Mercury Fund

Venture Capital Exempt reporting adviser

Legal name: Mercury Partners Management, LLC

Houston, TX Website

AUM

$740.7M
Private fund assets

Private funds

45
Venture Capital 45

Private fund assets

$740.7M
Gross asset value

Employees

—

Last Form D raise

Oct 2023
Most recent fund filing

From SEC Form ADV filing (filed Mar 16, 2026). View on SEC

Investment focus

As listed in industry directories; may be out of date.

First check
$750K – $5.0M
Stages
Series A
Geographies
USA

People(3)

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

A
Adrian Fortino
Managing Member
Source: SEC Form ADV
A
Aziz Gilani
Managing Member
Source: SEC Form ADV
M
Marshall Garrou
Managing Member
Source: SEC Form ADV

Funds(45)

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

FundTypeGross assetsRaised (Form D)InvestorsLast Form DRecency
Mercury Fund Executives V, LPVenture Capital$953K——Oct 2023Cold
Mercury Fund V, LPVenture Capital$205.1M$127.9M119Mar 2023Cold
Mercury Fund Affiliates V, LPVenture Capital$20.8M$127.9M87Mar 2023Cold
Mercury Fund Affiliates IV, LPVenture Capital$8.5M——Jan 2020Cold
Mercury Fund IV, LPVenture Capital$238.4M$82.3M85Jun 2019Cold
Mercury Fund III, L.P.Venture Capital$128.4M$97.4M—Oct 2014Cold
Mercury Fund III Affiliates, L.P.Venture Capital$6.0M——Feb 2014Cold
Dfj Mercury II, L.P.Venture Capital$22.3M———
Mercury Affiliates Xix, LLCVenture Capital$16.1M———
Mercury Starboard Star Space Fund III, LPVenture Capital$13.8M———
Mercuy Affiliates Xxix, LPVenture Capital$10.9M———
Mercury Affiliates Xv, LLCVenture Capital$10.8M———
Mercuy Affiliates Xxxi, LPVenture Capital$6.6M———
Mercury Space Fund I, L.P.Venture Capital$6.1M———
Mercury Affiliates Xxiii, LLCVenture Capital$5.2M———

Board seats(5)

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

Buildforce Services
Other TechnologyAustin, TXDirector: Adrian Fortino
$20.2M raised
Since Feb 2021
SEC Form D
Trava Security
Other TechnologyIndianapolis, INDirector: Aziz Gilani
$16.8M raised
Since May 2025
SEC Form D
Respond Flow
Other TechnologyTulsa, OKDirector: Aziz Gilani
$5.4M raised
Since Aug 2021
SEC Form D
Graylog
OtherHouston, TXDirector: Aziz Gilani
$32.3M raised
Since Jun 2018
SEC Form D
GameSalad
ComputersAustin, TXDirector: Aziz Gilani
$268K raised
Since Apr 2019
SEC Form D

Shares boards with

Firms whose people sit on the same company boards.

Chicago Ventures Fund Management
Venture Capital
1 shared
High Alpha Studio
Venture Capital
1 shared

Regulatory identifiers

CRD number
163879
SEC file number
802-76924

Sources