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 / AV Fund Management, LLC
AV Fund Management, LLC
Micro VC · probableChicago, ILangelesvc.comSEC exempt reporting adviseremerging managerfundraising evidence
venture manager, reported GAV $0.0M across 1 vehicles
Importance
2
low
Active deployment
60
high
Emerging
63
high
Completeness
50
elevated
Freshness
100
high
Research priority
31
moderate
Identity and regulatory footprint
- Headquarters
- Chicago, ILadviserinfo.sec.gov
- Office address
- 229 EAST LAKE SHORE DRIVE, 3W, Chicago, IL, 60611adviserinfo.sec.gov
- Business phone
- 312-919-0895adviserinfo.sec.gov
- Website
- https://angelesvc.com/
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Feb 12, 2024
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- unknownreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- info@angelesvc.comangelesvc.compublished by the subject
- business phone
- 312-919-0895adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- media
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
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 |
|---|---|---|---|---|---|---|---|
| Angeles Ventures Fund I, LP | Fund | 2023 form d first sale | Fundraising | $0 Feb 12, 2024 | 100 | $20.0M of $35.0M | Jan 28, 2026 |
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, 0 departed
Adela Cepeda
General partnerGeneral Partner · since Jul 1, 2023
David Olivencia
General partnerChief Compliance Officer, General Partner · since Jul 1, 2023
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
2 dated events
- Sep 19, 2023AV Fund Management, LLC 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)
- Sep 19, 2023Angeles Ventures Fund I, LP first reported on Form ADV by AV Fund Management, LLC (Venture Capital Fund)Fund first reported on Form ADVFundsFactAngeles Ventures Fund I, LPSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 12, 2026Micro VC (probable, 80%, cls-1)venture manager, reported GAV $0.0M across 1 vehicles
Evidence
25 observations from 2 sources