Clients
Lightspeed Management serves 51 clients. The average client has about $980 million with the firm.
- Pooled investment vehicles51 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 51 | $50,005,412,721 | 100.0% | $980.5M |
| Total | 51 | $50,005,412,721 | 100% | $980.5M |
- Clients
- 51
- Regulatory AUM
- $50,005,412,721
- Share
- 100.0%
- Avg. per client
- $980.5M
Total
- Clients
- 51
- Regulatory AUM
- $50,005,412,721
- Share
- 100%
- Avg. per client
- $980.5M
What it does
Lightspeed Management provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Lightspeed Management advises 51 private funds.
94.6% of assets ($47.32B across 50 accounts) are managed with discretion; $2.68B across 1 account is not. 43% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Lightspeed Management has custody of client assets.
- All other custodians$50.01B100%
Ownership and leadership
- Owns 10% to 25% of Lightspeed Management Company, L.L.C.
Christopher Schaepe
since August 2005
- Owns 10% to 25% of Lightspeed Management Company, L.L.C.
Barry Eggers
Control person · since August 2005
- Owns 10% to 25% of Lightspeed Management Company, L.L.C.
Ravi Mhatre
Control person · since August 2005
- Owns 10% to 25% of Lightspeed Management Company, L.L.C.
Peter Nieh
Control person · since August 2005
- Owns 5% to 10% of Lightspeed Management Company, L.L.C.
Bejul Somaia
Control person · since January 2025
Leadership
- Ryan ConnorChief Financial Officer
- Robert HortonChief Operating Officer
- Jessica AdamsChief Compliance Officer and Counsel
- Barry EggersMember
- Ravi MhatreMember
- Peter NiehMember
- Brett NissenbergGeneral Counsel
- Michael RomanoChief Business Officer
- Christopher SchaepeMember
- Bejul SomaiaMember
Staff
- 132 employees
- 125 in advisory functions
Reported holdings
Lightspeed Management’s reported 13F holdings total $2.40B across 8 positions, and the ten largest make up 100.0% of it.
- $2.40B
- Reported 13F value
- 8
- Positions
- 100.0%
- In the 10 largest
- +143.4%
- Value vs. prior quarter
- Space Exploration Techn Corp. · Class A Com Stk51.9%
- Navan Inc. · CL A39.7%
- Personalis Inc.3.4%
- Odyssey Therapeutics Inc.2.8%
- Kodiak AI Inc..1.6%
- Olema Pharmaceuticals Inc.0.7%
- Diginex Ltd0.0%
- Figma Inc. · Class A Com Stk0.0%
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 $2.40B is not its $50.01B in regulatory assets and does not represent any individual client's portfolio.
Fees
Lightspeed Management is paid through a percentage of assets under management and performance-based fees.
Lightspeed Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Lightspeed Management has 6 offices, with 3 listed addresses across 2 states.
California · 2 listed addresses
- 2200 Sand Hill Road, Suite 100, Menlo ParkHQ
- 2 S Park Street, San Francisco
New York · 1 listed address
- 799 Broadway, New York
Registration details
- Legal name
- Lightspeed Management Company, L.L.C.
- Headquarters
- 2200 Sand Hill Road, Suite 100, Menlo Park, CA 94025
- Phone
- 650-234-8300
- Website
- Not reported
- SEC file
- 801-132552
- 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 Lightspeed Management have?
Lightspeed Management has 51 clients and manages $50 billion for them, as of May 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 6 May 2026
What services does Lightspeed Management offer?
Lightspeed 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 Lightspeed Management have?
Lightspeed Management has 0 investment adviser representatives registered with state securities authorities, out of 132 employees, and 125 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 Lightspeed Management?
Lightspeed Management’s direct owners are Christopher Schaepe, Barry Eggers, Ravi Mhatre, Peter Nieh and Bejul Somaia, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 6 May 2026
How does Lightspeed Management get paid?
Lightspeed 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
