Welkin Capital Management Limited

Private equity with venture activitySEC exempt reporting adviserClassification probable· Grand Caymanwelkincapital.com

Welkin Capital Management is an Asian investment house with deep industrialist roots. The firm manages its own capital and funds for global institutions across Corporate Buyouts, Venture & Growth, Real Assets and Investment Solutions, partnering with founders and operators to build businesses of enduring value.

In the firm's own words, from its website.

Reported fund assets
$161M
sum of its funds' Form ADV filings, last 30 months
Investment team
10
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

6 additional team members, 5 verified contacts (4 general firm email, 1 published business email)

Every relationship, signal and contact on this record, with the source on each.

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

Nothing material in the last 180 days.

People to know

View all people
  • President & Partner, Real Assets
    Why: Runs the firm (chief executive or president)
    No route on file yet
  • Partner, Venture & Growth
    Why: Partner: part of the investment decision
    No route on file yet
  • Partner, Corporate Buyouts
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

10 connected entities

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
  • Fund or vehicle
  • Person
›How strength and recency are read

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 Welkin Capital Management Limited: 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 Welkin Capital Management Limited

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

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
ai, enterprise software, hardware, robotics, industrial
Stages
not stated or not yet read
Geography
asia, global
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: no observed deals yet
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

12 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Christopher Fong · President & Partner, Real Assets
    Why this person: Runs the firm (chief executive or president); Named with investment responsibility
  • David Chang · Partner, Venture & Growth
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Jason Koo · Partner, Corporate Buyouts
    Why this person: Partner: part of the investment decision; 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

12 current, 0 departed

Contacts

4 general firm email, 1 published business email

4 general firm email, 1 published business email on record, each with its source. Values open with the complete profile.

Funds and LPs

1 vehicle, 0 LPs disclosed

Funds and vehicles

1 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Welkin Capital Partners II, L.P.FundunknownUnknown$161M
Mar 27, 2026
11unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 1 other DFX graph

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph Show
Across DFX
  • The same institution is held on Private Equity, matched by identifier. See which records
Across the graphs

Welkin Capital Management Limited is the same institution as 1 record in Private Equity.

Private Equity1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Evidence and history

1 dated event, 28 observations from 2 sources

Timeline

1 dated events
  1. seen on or beforeSep 24, 2026
    Welkin Capital Management Limited: INSTITUTIONAL_VC -> PE_WITH_VENTURE_ACTIVITY (exempt reporting adviser (private fund exemption); venture funds are 25% of 1 private funds)
    Classification changedClassificationInference

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 27, 2026 · 1 private fundsShow
Headquarters
unknown
Office address
unknown
Business phone
unknown
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 27, 2026
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$161Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 24, 2026
    Private equity with venture activity (probable, 75%)
    Exempt reporting adviser (private fund exemption); venture funds are 25% of 1 private funds
  2. Sep 23, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $161M across 1 vehicle

Evidence

29 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeExempt reporting adviserMar 27, 2026FactForm ADV
First Form ADV filing2017-01-03Mar 27, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm 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
Latest Form ADV filing2026-03-27Mar 27, 2026FactForm ADV
Venture share of reported funds0Mar 27, 2026FactForm ADV
Contact page urlOct 1, 2026Fact
Contact page urlSep 23, 2026Fact
DescriptionOct 1, 2026Fact
DescriptionSep 23, 2026Fact
Portfolio pageOct 1, 2026Fact
Portfolio pageSep 23, 2026Fact
Private funds reported1Mar 27, 2026FactForm ADV
Private fund gross assets (reported)$161MMar 27, 2026FactForm ADV
Schedule a diffsadiff-1Mar 27, 2026FactForm ADV
Stated geographyAsia, global
“geography words on the home page”
Oct 1, 2026Fact
Stated geographyAsia, global
“geography words on the home page”
Sep 23, 2026Fact
Stated sectorsAI, enterprise software, hardware, robotics, industrial
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsAI, enterprise software, hardware, robotics, industrial
“sector words on the home page”
Sep 23, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 23, 2026Fact
Venture funds reported1Mar 27, 2026FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 23, 2026Fact
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShow
Importance
20
moderate
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Private equity with venture activity · probableSEC exempt reporting adviser

Exempt reporting adviser (private fund exemption); venture funds are 25% of 1 private funds

The inputs behind each score
importance
gav: 0.37 · funds: 0.08 · people: 0.4 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 1 fund, $161M of $161M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 1 · reported gav: $161M · first adv filing: not scored · years since first filing: not scored

Fits, record history and connections

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

Record history

1 dated event on the change ledger, latest event first
  • Organization classification changed
    2026-09-24

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: new companies, 12 mo, latest vintage.