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 / T•••••• F••• M••••••••• P•••••• L••••••
T•••••• F••• M••••••••• P•••••• L••••••
ternary fund management, fund formation, fund administration, family office formation, family office administration, multi family office, special purpose vehicle, Singapore, tax optimization, financial services, wealth management, crypto, blockchain, private credit, private equity, venture capital, real estate, variable capital company
seed vehicles only
Importance
6
low
Active deployment
25
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
99
high
Research priority
8
low
Identity and regulatory footprint
- Headquarters
- Singapore, Singaporeadviserinfo.sec.gov
- Office address
- 50 ARMENIAN STREET #02-04 WILMER PLACE, Singapore, 179938adviserinfo.sec.gov
- Business phone
- +65 69706272adviserinfo.sec.gov
- Website
- h•••••••••
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Jan 23, 2024
- Private funds reported
- 3 (3 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.6Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- T•••••• H••••••• L•••••• (Sole Owner), E
- business email
- contact@ternaryfmc.comternaryfmc.compublished by the subject
- business phone
- +65 69706272adviserinfo.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
- not stated or not yet read
- Geography
- singapore
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- family office
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, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $883,951 Jan 23, 2024 | 17 | unknown | unknown |
| B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $583,123 Jan 23, 2024 | 16 | unknown | unknown |
| B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• | SPV or co-invest vehicle | 2024 adv first reported | Early deployment | $101,677 Jan 23, 2024 | 16 | unknown | unknown |
| B••••• R•••••• F•••• L• • A• | SPV or co-invest vehicle | unknown | Wound down | $590,340 Mar 30, 2023 | 13 | unknown | unknown |
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
E•• S••• C•••
Founder or executiveChief Executive Officer · since Oct 1, 2019
E••• L••• J•••• C•••
PartnerHead Of Investments · since Jan 1, 2019
P•••• D••••• T•• C••• C••••
Platform and operationsChief Financial Officer · since Jan 1, 2023
W•• H••• E••••• C•••••
PrincipalNon-Executive Director · since Jan 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
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
5 dated events
- Jan 23, 2024B••••• R•••••• F•••• L• • A•, a S••••• of B••••• R•••••• Fund, LP no longer reported on Form ADV by T•••••• F••• M••••••••• P•••••• L••••••Fund no longer reportedFundsInferenceB••••• R•••••• F•••• L• • A•SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 23, 2024B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• first reported on Form ADV by T•••••• F••• M••••••••• P•••••• L•••••• (Venture Capital Fund), GAV $583,123
- Jan 23, 2024B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• first reported on Form ADV by T•••••• F••• M••••••••• P•••••• L•••••• (Venture Capital Fund), GAV $101,677
- Jan 23, 2024B••••• R•••••• F•••• L• • A•• a• S••••• o• B••••• R•••••• F•••• L• first reported on Form ADV by T•••••• F••• M••••••••• P•••••• L•••••• (Venture Capital Fund), GAV $883,951
- Mar 30, 2023T•••••• F••• M••••••••• P•••••• 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)
Classification history
- Sep 12, 2026Seed fund manager (probable, 80%, cls-1)seed vehicles only
Evidence
25 observations from 2 sources