEUTICS, INC.","titleOfClass":"COM","cusip":"89854M101","value":1220594,"shares":1245504,"shareType":"SH","priorValue":1257959,"priorShares":1245504}],"positionsListed":9,"positions":[{"issuer":"STUBHUB HOLDINGS, INC.","titleOfClass":"CL A","cusip":"86384P109","value":283635353,"shares":22038489,"shareType":"SH","priorValue":137520171,"priorShares":22038489},{"issuer":"XANADU QUANTUM TECHNOLOGIES LTD","titleOfClass":"SUB VTG B","cusip":"98390R102","value":275928239,"shares":22785156,"shareType":"SH"},{"issuer":"HINGE HEALTH, INC.","titleOfClass":"CL A","cusip":"433313103","value":158422681,"shares":1908707,"shareType":"SH","priorValue":101555742,"priorShares":2633707},{"issuer":"CS DISCO, INC.","titleOfClass":"COM","cusip":"126327105","value":32707682,"shares":8652826,"shareType":"SH","priorValue":33053795,"priorShares":8652826},{"issuer":"SERVICETITAN, INC.","titleOfClass":"SHS CL A","cusip":"81764X103","value":32007805,"shares":4568064,"shareType":"SH","priorValue":321619341,"priorShares":5068064},{"issuer":"KYMERA THERAPEUTICS, INC.","titleOfClass":"COM","cusip":"501575104","value":14436380,"shares":125895,"shareType":"SH","priorValue":10485795,"priorShares":125895},{"issuer":"SPIRE GLOBAL, INC.","titleOfClass":"COM","cusip":"848560108","value":10012566,"shares":538310,"shareType":"SH","priorValue":8973440,"priorShares":713310},{"issuer":"FRACTYL HEALTH, INC.","titleOfClass":"COM","cusip":"35168W103","value":3788095,"shares":4770901,"shareType":"SH","priorValue":2194614,"priorShares":4770901},{"issuer":"TSCAN THERAPEUTICS, INC.","titleOfClass":"COM","cusip":"89854M101","value":1220594,"shares":1245504,"shareType":"SH","priorValue":1257959,"priorShares":1245504}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}