The Westly Group
Westly Capital Management, LLC
Menlo Park, CA WWW.WESTLYGROUP.COM Exempt reporting adviser
The Westly Group reports 3 venture funds on Form ADV among 3 private funds, with $33M in gross private fund assets.
The numbers
| Began raising | Raised |
|---|---|
| 2008 | $92M |
| 2020 | $297M |
| 2022 | $100M |
Updates from The Westly Group
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 |
|---|---|---|---|---|---|
| Westly Capital Partners Fund V, L.P. | 2026 | $500M | — | — | May 21, 2026 |
| Westly Seed Fund I, L.P. | 2022 | $100M | $100M | 20 | June 27, 2024 |
| Westly Capital Partners Affiliates Fund IV, L.P. | 2021 | $3M | — | — | November 24, 2021 |
| Westly Capital Partners Fund IV, L.P. | 2020 | $297M | $297M | 50 | January 14, 2022 |
| Westly Capital Partners Affiliates Fund III, L.P. | 2016 | $25M | — | — | August 23, 2016 |
| Westly Capital Partners Fund III, L.P. | 2016 | $150M | — | — | August 23, 2016 |
| Westly Capital Partners Affiliates Fund II, L.P. | 2010 | $12M | — | — | December 30, 2010 |
| Westly Capital Partners Fund II, L.P. | 2010 | $175M | — | — | December 30, 2010 |
| Westly Capital Partners Fund LP | 2008 | $92M | $92M | 46 | September 30, 2009 |
LPs on the record
1 private foundation lists on their latest IRS Form 990-PF, and 1 other LP reports holding The Westly Group’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
- Westly Capital Management, LLC
- Status
- Exempt reporting adviser since March 30, 2012
- CRD number
- 161882
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.