Bracket Capital

Bracket Ventures Management, LLC, operating as Bracket Capital, is a Delaware-based investment adviser established in March 2016. The firm specializes in managing private venture capital funds and special purpose vehicles, primarily focusing on disruptive technological industries. As of December 31, 2024, the firm's regulatory assets under management totaled approximately $1.78 billion, managed on a discretionary basis. Bracket Capital charges a 2% annualized asset-based management fee for the Funds, with the General Partner eligible for a 20% Carried Interest. For SPVs, a one-time 2% asset-based management fee is charged, with the Manager eligible for Carried Interest of 10-20%. The firm does not participate in wrap fee programs and does not tailor services to individual investor needs. Investment discretion is granted to manage client accounts, and the firm has a Code of Ethics to ensure compliance with federal securities laws and prevent conflicts of interest. Bracket Capital reviews client portfolios regularly and provides audited financial statements annually. The firm complies with custody rules and has discretionary authority to manage client securities accounts. Proxy voting is not common practice, but if conducted, it is done in the best interests of clients. The firm has a clean disciplinary record and does not engage in brokerage practices involving public markets. Compensation for client referrals is disclosed, and the firm compensates third-party placement agents for investor referrals.