Human Capital

Human Capital is a private equity and venture manager in San Francisco, CA. It is registered with the SEC as an investment adviser with $4.4B in regulatory assets and 39 staff. It has 29 funds on file, the latest reported in August 2026.

Funds on file
29
Raised, all funds
$795.8M
Regulatory assets
$4.4B
Staff
39
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Aug 2026 HCM VII, L.P. Venture $0 Not given
May 2026 HCM G III, L.P. Venture $0 Not given
May 2026 HCM G IV, L.P. Venture $0 Not given
May 2026 HCM G IX, L.P. Venture $0 Not given
May 2026 HCM G VIII, L.P. Venture $0 Not given
May 2026 HCM G VII, L.P. Venture $0 Not given
May 2026 HCM G VI, L.P. Venture $0 Not given
May 2026 HCM G V, L.P. Venture $0 Not given
May 2026 HCM G XIII, L.P. Venture $0 Not given
May 2026 HCM G XII, L.P. Venture $0 Not given
May 2026 HCM G XI, L.P. Venture $0 Not given
May 2026 HCM G XIV, L.P. Venture $0 Not given
May 2026 HCM G X, L.P. Venture $0 Not given
May 2026 HCM G XV, L.P. Venture $0 Not given
May 2026 HCM G II, L.P. Venture $0 Not given
May 2026 HCM G I, L.P. Venture $0 Not given
Jan 2025 HCM VI, L.P. Venture $419.1M Not given
Apr 2022 HCM V, L.P. Venture $0 $500M
Dec 2021 HCM S11A LP Venture $0 Not given
Dec 2021 HCM IV, L.P. Private equity $287.2M $287.2M
Sep 2021 HCM S9A LP Venture $0 Not given
Jul 2021 HCM S3C LP Private equity $0 Not given
Jan 2021 NTV II, L.P. Venture $84.8M $84.8M
Dec 2020 HCM S3B LP Private equity $0 Not given
Nov 2020 HC S3A LP Venture $0 Not given
Aug 2020 HCM I, L.P. Venture $4.7M $4.7M
Aug 2020 Human Capital S2D LP Private equity $0 Not given
Jul 2020 Human Capital S2C LP Venture $0 Not given
Jul 2020 Human Capital S2B LP Venture $0 Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$4.4B
Employees39
Clients52 private funds.
Control personsAli, Baris Akis, Armaan, Ibrahim Ali, James, Irving Baaden, Amir Hassanabadi, Ashwin, S Hira.
Private funds30 private funds holding $2.1B in gross assets.

Private funds it reports

FundTypeGross assets
HCM V Venture $477.7M
HCM IV Venture $323.5M
HC S3A Venture $243.5M
NTV II Venture $175.2M
HCM S3B Venture $108.6M
Nav Capital S2A Venture $91.3M
HCM S3C Venture $90.1M
Human Capital S2B Venture $85.7M
TCM II Venture $60.7M
Nav Capital S1A Venture $48.3M
HCM S9A Venture $46.7M
Human Capital S2D Venture $45.5M
HCM S11A Venture $35M
Nav Capital S1D Venture $30.3M
Human Capital S2C Venture $27.8M