Operator Collective Management, L.L.C.
Palo Alto, CA operatorcollective.com Exempt reporting adviser
Operator Collective Management, L.L.C. reports 10 venture funds on Form ADV among 10 private funds, with $339M in gross private fund assets.
Updates from Operator Collective Management, L.L.C.
All of Operator Collective Management, L.L.C.’s updates on Hottub VC
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 |
|---|---|---|---|---|---|
| Operator Collective Activate Fund, L.P. | 2025 | $50M | — | — | October 8, 2025 |
| Operator Collective Fund III - Q, L.P. | 2025 | $125M | — | — | February 4, 2025 |
| Operator Collective Fund III, L.P. | 2025 | $15M | — | — | February 4, 2025 |
| Operator Collective Capital III, L.P. | 2024 | $5.2M | — | — | June 18, 2024 |
| Operator Collective Fund II, L.P. | 2021 | $10M | — | — | September 23, 2021 |
| Operator Collective Fund II-Q, L.P. | 2021 | $90M | — | — | September 23, 2021 |
| Operator Collective Fund - Q, L.P. | 2019 | $30M | — | — | December 9, 2019 |
| Operator Collective Fund, L.P. | 2019 | $30M | — | — | May 3, 2019 |
LPs on the record
3 private foundations list on their latest IRS Form 990-PF Operator Collective Management, L.L.C.’s funds.
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
- Operator Collective Management, L.L.C.
- Status
- Exempt reporting adviser since July 5, 2019
- CRD number
- 304960
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.