Scge Management, L.P. (Menlo Park)


Scge Management, L.P. is a large advisory firm based in Menlo Park. It manages $1.83 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2012.

Scge Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Scge Management: assets under management

The assets under management (AUM) of Scge Management, L.P. is $1.83 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 205% since the beginning of its operation, and $222.77 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.83 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $609 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Scge Management, L.P. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Douglas Mauro Leone serves?

The only and largest group of clients of Douglas Mauro Leone is pooled investment vehicles with 3 clients and $1.83 billion of assets under management. Among the 10 most similar advisory firms, Scge Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.83 billion for 3 clients. 67% of the firm’s clients are foreign persons or businesses.

Scge Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Scge Management, L.P.

The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Douglas Mauro Leone has been acting as President since 1 Oct 2017. Jeffrey Wang has served as the Chief Investment Officer since 1 Apr 2016. Kimberly Anne Summe joined the executive team most recently as the Chief Compliance Officer, Chief Operating Officer, General Counsel.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Ralph Ho Chief operating officer 1 Nov 2008 Other 2621717
Christopher Brown Lyle Portfolio manager 1 Nov 2008 25% - 50% 6022203
Melinda Ann Dunn Chief compliance officer 1 Nov 2008 Other 2143561
Ltd. Scge Genpar General partner 1 Dec 2008 Other 98-0603717
L.P. Osf A Global Apportionment Limited partner 1 Jan 2012 50% - 75% 98-0684285
Jeffrey Wang Chief investment officer 1 Apr 2016 Other 4535467
Jung Yeon Son Chief compliance officer 1 Oct 2016 Other 6736350
Jung Yeon Son Chief compliance officer 1 Dec 2016 Other 6736350
Kimberly Anne Summe Chief operating officer 1 Mar 2017 Other 5465806
Jeffrey Wang Managing partner 1 Jun 2017 Other 4535467
Patrick Fu Managing partner 1 Jun 2017 Other 6810720
Kimberly Anne Summe Chief compliance officer, chief operating officer, general counsel 1 Oct 2017 Other 5465806
Douglas Mauro Leone Director 1 Oct 2017 Other 6021395

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Ltd. Osm Global Apportionment General partner 1 Feb 2010 Other 98-0684278

Based in Menlo Park

The principal office where Scge Management, L.P. performs its advisory services is located at 2800 Sand Hill Rd., Menlo Park, CA 94025 7055, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-854-3927 or by fax 650-854-2977. The normal business hours are 6 am - 6 pm on Monday - Friday. You can find more information about the New York firm at sequoiacap.com.