Usca Asset Management LLC
Multi-stage venture firm, based in Houston, Texas, reporting $60.3M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
9 additional team members, 19 additional investments, funds and LPs, 40 events, 1 verified contact (1 firm phone)
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- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
- Managing PartnerWhy: Managing partner: runs the firmNo route on file yet
Relationship network
26 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.
- 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 Usca Asset Management LLC: 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 Usca Asset Management LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
0 companies on record, 0 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.Stated thesis versus observed behaviour
- 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
Team
4 current, 11 departed
Decision makers
- David Michael King · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility
- Patrick Michael Mendenhall · Managing PartnerWhy this person: Managing partner: runs the firm; Named with investment responsibility; Moved here from USCA ASSET MANAGEMENT LLC in Aug 2026
Who else at this firm · 1 person, grouped by function
- Kasey Lizann Dejonckheere · Chief Financial OfficerWhy this person: Chief Financial Officer at the firm
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
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Managing Partner
- Managing Partner
- Chief Financial Officer
11 departed (kept with end dates)
- David Lee Solomon · Member · Jan 1, 2008 to Oct 18, 2013 Inference
- Philip John Pilibosian · Member · Jan 1, 2008 to Oct 18, 2013 Inference
- Christopher Robert Arnold · Chief Financial Officer · Oct 1, 2017 to Nov 1, 2022 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
22 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Usca Fall Line Farms Fund III Segregated Portfolio | Fund | 2024 adv first reported | Early deployment | $4.0M Apr 24, 2026 | 11 | unknown | unknown |
| Usca Blank Ventures Fund I, LP Segregated Portfolio | Fund | 2023 adv first reported | Active deployment | $1.2M Apr 24, 2026 | 55 | unknown | unknown |
| Usca Escondido Fund II Segregated Portfolio | Fund | 2023 adv first reported | Active deployment | $970,871 Apr 24, 2026 | 55 | unknown | unknown |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
0 co-investors · on 1 other DFX graph
Co-investors
Across DFX and the capital chainon 1 other DFX graph ShowHide
- The same institution is held on RIA and Wealth, matched by identifier. See which records
Usca Asset Management LLC is the same institution as 1 record in RIA and Wealth.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Evidence and history
45 dated events, 102 observations from 3 sources
Timeline
- Mar 26, 2024Usca Fall Line Farms Fund III Segregated Portfolio first reported on Form ADV by Usca Asset Management LLC (Venture Capital Fund), GAV $4,050,000
- Mar 27, 2023Usca Blank Ventures Fund I, LP Segregated Portfolio first reported on Form ADV by Usca Asset Management LLC (Venture Capital Fund), GAV $2,000,000
- Mar 27, 2023Usca Contrary Capital IV Segregated Portfolio first reported on Form ADV by Usca Asset Management LLC (Venture Capital Fund), GAV $1,000,000
- Mar 27, 2023Usca Prime Movers Fund III Segregated Portfolio first reported on Form ADV by Usca Asset Management LLC (Venture Capital Fund), GAV $1,000,000
- Mar 27, 2023Usca Escondido Fund II Segregated Portfolio first reported on Form ADV by Usca Asset Management LLC (Venture Capital Fund), GAV $1,000,000
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Apr 24, 2026 · 24 private fundsShowHide
- Headquarters
- Houston, TXadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- USCALLC.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Apr 24, 2026
- Private funds reported
- 24 (22 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $132Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $132Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
- Owners on Schedule A
- Usca LLC (Sole Managing Member), owns 75% or more
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $60M
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $59M
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Apr 24, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Apr 24, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Apr 24, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Nov 21, 2024 | Fact | Form ADV |
| First Form ADV filing | 2011-12-07 | Apr 24, 2026 | Fact | Form ADV |
| First Form ADV filing | 2011-12-07 | Nov 21, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-30 | Oct 1, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-24 | Apr 24, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-04-24 | Apr 24, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-11-21 | Nov 21, 2024 | Fact | Form ADV |
| SEC status | Approved | Apr 24, 2026 | Fact | Form ADV |
| SEC status effective | 2005-11-18 | Apr 24, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Apr 24, 2026 | Fact | Form ADV |
| Venture share of reported funds | 1 | Nov 21, 2024 | Fact | Form ADV |
| Business phone | Apr 24, 2026 | Fact | Form ADV | |
| Business phone | Nov 21, 2024 | Fact | Form ADV | |
| Employees | 6 | Apr 24, 2026 | Fact | Form ADV |
| Employees | 6 | Nov 21, 2024 | Fact | Form ADV |
| Headquarters | Houston, TX | Apr 24, 2026 | Fact | Form ADV |
| Headquarters | Houston, TX | Nov 21, 2024 | Fact | Form ADV |
| Office address | Apr 24, 2026 | Fact | Form ADV | |
| Office address | Nov 21, 2024 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Apr 24, 2026 | Fact | Form ADV |
| Private funds reported | 24 | Apr 24, 2026 | Fact | Form ADV |
| Private funds reported | 24 | Apr 24, 2026 | Fact | Form ADV |
| Private funds reported | 24 | Nov 21, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $132M | Apr 24, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $132M | Apr 24, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $154M | Nov 21, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $132M | Apr 24, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $205M | Nov 21, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Apr 24, 2026 | Fact | Form ADV |
| Venture funds reported | 22 | Apr 24, 2026 | Fact | Form ADV |
| Venture funds reported | 22 | Apr 24, 2026 | Fact | Form ADV |
| Venture funds reported | 22 | Nov 21, 2024 | Fact | Form ADV |
| Website | Apr 24, 2026 | Fact | Form ADV | |
| Website | Nov 21, 2024 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 29, 2026 | Fact | ||
| Site title | Sep 28, 2026 | Fact | ||
| Site title | Sep 27, 2026 | Fact | ||
| Site title | Sep 26, 2026 | Fact | ||
| Site title | Sep 25, 2026 | Fact | ||
| Site title | Sep 24, 2026 | Fact | ||
| Site title | Sep 23, 2026 | Fact | ||
| Site title | Sep 22, 2026 | Fact | ||
| Site title | Sep 21, 2026 | Fact | ||
| Site title | Sep 20, 2026 | Fact | ||
| Site title | Sep 19, 2026 | Fact | ||
| Site title | Sep 18, 2026 | Fact | ||
| Site title | Sep 17, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probableShowHide
Both early and growth/opportunity families, reported GAV $60M
- importance
- gav: 0.24 · funds: 1 · people: 0.16 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 22 · reported gav: $60.3M · first adv filing: 2011-12-07 · years since first filing: 14.8
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2011-12-07source on record
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.