DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Two Sigma Ventures, LP

Former SEC-registered adviserNew York, New YorkCRD 295416SEC 801-113886websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Jul 24, 2018 · 23 filings
SEC status approved since Aug 21, 2018
RAUM
$2.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
36
14 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
15
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$2.2B as of Mar 31, 2026
Mar 29, 2019$454M then
HNW client RAUM$0 as of Mar 31, 2026
Mar 29, 2019$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 29, 20190 then
Employees (5.A)36 as of Mar 31, 2026
Mar 29, 201920 then
Private funds15 as of Mar 31, 2026
Mar 29, 20193 then
RAUM +31% over the last fiscal year+8.0% a year over threeIARs 0 to 0offices 1 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$148MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+31%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$2.0B, 15 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$2.2B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
15reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$2.0B for 15 clientsreported
Compensation
% of AUM, performancereported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      17 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Two Sigma Ventures III, LPPrivate Equity Fund$569M67Feb 26, 2019
      Two Sigma Ventures II, LLCVenture Capital Fund$326M5Feb 19, 2015
      Two Sigma Ventures IV, LPPrivate Equity Fund$320M100Mar 31, 2023
      Two Sigma Ventures I, LLCPrivate Equity Fund$130M1Mar 29, 2018
      Two Sigma Ventures Maple Fund I, LPVenture Capital Fund$94.0M2Mar 31, 2023
      Two Sigma Ventures Opportunity Fund II, LPPrivate Equity Fund$73.9M47Mar 31, 2023
      Two Sigma Ventures Opportunity Fund, LPVenture Capital Fund$31.6M21Mar 31, 2022
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 3Venture Capital Fund$4.8M4Mar 30, 2021
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 2Venture Capital Fund$3.2M1Mar 30, 2020
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 9Venture Capital Fund$2.0M6Mar 31, 2023
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 6Venture Capital Fund$1.7M2Mar 31, 2022
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 7Venture Capital Fund$1.4M3Mar 31, 2022
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 5Venture Capital Fund$1.3M4Mar 30, 2021
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 4Venture Capital Fund$1.2M5Mar 30, 2021
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 10Venture Capital Fund$637,9882Mar 31, 2023
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 1Venture Capital Fund$477,9592Mar 30, 2020
      Two Sigma Ventures Co-Invest Fund, LLC - Investment Series 8Venture Capital Fund$412,2182Mar 31, 2023
      Owners and control persons
      Schedule A and B, latest filing
      • Aaron Daniel Abelon · Partnercontrol
        since 07/2018 · owns less than 5%
      • Seamus Colin Beirne · Partnercontrol
        since 07/2018 · owns less than 5%
      • Tomilson James Hill · Chairmancontrol
        since 03/2021 · owns less than 5%
      • Albert John Overdeck · Trustee Of John A. Overdeck Revocable Trustcontrol
        since 12/2007 · owns 25% to 50%
      • Mark David Siegel · Trustee Of David M. Siegel Revocable Trustcontrol
        since 12/2007 · owns 25% to 50%
      • Albert John Overdeck · Trusteecontrol
        since 12/2007 · owns F of John A. Overdeck Revocable Trust
      • Mark David Siegel · Trusteecontrol
        since 12/2007 · owns F of David M. Siegel Revocable Trust
      • Roman Berger · Chief Compliance Officer
        since 08/2024 · owns less than 5%
      • Mayberry Carter Lyons · Chief Business Officer
        since 02/2020 · owns less than 5%
      • Hamilton Steve Metzger · General Counsel
        since 07/2023 · owns less than 5%
      • Vignesh Rajendran · Deputy Head Of Private Investments
        since 03/2021 · owns less than 5%
      Entity owners
      • David M. Siegel Revocable Trust · Limited Partner
        direct · owns 25% to 50%
      • John A. Overdeck Revocable Trust · Limited Partner
        direct · owns 25% to 50%
      • Two Sigma Management, LLC · General Partner
