Saluda Grade Ventures LLC
Saluda Grade is an independent alternative investment firm specializing in asset-based credit, with a particular focus on residential real estate.
In the firm's own words, from its website.
21 additional team members, 13 verified contacts (10 professional url, 2 general firm email, 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- Co-Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionProfile
- Co-Chief Investment OfficerWhy: Chief investment officer: owns the allocation decisionNo route on file yet
- Portfolio ManagerWhy: Investment officerNo 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 Saluda Grade Ventures 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 Saluda Grade Ventures 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
- growth, early
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
28 current, 5 departed
Decision makers
- Patrick Lo · Co-Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01LinkedIn or profile link on file (firm website), confirmed 2026-09-30, confidence 90%
- Timothy Carr · Co-Chief Investment OfficerWhy this person: Chief investment officer: owns the allocation decision; Named with investment responsibility
- Brian E Brennan · Portfolio ManagerWhy this person: Investment officer; Named with investment responsibility
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. 1 with a route on file. 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.- Co-Chief Investment Officer
- Co-Chief Investment Officer
- Portfolio Manager
Contacts
2 general firm email, 1 firm phone, 10 professional url on record, each with its source. Values open with the complete profile.
Funds and LPs
1 vehicle, 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 |
|---|---|---|---|---|---|---|---|
| Saluda Grade Alternative Lending and Fintech Growth Fund II LP | Growth fund | 2021 form d first sale | Mature | $23.5M Jun 22, 2026 | 39 | $36.2M | Dec 11, 2023 |
| Saluda Grade Provenance Fund LP | Fund | unknown | Wound down | $13.1M Mar 3, 2021 | 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 Private Equity, matched by identifier. See which records
Saluda Grade Ventures LLC is the same institution as 1 record in Private Equity.
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Evidence and history
5 dated events, 26 observations from 2 sources
Timeline
- Mar 31, 2022Saluda Grade Alternative Lending and Fintech Growth Fund II LP first reported on Form ADV by Saluda Grade Ventures LLC (Private Equity Fund), GAV $20,000,000Fund first reported on Form ADVFundsFactSaluda Grade Alternative Lending and Fintech Growth Fund II LPForm ADV
- Mar 31, 2022Saluda Grade Provenance Fund LP no longer reported on Form ADV by Saluda Grade Ventures LLC
- Jul 2, 2020Saluda Grade Asset Management, LLC first filed Form ADV (ERA)
- Jul 2, 2020Saluda Grade Provenance Fund LP first reported on Form ADV by Saluda Grade Asset Management, LLC (Venture Capital Fund), GAV $2,000,000
- Jul 2, 2020Saluda Grade Alternative Lending and Fintech Growth Fund I LP first reported on Form ADV by Saluda Grade Asset Management, LLC (Venture Capital Fund), GAV $18,000,000Fund first reported on Form ADVFundsFactSaluda Grade Alternative Lending and Fintech Growth Fund I LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Oct 10, 2022 · 2 private fundsShowHide
- Headquarters
- New York, NYadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- saludagrade.com
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Oct 10, 2022
- Private funds reported
- 2 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $60.0Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Classification history
Classification history
Every classification this record has carried1 on recordShowHide
- Sep 12, 2026Growth investor (probable, 80%)Growth or late-stage vehicles only
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Exempt reporting adviser | Oct 10, 2022 | Fact | Form ADV |
| First Form ADV filing | 2020-07-02 | Oct 10, 2022 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2022-10-10 | Oct 10, 2022 | Fact | Form ADV |
| Venture share of reported funds | 1 | Oct 10, 2022 | Fact | Form ADV |
| Business phone | Oct 10, 2022 | Fact | Form ADV | |
| Contact page url | Sep 30, 2026 | Fact | ||
| Contact page url | Sep 16, 2026 | Fact | ||
| Description | Sep 30, 2026 | Fact | ||
| Description | Sep 16, 2026 | Fact | ||
| Description | Sep 13, 2026 | Fact | ||
| Headquarters | New York, NY | Oct 10, 2022 | Fact | Form ADV |
| Office address | Oct 10, 2022 | Fact | Form ADV | |
| Legal form | Limited Liability Company | Oct 10, 2022 | Fact | Form ADV |
| Private funds reported | 2 | Oct 10, 2022 | Fact | Form ADV |
| Private fund gross assets (reported) | $60.0M | Oct 10, 2022 | Fact | Form ADV |
| Stated stages | Growth, early “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Growth, early “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Growth, early “stage words on the home page” | Sep 13, 2026 | Fact | |
| Team page | Sep 30, 2026 | Fact | ||
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 13, 2026 | Fact | ||
| Venture funds reported | 1 | Oct 10, 2022 | Fact | Form ADV |
| Website | Oct 10, 2022 | Fact | Form ADV | |
| Site title | Sep 30, 2026 | Fact | ||
| Site title | Sep 16, 2026 | Fact | ||
| Site title | Sep 13, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersGrowth investor, probable · 2 filing advisers share this firmShowHide
Growth or late-stage vehicles only
This firm files as 2 advisers on saludagrade.com: Saluda Grade Asset Management LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.11 · funds: 0.17 · people: 0.2 · investments: 0 · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 2 · reported gav: $23.5M · first adv filing: 2020-07-02 · years since first filing: 6.2
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2020-07-02source 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.