Renaissance Venture Capital Management, Inc. (Ann Arbor)

Name: Renaissance Venture Capital Management, Inc.
Address: 201 South Main Street, Ann Arbor, MI, 48104 2113
Telephone: 734-997-8661

Renaissance Venture Capital Management, Inc. is a large advisory firm based in Ann Arbor. It manages $243.3 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Michigan.

Renaissance Venture Capital 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.

Renaissance Venture Capital Management: assets under management

The assets under management (AUM) of Renaissance Venture Capital Management, Inc. is $243.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $243.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $81.1 million each.

Renaissance Venture Capital Management has custody of $243.3 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Renaissance Venture Capital Management, Inc. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Renaissance Venture Capital Management serves?

The only and largest group of clients of Renaissance Venture Capital Management is pooled investment vehicles with 3 clients and $243.3 million of assets under management. Among the 8 most similar advisory firms, Renaissance Venture Capital Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $243.3 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Renaissance Venture Capital Management also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $750,000.

Careers at Renaissance Venture Capital Management, Inc.

The company employs 4 people that are either part- or full-time employees. 100 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.

Kimberly Rose Reno joined the executive team most recently as the Chief Financial Officer & Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Luke Rizik	Chief executive officer	1 Oct 2008	50% - 75%	6034139
Jeffrey Alan Rinvelt	Principal and chief information security officer	1 Jan 2011	25% - 50%	6034144
Vincent Carl Nystrom	Vice president of business development	1 Apr 2016	Other	6744592
Kimberly Rose Reno	Chief financial officer & chief compliance officer	1 Aug 2018	Other	7064949

Based in Ann Arbor

The principal office where Renaissance Venture Capital Management, Inc. performs its advisory services is located at 201 South Main Street, Ann Arbor, MI 48104 2113, which is also the mailing address of the firm. An additional office of the firm is in East Lansing, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 734-997-8661 or by fax N/A. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at renvcf.com.