Act One Ventures Management, L.L.C.

actoneventures.com Exempt reporting adviser

Emerging manager

Act One Ventures Management, L.L.C. reports 8 venture funds on Form ADV among 8 private funds, with $144M in gross private fund assets.

Find LPs that back firms like this Claim this page

Venture funds8of 8 private funds

Private fund assets$144MGross, Form ADV, September 2026

Funds on Form D3$96M reported raised

LPs on the record2Foundations and public plans

Reported raised, by the year each fund began raising

The numbers

Began raising	Raised
2018	$23M
2021	$73M

Funds on Form D

Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.

Fund	Began raising	Target	Raised	Investors	Latest filing
Act One Ventures III, L.P.	2021	$73M	$73M	82	December 15, 2023
Act One Ventures II, L.P.	2018	$23M	$23M	71	November 14, 2019
Act One Ventures, L.P.	2016	$20M	—	—	February 29, 2016

LPs on the record

2 private foundations list on their latest IRS Form 990-PF Act One Ventures Management, L.L.C.’s funds.

The Lowell Milken Family Foundation Private foundation · 3 funds
Wolfen Family Foundation Private foundation · 1 fund

Find LPs that back firms like this one in Hottub’s LP Intelligence: ranked by overlap, with what each holds and how to reach it.

Registration

Legal name: Act One Ventures Management, L.L.C.
Status: Exempt reporting adviser since January 26, 2022
CRD number: 283875

Full Form ADV on the SEC’s Investment Adviser Public Disclosure site

About this data

Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.