        direct · owns less than 5%
      • David M. Siegel Revocable Trust · Member
        indirect · owns 25% to 50% of Two Sigma Management, LLC
      • John A. Overdeck Revocable Trust · Member
        indirect · owns 25% to 50% of Two Sigma Management, LLC
      • Shinrai Ptc LLC · Trustee Of Sudachi Trust
        direct · owns 5% to 10%
      • Sudachi Trust · Limited Partner
        direct · owns 5% to 10%
      • Sunburst Trust · Limited Partner
        direct · owns 5% to 10%
      • Sunflower Ptc LLC · Trustee Of Sunburst Trust
        direct · owns 5% to 10%
      • Frontier Directed Fiduciary Services LLC · Trustee
        indirect · owns F of Sunflower Special Purpose Trust I
      • Frontier Fiduciary Directed Services LLC · Trustee
        indirect · owns F of Shinrai Special Purpose Trust I
      • Shinrai Ptc LLC · Trustee
        indirect · owns F of Sudachi Trust
      • Shinrai Special Purpose Trust I · Member
        indirect · owns 75% or more of Shinrai Ptc LLC
      • Shinrai Special Purpose Trust II · Manager
        indirect · owns F of Shinrai Ptc LLC
      • Sunflower Ptc LLC · Trustee
        indirect · owns F of Sunburst Trust
      • Sunflower Special Purpose Trust I · Member
        indirect · owns 75% or more of Sunflower Ptc LLC
      • Sunflower Special Purpose Trust II · Manager
        indirect · owns F of Sunflower Ptc LLC
      Related persons
      Schedule D 7.A
      • Sightway Capital I Gp, LP
        bankpooled vehicle sponsorn
      • Swc Mp Investments Gp, LP
        pooled vehicle sponsorn
      • Tspi, LP
        investment advisernRAUM $1.9B
      • Two Sigma Advisers, LP
        investment adviserbankpooled vehicle sponsornRAUM $74B
      • Two Sigma China Co., Ltd.
        investment adviserpooled vehicle sponsorn
      • Two Sigma Impact Co-Invest Cms Gp, LP
        pooled vehicle sponsorn
      • Two Sigma Impact Co-Invest Pf Gp, LP
        pooled vehicle sponsorn
      • Two Sigma Impact Fund Gp, LP
        pooled vehicle sponsorn
      • Two Sigma Institutional Partners, LLC
        pooled vehicle sponsorn
      • Two Sigma International Limited
        investment advisern
      • Two Sigma Investments, LP
        investment adviserbankpooled vehicle sponsornRAUM $233B
      • Two Sigma Investor Solutions, LP
        investment adviserbankn
      • Two Sigma Management, LLC
        pooled vehicle sponsory
      • Two Sigma Principals, LLC
        pooled vehicle sponsorn
      • Two Sigma Private Investments, LLC
        bankpooled vehicle sponsorn
      • Two Sigma Real Estate Gp I, LP
        pooled vehicle sponsorn
      • Two Sigma Real Estate Poc Gp I, LP
        pooled vehicle sponsorn
      • Two Sigma Real Estate Poc Gp II, LP
        pooled vehicle sponsorn
      • Two Sigma Real Estate Poc Gp III, LP
        pooled vehicle sponsorn
      • Two Sigma Real Estate Poc Gp IV, LP
        pooled vehicle sponsorn
      • Two Sigma Real Estate Poc Gp V, LP
        pooled vehicle sponsorn
      • Two Sigma Securities Uk Limited
        broker-dealern
      • Two Sigma Securities, LLC
        broker-dealern
      • Two Sigma Ventures Co-Invest Fund Gp, LLC
        pooled vehicle sponsorn
      • Two Sigma Ventures III Gp, LLC
        pooled vehicle sponsorn
      • Two Sigma Ventures IV Gp, LLC
        pooled vehicle sponsorn
      • Two Sigma Ventures Maple Fund I Gp, LLC
        pooled vehicle sponsorn
      • Two Sigma Ventures Opportunity Fund Gp, LLC
        pooled vehicle sponsorn
      • Two Sigma Ventures Opportunity Fund II Gp, LLC
        pooled vehicle sponsorn
      Advisers that list Two Sigma Ventures, LP as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • San Francisco, CA2 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 19 to 14
        Nov 7, 2025 to Mar 31, 2026
      • Assets in custody · $1.4B to $2.0B
        Nov 7, 2025 to Mar 31, 2026
      • Employees · 43 to 36
        Nov 7, 2025 to Mar 31, 2026
      • Other offices · 1 to 0
        Nov 7, 2025 to Mar 31, 2026
      • Discretionary RAUM · $1.7B to $2.2B
        Nov 7, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $1.7B to $2.2B
        Nov 7, 2025 to Mar 31, 2026
      • RAUM · $1.7B to $2.2B
