Acrew Capital Management, L.P.

Multi-stage venture firmSEC venture capital fund adviser· San Francisco, Californiaacrewcapital.com

Multi-stage venture firm, based in San Francisco, California, reporting $1.2B of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$1.2B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
3
Investment team
9
Latest vintage
2024
Contact decision makers
More
Ask DFX about thisView relationshipsFind contactsInvestments (30)Team (23)Funds
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

21 additional team members, 37 additional co-investors and affiliates, 40 additional investments, funds and LPs, 7 events, 4 verified contacts (2 professional url, 1 general firm email, 1 firm phone)

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

  1. 3 companies
    new in 12 months

    3 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 16 Jul 2026 ($24.1M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  3. 3 deals
    with Union Square Ventures

    Invests most often alongside Union Square Ventures (3 shared deals) and Khosla Ventures (2 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Asad Khaliq
    Founding Partner
    Why: Founder of the firm
    No route on file yet
  • Lauren Kolodny
    Founding Partner
    Why: Founder of the firm
    No route on file yet
  • Mark Kraynak
    Founding Partner
    Why: Founder of the firm
    No route on file yet

Relationship network

106 connected entities2 observed rounds1 dated round shown here, 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people 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.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Acrew Capital Management, L.P.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Acrew Capital Management, L.P.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

30 companies on record, 3 new in 12 months
Investments on record
30 companies, 1 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Formularyportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Company website
AI & ML Earlyportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
AI & ML Growthportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Stated thesis versus observed behaviour
29 observed deals
Stated (the firm’s website)
Sectors
space
Stages
seed, series a, series b, growth, early
Geography
not stated
Check size
$1.0M to $15.0M stated by the firm
“Check size $1-15 MM”
Observed (from deals on record)
Stage at participation
series a 100%
Stage at first entry
series a 100%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 50%follow-on rate 0%new companies, 12 months 3

Team

23 current, 1 departed
Decision makers
who to call first, and why; then everyone else by function
  • Asad Khaliq · Founding Partner
    Why this person: Founder of the firm; Named with investment responsibility
  • Lauren Kolodny · Founding Partner
    Why this person: Founder of the firm; Named with investment responsibility
  • Mark Kraynak · Founding Partner
    Why this person: Founder of the firm; 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. 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.

Investment team
23 current, 1 departed
Contacts
1 general firm email, 1 firm phone, 2 professional url

1 general firm email, 1 firm phone, 2 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

9 vehicles, 1 LPs disclosed
Funds and vehicles
9 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Acrew Capital Fund III, L.P.Fund2024 adv first reportedEarly deployment$374M
Mar 30, 2026
87$0May 17, 2023
Equip Opportunities Fund, L.P.Opportunity fund2024 adv first reportedEarly deployment$208M
Mar 30, 2026
1$0Jul 10, 2023
Acrew Capital Fund II Av, L.P.Fund2023 adv first reportedActive deployment$6.0M
Mar 30, 2026
77unknownunknown
Limited partners
1 LPs, 2 disclosed commitments
Known LPs and allocators
11 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMEquip Opportunities Fund, L.P.$200M
committed
reported as of Dec 31, 2025Fact Pension disclosure
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEMAcrew Capital Fund III, L.P.$70.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Eugene and Marilyn Glick Foundation CorporationFOUNDATIONACREW CAPITAL FUND at Acrew Capital Management, L.P.$4.0M
fair value on the foundation's return
reported as of Nov 30, 2025Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

49 co-investors · on 2 other DFX graphs
Co-investors
49 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs · 27 capital paths Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

Acrew Capital Management, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 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…

Capital chain

Acrew Capital Management, L.P. sits on 27 traced paths of capital across the graphs.

