Akkadian Ventures, Inc.
We solve complex capital challenges by designing solutions that align with your unique growth journey.
- Regulatory AUM
- $841M
- PE fund assets
- $837M
- PE funds
- 18
- Investments held
- 43 of 44
11 additional team members, 2 additional counterparties and placement agents, 68 additional funds, deals and LP commitments
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +3funds on Form ADV
Private equity funds on its Form ADV went from 15 to 18 (+3).
New vehicles are a new flagship's feeders, parallels and co-invest sleeves being stood up: capacity arriving before the capital is announced.
People to know
View all people- Co-founder & Managing DirectorWhy: Founder of the firmProfile
- PartnerWhy: Partner: part of the investment decisionProfile
- Shareholder, Director And CeoWhy: Runs the firm (chief executive or president)No route on file yet
Capital path
who backs this record, through what, into what; each name opens its own path- Akkadian Ventures Annex VI, LPvintage 2024
- Caa-Akkadian Ventures Annex VI, LPvintage 2023
- Hamilton Miller Investments, LLCplacement agent, 14 shared
- Silver Leaf Partners, LLCplacement agent, 4 shared
- Harpeth Securities, LLCplacement agent, 2 shared
Relationship network
89 connected entities
From announced deals and their parties, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the private equity graph. Dollar figures appear only where a source disclosed one.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the deals and sources behind it. Line weight is deals together; dashed lines are inferred.
- Company
- Service provider
- Fund or vehicle
- Person
›How strength and recency are read
Strength is read from the deals: three or more is a strong observed relationship, two a repeat counterparty, one a single interaction. People and vehicles are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Classification, Form ADV and stated criteria
Classification, Form ADV and stated criteria
How this organization is classified, and on what basisSecondaries manager · 2 in historyShowHide
- Class
- Secondaries managerprobable, confidence 70%
- Basis
- 13 of 25 private equity vehicles are named continuation vehicle
- Size band
- Lower middle marketdefined by: proxy: $0.84bn Private Equity Fund GAV on the Form ADV filed 2026-04-30
- Strategies
- Secondaries
Classification history (2)
- Sep 23, 2026Secondaries manager (probable, 70%)13 of 25 private equity vehicles are named continuation vehicle
- Sep 13, 2026Buyout firm (confirmed, 85%)24 of 24 distinct vehicles are sworn Private Equity Funds; 16 reported gross assets on a filing in 2022 or later
Regulatory footprint (Form ADV)RAUM $841M · 18 PE funds · filed Apr 30, 2026ShowHide
- Adviser type
- Registered investment adviser
- Form ADV filings
- Nov 19, 2014 to Apr 30, 2026
- RAUM
- $841Mregulatory assets under management of the adviser; not dry powder, not a fund size
- PE funds, latest filing
- 18
- PE fund GAV, latest filing
- $837Mreported gross assets (Form ADV), not fund size
- All private fund GAV
- $837Mevery private fund type, latest filing
- 2024 PE fund GAV
- $840Msum over funds typed Private Equity Fund with a 2024 or later as-of date
- PE share of funds, lifetime
- 100%
- Fund type mix
- Private equity fund: 18 funds, $837M reported gross assets, 28 ever reported
- Employees
- 9
- Headquarters
- San Francisco, CA
Stated criteria beside observed behaviourno criteria stated · 44 observed dealsShowHide
- Sectors
- not stated or not yet read
- Geography
- not stated or not yet read
- Revenue
- not stated or not yet read
- EBITDA
- not stated or not yet read
- Enterprise value
- not stated or not yet read
- Equity check
- not stated or not yet read
- Control
- not stated or not yet read
- Thesis
- not stated or not yet read
- On record
- 44 companies, 44 holdings
- Period
- 2010 (1 dated observation, 43 holdings undated)
- Most deals
- Software (9 of 44, e.g. Navan and Lithium), media telecom (2 of 44), financial services (1 of 44) and 1 more
- Subsectors
- Software (6 of 44), vertical software (3 of 44), media telecom (2 of 44), financial services (1 of 44) and 1 more
- Deal roles
- 44 with role not stated
- Control
- 44 not stated
- Where
- Ca (1 of 44), il (1 of 44)
44 companies on the graph (0 transactions); most in software (9); observed 2010 to 2010
Funds
How vehicles are groupedFeeders, parallels, executive funds, alternative investment vehicles and lettered sleeves are folded under the fund they belong to, read from the vehicle names. Deal-by-deal co-investment vehicles are pooled. Current funds come first: families are ordered by vintage, newest first, among those holding at least a twentieth of the largest family’s assets, then by size. The figure is the sum of each vehicle’s latest reported gross assets on Form ADV, not a fund size.Akkadian Ventures Annex VI · 1 vehicle · vintage 2024$60.6M
