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 / MIG Capital, LLC
MIG Capital, LLC
Private equity with venture activity · probableNewport Beach, CAmigcap.comSEC registered investment adviser
MIG Capital is a Newport Beach, CA based alternative investment firm offering both fundamental and quantitative investment strategies. MIG combines the investment team
registered adviser; venture funds are 9% of 2 private funds
Importance
24
moderate
Active deployment
0
low
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
5
low
Identity and regulatory footprint
- Headquarters
- Newport Beach, CAadviserinfo.sec.gov
- Office address
- 660 NEWPORT CENTER DRIVE, SUITE 1300, Newport Beach, CA, 92660adviserinfo.sec.gov
- Business phone
- 949-474-5800adviserinfo.sec.gov
- Website
- HTTPS://WWW.MIGCAP.COM
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 19, 2024
- Private funds reported
- 2 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $1.2Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
- Owners on Schedule A
- Paul Merage Gst 02 Trust (Member), C; E-Richard Merage Gst 09 Trust (Member), D; L-Greg Merage Gst 09 Trust (Member), B; Falcon 2005 Management Trust (Member), NA
- business email
- info@migcap.commigcap.compublished by the subject
- business email
- ir@migcap.commigcap.compublished by the subject
- business phone
- 949-474-5800adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- united states
- 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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
1 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| MIG Capital Vc Fund, L.P. | Fund | 2020 adv first reported | Mature | $0 Mar 19, 2024 | 1 | unknown | unknown |
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
6 current, 4 departed
Gregory Verley Merage
Board or advisoryTrustee · since Sep 1, 2009
Paul Merage
Board or advisoryManager; Trustee Of The Falcon 2005 Management Trust And The Paul Merage Gst 02 Trust · since Aug 1, 2003
Richard Paul Merage
Board or advisoryTrustee · since Sep 1, 2009
Richard Merage
PartnerCEO/CIO
Josh Andrew Lewis
Platform and operationsChief Financial Officer · since Jan 1, 2024
Ryan Michael Tyler
Platform and operationsChief Compliance Officer And Chief Operating Officer · since May 1, 2022
4 departed (kept with end dates)
- Allison Naomi Moriya · Controller · May 1, 2006 to Mar 28, 2014 Inference
- Jeffrey Scott Andrews · Chief Operating Officer And Chief Compliance Officer · Feb 1, 2012 to Mar 29, 2019 Inference
- Peter K Ashby · Chief Operating Officer And Chief Compliance Officer · Mar 1, 2019 to May 17, 2022 Inference
- Peter Woong Choe · Controller · Feb 1, 2014 to Mar 30, 2021 Inference
Investments on record
0 edges, 0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.
Co-investors
0 relationships from shared deals, counted for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
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
11 dated events
- Jan 1, 2024Josh Andrew Lewis joined Schedule A of MIG Capital, LLC as Chief Financial Officer
- May 17, 2022Peter K Ashby (Chief Operating Officer And Chief Compliance Officer) no longer on Schedule A of MIG Capital, LLC
- May 1, 2022Ryan Michael Tyler joined Schedule A of MIG Capital, LLC as Chief Compliance Officer And Chief Operating Officer
- Mar 30, 2021Peter Woong Choe (Controller) no longer on Schedule A of MIG Capital, LLC
- Feb 27, 2020MIG Capital Vc Fund, L.P. first reported on Form ADV by MIG Capital, LLC (Venture Capital Fund), GAV $5,499,996Fund first reported on Form ADVFundsFactMIG Capital Vc Fund, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2019Jeffrey Scott Andrews (Chief Operating Officer And Chief Compliance Officer) no longer on Schedule A of MIG Capital, LLC
- Mar 1, 2019Peter K Ashby joined Schedule A of MIG Capital, LLC as Chief Operating Officer And Chief Compliance Officer
- Mar 28, 2014Allison Naomi Moriya (Controller) no longer on Schedule A of MIG Capital, LLC
- Feb 1, 2014Peter Woong Choe joined Schedule A of MIG Capital, LLC as Controller
- Feb 14, 2012MIG Absolute Return, LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- May 1, 2006Allison Naomi Moriya joined Schedule A of MIG Absolute Return, LLC as Controller
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 9% of 2 private funds
Evidence
43 observations from 2 sources