Investment adviser · CRD 340899

IMPATIENT VENTURES MANAGEMENT, LLC

Exempt reporting adviser (ERA)

Exempt reporting advisers use a shorter Form ADV report. Some adviser-level figures are not reported; fund disclosures appear below when available.

· Form ADV filed Feb 12, 2026

Adviser-level assets, account counts and staffing figures are unavailable in this filing. View the reported fund disclosures below →

Private funds & service providers

7 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

SCHNITZEL CAPITAL OATS SPV, LLCVenture Capital Fund · Last reported Feb 12, 2026$3.99MGross asset value
Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-8873287150
Reported beneficial owners
43
Minimum commitment
$1K
Form D file number
021-465426

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SCHNITZEL CAPITAL ALT SPV, LLCVenture Capital Fund · Last reported Feb 12, 2026$1.38MGross asset value
Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-9897083480
Reported beneficial owners
48
Minimum commitment
$1K
Form D file number
021-465426

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SCHNITZEL CAPITAL MUD SPV, LLCVenture Capital Fund · Last reported Feb 12, 2026$870KGross asset value

Form D fundraising filings

Schnitzel Capital Mud SPV, LLC

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-5291153352
Reported beneficial owners
33
Minimum commitment
$1K
Form D file number
021-466236

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SCHNITZEL CAPITAL LOB SPV, LLCVenture Capital Fund · Last reported Feb 12, 2026$792KGross asset value

Form D fundraising filings

Schnitzel Capital Lob SPV, LLC

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-9498953186
Reported beneficial owners
24
Minimum commitment
$1K
Form D file number
021-465974

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

SCHNITZEL CAPITAL JUNIP SPV, LLCVenture Capital Fund · Last reported Feb 12, 2026$300KGross asset value

Form D fundraising filings

Schnitzel Capital Junip SPV, LLC

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-3508415722
Reported beneficial owners
29
Minimum commitment
$1K
Form D file number
021-465426

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

HA FUND II, A SERIES OF SCHNITZEL CAPITAL AL II, LPVenture Capital Fund · Last reported Feb 12, 2026$250KGross asset value

Form D fundraising filings

HA Fund II, a series of Schnitzel Capital AL II, LP

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-3896542682
Reported beneficial owners
25
Minimum commitment
$2.5K
Form D file number
021-445262

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BR FUND I, A SERIES OF SCHNITZEL CAPITAL AL II, LPVenture Capital Fund · Last reported Feb 12, 2026$200KGross asset value

Form D fundraising filings

BR Fund I, a series of Schnitzel Capital AL II, LP

Fund administrator BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Investor statements: No (provided to no investors) Related to adviser: No
Custodian BELLTOWER FUND GROUP, LTD SEATTLE, Washington, United States Related to adviser: No
Marketer AL ADVISORS MANAGEMENT, INC SAN FRANCISCO, California, United States Related to adviser: No
Provider details
Annual audit
No
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes
Fund details & source
Fund ID
805-4001848487
Reported beneficial owners
21
Minimum commitment
$2.5K
Form D file number
021-442972

Form ADV 2051947 · Feb 12, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Feb 12, 2026. View historical filings

Reported services

Not reported in these imported fields

Compensation

Not reported in these imported fields

Principal office

CRD 340899

Filing source

Form ADV 2051947 · Feb 12, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.