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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 100m 1b

AVEGO MANAGEMENT, LLC

CRD 310520

ALPHARETTA, GA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bb9a1f78-445d-0da8-6018-2e738aa25352

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:17 AM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 7
On other graphs: 3
Observed: Dec 16, 2020 to Mar 31, 2026
13 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Venture Capitalidentity

Avego Management, LLC

Venture manager · shared crd

Independent Sponsorsidentity

Avego Management, LLC

Capital provider to sponsors · shared crd

Private Equityidentity

Avego Management, LLC

Private equity manager · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0
Regulatory AUM: $918MItem 5.F on the latest filing (2026-03-31); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $918M
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 16
Advisory employees: 12
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 9
Private funds: 7Schedule D 7.B(1)
Custody, client assets: $722M
Relying advisers: 1
SEC number: 801-120171
CRD: 310520
Filings on the tape: 13
First filed: Dec 16, 2020
Latest filed: Mar 31, 2026
Organised: Limited Liability Company, DE

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
AVEGO HEALTHCARE CAPITAL FUND II, L.P.	Private Equity Fund	$286M	Oct 25, 2024	33	Mar 31, 2023	reported	021-461562
AVEGO HEALTHCARE CAPITAL, L.P.	Private Equity Fund	$273M	Oct 25, 2024	5	Dec 16, 2020	reported	021-381818
VELAN CAPITAL MASTER FUND LP	Hedge Fund	$178M	Oct 25, 2024	13	Mar 31, 2023	reported	021-381810
VELAN CAPITAL PARTNERS LP	Hedge Fund	$144M	Feb 7, 2024	10	Dec 16, 2020	reported	021-381810
AVEGO BIOSCIENCE CAPITAL, L.P.	Venture Capital Fund	$91.7M	Oct 25, 2024	19	Mar 31, 2022	reported	021-437251
VELAN CAPITAL SPV I LLC	Hedge Fund	$18.1M	Oct 25, 2024	37	Mar 28, 2024	reported	021-484828
AHC-II AGR PARTNERS, L.P	Private Equity Fund	$14.5M	Oct 25, 2024	5	Mar 28, 2024	reported	021-481590
VELAN CAPITAL OFFSHORE FUND LTD.	Hedge Fund	$0	Feb 7, 2024	1	Mar 31, 2023	reported	021-381810

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
FLEXNER, JAMES, MONCURE	PARTNER, MEMBER	C	yes	06/2020	Dec 16, 2020	Oct 25, 2024
ROMANO, ALYSSA, ARDEN	CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER	Na	yes	07/2023	Jul 21, 2023	Oct 25, 2024
VANDERVORT, THOMAS, RICHARD	PARTNER, MEMBER	C	yes	06/2020	Dec 16, 2020	Oct 25, 2024
VENKATARAMAN, BALAJI, NMN	PARTNER, MANAGING MEMBER	C	yes	06/2020	Dec 16, 2020	Oct 25, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
AVEGO BIOSCIENCE CAPITAL GP, LLC	n/a	n/a	n/a	N	yes	n/a
AVEGO HEALTHCARE CAPITAL GP II, LLC	n/a	n/a	n/a	N	yes	n/a
AVEGO HEALTHCARE CAPITAL HOLDINGS, LLC	n/a	n/a	n/a	N	yes	n/a
VELAN CAPITAL HOLDINGS LLC	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
NEW YORK	NY	United States	10	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 5 of 6

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 31, 2026	$918M	$918M	16	12	1	7	n/a
2024	Mar 28, 2025	$1.0B	$1.0B	19	14	1	6	n/a
2023	Mar 28, 2024	$861M	$861M	17	13	1	6	$861M
2022	Mar 31, 2023	$636M	$636M	14	10	1	6	$590M
2021	Mar 31, 2022	$430M	$430M	12	11	1	3	$395M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$918M	$1.0B	-10.0%	$636M	13.0%	16	19	1	1

Relationships

Advises (8)

→ AVEGO BIOSCIENCE CAPITAL, L.P.Private fundVenture Capital Fund, IA
Mar 31, 2022 to presentfactForm ADV
→ VELAN CAPITAL SPV I LLCPrivate fundHedge Fund, IA
Mar 28, 2024 to presentfactForm ADV
→ AHC-II AGR PARTNERS, L.PPrivate fundPrivate Equity Fund, IA
Mar 28, 2024 to presentfactForm ADV
→ VELAN CAPITAL MASTER FUND LPPrivate fundHedge Fund, IA
Mar 31, 2023 to presentfactForm ADV
→ AVEGO HEALTHCARE CAPITAL, L.P.Private fundPrivate Equity Fund, IA
Dec 16, 2020 to presentfactForm ADV
→ AVEGO HEALTHCARE CAPITAL FUND II, L.P.Private fundPrivate Equity Fund, IA
Mar 31, 2023 to presentfactForm ADV
→ VELAN CAPITAL OFFSHORE FUND LTD.Private fundHedge Fund, IA
Mar 31, 2023 to presentfactForm ADV
→ VELAN CAPITAL PARTNERS LPPrivate fundHedge Fund, IA
Dec 16, 2020 to presentfactForm ADV