        Nov 7, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 31, 2025 to Jun 2, 2025
      • Advisory employees · 18 to 19
        Jan 17, 2025 to Mar 31, 2025
      • Assets in custody · $0 to $1.4B
        Jan 17, 2025 to Mar 31, 2025
      • Employees · 61 to 43
        Jan 17, 2025 to Mar 31, 2025
      • Discretionary RAUM · $1.6B to $1.7B
        Jan 17, 2025 to Mar 31, 2025
      • Pooled vehicle RAUM · $1.6B to $1.7B
        Jan 17, 2025 to Mar 31, 2025
      • RAUM · $1.6B to $1.7B
        Jan 17, 2025 to Mar 31, 2025
      • Accounts · 17 to 15
        Jul 14, 2023 to Mar 28, 2024
      • Advisory employees · 16 to 18
        Jul 14, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 17 to 15
        Jul 14, 2023 to Mar 28, 2024
      • Employees · 65 to 61
        Jul 14, 2023 to Mar 28, 2024
      • Private funds · 17 to 15
        Jul 14, 2023 to Mar 28, 2024
      • Discretionary RAUM · $1.8B to $1.6B
        Jul 14, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $1.8B to $1.6B
        Jul 14, 2023 to Mar 28, 2024
      • RAUM · $1.8B to $1.6B
        Jul 14, 2023 to Mar 28, 2024
      • Accounts · 11 to 17
        Mar 31, 2022 to Mar 31, 2023
      • Advisory employees · 10 to 16
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle clients · 11 to 17
        Mar 31, 2022 to Mar 31, 2023
      • Employees · 56 to 65
        Mar 31, 2022 to Mar 31, 2023
      • Private funds · 11 to 17
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $1.6B to $1.8B
        Mar 31, 2022 to Mar 31, 2023
      • Pooled vehicle RAUM · $1.6B to $1.8B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $1.6B to $1.8B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 8 to 11
        Mar 31, 2021 to Mar 31, 2022
      • Advisory employees · 14 to 10
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle clients · 8 to 11
        Mar 31, 2021 to Mar 31, 2022
      • Employees · 26 to 56
        Mar 31, 2021 to Mar 31, 2022
      • Private funds · 8 to 11
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $866M to $1.6B
        Mar 31, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $866M to $1.6B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $866M to $1.6B
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 5 to 8
        Feb 5, 2021 to Mar 30, 2021
      • Advisory employees · 12 to 14
        Feb 5, 2021 to Mar 30, 2021
      Signals
      12 dated events
      • Two Sigma Ventures, Lp no longer on the SEC adviser roster (last listed 2026-07-01, RAUM $2.2B)
        Aug 3, 2026 · Left the SEC roster · derived
      • Two Sigma Ventures, Lp reported RAUM $2.2B, up 31% from $1.7B (2025-11-07 to 2026-03-31)
        Mar 31, 2026 · RAUM change · derived
      • Kirilov Velislav Iltchev (Partner) no longer on Schedule A of Two Sigma Ventures, Lp (listed 2024-05-31, absent 2024-08-09)
        Aug 9, 2024 · Control person left · inference
      • Two Sigma Ventures, Lp reported RAUM $1.6B, up 82% from $866.0M (2021-03-31 to 2022-03-31)
        Mar 31, 2022 · RAUM change · derived
      • T. Wray Thorn (Chairman And Venture Partner) no longer on Schedule A of Two Sigma Ventures, Lp (listed 2021-03-30, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • Tomilson James Hill (Chairman) appeared on Schedule A of Two Sigma Ventures, Lp
        Mar 30, 2021 · Control person joined · fact
      • Two Sigma Ventures, Lp reported RAUM $866.0M, up 36% from $636.2M (2021-02-05 to 2021-03-30)
        Mar 30, 2021 · RAUM change · derived
      • Marshall Lindsey Gray (Partner) no longer on Schedule A of Two Sigma Ventures, Lp (listed 2021-02-05, absent 2021-03-30)
        Mar 30, 2021 · Control person left · inference
      • Two Sigma Ventures, Lp reported RAUM $636.2M, up 40% from $454.4M (2020-01-13 to 2020-03-30)
        Mar 30, 2020 · RAUM change · derived
      • Kirilov Velislav Iltchev (Partner) appeared on Schedule A of Two Sigma Ventures, Lp
        Aug 21, 2019 · Control person joined · fact
      • Two Sigma Ventures, Lp reported RAUM $456.8M, up 45% from $314.2M (2018-11-21 to 2019-02-26)
        Feb 26, 2019 · RAUM change · derived
      • Two Sigma Ventures, Lp filed its initial SEC registration (Form ADV)
        Jul 24, 2018 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026