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• P•••• M••••••••• L••
L• P•••• M••••••••• L••
Private equity with venture activity · probableSan Francisco, CAl•••••••.comSEC registered investment adviser
L2 P•••• is a San Francisco based investment firm providing innovative capital solutions for growth companies.
registered adviser; venture funds are 25% of 4 private funds
Importance
20
moderate
Active deployment
0
low
Emerging
0
low
Completeness
69
high
Freshness
99
high
Research priority
3
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- ONE LETTERMAN DRIVE, SUITE C3500, San Francisco, CA, 94129adviserinfo.sec.gov
- Business phone
- 919-452-0172adviserinfo.sec.gov
- Website
- l•••••••.com
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Aug 6, 2024
- Private funds reported
- 4 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $411Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $411Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
- business email
- info@l2-point.coml2-point.compublished by the subject
- business phone
- 919-452-0172adviserinfo.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
- growth
- 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
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| L• P•••• O••••••••• I• L••• | Opportunity fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $244M Aug 6, 2024 | 7 | $206M of $300M | May 2, 2024 |
| L• P•••• W• H•••••••• L••• | Fund · ADV: Private Equity Fund | 2022 form d first sale | Active deployment | $9.3M Aug 6, 2024 | 3 | $8.1M of $8.1M | Sep 20, 2022 |
| L• P•••• R• H•••••••• L• | Fund | 2021 form d first sale | Mature | $56.0M Aug 6, 2024 | 2 | $59.0M | Aug 31, 2021 |
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
K•••••• C•••• L•••• D••••••
PartnerSole Member · since Jun 1, 2019
D••••••• N••••• B••••
Platform and operationsChief Compliance Officer And Chief Operating Officer · since Oct 1, 2021
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
2 disclosed
- L•• A•••••• C••• E••••••••• R••••••••• S••••• in L• P•••• O••••••••• I• L••• $30.0M Jun 9, 2022 lacers.org
- L•• A•••••• C••• E••••••••• R••••••••• S••••• in L• P•••• O••••••••• I• L••• amount undisclosed lacers.org
Timeline
4 dated events
- Mar 30, 2023L• P•••• O••••••••• I• L••• first reported on Form ADV by L• P•••• M••••••••• L•• (Private Equity Fund), GAV $99,361,604Fund first reported on Form ADVFundsFactL• P•••• O••••••••• I• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2023L• P•••• W• H•••••••• L••• first reported on Form ADV by L• P•••• M••••••••• L•• (Private Equity Fund), GAV $8,505,046Fund first reported on Form ADVFundsFactL• P•••• W• H•••••••• L•••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Dec 17, 2021L• P•••• M••••••••• L•• 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)
- Dec 17, 2021L• P•••• R• H•••••••• L• first reported on Form ADV by L• P•••• M••••••••• L•• (Venture Capital Fund), GAV $58,990,083Fund first reported on Form ADVFundsFactL• P•••• R• H•••••••• 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 25% of 4 private funds
Evidence
27 observations from 2 sources