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| WestCap Management LLC
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| CRD # | 301822 |
| SEC # | 801-119189 |
| CIK # | 0001838470 |
| AUM | 7,441.3 M (2026-03-31) |
| Employees | 73 (21% Investors, 3% Brokers) |
| Fees | |
| Minimum | |
| Phone | 646-645-4356 |
| Address | 590 Pacific Avenue San Francisco, CA 94133 |
| Source | [IAPD] [EDGAR] [Website] [LinkedIn] |
| Total AUM ($B) |
|---|
| Sector | Form 13F Holdings | Value ($M) | |
|---|---|---|---|
| Stubhub Holdings Inc | 180.9 | ||
| Klarna Group PLC | 14.0 | ||
| Holdings by Sector ($M) |
|---|
| Type | Form D Funds | Date | Sold | AUM |
|---|---|---|---|---|
| PE | Fermium Addepar Co-Invest 2025 LLC | 2026-03-31 | 32.2 M | |
| PE | Fermium Addepar II-2025 LLC | 2026-03-31 | 34.7 M | |
| PE | Fermium Qualia Co-Invest LLC | 2026-03-31 | 35.9 M | |
| PE | WC Special Situations Fund LLC | 2026-03-31 | 0.0 M | |
| PE | WestCap Stubhub Opportunity Fund Preferred LLC | [2026-03-31] | 133.7 M | 84.7 M |
| Offered $133,670,000 · Filed 2025-09-18 (D) · Exemption 506(b), 3(c), 3(c)(1) · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | FC Assignee LLC | 2025-03-31 | 12.3 M | |
| PE | Rhenium ALO ICAP 2023 LLC | 2025-03-31 | 32.0 M | |
| PE | Rhenium Blueground Co-Invest 2023 LLC | 2025-03-31 | 15.3 M | |
| PE | Rhenium ICAP Co-Invest 2023 LLC | 2025-03-31 | 19.1 M | |
| PE | Thorium Appdirect Co-Invest LLC | [2025-03-31] | 12.0 M | 35.8 M |
| Offered $12,000,000 · Filed 2025-01-29 (D) · Exemption 506(b), 3(c), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | WestCap Strategic Operator Fund II Offshore LP | 2025-03-31 | 552.3 M | |
| PE | WestCap Strategic Operator Fund II Side-By-Side Offshore LP | [2025-03-31] | 30.8 M | 127.9 M |
| Offered $30,815,000 · Filed 2024-10-28 (D/A) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | Rhenium Stub Co-Invest 2023 LLC | 2024-03-29 | ||
| PE | Rhodium Aveone Co-Invest 2022 LLC | [2024-03-29] | 10.3 M | 9.6 M |
| Offered $10,300,000 · Filed 2024-11-04 (D) · Exemption 506(b), 3(c), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | WestCap SBS Family Partnership 2023 LLC | 2024-03-29 | 3.7 M | |
| PE | WestCap Strategic Operator Fund II Side-By-Side LP | [2024-03-29] | 30.8 M | 56.9 M |
| Offered $30,815,000 · Filed 2024-10-28 (D/A) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | Iridium Goodleap Co-Invest 2022 LLC | 2023-03-31 | 16.5 M | |
| PE | Rhenium Bolt 2021 LLC FKA WestCap Bolt Continuation 2021-1 LLC | 2023-03-31 | ||
| PE | WestCap Addepar Continuation 2021 LLC | 2023-03-31 | 18.0 M | |
| PE | WestCap Blueground Co-Invest 2022 LLC | 2023-03-31 | 39.6 M | |
| PE | WestCap Cerebral Continuation 2021-1 LLC | 2023-03-31 | 1.4 M | |
| PE | WestCap FLYR Co-Invest 2022 LLC | 2023-03-31 | 30.5 M | |
| PE | WestCap Hopper Partnership LP | 2023-03-31 | ||
| PE | WestCap II Family Partnership 2022 LLC | 2023-03-31 | 22.0 M | |
| PE | WestCap II Family Partnership LLC | 2023-03-31 | 2.3 M | |
| PE | Community First Partners LLC | 2022-03-31 | ||
| PE | Iridium SOF II IEQ 2021 Co-Invest LP | 2022-03-31 | 52.1 M | |
| PE | WestCap Cerebral Co-Invest 2021 LLC | 2022-03-31 | 12.4 M | |
| PE | WestCap Founder's Collective LLC | 2022-03-31 | 32.1 M | |
| PE | WestCap Goodleap Co-Invest 2021 LLC | 2022-03-31 | 5.0 M | |
| PE | WestCap Hopper 2021 Co-Invest LLC | 2022-03-31 | 26.9 M | |
| PE | WestCap Klarna Co-Invest 2021 LLC | 2022-03-31 | 8.8 M | |
| PE | WestCap NYDIG Co-Invest 2021 LLC | 2022-03-31 | 105.6 M | |
| PE | WestCap Sonder Convert Co-Invest 2021 LLC | 2022-03-31 | ||
| PE | WestCap Strategic Operator Fund II LP | 2022-03-31 | 1,822.9 M | |
| PE | WestCap BG Convert LLC | 2021-03-31 | 40.3 M | |
| PE | WestCap Loanpal Co-Invest 2020 LLC | 2021-03-31 | 281.9 M | |
| PE | WestCap Stub II-2020 LLC | 2021-03-31 | 107.8 M | |
| PE | WestCap Bolt LLC | [2020-06-30] | 25.0 M | |
| Filed 2021-03-09 (D/A) · Exemption 506(b), 3(c), 3(c)(1), 3(c)(7) · Remaining Indefinite · Duration One year or less · Net Assets Decline to Disclose | ||||
