Private fund adviser · Cambridge, MA
Clarus Ventures, LLC
SEC-registered investment adviser · CRD 160980 · SEC 801-114471
At a glance
Clarus Ventures, LLC is an SEC-registered investment adviser based in Cambridge, Massachusetts, with $806 million in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,533rd of 4,686 private fund advisers and 6,064th of 17,210 SEC-registered advisers by assets.
Main office 617-949-2200clarusfunds.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $806M
- Rank among private fund advisers
- #2,533 of 4,686
- Rank among all SEC RIAs
- #6,064 of 17,210
- Rank in Massachusetts
- #321 of 627
- Clients
- 9
- Accounts
- 9
- Discretionary
- 100% of AUM
- Employees
- 31
- Advisory staff
- 21
- Offices
- 1
Owners and executives on its Form ADV
- Robert W. LiptakChief Financial Officer, Chief Operating Officer
- Nicholas G. GalakatosSenior Managing Director
- Alicia M. NovakChief Compliance Officer
Custody and brokerage
Custodian
Clarus Ventures, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: Blackstone Securities Partners L.P., Currencies Direct LTD and Everlake Distributors, L.L.C..
- Blackstone Securities Partners L.P. ↗CRD 17917
It doesn’t hold client accounts or customer funds itself. Its annual audited report filed with the SEC, February 2026
- Currencies Direct LTD
- Everlake Distributors, L.L.C.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 9 | $806M | 100% |
Private funds
Clarus Ventures, LLC reports 9 private funds with $806M in gross assets: venture capital funds (Form ADV Item 7.B).
Disciplinary disclosures
Clarus Ventures, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗clarusfunds.com ↗
AtlasMembers
The full record on Clarus Ventures, LLC
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 6 years of filings
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- Growth over one, three and five years
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- Rank against 2,221 peers of its type and size
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- Owners and executives, with titles and stakes
- 3 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Clarus Ventures, LLC manage?
Clarus Ventures, LLC reports $806 million in regulatory assets under management across 9 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Clarus Ventures, LLC?
Clarus Ventures, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Clarus Ventures, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($806 million, 9 clients).
Does Clarus Ventures, LLC manage private funds?
Yes. It reports 9 private funds with $806 million in gross assets, including venture capital funds.
Does Clarus Ventures, LLC have any disciplinary history?
Clarus Ventures, LLC reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Clarus Ventures, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →