Managers/Private equity/Texas/Next Coast Ventures

Next Coast Ventures

Next Coast Ventures is a private equity and venture manager in Austin, TX. It files with the SEC as an exempt reporting adviser. It has 3 funds on file, the latest reported in March 2022.

Funds on file
3
Raised, all funds
$251.5M
Private fund assets
$403.1M
Adviser type
Exempt
Pension investors
1
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Mar 2022 Next Coast ETA I, L.P. Venture $61.4M $61.4M
Mar 2022 Next Coast Ventures III, L.P. Venture $190.1M $190.1M
Dec 2021 NCV Select I, L.P. Venture $0 $30M

Adviser record

RegistrationAn exempt reporting adviser, which files a shorter form than a registered one.
Assets, staff and feesNot filed by exempt advisers.
Control personsCharles, Thomas Ball, Michael, Arthur Smerklo.
Private funds9 private funds holding $403.1M in gross assets.

Private funds it reports

FundTypeGross assets
Next Coast Ventures I Venture $162.5M
Next Coast Ventures II Venture $106.2M
Next Coast Ventures Iii Venture $42.8M
Next Coast Eta I Private equity $40M
NCV Select I Venture $28.8M
NCV Entrepreneurs Fund I Venture $8.1M
NCV Entrepreneurs Fund Iii Venture $7.1M
NCV Entrepreneurs Fund II Venture $6.4M
Next Coast Eta Entrepreneurs Fund I Private equity $1.3M