DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Mangrove Capital Partners S.A.
Mangrove Capital Partners S.A.
venture manager, reported GAV $876M across 4 vehicles
Importance
30
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
100
high
Research priority
6
low
Identity and regulatory footprint
- Headquarters
- Luxembourg, Luxembourgadviserinfo.sec.gov
- Office address
- 31, BOULEVARD JOSEPH II, Luxembourg, L-1840adviserinfo.sec.gov
- Business phone
- 352 26 25 34 1adviserinfo.sec.gov
- Website
- WWW.MANGROVE-VC.COM
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 29, 2024
- Private funds reported
- 4 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $876Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- Ikodomos Holding, Sa-Spf (Shareholder), E
- business phone
- 352 26 25 34 1adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
1 observed deals
Stated (the firm’s website)
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Other Technology 100%
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
4 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Mangrove VI (sca), Raif | Fund | 2021 form d first sale | Mature | $89.2M Mar 29, 2024 | 57 | $46.7M | Jun 21, 2021 |
| Mangrove V (sca), Raif | Fund | 2017 form d first sale | Harvest | $373M Mar 29, 2024 | 39 | $81.3M | Oct 26, 2017 |
| Mangrove IV S.C.A. Sicar | Fund | 2015 adv first reported | Harvest | $332M Mar 29, 2024 | 23 | unknown | unknown |
| Mangrove III S.C.A. Sicar | Fund | unknown | Unknown | $82.0M Mar 29, 2024 | 30 | unknown | unknown |
| Mangrove II S.C.A. Sicar | Fund | unknown | Wound down | $599,138 Mar 16, 2021 | 27 | unknown | unknown |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
8 current, 1 departed
Gerard Lopez
Managing partnerManaging Partner/Shareholder · since Mar 1, 2000
Hans-Jurgen Schmitz
Managing partnerManaging Partner Shareholder · since Mar 1, 2000
Mark Tluszcz
Managing partnerManaging Partner/Shareholder · since Mar 1, 2000
Edouard Lux
PartnerShareholder · since Sep 1, 1989
Eric Lux
PartnerShareholder · since Oct 1, 2004
Alexandra Bud
Platform and operationsChief Compliance Officer · since Dec 1, 2023
Marina Alanon Martinez
Platform and operationsChief Financial Officer · since Dec 1, 2023
Michael Rabinowicz
Platform and operationsChief Legal Officer · since Apr 1, 2014
1 departed (kept with end dates)
- Willibrord Ehses · Chief Financial Officer · Jan 1, 2006 to Mar 29, 2024 Inference
Investments on record
1 edges, 1 companies, 1 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| K Health, Inc. | board seat | unknown · board | Mark Tluszcz (strongly supported) | unknown | unknown | Jul 24, 2024 | Inference SEC EDGAR Form D data sets (quarterly) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
4 relationships from shared deals, counted for the whole firm
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
11 dated events
- Mar 29, 2024Willibrord Ehses (Chief Financial Officer) no longer on Schedule A of Mangrove Capital Partners S.A.
- Dec 1, 2023Alexandra Bud joined Schedule A of Mangrove Capital Partners S.A. as Chief Compliance Officer
- Dec 1, 2023Marina Alanon Martinez joined Schedule A of Mangrove Capital Partners S.A. as Chief Financial Officer
- Mar 21, 2022Mangrove VI (sca), Raif first reported on Form ADV by Mangrove Capital Partners S.A. (Venture Capital Fund), GAV $14,746,911Fund first reported on Form ADVFundsFactMangrove VI (sca), RaifSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 21, 2022Mangrove II S.C.A. Sicar no longer reported on Form ADV by Mangrove Capital Partners S.A.Fund no longer reportedFundsInferenceMangrove II S.C.A. SicarSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2018Mangrove V (sca), Raif first reported on Form ADV by Mangrove Capital Partners S.A. (Venture Capital Fund), GAV $9,270,000Fund first reported on Form ADVFundsFactMangrove V (sca), RaifSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 27, 2015Mangrove IV S.C.A. Sicar first reported on Form ADV by Mangrove Capital Partners S.A. (Venture Capital Fund), GAV $17,900,000Fund first reported on Form ADVFundsFactMangrove IV S.C.A. SicarSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 1, 2014Michael Rabinowicz joined Schedule A of Mangrove Capital Partners S.A. as Chief Legal Officer
- Mar 30, 2012Mangrove Capital Partners S.A. first filed Form ADV (ERA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Mangrove III S.C.A. Sicar first reported on Form ADV by Mangrove Capital Partners S.A. (Venture Capital Fund), GAV $141,000,000Fund first reported on Form ADVFundsFactMangrove III S.C.A. SicarSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2012Mangrove II S.C.A. Sicar first reported on Form ADV by Mangrove Capital Partners S.A. (Venture Capital Fund), GAV $166,000,000Fund first reported on Form ADVFundsFactMangrove II S.C.A. SicarSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Institutional venture firm (probable, 80%, cls-1)venture manager, reported GAV $876M across 4 vehicles
Evidence
31 observations from 2 sources