- Akkadian Ventures Annex VI Continuation vehicle · 2024$60.6M
Caa-Akkadian Ventures Annex VI · 2 vehicles · vintage 2023$35.2M
- Caa-Akkadian Ventures Annex VI Fund of funds · 2023$20.0M
- Caa-Akkadian Ventures Annex VI - Class 2 Continuation vehicle · 2022$15.2M
Decision makers
- Ben Black · Co-founder & Managing DirectorWhy this person: Founder of the firm; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-16, confidence 90%
- Craig Nolan · PartnerWhy this person: Partner: part of the investment decision; Named with investment responsibilityLinkedIn or profile link on file (firm website), confirmed 2026-09-16, confidence 90%
- Benjamin David Black · Shareholder, Director And CeoWhy this person: Runs the firm (chief executive or president); Named with investment responsibility
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Team
Where the team comes fromEach row names its source in short; hover the source for its full description. Sources on this list: Investment organization websites (team, portfolio, strategy, criteria, news); SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites). A person named by two sources under two spellings is shown once, with both sources.- Co-founder & Managing Director
- Shareholder, Director And Ceo · since Sep 1, 2013
- Partner
Deals
How deals are mergedOne row per deal. A portfolio relationship and a transaction that describe the same deal (the same transaction, or the same company on the same date) are printed once, with the columns of both. 44 portfolio relationships and 0 transactions are on this record.| Date | Company | Deal | This firm’s role | Status | Partner | Source |
|---|---|---|---|---|---|---|
| Jun 25, 2010 form d related person first sale | Docusign | Portfolio relationship | Role unknown | active held 16.3 years | unknown | Fact Firm website |
| date unknown | Offerup | Portfolio relationship | Role unknown | active | unknown | Fact Firm website |
| date unknown | Prosper | Portfolio relationship | Role unknown | active | unknown | Fact Firm website |
Portfolio credit
Where these figures come fromPortfolio companies matched to a BDC borrower by an identity-graded bridge, read from each BDC’s own schedule of investments: the lenders’ marks, their accrual footnotes, PIK and maturities. Observed, never forecast. Firms whose own BDC lends to the company are left out.- Principal held
- n/a
- 0 lenders
- Weighted mark
- n/a
- on cost
- Non-accrual now
- 0
- 0 placed at Jun 30, 2026
- Marked down
- 0
- 2 pts or more on the quarter
- Maturing in 12 months
- 0
- none stated
- 2 portfolio companies on a BDC schedule at Jun 30, 2026: 0 with ownership stated current, 2 listed on a portfolio page with no date or status.
Show the credit outlook: 2 borrowers, 0 lenders, 0 quartersas of Jun 30, 2026
2 borrowers are in every figure above and named with Private Credit Intelligence.
- A mark is the lender's own fair value over cost for the quarter. Below 90 means the lender carries the loan at a discount of 10 or more on the dollar; it is that lender's valuation, not DFX's.
- Two lenders on the same facility 10 points apart are valuing the same loan differently; which one is right is not something a schedule of investments says.
- Non-accrual is read from the BDC's own footnote, never inferred from a mark. PIK is interest the borrower pays in more debt rather than cash.
- No forecast is made here. DFX does not publish a default or distress prediction for a sponsor.
Population: portfolio companies matched to a BDC borrower by an identity-graded bridge, on a BDC schedule of investments at Jun 30, 2026, ownership not recorded as exited. Firms whose own BDC lends to the company, and private credit managers, are left out: that is lending, not ownership. Marks, principal and accrual status are the BDCs' own filed figures; the quarter before is Mar 31, 2026.
Placement agents, lenders, advisers and co-investors
- Hamilton Miller Investments, LLC 14 shared · very strong · last Oct 7, 2021
- Silver Leaf Partners, LLC 4 shared · strong · last Mar 21, 2024
- Harpeth Securities, LLC 2 shared · recurring · last Feb 9, 2021
LP commitments
How LPs are totalledOne line per LP, largest disclosed total first. A commitment that the same LP reports again in a later document is counted once in its total; both documents stay in the full list. Rows repeated line for line from one document are shown once.Events
Akkadian Ventures, Inc. is the same institution as 3 records in Independent Sponsors, RIA and Wealth and Private Credit.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
- PE fund count changed2026-04-30source on record
- Adviser first ADV filing2014-11-19source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
Not yet on record: deals, last 12 months.