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.
Hillman Family Foundations: 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.
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 dateinferenceHillman Family Foundations holds SPARK CAPITAL VIII, L.P.; the manager is raising: Spark Capital IX, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith Spark Capitalno URL
- Sep 16, 2026Re-up prospectreport dateinferenceHillman Family Foundations holds SPARK CAPITAL GROWTH FUND V, L.P.; the manager is raising: Spark Capital Growth Fund VI, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith Spark Capitalno URL
- Sep 16, 2026Re-up prospectreport dateinferenceHillman Family Foundations holds TRUE VENTURES VIII, L.P.; the manager is raising: True Ventures IX, L.P. (fundraising, seen 2026-09-16); no commitment to it on the graphwith True Venturesno URL
- Jan 16, 2025Re-up prospectinferenceHillman Family Foundations holds MADRONA VENTURE FUND VII, L.P.; the manager has a newer fund open: Madrona Venture Fund X, L.P. (newly closed, Form D first sale 2025-01-16); no commitment to it on the graph; 2 fund(s) of the series between them not held eitherwith Madrona Venture Group, LLCno URL
- Dec 13, 2024Re-up prospectinferenceHillman Family Foundations holds THRIVE CAPITAL PARTNERS VIII GROWTH, L.P.; the manager has a newer fund open: Thrive Capital Partners IX Growth-C, LLC (newly closed, Form D first sale 2024-12-13); no commitment to it on the graphwith Thrive Capitalno URL
- Jul 31, 2024Re-up prospectinferenceHillman Family Foundations holds THRIVE CAPITAL PARTNERS VIII, L.P.; the manager has a newer fund open: Thrive Capital Partners IX, L.P. (early deployment, Form D first sale 2024-07-31); no commitment to it on the graphwith Thrive Capitalno URL