DFX Intelligence
Franklin Park
Private equity with venture activitySEC-registered adviserRaisingClassification probable· Bala Cynwyd, PennsylvaniaFRANKLINPARKLLC.COM
Private equity with venture activity, based in Bala Cynwyd, Pennsylvania, reporting $1.6B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
As of · the latest observation of this organization; filed figures are as of its latest Form ADV
9 additional team members, 16 additional investments, funds and LPs, 31 events, 3 verified contacts (1 general firm email, 1 published business 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. Last change: 27 Aug 2025, $242M reported sold so far.
People to know
View all people- Managing Member/Managing DirectorWhy: Managing directorNo route on file yet
- Managing Member/Managing DirectorWhy: Managing directorNo route on file yet
- Managing Member/Chief Executive OfficerWhy: Runs the firm (chief executive or president)No 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.
Reading the network
- 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 Franklin Park: 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 Franklin Park
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.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.
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
- Sectors
- biotech, climate
- Stages
- seed, growth
- Geography
- europe, global, philadelphia
- 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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0
Team
7 current, 8 departed
Decision makers
who to call first, and why; then everyone else by function
- James Bernard McGovern · Managing Member/Managing DirectorWhy this person: Managing director; Named with investment responsibility
- Michael D Bacine · Managing Member/Managing DirectorWhy this person: Managing director; Named with investment responsibility
- Bradley Theodore Atkins · Managing Member/Chief Executive OfficerWhy this person: Runs the firm (chief executive or president); 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. 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.7 current, 8 departed
- Managing Member/Chief Executive Officer
- Managing Member/Managing Director
- Managing Member/Managing Director
8 departed (kept with end dates)
- John Mahony · Managing Director · Dec 1, 2013 to Mar 29, 2024 Inference
- Katherine Marie Carlson · Managing Director · Dec 1, 2014 to Mar 29, 2024 Inference
- Matthew James Castaldo · Managing Director · Jan 1, 2021 to Mar 29, 2024 Inference
Contacts
1 general firm email, 1 published business email, 1 firm phone
1 general firm email, 1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
18 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.18 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Franklin Park Venture Capital Fund Xv, L.P. | Fund | 2024 form d first sale | Fundraising | $38.8M Mar 20, 2026 | 13 | $242M of $250M | Aug 27, 2025 |
| Franklin Park Venture Capital Fund Xiv, L.P. | Fund | 2022 form d first sale | Active deployment | $121M Mar 20, 2026 | 14 | $195M | Nov 1, 2022 |
| Franklin Park Venture Capital Opportunity Fund, L.P. | Opportunity fund | 2022 form d first sale | Active deployment | $111M Mar 20, 2026 | 2 | $30.0M | Jan 21, 2022 |
Limited partners
0 LPs, 0 disclosed commitments
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.
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.2 relationships across the firm's funds, from public pensions and the allocator graph
| Allocator | Type | Fund | Amount | Date | Source |
|---|---|---|---|---|---|
| Teachers' Retirement System of Ok | STATE RETIREMENT SYSTEM | Franklin Park Venture Capital Fund Xiv, L.P. | $60.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| Teachers' Retirement System of Ok | STATE RETIREMENT SYSTEM | Franklin Park Venture Capital Fund Xiii, L.P. | $15.0M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
Relationships across DFX
0 co-investors · on 4 other DFX graphs
Co-investors
0 counted from shared deals, 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.
Across DFX and the capital chainon 4 other DFX graphs · 1 capital path ShowHide
Across DFX
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, Private Equity, RIA and Wealth, Private Credit, matched by identifier. See which records
Across the graphs
Franklin Park is the same institution as 4 records in Independent Sponsors, Private Equity, RIA and Wealth and Private Credit.
Independent Sponsors1Private Equity1RIA and Wealth1Private Credit1
DFX found 4 relationships across 4 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Capital chain
Franklin Park sits on 1 traced path of capital across the graphs.
