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Pinegrove Venture Partners

SEC-registered adviser since 2023Menlo Park, CACRD 326747

$13.7B
AUM
69
Clients
See fees
Fee
19
Advisory staff

From Form ADV filed 1 June 2026 · data retrieved 15 October 2026SEC record

Pinegrove Venture Partners is an investment adviser headquartered in Menlo Park, California, and registered with the SEC since 2023. Its clients include pooled investment vehicles and corporations and other businesses.

Its services include portfolio management for pooled vehicles and portfolio management for institutions. Fee arrangements include a percentage of assets under management, fixed fees and performance-based fees. PVP Middle Holdco, LLC owns 75% or more of Pinegrove Venture Partners.

Clients

Pinegrove Venture Partners serves 69 clients, 68 of them pooled investment vehicles. The average client has about $199 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles68 clients100%
Show client breakdown
Pooled investment vehicles
Clients
68
Regulatory AUM
$13,717,473,648
Share
100.0%
Avg. per client
$201.7M
Corporations and other businesses
Clients
1
Regulatory AUM
$0
Share
0.0%
Avg. per client
$0

Total

Clients
69
Regulatory AUM
$13,717,473,648
Share
100%
Avg. per client
$198.8M

What it does

Pinegrove Venture Partners provides portfolio management for pooled vehicles, portfolio management for institutions and other activities. It is paid through a percentage of assets, fixed fees and performance-based fees.

Pinegrove Venture Partners advises 68 private funds.

100.0% of assets ($13.72B across 68 accounts) are managed with discretion. 18% of clients are outside the U.S., and 1 clients received advice without assets under management last fiscal year.

Custodians

Pinegrove Venture Partners has custody of $57.9M for 7 clients.

Managed account assets by custodian
  • All other custodians$13.72B100%

Ownership and leadership

PVP Middle Holdco, LLC owns 75% or more of Pinegrove Venture Partners.

Who owns the firm
Pinegrove Venture Partners, LLC· the adviser

  • PVP Middle Holdco, LLC

    Control person · since April 2023

    Owns 75% or more of Pinegrove Venture Partners, LLC

Leadership

  • E-John Lee
    Chief Operating Officer
  • Jillana Downing
    Chief Compliance Officer
  • James Ellison
    Managing Partner
  • Aaron Gershenberg
    CEO
  • Thorben Hett
    Managing Partner
  • Beau Laskey
    Managing Partner
  • Sulaiman Mandani
    Managing Partner

Staff

  • 54 employees
  • 19 in advisory functions

Reported holdings

Pinegrove Venture Partners’ reported 13F holdings total $7.41M across 6 positions, and the ten largest make up 100.0% of it.

$7.41M
Reported 13F value
6
Positions
100.0%
In the 10 largest
+257.3%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Hawkeye 360 Inc. · Com Shs71.8%
  2. Coinbase Global Inc. · Com CL A17.4%
  3. Avepoint Inc. · Com CL A4.9%
  4. Nextdoor Holdings Inc. · Com CL A3.5%
  5. Firy Inc. · Com CL A1.9%
  6. Pacific Biosciences Calif IN0.5%

Together, the ten largest are 100.0% of reported value.

The 6 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 10 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.41M is not its $13.72B in regulatory assets and does not represent any individual client's portfolio.

Fees

Pinegrove Venture Partners is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.

Pinegrove Venture Partners’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Pinegrove Venture Partners has 11 offices (9 private residences, listed without an address), with 3 listed addresses across 3 states.

Listed office addresses by state

California · 1 listed address

  • 2882 Sand Hill Road, Suite 140, Menlo ParkHQ

Other business names

Pinegrove Venture Partners has reported 2 other business names to the SEC.

  • Pinegrove Credit Partners
  • Pinegrove Strategic Partners

Registration details

Legal name
Pinegrove Venture Partners, LLC
Headquarters
2882 Sand Hill Road, Suite 140, Menlo Park, CA 94025
Phone
650-519-0540
Website
Not reported
SEC file
801-128396
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 Pinegrove Venture Partners have?

Pinegrove Venture Partners has 69 clients and manages $13.7 billion for them, as of June 2026. They include 68 pooled investment vehicles and 1 corporations and other businesses.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 June 2026

What services does Pinegrove Venture Partners offer?

Pinegrove Venture Partners provides portfolio management for pooled vehicles, portfolio management for institutions and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Pinegrove Venture Partners have?

Pinegrove Venture Partners has 0 investment adviser representatives registered with state securities authorities, out of 54 employees, and 19 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 Pinegrove Venture Partners?

Pinegrove Venture Partners is owned through a chain of holding companies by Brookfield Asset Management LTD, Brookfield Corporation, SCHF US, L.P., Michelle J Wachs 2020 Irreovcable Trust and Irwin R. Gross 2020 Irrevocable Trust. Its direct owner is PVP Middle Holdco, LLC (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 1 June 2026

How does Pinegrove Venture Partners get paid?

Pinegrove Venture Partners is paid through a percentage of assets under management, fixed fees 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

Sources

  1. Form ADV Part 1A, amendment filed 1 June 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 326747.
  3. Form 13F-HR, filed 10 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Pinegrove Venture Partners, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.