HPE Capital Management II, LLC
Private equity with venture activity, based in Cincinnati, Ohio, reporting $296M of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
7 additional team members, 4 additional investments, funds and LPs, 7 events, 1 verified contact (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.
What matters now
- 4 vehiclesnew on Form ADV, 12 months
4 new vehicles first reported on Form ADV in 12 months, the latest OGV on 17 Sep 2026.
A vehicle reported for the first time is a new fund in the adviser's own filing.
- 1 departurepeople, 12 months
A team member departed 14 days ago.
A partner leaving or arriving changes who decides, and who a founder or LP should call.
InferenceIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)For Founders, LPs, recruitersTeam →
People to know
View all people- Partner/MemberWhy: Partner: part of the investment decisionNo route on file yet
- Partner/MemberWhy: Partner: part of the investment decisionNo route on file yet
- Investor Development DirectorWhy: Named with investment responsibilityNo route on file yet
Relationship network
18 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.
- Company
- 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 HPE Capital Management II, LLC: 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 HPE Capital Management II, LLC
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
1 company 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.| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| Creative | portfolio listing | unknown | unknown | unknown | unknown | Sep 16, 2026 | Fact Firm website |
Stated thesis versus observed behaviour
- Sectors
- healthcare, consumer, cybersecurity, industrial, govtech
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
13 current, 2 departed
Decision makers
- Mark John Hauser · Partner/MemberWhy this person: Partner: part of the investment decision; Named with investment responsibility
- Paul Michael Swanson · Partner/MemberWhy this person: Partner: part of the investment decision; 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.- Partner/Member
- Partner/Member
- Investor Development Director
2 departed (kept with end dates)
- Jason Matthew Wehby · Contract, Part-Time, Cfo · Jan 1, 2021 to Sep 17, 2026 Fact
- JR. Robert Wayne Neu · Chief Financial Officer · Sep 1, 2015 to Mar 31, 2021 Inference
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
7 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.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Hauser Private Equity Core Fund III, LLC | Fund · ADV: Private Equity Fund | 2017 form d first sale | Harvest | $143M Sep 17, 2026 | 89 | $93.0M of $150M | Jan 17, 2017 |
| Hauser Private Equity Core Fund II, LLC | Fund · ADV: Private Equity Fund | 2013 form d first sale | Harvest | $50.2M Sep 17, 2026 | 55 | $100M of $100M | Feb 17, 2015 |
| Ohio Anduril Venture, LLC | Fund | unknown | Unknown | $51.0M Sep 17, 2026 | 2 | unknown | unknown |
Limited partners
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.Relationships across DFX
0 co-investors · on 3 other DFX graphs
Co-investors
Across DFX and the capital chainon 3 other DFX graphs ShowHide
- Sponsor-market profile (matched by same CRD)
- The same institution is held on Independent Sponsors, RIA and Wealth, Private Equity, matched by identifier. See which records
HPE Capital Management II, LLC is the same institution as 3 records in Independent Sponsors, RIA and Wealth and Private Equity.
DFX found 3 relationships across 3 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…
Evidence and history
12 dated events, 50 observations from 3 sources
Timeline
- Sep 17, 2026Jason Matthew Wehby (Contract, Part-Time, Cfo) no longer on Schedule A of HPE Capital Management II, LLC
- Sep 17, 2026Ohio Anduril Venture, LLC first reported on Form ADV by HPE Capital Management II, LLC (Venture Capital Fund), GAV $51,000,000
- Sep 17, 2026Ohio Reflection Venture II, LLC first reported on Form ADV by HPE Capital Management II, LLC (Venture Capital Fund), GAV $17,800,000
- Sep 17, 2026
- Sep 17, 2026
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Sep 17, 2026 · 11 private fundsShowHide
- Headquarters
- Cincinnati, OHadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- HAUSERPRIVATEEQUITY.COM
- SEC adviser type
- Registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Sep 17, 2026
- Private funds reported
- 11 (4 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $1.2Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $456Mthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 4
Classification history
Classification history
Every classification this record has carried2 on recordShowHide
- Sep 23, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 33% of 11 private funds
- Sep 12, 2026Private equity with venture activity (probable, 75%)Registered adviser; venture funds are 0% of 5 private funds
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC adviser type | Registered investment adviser | Sep 17, 2026 | Fact | Form ADV |
| SEC adviser type | Registered investment adviser | Mar 22, 2024 | Fact | Form ADV |
| First Form ADV filing | 2016-04-08 | Sep 17, 2026 | Fact | Form ADV |
| First Form ADV filing | 2016-04-08 | Mar 22, 2024 | 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 | 2026-09-17 | Sep 17, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-03-22 | Mar 22, 2024 | Fact | Form ADV |
| Venture share of reported funds | 0 | Sep 17, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Mar 22, 2024 | Fact | Form ADV |
| Business phone | Mar 22, 2024 | Fact | Form ADV | |
| Contact page url | Sep 16, 2026 | Fact | ||
| Employees | 4 | Mar 22, 2024 | Fact | Form ADV |
| Headquarters | Cincinnati, OH | Mar 22, 2024 | Fact | Form ADV |
| Office address | Mar 22, 2024 | Fact | Form ADV | |
| Portfolio page | Sep 16, 2026 | Fact | ||
| Portfolio page | Sep 15, 2026 | Fact | ||
| Private funds reported | 11 | Sep 17, 2026 | Fact | Form ADV |
| Private funds reported | 5 | Mar 22, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $1.2B | Sep 17, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $456M | Mar 22, 2024 | Fact | Form ADV |
| Regulatory AUM (adviser, not fund size) | $456M | Mar 22, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Sep 17, 2026 | Fact | Form ADV |
| Stated sectors | Healthcare, consumer, cybersecurity, industrial, govtech “sector words on the home page” | Sep 16, 2026 | Fact | |
| Stated sectors | Healthcare, consumer, cybersecurity, industrial, govtech “sector words on the home page” | Sep 15, 2026 | Fact | |
| Team page | Sep 16, 2026 | Fact | ||
| Team page | Sep 15, 2026 | Fact | ||
| Venture funds reported | 4 | Sep 17, 2026 | Fact | Form ADV |
| Venture funds reported | 0 | Mar 22, 2024 | Fact | Form ADV |
| Website | Mar 22, 2024 | Fact | Form ADV | |
| 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
Registered adviser; venture funds are 33% of 11 private funds
- importance
- gav: 0.31 · funds: 0.33 · people: 0.28 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 4 funds, $103M of $296M reported · co investors: 0
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
- emerging manager
- fund count: 7 · reported gav: $296M · first adv filing: 2016-04-08 · years since first filing: 10.5
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Adviser's first ADV filing2016-04-08source 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.