Allocator commitments to a manager
DFX traced 1 path of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Evidence and history
36 dated events, 155 observations from 3 sources
Timeline
36 dated events
- Mar 20, 2026Franklin Park Venture Capital Opportunity Fund II, L.P. first reported on Form ADV by Franklin Park (Venture Capital Fund), GAV $15,948,408Fund first reported on Form ADVFundsInferenceFranklin Park Venture Capital Opportunity Fund II, L.P.Form ADV
- Mar 29, 2024Ryan Rafael Mann (Managing Director) no longer on Schedule A of Franklin Park
- Mar 29, 2024Shane Kokitus (Managing Director) no longer on Schedule A of Franklin Park
- Mar 29, 2024Melanie Nichole Fraind (Managing Director) no longer on Schedule A of Franklin Park
- Mar 29, 2024Matthew James Castaldo (Managing Director) no longer on Schedule A of Franklin Park
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 20, 2026 · 49 private fundsShowHide
- Headquarters
- Bala Cynwyd, PAadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- FRANKLINPARKLLC.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 20, 2026
- Private funds reported
- 49 (18 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $6.0Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $10Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 29
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 23, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 38% of 49 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 39% of 49 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 39% of 45 private funds
Evidence
156 observations from 3 sources
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| Why admitted | VC funds reported | Mar 20, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 20, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 20, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Sep 6, 2024 | Fact | Form ADV |
| First Form ADV filing | 2012-03-26 | Mar 20, 2026 | Fact | Form ADV |
| First Form ADV filing | 2012-03-26 | Sep 6, 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 | 2026-03-20 | Mar 20, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-20 | Mar 20, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-09-06 | Sep 6, 2024 | Fact | Form ADV |
| SEC status | Approved | Mar 20, 2026 | Fact | Form ADV |
| SEC status effective | 2003-05-09 | Mar 20, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Mar 20, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Sep 6, 2024 | Fact | Form ADV |
| Business phone | Mar 20, 2026 | Fact | Form ADV | |
| Business phone | Sep 6, 2024 | Fact | Form ADV | |
| Employees | 29 | Mar 20, 2026 | Fact | Form ADV |
| Employees | 29 | Sep 6, 2024 | Fact | Form ADV |
| Headquarters | Bala Cynwyd, PA | Mar 20, 2026 | Fact | Form ADV |
| Headquarters | Bala Cynwyd, PA | Sep 6, 2024 | Fact | Form ADV |
| Office address | Mar 20, 2026 | Fact | Form ADV | |
| Office address | Sep 6, 2024 | Fact | Form ADV | |
| Self-described type | Venture capital | Sep 30, 2026 | Fact | |
| Self-described type | Venture capital | Sep 29, 2026 | Fact | |
| Self-described type | Venture capital | Sep 28, 2026 | Fact | |
| Self-described type | Venture capital | Sep 27, 2026 | Fact | |
| Self-described type | Venture capital | Sep 26, 2026 | Fact | |
| Self-described type | Venture capital | Sep 25, 2026 | Fact | |
| Self-described type | Venture capital | Sep 24, 2026 | Fact | |
| Self-described type | Venture capital | Sep 23, 2026 | Fact | |
| Self-described type | Venture capital | Sep 22, 2026 | Fact | |
| Self-described type | Venture capital | Sep 21, 2026 | Fact | |
| Self-described type | Venture capital | Sep 20, 2026 | Fact | |
| Self-described type | Venture capital | Sep 19, 2026 | Fact | |
| Self-described type | Venture capital | Sep 18, 2026 | Fact | |
| Self-described type | Venture capital | Sep 17, 2026 | Fact | |
| Self-described type | Venture capital | Sep 16, 2026 | Fact | |
| Self-described type | Venture capital | Sep 15, 2026 | Fact | |
| Legal form | Limited Liability Company | Mar 20, 2026 | Fact | Form ADV |
| PE funds reported | 31 | Mar 20, 2026 | Fact | Form ADV |
| Private funds reported | 49 | Mar 20, 2026 | Fact | Form ADV |
| Private funds reported | 49 | Mar 20, 2026 | Fact | Form ADV |
| Private funds reported | 45 | Sep 6, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $6.0B | Mar 20, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $6.0B | Mar 20, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $5.3B | Sep 6, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $10B | Mar 20, 2026 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $8.6B | Sep 6, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 29, 2026 | Fact | Form ADV |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 30, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 29, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 28, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 27, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 26, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 25, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 24, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 23, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 22, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 21, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 20, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 19, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 18, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 17, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 16, 2026 | Fact | |
| Stated geography | Europe, global, philadelphia “geography words on the home page” | Sep 15, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 30, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 29, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 28, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 27, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 26, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 25, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 24, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 23, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 22, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 21, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 20, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 19, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 18, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 17, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Biotech, climate “sector words on the home page” | Sep 15, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 30, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 29, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 28, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 27, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 26, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 25, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 24, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 23, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 22, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 21, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 20, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 19, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 18, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 17, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 16, 2026 | Fact | |
| Stated stages | Seed, growth “stage words on the home page” | Sep 15, 2026 | Fact | |
| Venture funds reported | 18 | Mar 20, 2026 | Fact | Form ADV |
| Venture funds reported | 18 | Mar 20, 2026 | Fact | Form ADV |
| Venture funds reported | 17 | Sep 6, 2024 | Fact | Form ADV |
| Website | Mar 20, 2026 | Fact | Form ADV | |
| Website | Sep 6, 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 15, 2026 | Fact |
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShowHide
Importance
41
elevated
Active deployment
60
high
Emerging
0
low
Freshness
100
high
Private equity with venture activity · probableSEC registered investment adviser
Registered adviser; venture funds are 38% of 49 private funds
The inputs behind each score
- importance
- gav: 0.67 · funds: 1 · people: 0.2 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 18 funds, $1.6B of $1.6B reported · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 1 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 19 · reported gav: $1.6B · first adv filing: 2012-03-26 · years since first filing: 14.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Fits
1 scored match, best firstas of
- score 34confidence 60%Why: sector fit; geography fit; activityWatch: no observed deals
Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.
Record history
1 dated event on the change ledger, latest event first
- Adviser's first ADV filing2012-03-26source 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.