Thrive Capital AUM Surpasses $185 Billion

Thrive Capital's assets under management (AUM) have exceeded $185 billion, a significant milestone for the firm. This achievement reflects the company's success in managing investments and generating returns for its clients.

The growth of Thrive Capital's AUM can be attributed to its experienced team and disciplined investment approach. With a focus on long-term value creation, the firm has built a reputation for delivering strong results.

Thrive Capital's AUM has surpassed $185 billion, marking a major achievement for the company. This milestone is a testament to the firm's expertise and commitment to its clients' success.

Joshua Kushner is a key figure in the Thrive Capital universe. He is a managing partner of the firm, which he co-founded in 2009 with his brother, Joshua's brother, Marc Kushner, is also involved in the firm.

Joshua Kushner's experience in the venture capital industry is extensive. He has invested in numerous successful startups, including Instagram and Uber.

Thrive Capital's AUM has grown significantly under Joshua Kushner's leadership. The firm's assets under management have increased from $1 billion to $5 billion over the past decade.

Joshua Kushner's investment strategy is focused on supporting innovative startups with high growth potential. He is known for his ability to identify and capitalize on emerging trends in the tech industry.

Joshua Kushner is also the co-founder of Oscar Health, a health insurance startup that has received significant investment from Thrive Capital.

Thrive Capital Management's Assets Under Management (AUM) is a staggering $185 billion as of August 2nd, 2024.

The fund's top holding is 911,743 shares of Ishares Tr, currently worth over $47 billion and making up 25.3% of the portfolio value.

Their second-largest holding is 258,351 shares of Spdr Ser Tr worth $15.8 billion, and the third-largest holding is Vanguard Index Fds worth $15.5 billion.

Here's a breakdown of the fund's top holdings:

This massive AUM is comprised of a diverse range of assets, including cash, fixed income, real estate, and more, which are not publicly disclosed.

Thrive Capital Management LLC has a significant presence in the market, with Assets Under Management (AUM) totaling $15.6 billion as of March 29, 2024.

The company has a strong team, with 64 employees, including 42% investors and 0% brokers.

Thrive Capital Management LLC is based in New York, NY, and can be reached at 646-680-0240.

Here are some key statistics on Thrive Capital Management LLC's AUM breakdown:

Thrive Capital Management LLC's AUM is entirely discretionary, with no non-discretionary accounts.

Thrive Capital Management's Assets Under Management (AUM) is a staggering $185 billion.

As of 2nd August 2024, their top holding is 911,743 shares of Ishares Tr, currently worth over $47 billion and making up 25.3% of the portfolio value.

Their second-largest holding is 258,351 shares of Spdr Ser Tr, worth $15.8 billion.

Vanguard Index Fds is their third-largest holding, worth $15.5 billion.

The total portfolio value of Thrive Capital Management may be even higher due to cash assets that are not publicly disclosed, such as fixed income, real estate, or cash equivalents.

Thrive Capital has closed its fifth fund with a whopping $700 million, a significant step up from its previous fund which closed with $400 million in 2014.

This New York-based venture fund focuses on media and internet investments, and now manages a total of $1.5 billion.

Thrive has impressive stakes in several well-regarded brands, including Kickstarter, Warby Parker, Harry's, Spotify, GitHub, and ClassPass.

The fund was also an investor in Twitch, which sold to Amazon for $1.1 billion in 2014, and Instagram, which sold to Facebook for $1 billion in 2012.

Thrive's cofounder Joshua Kushner is also the cofounder of Oscar Insurance, a New York health insurance startup valued at $1.5 billion during its most recent fundraise.