DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Scenic Management LLC
Scenic Management LLC
Pre-IPO growth equities & direct venture secondaries. Diversified exposure to highly performing businesses at exceptional valuations for sophisticated investors.
corporate parent: Scenic Advisement, Inc.
Importance
23
moderate
Active deployment
33
moderate
Emerging
0
low
Completeness
69
high
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 915 BATTERY STREET, FIRST FLOOR, San Francisco, CA, 94111adviserinfo.sec.gov
- Business phone
- 415-844-0646adviserinfo.sec.gov
- Website
- https://scenicmanagement.co/
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Jul 30, 2026
- Private funds reported
- 6 (5 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $145Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $145Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 4
- Owners on Schedule A
- Scenic Advisement, Inc. (Owner), E
- business phone
- 415-844-0646adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- growth
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate n/afollow-on rate n/anew logos, 12 months 2
Funds and vehicles
6 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Scenic Co-Invest Anthropic LLC | SPV or co-invest vehicle | 2024 form d first sale | Early deployment | $10.4M Sep 12, 2026 | 17 | $2.3M of $2.3M | Jun 12, 2024 |
| Scenic Private Access Fund I, LP | Fund | 2022 form d first sale | Active deployment | $31.6M Sep 12, 2026 | 30 | $18.2M of $250M | Jun 16, 2023 |
| Scenic Co-Invest Midnight Ride, LP | SPV or co-invest vehicle | unknown | Unknown | $57.3M Sep 12, 2026 | 3 | $0 | Jan 6, 2025 |
| Scenic Private Access Fund II LP | Fund | unknown | Fundraising | $43.6M Sep 12, 2026 | 56 | $0 | Oct 24, 2025 |
| Scenic Co-Invest Strava LLC | SPV or co-invest vehicle | unknown | Unknown | $1.6M Sep 12, 2026 | 7 | $0 | Dec 5, 2024 |
| Scenic Co-Invest Coreweave, LLC | SPV or co-invest vehicle | unknown | Unknown | $1,998 Sep 12, 2026 | 7 | $0 | Dec 5, 2024 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
5 current, 0 departed
Barrett Cohn
Founder or executiveCEO & Co-Founder
Michael Philip Sobel
Founder or executivePresident · since Jul 1, 2021
Peter Putnam Christiansen
PartnerChief Investment Officer · since Jul 1, 2021
Constantine Andrew Pelos
Platform and operationsChief Compliance Officer · since Jul 1, 2021
Kathleen Elizabeth Boord
Platform and operationsChief Operating Officer · since Aug 1, 2024
Investments on record
2 edges, 1 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Anthropic | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
| Anthropic | portfolio listing | unknown | unknown | unknown | unknown | Sep 12, 2026 | Fact Venture organization websites (about, team, portfolio, thesis, news pages) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
22 relationships from shared deals, counted for the whole firm
Index Ventures Sa 1 shared · one timeA.capital Ventures 1 shared · one timeInterplay Ventures Early Stage Management LLC 1 shared · one timeRegalis Solutions LLC 1 shared · one timeSoma Capital Management LLC 1 shared · one timeMenlo Ventures 1 shared · one timeArtisanal Ventures, LLC 1 shared · one timePoint Nine 1 shared · one timePA Capital Management LLC 1 shared · one timeOpulentia Ventures M LLC 1 shared · one timeManhattan West Asset Management, LLC 1 shared · one timeMyasia Vc 1 shared · one timeAccess Ventures 1 shared · one timeCross Creek Advisors, LLC 1 shared · one timeMastry 1 shared · one timeAlkeon Capital Management, LLC 1 shared · one timeCoatue Management, L.L.C. 1 shared · one timeFactorial Funds Management LLC 1 shared · one timeAccel 1 shared · one timeInstitutional Venture 1 shared · one timeG Squared Equity LLC 1 shared · one timeAvenir Management Company, LLC 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Sep 12, 2026Scenic Management LLC: INSTITUTIONAL_VC -> CORPORATE_VENTURE (corporate parent: Scenic Advisement, Inc.)Classification changedClassificationInferenceno URL
- Sep 12, 2026Scenic Private Access Fund II LP first reported on Form ADV by Scenic Management LLC, GAV $43,646,895Fund first reported on Form ADVFundsFactScenic Private Access Fund II LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Scenic Private Access Fund I, LP first reported on Form ADV by Scenic Management LLC, GAV $31,569,888Fund first reported on Form ADVFundsFactScenic Private Access Fund I, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Sep 12, 2026Scenic Co-Invest Midnight Ride, LP first reported on Form ADV by Scenic Management LLC, GAV $57,333,990Fund first reported on Form ADVFundsFactScenic Co-Invest Midnight Ride, LPIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Jun 18, 2026Scenic Management LLC appears on the SEC adviser roster (RIA)First SEC adviser filingOrganizationFactSEC Form ADV monthly roster (registered + exempt reporting advisers)
Classification history
- Sep 13, 2026Corporate venture (probable, 80%, cls-1)corporate parent: Scenic Advisement, Inc.
- Sep 12, 2026Institutional venture firm (probable, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
Evidence
27 observations from 3 sources