Hercules Adviser Llc
- Regulatory AUM
- $1.6B
- Discretionary
- $795M
- Clients
- 5
- Avg AUM / client
- $312M
- Accounts
- 5
- Employees
- 3
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $1.6B | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Hercules Private Credit Fund 1, L.P. | Hedge Fund | Delaware | $537M | 2 |
| Hercules Private Global Venture Growth Fund I L.P. | Hedge Fund | Delaware | $442M | 10 |
| Hercules Venture Growth Credit Opportunities Fund 1 L.P. | Hedge Fund | Delaware | $102M | 1 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Bluestein, Scott | Chief Executive Officer; Sole Manager | May 2020 (6y) | Less than 5% | |
| Meyer, Seth, Hardy | Chief Financial Officer | May 2020 (6y) | Less than 5% | |
| Botelho, Kiersten, Zaza | Chief Compliance Officer | Apr 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Hercules Capital Management Llc | Sole Member | May 2020 | A | 75% or more |
| Hercules Capital, Inc. | Sole Member | Jun 2020 | B | ≈ 56.25% – 100% via Hercules Capital Management Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Hercules Capital, Inc.: 75% – 100% of Hercules Capital Management Llc × 75% – 100% direct ≈ 56.25% – 100% 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 (3, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Hercules Private Credit Fund 1, L.P. | Hedge Fund | $537M | $0 | 2 |
| Hercules Private Global Venture Growth Fund I L.P. | Hedge Fund | $442M | $0 | 10 |
| Hercules Venture Growth Credit Opportunities Fund 1 L.P. | Hedge Fund | $102M | $0 | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.19 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 it does not have 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