Section Partners Management, LLC

Section Partners Management, LLC, established in 2014, is a registered investment adviser specializing in serving as an investment adviser to private investment funds. The firm, led by David Crowder and Alisyn Crowder, focuses on providing financing to stock and option holders of high-growth, late-stage, venture-backed companies. With $577,059,604 in assets under management as of December 31, 2024, Section Partners operates on a discretionary basis, tailoring advisory services to meet the investment objectives of its funds. Investment strategies include financing and lending, direct investing, and investing in equity, equity-related, and debt securities of late-stage, venture-backed technology companies primarily in North America. The firm's investment philosophy involves seeking companies likely to have a liquidity event within 12-36 months. Clients should be prepared for the risks inherent in venture capital investments, including potential losses and the illiquidity of investments. Fees are negotiable and typically include a management fee of 1.75%-2% and performance-based fees based on realized profits. The firm does not participate in wrap fee programs and may waive or reduce fees at its discretion. Clients must meet eligibility criteria, with minimum initial investments generally ranging from $25,000 to $50,000. Section Partners Management, LLC acts as a fiduciary and does not accept compensation for the sale of securities outside its association with the firm.