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 / First Capital Group Management Company, LLC

First Capital Group Management Company, LLC

Micro VC · probableSan Antonio, TXfirstcapitalgroup.comSEC exempt reporting adviser

venture manager, reported GAV $16.3M across 1 vehicles

Importance
5
low
Active deployment
0
low
Emerging
0
low
Completeness
44
elevated
Freshness
99
high
Research priority
2
low
Identity and regulatory footprint
Headquarters
San Antonio, TXadviserinfo.sec.gov
Office address
1100 NORTHEAST LOOP 410, STE. 300, San Antonio, TX, 78209adviserinfo.sec.gov
Business phone
210-736-4233adviserinfo.sec.gov
Website
HTTP://FIRSTCAPITALGROUP.COM
SEC adviser type
exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 26, 2024
Private funds reported
1 (1 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$16.3Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
business phone
210-736-4233adviserinfo.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
1 reported, 1 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
First Capital Group of Texas III, L.P.FundunknownUnknown$16.3M
Mar 26, 2024
21unknownunknown
First Capital Group Acquisition Partners, L.P.FundunknownWound down$1.7M
Mar 26, 2019
15unknownunknown
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
1 current, 1 departed
James Anderson O'Donnell
Managing Member · since Jan 1, 2002
Managing partner
FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
1 departed (kept with end dates)
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
5 dated events
  1. Mar 5, 2020
    First Capital Group Acquisition Partners, L.P. no longer reported on Form ADV by First Capital Group Management Company, LLC
    Fund no longer reportedFundsInferenceFirst Capital Group Acquisition Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Apr 1, 2015
    Jeffrey Paul Blanchard (Managing Member) no longer on Schedule A of First Capital Group Management Company, LLC
    Person leftPeopleInferenceJeffrey Paul BlanchardSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  3. Mar 28, 2012
    First Capital Group Management Company, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. Mar 28, 2012
    First Capital Group of Texas III, L.P. first reported on Form ADV by First Capital Group Management Company, LLC (Venture Capital Fund), GAV $67,662,040
    Fund first reported on Form ADVFundsFactFirst Capital Group of Texas III, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  5. Mar 28, 2012
    First Capital Group Acquisition Partners, L.P. first reported on Form ADV by First Capital Group Management Company, LLC (Venture Capital Fund), GAV $7,279,419
    Fund first reported on Form ADVFundsFactFirst Capital Group Acquisition Partners, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
  1. Sep 12, 2026
    Micro VC (probable, 80%, cls-1)
    venture manager, reported GAV $16.3M across 1 vehicles
Evidence
27 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeexempt_reporting_adviserMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2012-03-28Mar 26, 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 filing2024-03-26Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture share of reported funds1Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone210-736-4233Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersSan Antonio, TXMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address1100 NORTHEAST LOOP 410, STE. 300, San Antonio, TX, 78209Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Legal formLimited Liability CompanyMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported1Mar 26, 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)$16.3MMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Venture funds reported1Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTP://FIRSTCAPITALGROUP.COMMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Website statusunreachable
“home page did not answer with HTML”
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Website statusunreachable
“home page did not answer with HTML”
Sep 13, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)