DFX Intelligence
Private Equity Intelligence
Firms, funds, people, portfolio companies and transactions from sworn filings and cited announcements, kept as a graph with a date and a source on every edge. Reported gross assets are never fund size, regulatory AUM is never dry powder, and a deal value prints only when someone disclosed it.
Funds / Varo Coinvestment, L.P.
Varo Coinvestment, L.P.
Amounts, each with its basis
- Vintage
- 2015basis: first reported on Form ADV
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- unknownwhat may be sold, not what was raised
- Form D sold
- unknownno Form D on record
- First sale
- unknown
- Reported gross assets
- $166MForm ADV, as of Jul 3, 2024; not fund size, not dry powder
- Peak reported gross assets
- $222Mhighest year on the reporting tape
- Owners (ADV)
- 18
- Reported on ADV
- Mar 30, 2015 to Jul 3, 2024
- Structure
- standalone
- Fund of funds (ADV)
- no
- Strategy
- Coinvestment
Lifecycle
Harvest
rule: gross assets at least 25% below peak and still fallingmodel: lc-pe-1gav path: 2017,166004417,2018,221567454,2019,207821033,2020,196453681,2021,169666575,2022,176157402,2023,213123455,2024,165620213peak gav: $222Mas of year: $2,024latest gav: $166Mreported years: 10last step change: -0.223age years at as of: 9drawdown from peak: 0.253first reported year: $2,015
Reported gross assets by year
10 annual rows
| Year | Filed | Type | Gross assets | Owners | Min. investment | Non-US owned | Source | |
|---|---|---|---|---|---|---|---|---|
| 2015 | May 13, 2015 | Private Equity Fund | $89.5M | 19 | $10.0M | 85% | adviserinfo.sec.gov | |
| 2016 | Apr 4, 2016 | Private Equity Fund | $158M | 18 | $10.0M | 85% | adviserinfo.sec.gov | |
| 2017 | Nov 14, 2017 | Private Equity Fund | $166M | 18 | $10.0M | 85% | adviserinfo.sec.gov | |
| 2018 | Mar 30, 2018 | Private Equity Fund | $222M | 18 | $10.0M | 85% | adviserinfo.sec.gov | |
| 2019 | Mar 29, 2019 | Private Equity Fund | $208M | 18 | $0 | 85% | adviserinfo.sec.gov | |
| 2020 | Oct 16, 2020 | Private Equity Fund | $196M | 18 | $0 | 36% | adviserinfo.sec.gov | |
| 2021 | Mar 31, 2021 | Private Equity Fund | $170M | 17 | $10.0M | 36% | adviserinfo.sec.gov | |
| 2022 | Aug 30, 2022 | Real Estate Fund | $176M | 18 | $10.0M | 32% | adviserinfo.sec.gov | |
| 2023 | Oct 4, 2023 | Real Estate Fund | $213M | 18 | $10.0M | 32% | adviserinfo.sec.gov | |
| 2024 | Jul 3, 2024 | Real Estate Fund | $166M | 18 | $10.0M | 32% | adviserinfo.sec.gov |
Placement agents and principals
6 placement agents, 0 principals
- Avalon Wealth Management LLC placement agent since Jan 1, 2015 Fact
- Financial Management Capital Sal placement agent since Jan 1, 2015 Fact
- Merrill Lynch Alternative Investments LLC placement agent since Jan 1, 2015 Fact
- North South Capital, LLC placement agent since Jan 1, 2015 Fact
- Provest Asset Management (suisse) S.A. placement agent since Jan 1, 2015 Fact
- TCG Securities, L.L.C. placement agent since Jan 1, 2015 Fact
Limited partners
0 disclosed
No LP commitment to this fund collected yet. An LP appears only when a public disclosure names this fund.
Investments attributed to this fund
0
No investment attributed to this fund. A firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Events
1 most recent
- Mar 30, 2015Varo Coinvestment, L.P. first reported on Form ADV by The Carlyle Group (Private Equity Fund), GAV $89,465,671Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)