Assets Under Management (AUM)
Assets under management (AUM) is the total capital a venture or growth fund manages across all its active funds, the standard measure of a fund's scale.
Assets under management, or AUM, is the total market value of the capital a venture fund, growth fund, or fund of funds currently manages on behalf of its investors, combining committed capital across all active funds a firm runs. AUM is the most common single figure used to compare fund size across the venture industry, though it measures scale rather than performance.
Among Israeli-focused funds, AUM varies by fund type: early-stage funds such as TLV Partners manage over $1 billion, late-stage growth funds such as Qumra Capital manage over $1 billion across four funds, stage-agnostic funds such as 83North manage over $2 billion, and fund-of-funds and secondaries specialists such as Vintage Investment Partners manage roughly $4 billion by combining capital across multiple strategies.
AUM figures typically come from a fund's own disclosures rather than audited public filings, since most venture funds are private vehicles with no obligation to report holdings the way public companies do.