Allocator commitments to a managerAllocator to VC fund to manager to company

DFX traced 27 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

12 dated events, 71 observations from 3 sources
Timeline
12 dated events
  1. Mar 29, 2024
    Equip Opportunities Fund, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $104,500,000
    Fund first reported on Form ADVFundsFactEquip Opportunities Fund, L.P.Form ADV
  2. Mar 29, 2024
    Acrew Capital Fund III, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $371,950,000
    Fund first reported on Form ADVFundsFactAcrew Capital Fund III, L.P.Form ADV
  3. Mar 31, 2023
    Acrew Capital Executive Fund II Av, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $175,201
    Fund first reported on Form ADVFundsFactAcrew Capital Executive Fund II Av, L.P.Form ADV
  4. Mar 31, 2023
    Acrew Capital Fund II Av, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $3,262,961
    Fund first reported on Form ADVFundsFactAcrew Capital Fund II Av, L.P.Form ADV
  5. Mar 25, 2022
    Acrew Capital Fund II, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $332,300,544
    Fund first reported on Form ADVFundsFactAcrew Capital Fund II, L.P.Form ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 9 private fundsShow

Website description: Defining the future of venture.

Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
Website
acrewcapital.com
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 30, 2026
Private funds reported
9 (9 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Acrew Capital Management Co., LLC (General Partner), owns under 5%; Sglg 2012 Living Trust (Limited Partner), owns 50% to 75%; Kolodny Houff Revocable Trust Created U/d/t Dated April 6, 2020 (Limited Partner), owns 50% to 75%
Classification history
Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.2B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.2B
Evidence
71 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 30, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 29, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 30, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 29, 2024FactForm ADV
First Form ADV filing2020-02-14Mar 30, 2026FactForm ADV
First Form ADV filing2020-02-14Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusERA - ActiveMar 30, 2026FactForm ADV
SEC status effective2020-02-14Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 30, 2026FactForm ADV
Venture share of reported funds1Mar 29, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
DescriptionSep 30, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 12, 2026Factno URL
HeadquartersSan Francisco, CAMar 30, 2026FactForm ADV
HeadquartersSan Francisco, CAMar 29, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Legal formLimited PartnershipMar 30, 2026FactForm ADV
Legal formLimited PartnershipMar 29, 2024FactForm ADV
Portfolio pageSep 30, 2026Factno URL
Portfolio pageSep 16, 2026Factno URL
Portfolio pageSep 12, 2026Factno URL
Private funds reported9Mar 30, 2026FactForm ADV
Private funds reported9Mar 30, 2026FactForm ADV
Private funds reported9Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$1.2BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$1.2BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$1.2BMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Sep 14, 2026FactForm ADV
Stated check (high)$15.0M
“Check size $1-15 MM”
Sep 30, 2026Factno URL
Stated check (high)$15.0M
“Check size $1-15 MM”
Sep 16, 2026Factno URL
Stated check (high)$15.0M
“Check size $1-15 MM”
Sep 12, 2026Factno URL
Stated check (low)$1.0M
“Check size $1-15 MM”
Sep 30, 2026Factno URL
Stated check (low)$1.0M
“Check size $1-15 MM”
Sep 16, 2026Factno URL
Stated check (low)$1.0M
“Check size $1-15 MM”
Sep 12, 2026Factno URL
Stated sectorsspace
“sector words on the home page”
Sep 30, 2026Factno URL
Stated sectorsspace
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsspace
“sector words on the home page”
Sep 12, 2026Factno URL
Stated stagesSeed, series a, series b, growth, early
“stage words on the home page”
Sep 30, 2026Factno URL
Stated stagesSeed, series a, series b, growth, early
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesSeed, series a, series b, growth, early
“stage words on the home page”
Sep 12, 2026Factno URL
Team pageSep 30, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 12, 2026Factno URL
Venture funds reported9Mar 30, 2026FactForm ADV
Venture funds reported9Mar 30, 2026FactForm ADV
Venture funds reported9Mar 29, 2024FactForm ADV
WebsiteMar 30, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleSep 30, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 12, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 2 filing advisers share this firmShow
Importance
60
high
Active deployment
36
elevated
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.2B

This firm files as 2 advisers on acrewcapital.com: Acrew Diversify Capital Management, L.P.. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: $1 · funds: 0.75 · people: 0.36 · investments: 0.54 · co investors: 0.68
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-07-30
emerging manager
fund count: 9 · reported gav: $1.2B · first adv filing: 2020-02-14 · years since first filing: 6.6

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

1 scored match, best firstas of
  • score 20.4confidence 80%
    Why: activity; cap table

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 identity change, 1 dated event on the change ledger, latest event first
  • Merged in
    2026-09-14
  • Adviser's first ADV filing
    2020-02-14source 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.