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Firms / P•••••• C•••••• L••

P•••••• C•••••• L••

Private equity with venture activity · probableScottsdale, AZp•••••••••.comSEC registered investment adviser

••• Locked

registered adviser; venture funds are 0% of 6 private funds

Importance
16
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
98
high
Research priority
3
low
Identity and regulatory footprint
Headquarters
Scottsdale, AZadviserinfo.sec.gov
Office address
••• Lockedadviserinfo.sec.gov
Business phone
••• Lockedadviserinfo.sec.gov
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Aug 1, 2024
Private funds reported
6 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$163Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$163Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
10
Owners on Schedule A
B•••••• P••••••••• L•• (Member), B; A•••••••• C•••••• V•••••••• L•• (Manager/Member), E
business phone
844-772-8284adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
enterprise software, climate
Stages
not stated or not yet read
Geography
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 n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
3 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
P•••••• I••••••••• M••••• F••• V• L•Feeder or parallel · ADV: Private Equity Fund2020 form d first saleMature$0
Aug 1, 2024
39$10.5M
of $200M
Dec 13, 2023
P•••••• I••••••••• F••• I• L•Fund · ADV: Private Equity Fund2019 form d first saleMature$96.2M
Aug 1, 2024
185$97.2M
of $100M
Apr 14, 2021
P•••••• I••••••••• F••• I•• L••Fund · ADV: Private Equity Fund2016 form d first saleHarvest$600,000
Aug 1, 2024
31$5.6M
of $10.0M
Jun 23, 2017
P•••••• S•• I•• L••SPV or co-invest vehicle · ADV: Private Equity Fund2020 adv first reportedWound down$45.2M
Mar 30, 2022
1unknownunknown
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
3 current, 0 departed
Investments on record
0 edges, 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.
Co-investors
0 relationships from shared deals, counted 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.
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
7 dated events
  1. Jun 1, 2024
    G•••••• R••• D•••••• joined Schedule A of P•••••• C•••••• L•• as Chief Compliance Officer
  2. Mar 29, 2023
    P•••••• S•• I•• L•• no longer reported on Form ADV by P•••••• C•••••• L••
  3. Mar 29, 2021
    P•••••• I••••••••• M••••• F••• V• L• first reported on Form ADV by P•••••• C•••••• L•• (Private Equity Fund), GAV $8,470,266
  4. Apr 21, 2020
    P•••••• I••••••••• F••• I• L• first reported on Form ADV by P•••••• C•••••• L•• (Private Equity Fund), GAV $43,800,000
  5. Apr 21, 2020
    P•••••• S•• I•• L•• first reported on Form ADV by P•••••• C•••••• L•• (Private Equity Fund), GAV $30,000,000
  6. Mar 5, 2019
    P•••••• I••••••••• F••• I•• L•• first reported on Form ADV by P•••••• C•••••• L•• (Private Equity Fund), GAV $3,500,000
  7. Mar 5, 2019
    P•••••• C•••••• L•• first filed Form ADV (ERA)
Classification history
  1. Sep 12, 2026
    Private equity with venture activity (probable, 75%, cls-1)
    registered adviser; venture funds are 0% of 6 private funds
Evidence
34 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_adviserAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2019-03-05Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Adv history loadedadv-hist-1Sep 12, 2026FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Latest Form ADV filing2024-08-01Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds0Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone••• LockedAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Description••• Locked
••• Locked
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Description••• Locked
••• Locked
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Employees10Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersScottsdale, AZAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address••• LockedAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Portfolio pagehttps://p•••••••••.com/
0 entries read
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Portfolio pagehttps://p•••••••••.com/
0 entries read
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Private funds reported6Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private fund gross assets (reported)$163MAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$163MAug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated geographyglobal
geography words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated geographyglobal
geography words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsenterprise_software,climate
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsenterprise_software,climate
sector words on the home page
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://p•••••••••.com/Aug 1, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site title••• Locked
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site title••• Locked
title tag
Sep 12, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)