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.
The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.
Firms / L•••••• C•••••• M••••••••• I••
L•••••• C•••••• M••••••••• I••
Private equity with venture activity · probableNorthbrook, ILl•••••••••SEC registered investment adviser
registered adviser; venture funds are 5% of 19 private funds
Importance
2
low
Active deployment
0
low
Emerging
0
low
Completeness
38
elevated
Freshness
97
high
Research priority
1
low
Identity and regulatory footprint
- Headquarters
- Northbrook, ILadviserinfo.sec.gov
- Office address
- 3000 DUNDEE RD STE 101, Northbrook, IL, 60062adviserinfo.sec.gov
- Business phone
- 847-205-1300adviserinfo.sec.gov
- Website
- H•••••••••
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 13, 2015
- Private funds reported
- 19 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $99.5Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $188Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 7
- Owners on Schedule A
- W•••••• S• L•••••• D••••••••• o• T•••• U•••• A•••• 1•• 2••• (Owns 100% Of The Common Stock), E
- business phone
- 847-205-1300adviserinfo.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
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| T•••• P••••••• L•• | Fund · ADV: Private Equity Fund | unknown | Unknown | $2.8M Mar 29, 2024 | 37 | unknown | unknown |
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
4 current, 3 departed
L•••• H• L••••••
Board or advisoryTrustee · since Feb 1, 2014
P•••••• E••••• L•••••
Founder or executivePresident · since May 1, 2014
D•••• A•• P••••••
Platform and operationsExec. Vice President & Asst Secretary, Interim Cco · since Mar 1, 1990
R••••• P••• H••••••
PrincipalDirector · since May 1, 2014
3 departed (kept with end dates)
- J•••• R•••• L•••••• · Trustee · Dec 1, 1999 to Nov 10, 2014 Inference
- P••••• L••• D••••• · Vice President-Operations & Asst. Secretary · Jan 1, 2008 to Mar 28, 2013 Inference
- W•••••• L•••••• · President, Director, Treasurer, Chief Compliance Officer - Owns Of 100% Of Common Stock · Jul 1, 1985 to Mar 28, 2014 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
7 dated events
- Nov 10, 2014J•••• R•••• L•••••• (Trustee) no longer on Schedule A of L•••••• C•••••• M••••••••• I••
- May 1, 2014R••••• P••• H•••••• joined Schedule A of L•••••• C•••••• M••••••••• I•• as Director
- May 1, 2014P•••••• E••••• L••••• joined Schedule A of L•••••• C•••••• M••••••••• I•• as President
- Mar 28, 2014W•••••• L•••••• (President, Director, Treasurer, Chief Compliance Officer - Owns Of 100% Of Common Stock) no longer on Schedule A of L•••••• C•••••• M••••••••• I••
- Mar 28, 2013P••••• L••• D••••• (Vice President-Operations & Asst. Secretary) no longer on Schedule A of L•••••• C•••••• M••••••••• I••
- Mar 29, 2012L•••••• C•••••• M••••••••• I•• first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012T•••• P••••••• L•• first reported on Form ADV by L•••••• C•••••• M••••••••• I•• (Venture Capital Fund), GAV $12,756,210Fund first reported on Form ADVFundsFactT•••• P••••••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 5% of 19 private funds
Evidence
19 observations from 1 source