Investment adviser · CRD 322445

XPV MANAGEMENT LLC

Investment adviser filing (IA)

EL SEGUNDO, CA, United States · Form ADV filed Apr 30, 2026

Regulatory AUM: $194M
Client accounts: 9
Employees: 17
Advisory professionals: 14

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	9	$193,567,208	100.0%

Filing source

Form ADV 2101222 · Apr 30, 2026 · Item 5.D

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

Private funds & service providers

8 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.

XPV CIRCLE I, LPVenture Capital Fund · Last reported Apr 30, 2026$76.1MGross asset value

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-4470873438
Reported beneficial owners: 42
Minimum commitment: $1M

Form ADV 2101222 · Apr 30, 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.

HARTBEAT VENTURES I, LPVenture Capital Fund · Last reported Apr 30, 2026$51.4MGross asset value

Form D fundraising filings

HARTBEAT VENTURES I, LP

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-1356543072
Reported beneficial owners: 23
Minimum commitment: $1M
Form D file number: 021-462021

Form ADV 2101222 · Apr 30, 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.

AOKI LABS I, LPVenture Capital Fund · Last reported Apr 30, 2026$27.5MGross asset value

Form D fundraising filings

AOKI LABS I, LP

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-1612815020
Reported beneficial owners: 13
Minimum commitment: $500K
Form D file number: 021-493800

Form ADV 2101222 · Apr 30, 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.

BYL VENTURES I, LPVenture Capital Fund · Last reported Apr 30, 2026$10.2MGross asset value

Form D fundraising filings

BYL VENTURES I, LP

Feeder funds

BYL VENTURES I (FEEDER), LP

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-4040254097
Reported beneficial owners: 2
Minimum commitment: $500K
Form D file number: 021-516475
Form D file number: 021-546404

Form ADV 2101222 · Apr 30, 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.

MARKHAM VALLEY VENTURES I, LPVenture Capital Fund · Last reported Apr 30, 2026$9.98MGross asset value

Form D fundraising filings

MARKHAM VALLEY VENTURES I, LP

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-6779985361
Reported beneficial owners: 8
Minimum commitment: $500K
Form D file number: 021-498596

Form ADV 2101222 · Apr 30, 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.

HARTBEAT VENTURES ASTON MARTIN RACING, LLCVenture Capital Fund · Last reported Apr 30, 2026$7.76MGross asset value

Form D fundraising filings

HartBeat Ventures Aston Martin Racing, LLC

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-8996008034
Reported beneficial owners: 9
Minimum commitment: $1M
Form D file number: 021-522160

Form ADV 2101222 · Apr 30, 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.

X&ALPACA SPV, LPVenture Capital Fund · Last reported Apr 30, 2026$5.57MGross asset value

Form D fundraising filings

X&Alpaca SPV, LP

Fund administrator CARTA SAN FRANCISCO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor COHNREZNICK LLP SAN FRANCISCO, California, United States

Custodian J.P. MORGAN SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

COHNREZNICK LLP
PCAOB 596

J.P. MORGAN SECURITIES LLC
SEC 8-35008

Fund details & source

Fund ID: 805-2742990462
Reported beneficial owners: 5
Minimum commitment: $1M
Form D file number: 021-572869

Form ADV 2101222 · Apr 30, 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: Apr 30, 2026. View historical filings

Reported services

Pooled investment vehicle management

Compensation

Percentage of assets · Performance-based

Principal office

122 PENN ST.
EL SEGUNDO, CA, 90245, United States

CRD 322445

Filing source

Form ADV 2101222 · Apr 30, 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.