Black Angels Group

Black Angels Group operates as a concentrated fund-of-funds, committing capital to a select number of early-stage venture GPs rather than building broadly diversified portfolios. The firm targets seed and Series A managers where capacity constraints limit access for larger institutional LPs, constructing high-conviction fund commitments. Specific fund investments and track record data are not publicly disclosed.

The firm appears to source through proprietary, relationship-driven networks given its absence from public RFP platforms and limited public footprint. Its distributed office structure — spanning New York, Mountain View, Burlingame, and Alexandria, Virginia — provides physical proximity to both traditional tech and government-adjacent venture ecosystems. Specific sourcing methodology has not been publicly detailed.

The firm's primary model is fund-of-funds commitments to emerging managers; there is no public evidence of a direct investment or co-investment program. Its structure is distinct from hybrid allocators that blend fund commitments with direct deals alongside their GPs. Allocators evaluating Black Angels Group should confirm this boundary directly during due diligence.

The four-office footprint — New York, Mountain View, Burlingame, and Alexandria — positions the firm across three distinct venture ecosystems: the East Coast financial and media-tech corridor, Silicon Valley's core tech cluster, and the Mid-Atlantic's defense and government-technology nexus. This geography grants physical access to GPs and deal flow that a single-hub allocator might miss, particularly in capacity-constrained submarkets.

Black Angels Group does not publicly name its investment committee, managing partners, or principals on any widely available professional platform or regulatory filing. The firm maintains an intentionally low-profile posture typical of certain institutional allocators, though this limits independent verification of team composition, experience depth, and key-person risk by prospective LPs or co-investors.

The firm is structured as an institutional fund-of-funds managing outside capital, not a single-family office. It does not publicly disclose its underlying LP base, but its multi-city presence and fund-of-funds mandate are consistent with an institutional platform serving multiple external allocators rather than a single wealth source.

Black Angels Group has not publicly disclosed assets under management, and no authoritative third-party publication has reported a verified figure. The absence of Form ADV filings or equivalent public regulatory disclosures, combined with the lack of a firm website, leaves its AUM undisclosed.