Velvet Sea Ventures

VSV Management, LLC is a registered investment adviser specializing in providing discretionary investment advisory services to venture capital funds and special purpose vehicles. Established in May 2019, VSV focuses on opportunistic investments in privately held seed, early-stage, and growth-oriented companies. The firm manages assets totaling $330,769,118 as of December 31, 2022. VSV charges a management fee of 2.0% on committed or actively invested capital, with the ability to waive or reduce fees for certain investors. The firm's investment strategy involves identifying market-leading companies in rapidly growing industries, considering factors such as target market size, proven management teams, and scalable technology. Clients include large institutions and family investment offices, with a minimum investment generally set at $1 million. VSV follows a Code of Ethics to ensure fiduciary duty to clients and has not been involved in any legal or disciplinary events. The firm exercises investment discretion for client accounts and closely monitors investments through periodic reviews. VSV does not compensate for client referrals and holds client assets in custody with unaffiliated entities. The firm has discretion over voting client securities and votes in the best interest of clients. VSV has not filed for bankruptcy and is not registered with state securities authorities.