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 / I•••••• C•••••• M••••••••• L••

I•••••• C•••••• M••••••••• L••

Private equity with venture activity · probableOakland, CAi•••••••••.comSEC registered investment adviser

I•••••• Capital is a Black-owned and led fund manager dedicated to achieving racial and gender equity across investing. We believe an inclusive and optimal asset management industry will be the cornerstone of an equitable future.

registered adviser; venture funds are 0% of 5 private funds

Importance
16
moderate
Active deployment
0
low
Emerging
0
low
Completeness
63
high
Freshness
98
high
Research priority
3
low
Identity and regulatory footprint
Headquarters
Oakland, CAadviserinfo.sec.gov
Office address
2323 BROADWAY, Oakland, CA, 94612adviserinfo.sec.gov
Business phone
510-250-1510adviserinfo.sec.gov
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 26, 2024
Private funds reported
5 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$278Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$278Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
10
Owners on Schedule A
L•••• C••••••• L•• (Member), C
business phone
510-250-1510adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
climate, edtech
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
3 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
I•••••• C••••••• F•••• L•Fund2022 form d first saleActive deploymentunknownunknown$28.3M
of $125M
Oct 30, 2024
I•••••• C•••••• P••• L•Fund · ADV: Other Private Fund2018 form d first saleHarvest$5.4M
Mar 26, 2024
1$88.0M
of $100M
Oct 23, 2020
I•••••• C••••••• L•SPV or co-invest vehicle · ADV: Other Private FundunknownUnknown$86.3M
Mar 26, 2024
77unknownunknown
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, 0 departed
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
6 dated events
  1. Jun 1, 2021
    K••••••• J••• T••••• joined Schedule A of I•••••• C•••••• M••••••••• L•• as Chief Compliance Officer / Operations Associate
  2. Oct 28, 2019
    I•••••• C•••••• M••••••••• L•• first filed Form ADV (ERA, venture capital fund adviser exemption)
  3. Oct 28, 2019
    I•••••• C•••••• P••• L• first reported on Form ADV by I•••••• C•••••• M••••••••• L•• (Venture Capital Fund), GAV $4,498,781
  4. Oct 28, 2019
    I•••••• C••••••• L• first reported on Form ADV by I•••••• C•••••• M••••••••• L•• (Venture Capital Fund), GAV $28,199,334
  5. Oct 1, 2018
    C•••••• C• W••••• joined Schedule A of I•••••• C•••••• M••••••••• L•• as Partner
  6. Oct 1, 2018
    B••••••• M• S•••••• joined Schedule A of I•••••• C•••••• M••••••••• L•• as Partner
Classification history
  1. Sep 12, 2026
    Private equity with venture activity (probable, 75%, cls-1)
    registered adviser; venture funds are 0% of 5 private funds
Evidence
27 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_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 filing2019-10-28Mar 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 funds0Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone510-250-1510Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
DescriptionI•••••• Capital is a Black-owned and led fund manager dedicated to achieving racial and gender equity across investing. We believe an inclusive and optimal asset management industry will be the cornerstone of an equitable future.
meta description
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
DescriptionI•••••• Capital is a Black-owned and led fund manager dedicated to achieving racial and gender equity across investing. We believe an inclusive and optimal asset management industry will be the cornerstone of an equitable future.
meta description
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Employees10Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersOakland, CAMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office address2323 BROADWAY, Oakland, CA, 94612Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported5Mar 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)$278MMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Regulatory AUM (adviser, not fund size)$278MMar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated sectorsclimate,edtech
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorsclimate,edtech
sector words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Websitehttps://i•••••••••.com/Mar 26, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleILLUMEN CAPITAL
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleILLUMEN CAPITAL
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)