Otherwise Fund Management, LLC
Mill Valley, CA · CRD 300047
Venture capital managerExempt reporting
Otherwise Fund Management, LLC is an exempt reporting adviser based in Mill Valley, CA that reports managing 14 private funds on Form ADV, including 14 venture capital funds. Its private funds hold $347.9 million in gross assets.
- Regulatory assets under management
- —Form ADV Item 5.F
- Gross assets of private funds
- $347.9 millionAll private fund types, Form ADV
- Private funds managed
- 14PE 0 · VC 14 · hedge 0
- Employees
- —Form ADV Item 5.A
- Registration
- Exempt reporting adviserCRD 300047
- Latest Form ADV
- 03/31/2026Disciplinary disclosures: none reported
Venture capital funds filing Form D (2)
Fund
First sale
Raised
Investors
Minimum
Offering
Otherwise Fund V, L.P.
Mill Valley, CAEmerging
First saleMar 2025
Raised$40.2M
Investors17
MinimumNone set
Offering506(b)
Otherwise Fund VI, L.P.
Mill Valley, CA
First sale—
Raised$0
Investors0
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (6)
Fund
Gross assets
Minimum
Owners
Adviser
Otherwise Fund I, L.P.
Delaware, United StatesVenture capital fund
Gross assets$50.8M
MinimumNone set
Owners38
AdviserOtherwise Fund Management, LLC
Otherwise Fund IV, L.P.
Delaware, United StatesVenture capital fund
Gross assets$36.5M
Minimum$25K
Owners131
AdviserOtherwise Fund Management, LLC
Otherwise Fund III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$25.0M
Minimum$35K
Owners94
AdviserOtherwise Fund Management, LLC
Otherwise Platform Fund II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$21.8M
MinimumNone set
Owners105
AdviserOtherwise Fund Management, LLC
OW Fa LLC
Delaware, United StatesVenture capital fund
Gross assets$1.7M
Minimum$10K
Owners8
AdviserOtherwise Fund Management, LLC
OW Devant, LLC
Delaware, United StatesVenture capital fund
Gross assets$1.5M
Minimum$10K
Owners10
AdviserOtherwise Fund Management, LLC
As reported in the adviser's Form ADV filed Mar 29, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (7)
Fund
Gross assets
Minimum
Owners
Adviser
Otherwise Rp Spv, L.P.
Delaware, United StatesVenture capital fund
Gross assets$39.4M
MinimumNone set
Owners10
AdviserOtherwise Fund Management, LLC
Otherwise Spv Platform Fund, L.P.
Delaware, United StatesVenture capital fund
Gross assets$37.2M
MinimumNone set
Owners18
AdviserOtherwise Fund Management, LLC
Otherwise Spv Platform II, L.P.
Delaware, United StatesVenture capital fund
Gross assets$15.8M
MinimumNone set
Owners34
AdviserOtherwise Fund Management, LLC
Otherwise Founder Spv, L.P.
Delaware, United StatesVenture capital fund
Gross assets$4.0M
Minimum$20K
Owners69
AdviserOtherwise Fund Management, LLC
Otherwise Spv Platform III, L.P.
Delaware, United StatesVenture capital fund
Gross assets$3.2M
MinimumNone set
Owners18
AdviserOtherwise Fund Management, LLC
OW Va Customer Spv, L.P.
Delaware, United StatesVenture capital fund
Gross assets$1.9M
Minimum$100K
Owners8
AdviserOtherwise Fund Management, LLC
Otherwise Advisor Spv, L.P.
Delaware, United StatesVenture capital fund
Gross assets$712K
MinimumNone set
Owners7
AdviserOtherwise Fund Management, LLC
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures