Human Capital

Venture Capital SEC-registered adviser

Legal name: Human Capital Investment Management LLC

San Francisco, CA Website LinkedIn X

AUM

$4.4B
Regulatory AUM

Private funds

40
Venture Capital 40

Private fund assets

$4.2B
Gross asset value

Employees

39

Last Form D raise

Nov 2025
Most recent fund filing

From SEC Form ADV filing (filed Aug 13, 2026). View on SEC

People(3)

Owners and executive officers named on the firm's SEC Form ADV.

A
Ali Akis
President
Source: SEC Form ADV
A
Armaan Ali
Managing Member/Chief Executive Officer
Source: SEC Form ADV
A
Ashwin Hira
Partner/Chief Business Officer
Source: SEC Form ADV

Funds(40)

Private funds reported on Form ADV, with amounts raised from the funds' SEC Form D filings.

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Hcm S20b LPVenture Capital$15.0M——Nov 2025Warm
Hcm S7c LPVenture Capital$20.8M——Nov 2025Warm
Hcm S20A LPVenture Capital$16.8M——Nov 2025Warm
Hcm S19A LPVenture Capital$2.0M——Aug 2025Cool
Hcm S17A LPVenture Capital$2.0M——Jun 2025Cool
Hcm S16aii LPVenture Capital$11.2M——Jun 2025Cool
Hcm S9A LPVenture Capital$500.6M——Jun 2025Cool
Hcm S16ai LPVenture Capital$5.1M——Jun 2025Cool
Hcm S5aii LPVenture Capital$70.9M——Jun 2025Cool
Hcm S5aiiiVenture Capital$18.0M——Jun 2025Cool
Hcm VI, L.P.Venture Capital$460.1M$419.1M30Jan 2025Cool
Hcm S14A LPVenture Capital$105.5M——Aug 2023Cold
Hcm V, L.P.Venture Capital$1.1B——Apr 2022Cold
Hcm Web3 I, L.P.Venture Capital$17.8M——Feb 2022Cold
Hcm S11A LPVenture Capital$37.7M——Dec 2021Cold

Board seats

Companies whose SEC Form D filings name one of this firm's people as a director, matched by name and office ZIP code.

No board seats matched from SEC filings yet.

Regulatory identifiers

CRD number
296844
SEC file number
801-119165

Sources