Alumni Ventures: Platform Profile

Overview

Alumni Ventures is a venture-capital manager that offers diversified startup funds and individual-company syndication opportunities to accredited investors.

Current product types include:

• alumni-network funds;
• Foundation Fund;
• thematic/focused funds;
• venture syndications;
• concentrated strategies;
• diversified venture portfolios.

Current entry points start as low as $10,000, depending on fund and circumstances.

May fit better for

• accredited investors seeking diversified venture exposure;
• investors who want one-time capital funding rather than repeated capital calls;
• investors comfortable with 10-year venture structures;
• investors seeking thematic venture strategies;
• investors using eligible IRA capital;
• investors who prefer fund-level diversification to one startup.

May fit less well for

• non-accredited investors;
• investors requiring liquidity;
• investors sensitive to upfront-reserved management fees;
• investors who do not want 20% profit participation;
• investors unable to tolerate startup failures;
• users who expect venture-fund NAV to behave like public stocks.

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Current adviser status

Current SEC IAPD:

• Name: Alumni Ventures
• CRD: 170562
• SEC number: 802-112318
• Registration status: Not Currently Registered
• Exempt reporting adviser: Yes

An exempt reporting adviser is not the same as a fully SEC-registered investment adviser.

"Alumni Ventures is currently an SEC-registered RIA."

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Accredited investors only

Current FAQ:

• Accredited investor required: Yes
• Non accredited access: No

These are private venture-fund offerings.

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Current minimum

Current FAQ states:

• Low end fund minimum: $10,000
• Minimum varies by fund: Yes

Current fund pages show an investment range from $10,000 to $3,000,000, with a typical $50,000 reference.

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Management fee

Current fund materials state:

• Annual management fee: 2%
• Fund term for fee: 10 years
• Total fee reserved: 20% of commitment
• Collected or reserved upfront: Yes

This is economically important.

The investor makes one capital call, and a portion of the commitment is reserved for management fees.

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$100,000 fee example

At a $100,000 commitment:

10-year management-fee reserve:

$100,000 × 20% = $20,000

Amount remaining for portfolio deployment before any other fund-specific mechanics:

$80,000

This is a simplified illustration of Alumni Ventures' stated typical structure.

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Profit share

Current fund materials:

• Profit split after applicable capital return:
• Investor: 80%
• Alumni Ventures: 20%

Fund Carry and Deal Carry can differ in calculation mechanics.

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Fund Carry vs Deal Carry

Current fee materials distinguish:

• Fund Carry:
• Profit share measured at fund level: Yes
• Deal Carry:
• Profit share can be measured by individual portfolio investment: Yes

Deal Carry can allow AV to earn profit participation on winning deals even if losses elsewhere reduce overall fund performance.

That distinction is material.

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One capital call

Current Alumni Ventures structure:

• One time capital call: Yes
• Recurring GP capital calls after funding: No

The structure differs from traditional private-equity funds that call commitments over several years.

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Syndications

Current AV Syndicate:

• Individual company syndications: Yes
• Minimum: $10,000
• Signup fee: $0

Syndications are materially more concentrated than diversified AV funds.

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IRA access

Current fund pages state:

• IRA investing possible: Yes

Alumni Ventures is not the IRA custodian.

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Liquidity

Current fund materials:

• Typical fund term: 10 years
• Daily liquidity: No
• Guaranteed secondary market: No

Distributions can occur before year 10 as portfolio companies exit.

That does not create an investor redemption right.

Assessment

Alumni Ventures lowers the ordinary venture-fund minimum into five figures while retaining a traditional venture-capital risk profile.

The current $10,000 low-end minimum is accessible relative to institutional VC.

The fee structure is less light.

A typical structure reserves the equivalent of 2% annually for 10 years, or 20% of the commitment, plus a 20% profit share under the applicable carry method.

The most important fee distinction is:

Fund Carry and Deal Carry are not economically identical.