Hcg Fund Management Lp
- Regulatory AUM
- $347M
- Discretionary
- $298M
- Clients
- 15
- Avg AUM / client
- $23.2M
- Accounts
- 15
- Employees
- 11
AUM over time
Annual snapshots from Form ADV filings · as of Mar 27, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 15 | $347M | 100.0% |
Private funds (6)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $694M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Hcg Digital Finance Lp master | Hedge Fund | Delaware | $587M | 58 |
| Hcg Finance Dac | Other Private Fund | Ireland | $83.1M | 4 |
| Hcg Digital Ventures Ii, Lp master | Venture Capital Fund | Delaware | $13.5M | 50 |
| Hcg Digital Ventures, Lp master | Venture Capital Fund | Delaware | $9.4M | 33 |
| Hcg Flex Coinvest C Llc | Venture Capital Fund | Delaware | $1.4M | 15 |
| Hcg Point Coinvest B Llc | Venture Capital Fund | Delaware | $169K | 7 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Habal, Hadi, Fred | Principal | Nov 2014 (12y) | ≈ 18.75% – 50% via Jenesem Llc | |
| Penabad, Jose, Novel | Principal | Nov 2014 (12y) | 75% or more of Mij Analytics (indirect) | |
| Heaney, Gretta, Jane | Chief Compliance Officer | Apr 2018 (8y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Jenesem Llc | Limited Partner | Jan 2015 | A | 25% – 50% |
| Mij Analytics, Llc | Limited Partner | Jan 2015 | A | 25% – 50% |
| Hcg Funds Llc | General Partner | Jan 2015 | A | Less than 5% |
| Jenesem Llc | Member | Jan 2015 | B | ≈ 0% – 2.5% via Hcg Funds Llc |
| Mij Analytics, Llc | Member | Jan 2015 | B | ≈ 0% – 2.5% via Hcg Funds Llc |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Habal, Hadi, Fred: 75% – 100% of Jenesem Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Jenesem Llc: 25% – 50% of Hcg Funds Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Mij Analytics, Llc: 25% – 50% of Hcg Funds Llc × 0% – 5% direct ≈ 0% – 2.5% 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 (6, $694M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Hcg Digital Finance Lp | Hedge Fund | $587M | $1.0M | 58 |
| Hcg Finance Dac | Other Private Fund | $83.1M | $250K | 4 |
| Hcg Digital Ventures Ii, Lp | Venture Capital Fund | $13.5M | $250K | 50 |
| Hcg Digital Ventures, Lp | Venture Capital Fund | $9.4M | $250K | 33 |
| Hcg Flex Coinvest C Llc | Venture Capital Fund | $1.4M | $5.0K | 15 |
| Hcg Point Coinvest B Llc | Venture Capital Fund | $169K | $0 | 7 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/27/2026 | 3.22 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
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Millennium Trust Company, Llc $15.3M (2% of AUM) Mar 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 27, 2026.
View current Form ADV (SEC/IAPD) ↗