Goodfinch Management, LLC

CandidateSEC-registered adviser· San Francisco, Californiagoodfinch.com

GoodFinch owns and finances renewable energy infrastructure across the United States, structures the asset-backed credit behind it, and operates the assets through SunStrong Management.

In the firm's own words, from its website.

Reported fund assets
$741M
sum of its funds' Form ADV filings, last 30 months
Investment team
21
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

23 additional team members, 5 additional co-investors and affiliates, 2 additional investments, funds and LPs, 1 event, 2 verified contacts (1 firm phone, 1 professional url)

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

  1. 1 vehicle
    on Form D, 18 months

    1 vehicle filed a Form D in the last 18 months, the latest NEA Rp Spv on 20 Aug 2026.

    A Form D is filed when a vehicle takes its first money, so these are open to LPs now.

    FactSEC Form D filingsFor LPs, fund-of-funds, placement agentsVehicles →

People to know

View all people
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet
  • Manager
    Why: Named with investment responsibility
    No route on file yet
  • Manager
    Why: Named with investment responsibility
    No route on file yet

Relationship network

32 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
  • 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 Goodfinch Management, 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 Goodfinch Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

0 companies on record, 0 new in 12 months

Investments on record

0 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Tintriboard seatunknown · boardForest Baskett (strongly supported)unknownunknownJul 25, 2012Inference Form D

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
climate, energy
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 no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

26 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Andrew Mills · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility
  • Ali Behbahani · Manager
    Why this person: Named with investment responsibility
  • Forest Baskett · Manager
    Why this person: 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

26 current, 0 departed

Contacts

1 firm phone, 1 professional url

1 firm phone, 1 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

5 vehicles, 0 LPs disclosed

Funds and vehicles

5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
NEA Rp Spv, L.P.SPV or co-invest vehicle2024 form d first saleFundraising$376M
Aug 26, 2026
3$0Aug 20, 2026
NEA Ts 2024 Spv, L.P.SPV or co-invest vehicle2024 form d first saleEarly deployment$215M
Aug 26, 2026
20$155M
of $155M
Aug 2, 2024
Goodfinch Fund III, LPFund · ADV: Private Equity Fund2021 adv first reportedMature$102M
Jun 8, 2026
76$0Nov 16, 2020

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

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

0 co-investors · on 3 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 3 other DFX graphs Show
Across DFX
Across the graphs

Goodfinch Management, LLC is the same institution as 3 records in Independent Sponsors, Private Equity and RIA and Wealth.

Independent Sponsors1Private Equity1RIA and Wealth1

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

6 dated events, 41 observations from 3 sources

Timeline

6 dated events
  1. seen on or beforeSep 24, 2026
    Goodfinch Management, LLC: PE_WITH_VENTURE_ACTIVITY -> CANDIDATE_VC (no sworn venture fact yet (name or round mention only))
    Classification changedClassificationInference
  2. May 1, 2021
    JAY Laifman joined Schedule A of Goodfinch Management, LLC as Chief Compliance Officer
    Person joinedPeopleFactJAY LaifmanForm ADV
  3. Mar 10, 2021
    Goodfinch Fund III, LP first reported on Form ADV by Goodfinch Management, LLC (Private Equity Fund), GAV $150,000,000
    Fund first reported on Form ADVFundsFactGoodfinch Fund III, LPForm ADV
  4. Mar 10, 2021
    Goodfinch Fund I, LP first reported on Form ADV by Goodfinch Management, LLC (Private Equity Fund), GAV $22,670,000
    Fund first reported on Form ADVFundsFactGoodfinch Fund I, LPForm ADV
  5. Jul 20, 2020
    Goodfinch Fund II, LP first reported on Form ADV by Goodfinch Management, LLC (Private Equity Fund), GAV $66,287,961
    Fund first reported on Form ADVFundsFactGoodfinch Fund II, LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jun 8, 2026 · 15 private fundsShow
Headquarters
San Francisco, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Jun 8, 2026
Private funds reported
15 (0 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.4Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$523Mthe adviser's RAUM, a regulatory measure, never a fund size
Employees
8
Owners on Schedule A
NEW Enterprise Associates 17, L.P. (Shareholder), owns 75% or more; NEW Enterprise Associates 16, L.P. (Shareholder), owns 75% or more; NEA 16 GP, LLC (General Partner)

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 24, 2026
    Candidate (candidate, 50%)
    No sworn venture fact yet (name or round mention only)
  2. Sep 23, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 15 private funds
  3. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 0% of 9 private funds

Evidence

41 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC adviser typeRegistered investment adviserJun 8, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 29, 2024FactForm ADV
First Form ADV filing2020-07-20Jun 8, 2026FactForm ADV
First Form ADV filing2020-07-20Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-06-08Jun 8, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
Venture share of reported funds0Jun 8, 2026FactForm ADV
Venture share of reported funds0Mar 29, 2024FactForm ADV
Business phoneMar 29, 2024FactForm ADV
DescriptionOct 1, 2026Fact
DescriptionSep 16, 2026Fact
Employees8Mar 29, 2024FactForm ADV
HeadquartersSan Francisco, CAMar 29, 2024FactForm ADV
Office addressMar 29, 2024FactForm ADV
Private funds reported15Jun 8, 2026FactForm ADV
Private funds reported9Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$1.4BJun 8, 2026FactForm ADV
Private fund gross assets (reported)$413MMar 29, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$523MMar 29, 2024FactForm ADV
Stated sectorsClimate, energy
“sector words on the home page”
Oct 1, 2026Fact
Stated sectorsClimate, energy
“sector words on the home page”
Sep 16, 2026Fact
Team pageOct 1, 2026Fact
Team pageSep 16, 2026Fact
Venture funds reported0Jun 8, 2026FactForm ADV
Venture funds reported0Mar 29, 2024FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleOct 1, 2026Fact
Site titleSep 16, 2026Fact
How this is scored
Scores, classification basis and filing advisersCandidate, candidateShow
Importance
35
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
CandidateSEC registered investment adviser

No sworn venture fact yet (name or round mention only)

The inputs behind each score
importance
gav: 0.54 · funds: 0.17 · people: 0.88 · investments: 0 · scale basis: Venture-typed funds only (Candidate): 2 funds, $591M of $741M reported · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 5 · reported gav: $741M · first adv filing: 2020-07-20 · years since first filing: 6.2

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 dated events on the change ledger, latest event first
  • Organization classification changed
    2026-09-24
  • Adviser's first ADV filing
    2020-07-20source 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.