{"url":"https://nivawealth.com/firms/lightspeed-management-160187","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/160187","regulatoryAum":50005412721,"crd":"160187","secFileNumber":"801-132552","legalName":"Lightspeed Management Company, L.L.C.","displayName":"Lightspeed Management","website":null,"linkedinUrl":"https://www.linkedin.com/company/lightspeed-venture-partners/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2200 Sand Hill Road, Suite 100","city":"Menlo Park","state":"CA","stateName":"California","country":"United States","postalCode":"94025"},"tradeNames":[],"registration":{"secApproved":"28 April 2025","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":132,"advisory":125,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":47322785837,"discretionaryAccounts":50,"nonDiscretionary":2682626884,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":43,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":51,"regulatoryAum":50005412721}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Lightspeed Management has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Ryan Connor","title":"Chief Financial Officer","crd":"7945670"},{"name":"Robert Horton","title":"Chief Operating Officer","crd":"8058345"},{"name":"Jessica Adams","title":"Chief Compliance Officer and Counsel","crd":"8058339"},{"name":"Barry Eggers","title":"Member","crd":"6050253"},{"name":"Ravi Mhatre","title":"Member","crd":"6050254"},{"name":"Peter Nieh","title":"Member","crd":"6050255"},{"name":"Brett Nissenberg","title":"General Counsel","crd":"8058340"},{"name":"Michael Romano","title":"Chief Business Officer","crd":"8058341"},{"name":"Christopher Schaepe","title":"Member","crd":"2843947"},{"name":"Bejul Somaia","title":"Member","crd":"7343631"}],"ownership":[{"label":"Christopher Schaepe","detail":"Member in the 10% to 25% ownership band, since August 2005."},{"label":"Barry Eggers","detail":"Member in the 10% to 25% ownership band and a control person, since August 2005."},{"label":"Ravi Mhatre","detail":"Member in the 10% to 25% ownership band and a control person, since August 2005."},{"label":"Peter Nieh","detail":"Member in the 10% to 25% ownership band and a control person, since August 2005."},{"label":"Bejul Somaia","detail":"Member in the 5% to 10% ownership band and a control person, since January 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":6,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"2200 Sand Hill Road, Suite 100","city":"Menlo Park","headquarters":true},{"street":"2 S Park Street","city":"San Francisco"}]},{"state":"New York","offices":1,"addresses":[{"street":"799 Broadway","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-234-8300","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":51},"sources":{"adv1FilingDate":"6 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/160187/PDF/160187.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Lightspeed Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lightspeed Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Lightspeed Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lightspeed Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lightspeed Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/lightspeed-management-160187/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1702122/000170212226000010/0001702122-26-000010-index.html","totalValue":2404899087,"positionCount":8,"top10Share":1,"top10":[{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":1247287397,"shares":7300055,"shareType":"SH"},{"issuer":"NAVAN INC","titleOfClass":"CL A","cusip":"639193101","value":953639160,"shares":41698258,"shareType":"SH","priorValue":660960051,"priorShares":49921454},{"issuer":"PERSONALIS INC","titleOfClass":"COM","cusip":"71535D106","value":81764790,"shares":6101850,"shareType":"SH","priorValue":51983876,"priorShares":8160734},{"issuer":"ODYSSEY THERAPEUTICS INC","titleOfClass":"COMMON STOCK","cusip":"67613T104","value":67513969,"shares":3608443,"shareType":"SH"},{"issuer":"KODIAK AI INC.","titleOfClass":"COM","cusip":"500081104","value":37289613,"shares":7340475,"shareType":"SH","priorValue":50942897,"priorShares":7340475},{"issuer":"OLEMA PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"68062P106","value":16954790,"shares":1355299,"shareType":"SH","priorValue":20207508,"priorShares":1355299},{"issuer":"DIGINEX LTD","titleOfClass":"ORD SHS","cusip":"G28687112","value":261395,"shares":176618,"shareType":"SH"},{"issuer":"FIGMA INC","titleOfClass":"CLASS A COM STK","cusip":"316841105","value":187973,"shares":10391,"shareType":"SH","priorValue":3879423,"priorShares":183511}],"positionsListed":8,"positions":[{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":1247287397,"shares":7300055,"shareType":"SH"},{"issuer":"NAVAN INC","titleOfClass":"CL A","cusip":"639193101","value":953639160,"shares":41698258,"shareType":"SH","priorValue":660960051,"priorShares":49921454},{"issuer":"PERSONALIS INC","titleOfClass":"COM","cusip":"71535D106","value":81764790,"shares":6101850,"shareType":"SH","priorValue":51983876,"priorShares":8160734},{"issuer":"ODYSSEY THERAPEUTICS INC","titleOfClass":"COMMON STOCK","cusip":"67613T104","value":67513969,"shares":3608443,"shareType":"SH"},{"issuer":"KODIAK AI INC.","titleOfClass":"COM","cusip":"500081104","value":37289613,"shares":7340475,"shareType":"SH","priorValue":50942897,"priorShares":7340475},{"issuer":"OLEMA PHARMACEUTICALS INC","titleOfClass":"COM","cusip":"68062P106","value":16954790,"shares":1355299,"shareType":"SH","priorValue":20207508,"priorShares":1355299},{"issuer":"DIGINEX LTD","titleOfClass":"ORD SHS","cusip":"G28687112","value":261395,"shares":176618,"shareType":"SH"},{"issuer":"FIGMA INC","titleOfClass":"CLASS A COM STK","cusip":"316841105","value":187973,"shares":10391,"shareType":"SH","priorValue":3879423,"priorShares":183511}]},"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."}