What does First Principles Group invest in?
First Principles Group invests most often at Series B (100% of the rounds on record).
First Principles Group highlights
- 01
1 rounds on record
- 02
Mostly Series B: 100% of its rounds
What they do
- Type
- Growth equity (from a list, unverified)
- Cheque size
- Not stated
- Cold pitches
- Not stated
The record
Every round we can evidence, newest first1 appearances
- 2024
1 round
- Oct
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
The team
Named by the firm itself, on a filing, its Form ADV or its company registration3 named
BHBenjamin HollandMember / Manager / Chief Compliance OfficeriForm ADV
MFMichael FriedbergManaging MemberiFiling they signed
RJRobert John MaurerMember / ManageriForm ADV
We also hold 3 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
What the register says
From the firm's own filings with the SEC, which it must file accurately by law
$1.6Bassets it managesOct 2026
Registeredinvestment adviserfull reporting to the SEC
- Legal name
- First Principles Group Management, LLC
- SEC number
- CRD 322950
Funds on its Form ADV
13 private funds, $340M in gross assets · filed Jun 2024
Private equity 8Venture 5
- FPG AD Astra V, LLCPrivate equity125 investors$59M
- First Principles Group Fund II Ocisly, LLCPrivate equity112 investors$47M
- FPG AD Astra IV, LLCPrivate equity85 investors$42M
- FPG AD Claritas I, L.P.Venture81 investors$34M
- FPG HUGE TREE, LLCVenture100 investors$32M
- FPG Fund IV, LLCPrivate equity63 investors$31M
- First Principles Group Fund I, LLCPrivate equity40 investors$24M
- FPG AD Astra VI, LLCPrivate equity79 investors$22M
- FPG Big TREE, LLCVenture10 investors$20M
- FPG FREE BIRD Fund, LLCPrivate equity59 investors$11M
And 3 more on the filing.