AUMdb

Hg Capital Management, Llc

SEC-registered Private Fund Manager · Mid-sized ($1B–$10B) CRD 163613 · SEC file 801-120300 · Nashville, TN · WWW.HERITAGEGROUPUSA.COM
☆ Save with Pro ADV data as of Mar 25, 2026
Regulatory AUM
$1.2B
Discretionary
$1.2B
Clients
6
Avg AUM / client
$202M
Accounts
6
Employees
14

AUM over time

$698M $1.2B
Jan 11, 2021 Mar 25, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Mar 25, 2026

Who they serve

Client typeClientsAUM% of AUM
Pooled investment vehicles (non-investment companies) 6 $1.2B 100.0%

Private funds (4)

Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $806M combined gross assets

FundTypeDomicileGross assetsOwners
Heritage Healthcare Innovation Fund Iii, Lp Venture Capital Fund Delaware $417M 69
Heritage Healthcare Innovation Fund Ii, Lp Venture Capital Fund Delaware $334M 37
Heritage Healthcare Innovation Fund, Lp Venture Capital Fund Delaware $38.9M 25
Heritage Group Monogram Holdings, Lp Venture Capital Fund Delaware $15.9M 13

People (6)

NameRole / titleCredentialsWith firm sinceOwnership
Mcclellan, David, Gray Partner Jan 2011 (16y) ≈ 37.5% – 75% via Heritage Group Llc
Morphis, Rock, Anthony Partner Jan 2011 (16y) ≈ 37.5% – 75% via Heritage Group Llc
Young, Jason, Frederick Chief Financial Officer And Chief Compliance Officer Mar 2020 (6y) Less than 5%
Bland, Jesse, Alexander Partner Hg Capital Management Iii, Llc Sep 2020 (6y) 10% – 25%
Grzebien, Lauren, A. Partner Hg Capital Management Iii, Llc Sep 2020 (6y) 10% – 25%
Hunter, Graham, Lambert Partner Hg Capital Management Iii, Llc Sep 2020 (6y) 10% – 25%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Heritage Group Llc Holding Company Jan 2011 A 75% or more

Estimated effective ownership (look-through of filed bands):

  • Mcclellan, David, Gray: 50% – 75% of Heritage Group Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
  • Morphis, Rock, Anthony: 50% – 75% of Heritage Group Llc × 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 (4, $806M gross assets)

FundTypeGross assetsMin. investmentOwners
Heritage Healthcare Innovation Fund Iii, Lp Venture Capital Fund $417M $1.0M 69
Heritage Healthcare Innovation Fund Ii, Lp Venture Capital Fund $334M $1.0M 37
Heritage Healthcare Innovation Fund, Lp Venture Capital Fund $38.9M $1.0M 25
Heritage Group Monogram Holdings, Lp Venture Capital Fund $15.9M $10.0K 13

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 03/25/2026 2.56 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 25, 2026.

View current Form ADV (SEC/IAPD) ↗