NEXT LEGACY MANAGEMENT, LLC

RIASEC RegisteredEst. 2012

Total AUM

$4.4B

Discretionary

$4.4B

100% of AUM

Avg account

$93.8M

Accounts

Employees

Advisory reps

Firm details

Headquarters: PORTOLA VALLEY, California
CRD number: 156640
Registered since: March 30, 2012
Website: www.nextlegacy.com
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles100%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Next Legacy Management, LLC operates as a venture capital manager and adviser to pooled investment vehicles and institutional clients. The firm acts as sponsor, general partner and managing member for multiple pooled funds, providing portfolio management for pooled vehicles and for businesses or institutions, and it also selects outside advisers for its strategies. Its business model combines traditional management-fee and performance-fee economics, reflecting both percentage-of-AUM and carry-like arrangements. Investment activity centers on venture capital commitments and fund management rather than public market advisory. The firm is not positioned as an ESG investor and is not registered as a multi-state adviser. Founded for SEC registration in 2012 and organized as a domestic limited liability company, Next Legacy targets institutional capital allocators and structures investments primarily through private pooled vehicles.