A16 Z Capital Management, L.L.C.
- Regulatory AUM
- $106B
- Discretionary
- $106B
- Clients
- 119
- Avg AUM / client
- $895M
- Accounts
- 119
- Employees
- 738
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 119 | $106B | 100.0% |
Private funds (87)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $56.0B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Andreessen Horowitz Lsv Fund Iii, L.P. | Venture Capital Fund | Delaware | $4.7B | 285 |
| Cnk Fund Iv, L.P. | Private Equity Fund | Delaware | $3.8B | 230 |
| Andreessen Horowitz Fund Iii, L.P. | Venture Capital Fund | Delaware | $3.5B | 103 |
| Andreessen Horowitz Lsv Fund I, L.P. | Venture Capital Fund | Delaware | $3.4B | 170 |
| Andreessen Horowitz Fund Iv, L.P. | Venture Capital Fund | Delaware | $3.4B | 107 |
| Andreessen Horowitz Fund Vi, L.P. | Venture Capital Fund | Delaware | $3.1B | 130 |
| Andreessen Horowitz Fund V, L.P. | Venture Capital Fund | Delaware | $3.1B | 100 |
| Andreessen Horowitz Lsv Fund Ii, L.P. | Venture Capital Fund | Delaware | $2.8B | 185 |
| Cnk Fund Iii, L.P. | Private Equity Fund | Delaware | $2.6B | 141 |
| Cnk Fund Ii, L.P. | Private Equity Fund | Delaware | $2.6B | 69 |
| Andreessen Horowitz Fund Viii, L.P. | Venture Capital Fund | Delaware | $2.5B | 249 |
| Ah Parallel Fund V, L.P. | Venture Capital Fund | Delaware | $2.0B | 99 |
| Andreessen Horowitz Fund Vii, L.P. | Venture Capital Fund | Delaware | $1.8B | 155 |
| Ah Bio Fund Iv, L.P. | Venture Capital Fund | Delaware | $1.5B | 150 |
| Ah 2022 Annual Fund, L.P. | Venture Capital Fund | Delaware | $1.5B | 156 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Dana Farber Inc EIN 043102433 | Boston, MA | 09/30/2024 |
| Howard Hughes Medical Institute EIN 590735717 | Chevy Chase, MD | 08/31/2024 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hathaway, Philip, Bernard | Chief Operating Officer | Jan 2022 (5y) | Less than 5% | |
| Ramaswamy, Jaikumar | Chief Legal Officer | Feb 2022 (5y) | Less than 5% | |
| Walker, Robert, Scott Thomas | Chief Compliance Officer | May 2022 (4y) | Less than 5% | |
| Andreessen, Marc, Lowell | Member | Sep 2022 (4y) | ≈ 37.5% – 75% via A16 Z Holdings, L.L.C. | |
| Horowitz, Benjamin, Abraham | Member | Sep 2022 (4y) | ≈ 37.5% – 75% via A16 Z Holdings, L.L.C. |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| A16 Z Holdings, L.L.C. | Managing Member | Sep 2022 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Andreessen, Marc, Lowell: 50% – 75% of A16 Z Holdings, L.L.C. × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Horowitz, Benjamin, Abraham: 50% – 75% of A16 Z Holdings, L.L.C. × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (87, $56.0B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Andreessen Horowitz Lsv Fund Iii, L.P. | Venture Capital Fund | $4.7B | $0 | 285 |
| Cnk Fund Iv, L.P. | Private Equity Fund | $3.8B | $0 | 230 |
| Andreessen Horowitz Fund Iii, L.P. | Venture Capital Fund | $3.5B | $0 | 103 |
| Andreessen Horowitz Lsv Fund I, L.P. | Venture Capital Fund | $3.4B | $0 | 170 |
| Andreessen Horowitz Fund Iv, L.P. | Venture Capital Fund | $3.4B | $0 | 107 |
| Andreessen Horowitz Fund Vi, L.P. | Venture Capital Fund | $3.1B | $0 | 130 |
| Andreessen Horowitz Fund V, L.P. | Venture Capital Fund | $3.1B | $0 | 100 |
| Andreessen Horowitz Lsv Fund Ii, L.P. | Venture Capital Fund | $2.8B | $0 | 185 |
| Cnk Fund Iii, L.P. | Private Equity Fund | $2.6B | $0 | 141 |
| Cnk Fund Ii, L.P. | Private Equity Fund | $2.6B | $0 | 69 |
| Andreessen Horowitz Fund Viii, L.P. | Venture Capital Fund | $2.5B | $0 | 249 |
| Ah Parallel Fund V, L.P. | Venture Capital Fund | $2.0B | $0 | 99 |
| Andreessen Horowitz Fund Vii, L.P. | Venture Capital Fund | $1.8B | $0 | 155 |
| Ah Bio Fund Iv, L.P. | Venture Capital Fund | $1.5B | $0 | 150 |
| Ah 2022 Annual Fund, L.P. | Venture Capital Fund | $1.5B | $0 | 156 |
| Cnk Seed Fund I, L.P. | Private Equity Fund | $1.5B | $0 | 224 |
| Ah Parallel Fund Iv, L.P. | Venture Capital Fund | $1.4B | $0 | 106 |
| Cnk Fund I, L.P. | Private Equity Fund | $1.0B | $0 | 67 |
| Ah Bio Fund Iii, L.P. | Venture Capital Fund | $1.0B | $0 | 95 |
| Ah Bio Fund Ii, L.P. | Venture Capital Fund | $966M | $0 | 83 |
| Ah Games Fund I, L.P. | Venture Capital Fund | $582M | $0 | 105 |
| Ah Parallel Fund Iii, L.P. | Venture Capital Fund | $510M | $0 | 99 |
| Andreessen Horowitz Fund V Q, L.P. | Venture Capital Fund | $457M | $0 | 126 |
| Andreessen Horowitz Fund Iv Q, L.P. | Venture Capital Fund | $439M | $0 | 110 |
| Andreessen Horowitz Seed Fund I, L.P. | Venture Capital Fund | $418M | $0 | 123 |
Top 25 of 87 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Foundations & charities (2)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Dana Farber Inc | Public charity | $3.1B | 09/30/2024 |
| Howard Hughes Medical Institute | Public charity | $27.3B | 08/31/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 26.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