Vr Adviser, LLC (New York)


Vr Adviser, LLC is a large advisory firm based in New York. It manages $809.19 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and New York.

Vr Adviser provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Vr Adviser: assets under management

The assets under management (AUM) of Vr Adviser, LLC is $809.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 70% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $809.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $134.87 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Vr Adviser, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Vr Adviser serves?

The only and largest group of clients of Vr Adviser is pooled investment vehicles with 6 clients and $809.19 million of assets under management. Among the 9 most similar advisory firms, Vr Adviser has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $809.19 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Vr Adviser also advises several private funds. Namely, six private equity funds.

Careers at Vr Adviser, LLC

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Anders Dahlgaard Hove Member of vhcp management, llc 1 Oct 2008 25% - 50% 6041886
Anthony Basil Evnin Member of vhcp management, llc 1 Oct 2008 Other 6039604
Bryan Edward Roberts Member of vhcp management, llc 1 Oct 2008 Other 6041889
Lisa Denise Harris Cfo of vr adviser, llc 1 Mar 2014 Other 6041900
David Lawrence Stepp Cco and clo of vr adviser, llc, vhcp management, llc, and vhcp management ii, llc 1 Mar 2014 Other 6041893
Anders D. Hove Member 1 Mar 2014 75% - 100% 6041886
Lisa D. Harris Cfo 1 Mar 2014 Other 6041900
David L. Stepp Cco and clo 1 Mar 2014 Other 6041893
Anders Dahlgaard Hove Manager of vr adviser, llc 1 Jul 2014 Other 6041886
Llc Vr Management Member of vr adviser, llc 1 Jul 2014 75% - 100% 26-0619498
Llc Vr Adviser Manager of vhcp management, llc 1 Jul 2014 Other 169288
Bong Young Koh Member of vhcp management ii, llc 1 Jul 2014 25% - 50% 5843717
Llc Vr Capital Series Vhcp Member of vhcp management, llc 1 Sep 2014 Other 61-1747079
Llc Vr Capital Series Vhcp Ii Member of vhcp management ii, llc 1 Sep 2014 Other 61-1747079
Nimish Prakash Shah Director of vhcp management, llc 1 May 2016 Other 5417089
Bong Young Koh Manager of vr adviser, llc 1 Jul 2016 Other 5843717
Llc Vr Capital Ii Series Vhcp Ii Member of vhcp management ii, llc 1 Jul 2016 Other 81-3421038

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Anders Dahlgaard Hove Member 1 Jul 2007 25% - 50% 6041886
Bryan Edward Roberts Member 1 Jul 2007 25% - 50% 6041889
Michael Frederick Tyrrell Member 1 Jul 2007 25% - 50% 6041891
Brian David Ascher Member 1 Jul 2007 25% - 50% 2519793
Anders D. Hove Member 1 Jul 2007 25% - 50% 6041886
Bryan E. Roberts Member 1 Jul 2007 25% - 50% 6041889
Michael F. Tyrrell Member 1 Jul 2007 25% - 50% 6041891
Brian D. Ascher Member 1 Jul 2007 25% - 50% 2519793
Anders Dahlgaard Hove Member 1 Sep 2014 25% - 50% 6041886
Bryan Edward Roberts Member 1 Sep 2014 25% - 50% 6041889
Michael Frederick Tyrrell Member 1 Sep 2014 Other 6041891
Brian David Ascher Member 1 Sep 2014 25% - 50% 2519793
Brian David Ascher Member 1 Jul 2016 25% - 50% 2519793
Bryan Edward Roberts Member 1 Jul 2016 25% - 50% 6041889

Based in New York

The principal office where Vr Adviser, LLC performs its advisory services is located at 7 Bryant Park, New York, NY 10018, which is also the mailing address of the firm. An additional office of the firm is in Palo Alto, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-444-4100 or by fax 212-444-4101. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at venrockcp.com/.