| PE | WestCap Investment Partners LLC | 2020-06-30 | 272.0 M | |
| PE | WestCap Skillz 2020 Co-Invest LLC | [2020-06-30] | 20.0 M | |
| Filed 2020-06-26 (D) · Exemption 506(b) · Remaining Indefinite · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | WestCap Sonder 2020-B LLC | 2020-06-30 | ||
| PE | WestCap Strategic Operator Fund LP | [2020-06-30] | 10.0 M | 1,535.9 M |
| Filed 2020-04-29 (D) · Exemption 506(b) · Remaining Indefinite · Duration One year or less · Revenue Decline to Disclose | ||||
| PE | WestCap Stub BTG LLC | 2020-06-30 | 31.5 M | |
| PE | WestCap Stub LLC | [2020-06-30] | 370.1 M | 321.8 M |
| Offered $370,082,165 · Filed 2020-02-27 (D) · Exemption 506(c) · Duration One year or less · Net Assets Decline to Disclose | ||||
| PE | SNDR Strategic Investment 2019 LLC | 2020-01-17 | ||
| PE | WestCap BG LLC | 2020-01-17 | 100.8 M | |
| PE | WestCap Rental Beast 1 LLC | 2020-01-17 | 0.2 M | |
| PE | WestCap Skillz LLC | 2020-01-17 | ||
| PE | WestCap SNDR LLC | 2020-01-17 | ||
| PE | WestCap VG LLC | 2020-01-17 | 15.6 M | |
| AUM Breakdown | Accounts | AUM ($B) |
|---|---|---|
| By Client Type | ||
| (a) Individuals (other than high net worth individuals) | 0 | 0.0 |
| (b) Individuals (high net worth individuals) | 0 | 0.0 |
| (c) Banking or thrift institutions | 0 | 0.0 |
| (d) Investment companies | 0 | 0.0 |
| (e) Business development companies | 0 | 0.0 |
| (f) Pooled investment vehicles | 45 | 7.4 |
| (g) Pension and profit sharing plans | 0 | 0.0 |
| (h) Charitable organizations | 0 | 0.0 |
| (i) State or municipal government entities | 0 | 0.0 |
| (j) Other investment advisers | 0 | 0.0 |
| (k) Insurance companies | 0 | 0.0 |
| (l) Sovereign wealth funds and foreign official institutions | 0 | 0.0 |
| (m) Corporations or other businesses not listed above | 3 | 0.0 |
| (n) Other | 0 | 0.0 |
| Total | 48 | 7.4 |
| By Discretionary | ||
| Discretionary | 48 | 7.4 |
| Non-Discretionary | 0 | 0.0 |
| Total | 48 | 7.4 |
| By Non-United States Persons | ||
| Non-United States Persons | 2.2 | |
| United States Persons | 5.2 | |
| Total | 48 | 7.4 |
| Form D Directors | Role | # Filings | # Firms | 2011 - 2026 |
|---|---|---|---|---|
| Laurence Tosi | Director, Executive Officer | 167 | 14 | |
| Michael Davis | Executive Officer | 95 | 6 | |
| WestCap Management LLC | Director, Promoter | 21 | 2 | |
| WestCap II Sbs GP LLC | Promoter | 6 | 2 |
| EDGAR Form | CIK | 2011 - 2026 |
|---|---|---|
| 13F-HR | [0001838470] | |
| 3 | [0001838470] | |
| 4 | [0001838470] | |
| SC 13G | [0001838470] |
| Form 13D/13G Filer | Form 13D/13G Subject | Filed |
|---|---|---|
| WestCap Management LLC | Stubhub Holdings Inc | [2025-11-12] |
| Firm Profile (Form ADV) | |
|---|---|
| Serves | Institutional |
| Fund Types | Private Equity |
| Form 3/4/5 Subject | 2011 - 2026 |
|---|---|
| StubHub Holdings Inc | |
| Tosi Laurence A | |
| WestCap Management LLC | |
| WestCap StubHub Opportunity Fund Preferred LLC | |
| WestCap Stub HoldCo 2024 LLC |
| Insider Transaction (Form 3/4/5) | Date | Action | Shares | Price | Value ($) |
|---|---|---|---|---|---|
|
StubHub Holdings Inc STUB
Class A Common Stock
|
2026-03-24 | Other | 9,000,000 | ||
|
StubHub Holdings Inc STUB
Class A Common Stock
|
2026-03-17 | Conversion | 6,256,893 | $23.50 | 147,036,986 |
|
StubHub Holdings Inc STUB
Series O Preferred Stock, par value $0.001 per share · derivative
|
2026-03-17 | Conversion | 133,670 | $0.00 |
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|
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|
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|
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|
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|
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|
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|
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|
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|
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