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 / Alumni Fund Management Corp.
Alumni Fund Management Corp.
name or self-description names a university
Importance
17
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
50
elevated
Freshness
99
high
Research priority
11
low
Identity and regulatory footprint
- Headquarters
- Toronto, Ontario, Canadaadviserinfo.sec.gov
- Office address
- 22 ST. CLAIR AVE. EAST, SUITE 1500, Toronto, Ontario, M4T 2S3adviserinfo.sec.gov
- Business phone
- 415-650-5052adviserinfo.sec.gov
- Website
- HTTP://WWW.ALUMNIFUND.VC
- 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 28, 2024
- Private funds reported
- 7 (7 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $86.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- 415-650-5052adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
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: no observed deals yet
lead rate n/afollow-on rate n/anew logos, 12 months 0
Funds and vehicles
5 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Pioneer Fund LP | Fund | 2023 adv first reported | Active deployment | $44.8M Mar 28, 2024 | 105 | unknown | unknown |
| Pioneer Fund B, a Series of Pioneer Fund Syndicates, LLC | SPV or co-invest vehicle | 2019 form d first sale | Mature | $1.1M Mar 28, 2024 | 17 | $445,000 of $445,000 | Sep 4, 2019 |
| Pioneer Fund a, a Series of Pioneer Fund Syndicates, LLC | SPV or co-invest vehicle | 2019 form d first sale | Mature | $700,000 Mar 28, 2024 | 4 | $450,000 of $450,000 | Feb 13, 2019 |
| Pioneer Fund Ng, LLC, a Series of Pioneer Fund Syndicates, LLC | SPV or co-invest vehicle | 2019 form d first sale | Mature | $246,968 Mar 28, 2024 | 15 | $246,998 of $246,998 | Jul 9, 2019 |
| Pioneer Fund (U.S.) L.P. | Fund | unknown | Unknown | $28.2M Mar 28, 2024 | 164 | $0 | Feb 21, 2018 |
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
2 current, 1 departed
Jason David Garnett Gray
Managing partnerManaging Partner · since Sep 1, 2017
TIM Suzman
PartnerPartner · since Nov 1, 2018
1 departed (kept with end dates)
- Jared Heyman Lee · Partner · Sep 1, 2017 to Mar 28, 2019 Inference
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
10 dated events
- Mar 28, 2024Pioneer Fund C LP first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $2,473,848Fund first reported on Form ADVFundsFactPioneer Fund C LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024Pioneer Fund Ng, LLC, a Series of Pioneer Fund Syndicates, LLC first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $246,968
- Mar 28, 2024Pioneer Fund B, a Series of Pioneer Fund Syndicates, LLC first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $1,112,593Fund first reported on Form ADVFundsFactPioneer Fund B, a Series of Pioneer Fund Syndicates, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024Pioneer Fund a, a Series of Pioneer Fund Syndicates, LLC first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $700,000Fund first reported on Form ADVFundsFactPioneer Fund a, a Series of Pioneer Fund Syndicates, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2024Pioneer Fund C, a Series of Pioneer Fund Syndicates, LLC first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $8,743,480Fund first reported on Form ADVFundsFactPioneer Fund C, a Series of Pioneer Fund Syndicates, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 31, 2023Pioneer Fund LP first reported on Form ADV by Alumni Fund Management Corp. (Venture Capital Fund), GAV $43,839,877Fund first reported on Form ADVFundsFactPioneer Fund LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 28, 2019Jared Heyman Lee (Partner) no longer on Schedule A of Alumni Fund Management Corp.
- Nov 1, 2018TIM Suzman joined Schedule A of Alumni Fund Management Corp. as Partner
- Apr 5, 2018Alumni Fund Management Corp. 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)
- Apr 5, 2018Pioneer Fund (U.S.) L.P. first reported on Form ADV by Alumni Fund Management Corp. (Private Equity Fund), GAV $4,000,000Fund first reported on Form ADVFundsFactPioneer Fund (U.S.) L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026University-affiliated venture (confirmed, 95%, cls-1)name or self-description names a university
Evidence
23 observations from 2 sources