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.

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Firms / P•••••••• C•••••• L•

P•••••••• C•••••• L•

Private equity with venture activity · probableSan Francisco, CAp••••••••.capitalSEC registered investment adviser

registered adviser; venture funds are 0% of 15 private funds

Importance
25
moderate
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
SEE SCHEDULE D., San Francisco, CA, 94105adviserinfo.sec.gov
Business phone
415-613-5108adviserinfo.sec.gov
SEC adviser type
registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 28, 2024
Private funds reported
15 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets
$4.8Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$5.0Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
32
Owners on Schedule A
U•• 2•••• L• (Limited Partner), A; P•••••••• M••• L•• (General Partner), NA; P•••••• V•••••• F••• I• L• (Limited Partner), A
business phone
415-613-5108adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
no observed deals yet
Stated (the firm’s website)
Sectors
crypto
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
P•••••••• V••••••• I• ••••••••• L•Feeder or parallel2023 form d first saleActive deploymentunknownunknown$18.9M
of $400M
Apr 9, 2024
P•••••••• V••••••• I• L•Fund2023 form d first saleActive deploymentunknownunknown$84.6M
of $400M
Apr 9, 2024
P•••••••• V••••••• L•Fund · ADV: Private Equity Fund2018 form d first saleHarvest$793M
Mar 28, 2024
107$174MSep 3, 2019
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
5 current, 1 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
8 dated events
  1. Dec 1, 2022
    M••••••• R••• N••••• joined Schedule A of P•••••••• C•••••• L• as Chief Financial Officer
  2. Mar 31, 2021
    J••••• D•••••••• E•••• (President) no longer on Schedule A of P•••••••• C•••••• L•
  3. Jul 1, 2018
    R••• G• S••••• joined Schedule A of P•••••••• C•••••• L• as Chief Compliance Officer, General Counsel
  4. Mar 1, 2018
    M••• P••••• joined Schedule A of P•••••••• C•••••• L• as Chief Financial Officer
  5. Feb 18, 2018
    P•••••••• V••••••• L• first reported on Form ADV by P•••••••• Capital LLC (Venture Capital Fund)
  6. Oct 1, 2017
    J••••• D•••••••• E•••• joined Schedule A of P•••••••• Capital LLC as Chief Compliance Officer, Chief Operating Officer
  7. Jun 1, 2017
    P•••••••• Capital LLC first filed Form ADV (ERA)
  8. Dec 1, 2016
    R••• J••• Z••••• joined Schedule A of P•••••••• Capital LLC as Venture Partner
Classification history
  1. Sep 12, 2026
    Private equity with venture activity (probable, 75%, cls-1)
    registered adviser; venture funds are 0% of 15 private funds
Evidence
36 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeregistered_investment_adviserMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
First Form ADV filing2017-06-01Mar 28, 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 filing2024-03-28Mar 28, 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 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Business phone415-613-5108Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Employees32Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
HeadquartersSan Francisco, CAMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Office addressSEE SCHEDULE D., San Francisco, CA, 94105Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Private funds reported15Mar 28, 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)$4.8BMar 28, 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)$5.0BMar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Stated sectorscrypto
sector words on the home page
Sep 20, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorscrypto
sector words on the home page
Sep 19, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorscrypto
sector words on the home page
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Stated sectorscrypto
sector words on the home page
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Venture funds reported0Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
WebsiteHTTP://p••••••••.capital/Mar 28, 2024FactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Site titleP••••••••
title tag
Sep 20, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleP••••••••
title tag
Sep 19, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleP••••••••
title tag
Sep 16, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)
Site titleP••••••••
title tag
Sep 15, 2026FactVenture organization websites (about, team, portfolio, thesis, news pages)