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Dragonfly Digital Management, LLC

● SEC registered since 2022CRD 300750SEC# 801-124921San Francisco, CA
Export (members)
Ranks #1,635 of 6,004 private fund managers by regulatory AUM.
Reg. AUM
$3.44B
Fund GAV
$3.46B
Private funds
7
Employees
34
Accounts
14
Location
San Francisco, CA

Dragonfly Digital Management, LLC assets under management

Dragonfly Digital Management, LLC operates as an SEC-registered investment adviser based in San Francisco, CA. The firm has been registered since 2022. It reports $3.4 billion in regulatory assets under management and employs 34 people. Dragonfly Digital Management, LLC manages 7 private funds with combined gross assets of $3.5 billion, including Dragonfly Ventures III, L.P. By regulatory assets, it ranks 1,635 of 6,004 private fund managers.

Dragonfly Digital Management, LLC private funds

7 funds · $3.46B GAV
FundTypeGross assetsMin.
Dragonfly Ventures III, L.P.Venture Capital$1.33B$5M
Dragonfly Ventures L.P.Other Private$796.5M$500K
Dragonfly Ventures IV, L.P.Venture Capital$709.8M$5M
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Dragonfly Digital Management, LLC owners & executives

6 reported
NameTitleOwnershipSince
Dragonfly Management Limited ControlOwnerOver 75%2022
Scott Jeffrey Hershorin ControlChief Compliance Officer / Vp Of OperationsUnder 5%2022
Bo Feng ControlManaging MemberOver 75%2019
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Frequently asked questions

How much does Dragonfly Digital Management, LLC manage?

Dragonfly Digital Management, LLC reports $3.4 billion in regulatory assets under management on its Form ADV.

How many private funds does Dragonfly Digital Management, LLC manage?

Dragonfly Digital Management, LLC manages 7 private funds with combined gross assets of $3.5 billion.

How many employees does Dragonfly Digital Management, LLC have?

Dragonfly Digital Management, LLC reports 34 employees.

Where is Dragonfly Digital Management, LLC located?

Dragonfly Digital Management, LLC is based in San Francisco, CA and has been SEC-registered since 2022.

Does Dragonfly Digital Management, LLC disclose fund performance?

Dragonfly Digital Management, LLC is not required to publicly disclose fund returns. Form ADV filings include assets, ownership, and service providers, shown above.

Contact & registration

Address66 Franklin St, Suite 300, San Francisco, CA 94707
Phone415-795-8868
Office hours9:00 a.m. - 5:00 p.m.
SEC regionSan Francisco Regional Office (SFRO)
Umbrella registrationYes
Discloses disciplinary historyNo

Regulatory AUM

$3.44B▼ 17%
Mar '25 — $4.14BApr '25 — $4.14BMay '25 — $4.14BJun '25 — $4.14BJul '25 — $4.14BAug '25 — $4.14BSep '25 — $4.14BOct '25 — $4.14BNov '25 — $4.14BDec '25 — $4.14BJan '26 — $4.14BFeb '26 — $4.14BMar '26 — $3.44BApr '26 — $3.44BMay '26 — $3.44BJun '26 — $3.44B
Mar '25Form ADV, monthlyJun '26

How this firm compares

Regulatory AUMTop 16%
Larger than 84% of 16,271 advisers
AUM vs fund managersTop 27%
Larger than 73% of 6,004 private-fund managers
Number of fundsTop 33%
More funds than 67% of fund managers
EmployeesTop 16%
More than 84% of 16,825 advisers

Assets under management

$3.44Bregulatory AUM
Discretionary $3.44B

Fund type mix

Venture Capital4
Hedge2
Other Private1