# NEXT LEGACY MANAGEMENT, LLC

NEXT LEGACY MANAGEMENT, LLC of PORTOLA VALLEY, CA is an SEC-registered investment adviser.

## Registration

- CRD: 156640
- Type: SEC-registered investment adviser
- SEC file number: 801-73561
- Location: 3000 ALPINE RD, PORTOLA VALLEY, CA, 94028-7520
- Phone: 650-324-5980
- Latest filing: 2026-03-31
- Regulatory AUM: $4.4B
- Discretionary AUM: $4.4B
- Clients: 26
- Accounts: 47

## Business model

- Compensation: % of AUM, Performance
- Clients served: Pooled vehicles, Charities, Investment cos

## Officers, owners & control persons (11)

| Name | Role | Location |
| --- | --- | --- |
| [Kelli Ann Cullinane](https://search.stillhousedata.com/person/687072) | MANAGING MEMBER, CCO, AND CFO; TRUSTEE OF THE CULLINANE FAMILY TRUST DATED MARCH 15, 2019 | — |
| [Ben Chung-Ming Choi](https://search.stillhousedata.com/person/687073) | MANAGING MEMBER; TRUSTEE OF CHOI FAMILY TRUST DATED MARCH 2, 2012 | — |
| [Ryan C Nece](https://search.stillhousedata.com/person/687074) | TRUSTEE OF THE NECE FAMILY TRUST | — |
| [HALL MACGREGOR BRUCE](https://search.stillhousedata.com/person/757538) | MANAGING MEMBER; MANAGING MEMBER AND TRUSTEE OF THE HALL FAMILY TRUST DATED DECEMBER 20, 2012, AND ANY AMENDMENTS THERETO | — |
| [EYRE ALLAN](https://search.stillhousedata.com/person/801695) | MANAGING MEMBER | — |
| [TAYLOR LANCE RILEY](https://search.stillhousedata.com/person/822121) | CHIEF FINANCIAL OFFICER | — |
| [MARTY ALAN WAYNE](https://search.stillhousedata.com/person/834443) | MANAGING MEMBER; MANAGING MEMBER AND TRUSTEE OF THE MARTY FAMILY TRUST OF OCTOBER 14, 2003 AS AMENDED AND RESTATED NOVEMBER 1, 2012 | — |
| [HUNT YVONNE CECELIA](https://search.stillhousedata.com/person/834444) | CHIEF PHILANTHROPY OFFICER | — |
| [CULLINANE KELLI ANN](https://search.stillhousedata.com/person/834445) | CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER; CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER & PARTNER; CHIEF COMPLIANCE OFFICER, CHIEF FINANCIAL OFFICER & PARTNER AND TRUSTEE OF THE CULLINANE FAMILY TRUST DATED MARCH 15, 2019 (+2 more) | — |
| [CHOI BEN CHUNG-MING](https://search.stillhousedata.com/person/835566) | MANAGING MEMBER; MANAGING MEMBER AND TRUSTEE OF CHOI FAMILY TRUST DATED MARCH 2, 2012 | — |
| [NECE RYAN C](https://search.stillhousedata.com/person/862121) | TRUSTEE OF THE NECE FAMILY TRUST | — |


## Private funds (47)

_Showing 15 of 47 funds by gross asset value._

| Fund | Type | Formed | Owners | GAV | Min investment |
| --- | --- | --- | --- | --- | --- |
| LEGACY VENTURE VIII, LLC | Venture Capital Fund | Delaware | 126 | $541.1M | $1.0M |
| LEGACY VENTURE VII, LLC | Venture Capital Fund | Delaware | 147 | $528.6M | $1.0M |
| LEGACY VENTURE XI, LLC | Venture Capital Fund | Delaware | 222 | $500.4M | $1.0M |
| LEGACY VENTURE IX, LLC | Venture Capital Fund | Delaware | 160 | $490.9M | $1.0M |
| NEXT LEGACY XII, LLC | Venture Capital Fund | Delaware | 151 | $421.7M | $1.0M |
| LEGACY VENTURE X, LLC | Venture Capital Fund | Delaware | 176 | $397.5M | $1.0M |
| LEGACY VENTURE VI (QP), LLC | Venture Capital Fund | Delaware | 61 | $313.3M | $1.0M |
| LEGACY K, LLC | Venture Capital Fund | Delaware | 1 | $235.7M | — |
| NEXT PLAY CAPITAL III Q, L.P. | Venture Capital Fund | Delaware | 322 | $203.4M | $500K |
| LEGACY VENTURE VI, LLC | Venture Capital Fund | Delaware | 61 | $136.1M | $1.0M |
| LEGACY VENTURE V (QP), LLC | Venture Capital Fund | Delaware | 64 | $73.8M | $1.0M |
| NEXT PLAY CAPITAL II, L.P. | Venture Capital Fund | Delaware | 73 | $71.7M | $500K |
| NEXT PLAY CAPITAL II Q, L.P. | Venture Capital Fund | Delaware | 82 | $71.7M | $500K |
| NEXT LEGACY ALPHA 4, LP | Venture Capital Fund | Delaware | 130 | $63.4M | $250K |
| NEXT PLAY CAPITAL I, L.P. | Venture Capital Fund | Delaware | 89 | $51.2M | $250K |


## Branch offices (2)

| City | State | Employees | Phone |
| --- | --- | --- | --- |
| REDWOOD CITY | CA | 0 | 650.324.5980 |
| REDWOOD CITY | CA | 0 | 650.324.5980 |


## Fund service providers (1)

- administrator: ADURO ADVISORS, LLC — 35 funds

## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/156640/brochure
- Similar advisers: https://search.stillhousedata.com/firm/156640/similar
- Related entities: https://search.stillhousedata.com/firm/156640/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/156640

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.