Controls (4)

← ROMANO, ALYSSA, ARDENOwnerCHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER, ownership code NA, individual
Jul 21, 2023 to Oct 25, 2024factForm ADV
← VANDERVORT, THOMAS, RICHARDOwnerPARTNER, MEMBER, ownership code C, individual
Dec 16, 2020 to Oct 25, 2024factForm ADV
← FLEXNER, JAMES, MONCUREOwnerPARTNER, MEMBER, ownership code C, individual
Dec 16, 2020 to Oct 25, 2024factForm ADV
← VENKATARAMAN, BALAJI, NMNOwnerPARTNER, MANAGING MEMBER, ownership code C, individual
Dec 16, 2020 to Oct 25, 2024factForm ADV

Dated events

Occurred
Mar 28, 2024
Regulatory AUM changed
Avego Management, Llc reported RAUM $861.1M, up 35% from $635.9M (2024-02-07 to 2024-03-28)
Form ADVobserved 5 days ago
$225M
Occurred
Jul 21, 2023
Control person left
Robert James Zenker (Chief Compliance Officer, Chief Financial Officer) no longer on Schedule A of Avego Management, Llc (listed 2023-03-31, absent 2023-07-21)
Form ADVobserved 5 days ago
Occurred
Jul 21, 2023
Control person joined
Arden Alyssa Romano (Chief Compliance Officer And Chief Financial Officer) appeared on Schedule A of Avego Management, Llc
Form ADVobserved 5 days ago
Occurred
Mar 31, 2023
Regulatory AUM changed
Avego Management, Llc reported RAUM $635.9M, up 48% from $429.9M (2022-04-20 to 2023-03-31)
Form ADVobserved 5 days ago
$206M
Occurred
Mar 31, 2022
Regulatory AUM changed
Avego Management, Llc reported RAUM $429.9M, up 63% from $263.4M (2021-04-15 to 2022-03-31)
Form ADVobserved 5 days ago
$167M
Occurred
Apr 5, 2021
Control person joined
James Zenker (Chief Compliance Officer) appeared on Schedule A of Avego Management, Llc
Form ADVobserved 5 days ago
Occurred
Dec 16, 2020
First Form ADV filing
Avego Management, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:bb9a1f78-445d-0da8-6018-2e738aa25352
First observed: Dec 16, 2020
Last observed: Mar 31, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

AVEGO MANAGEMENT, LLC

CRD 310520

ALPHARETTA, GA

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bb9a1f78-445d-0da8-6018-2e738aa25352

Data as of Mar 31, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 4:17 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

AVEGO HEALTHCARE CAPITAL FUND II, L.P.

Private Equity Fund

$286M

Oct 25, 2024

Mar 31, 2023

reported

021-461562

AVEGO HEALTHCARE CAPITAL, L.P.

Private Equity Fund

$273M

Oct 25, 2024

Dec 16, 2020

reported

021-381818

VELAN CAPITAL MASTER FUND LP

Hedge Fund

$178M

Oct 25, 2024

Mar 31, 2023

reported

021-381810

VELAN CAPITAL PARTNERS LP

Hedge Fund

$144M

Feb 7, 2024

Dec 16, 2020

reported

021-381810

AVEGO BIOSCIENCE CAPITAL, L.P.

Venture Capital Fund

$91.7M

Oct 25, 2024

Mar 31, 2022

reported

021-437251

VELAN CAPITAL SPV I LLC

Hedge Fund

$18.1M

Oct 25, 2024

Mar 28, 2024

reported

021-484828

AHC-II AGR PARTNERS, L.P

Private Equity Fund

$14.5M

Oct 25, 2024

Mar 28, 2024

reported

021-481590

VELAN CAPITAL OFFSHORE FUND LTD.

Hedge Fund

Feb 7, 2024

Mar 31, 2023

reported

021-381810

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

FLEXNER, JAMES, MONCURE

PARTNER, MEMBER

yes

06/2020

Dec 16, 2020

Oct 25, 2024

ROMANO, ALYSSA, ARDEN

CHIEF COMPLIANCE OFFICER AND CHIEF FINANCIAL OFFICER

yes

07/2023

Jul 21, 2023

Oct 25, 2024

VANDERVORT, THOMAS, RICHARD

PARTNER, MEMBER

yes

06/2020

Dec 16, 2020

Oct 25, 2024

VENKATARAMAN, BALAJI, NMN

PARTNER, MANAGING MEMBER

yes

06/2020

Dec 16, 2020

Oct 25, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

AVEGO BIOSCIENCE CAPITAL GP, LLC

n/a

yes

n/a

AVEGO HEALTHCARE CAPITAL GP II, LLC

n/a

yes

n/a

AVEGO HEALTHCARE CAPITAL HOLDINGS, LLC

n/a

yes

n/a

VELAN CAPITAL HOLDINGS LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

NEW YORK

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 31, 2026

$918M

n/a

2024

Mar 28, 2025

$1.0B

n/a

2023

Mar 28, 2024

$861M

2022

Mar 31, 2023

$636M

$590M

2021

Mar 31, 2022

$430M

$395M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$918M

$1.0B

-10.0%

$636M

13.0%