DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Board records

Circle of Service Foundation: what the board decided

Read from the boards’ own minutes and meeting packets, each row with the stance the minutes give it. Approved is a vote or a commitment reported as made under delegated authority; recommended is staff or the consultant asking, with no vote in the record; proposed is an item presented for consideration. Every row carries the sentence that says so. A re-up prospect is arithmetic on the tape: the allocator holds Fund N, the manager has Fund N+1 open, and no commitment to it is on the graph; it is labelled an inference and says nothing about intent.

all systems

Same manager, same series and name stem, the next number (or a later vintage), open now on the venture or private equity graph, and no commitment to it on this graph. Dated at the successor’s first Form D sale when there is one. A row retires by itself when a commitment to the successor lands.

  • Sep 16, 2026Re-up prospectreport dateinference
    Circle of Service Foundation holds VOLITION CAPITAL FUND V, L.P.; the manager is raising: Volition Capital Fund VI, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graph
    with Volition Capital LLCno URL
  • Sep 16, 2026Re-up prospectreport dateinference
    Circle of Service Foundation holds PEAKSPAN CAPITAL GROWTH PARTNERS III, L.P.; the manager is raising: PeakSpan Capital Growth Partners IV-A, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graph
    with Peakspan Capital Management, LLCno URL
  • Apr 20, 2026Re-up prospectinference
    Circle of Service Foundation holds ECLIPSE FUND V, L.P.; the manager has a newer fund open: Eclipse Partners Fund VI, L.P. (newly closed, Form D first sale 2026-04-20); no commitment to it on the graph
    with Eclipse Ventures, LLCno URL
  • Apr 17, 2025Re-up prospectinference
    Circle of Service Foundation holds UNCORK VI, L.P.; the manager has a newer fund open: Uncork VIII, L.P. (newly closed, Form D first sale 2025-04-17); no commitment to it on the graph; 1 fund(s) of the series between them not held either
    with Uncork Capitalno URL