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 / L••••• C•••••• M••••••••• L••
L••••• C•••••• M••••••••• L••
Private equity with venture activity · probableSan Francisco, CAl•••••••••SEC registered investment adviser
registered adviser; venture funds are 17% of 1 private funds
Importance
13
low
Active deployment
0
low
Emerging
0
low
Completeness
38
elevated
Freshness
99
high
Research priority
4
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 111 PINE STREET, SUITE #1700, San Francisco, CA, 94111adviserinfo.sec.gov
- Business phone
- 415-821-8585adviserinfo.sec.gov
- Website
- H•••••••••
- SEC adviser type
- registered investment adviseradviserinfo.sec.gov
- SEC exemption claimed
- unknown
- Latest Form ADV
- Mar 28, 2024
- Private funds reported
- 1 (0 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $116Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Regulatory AUM
- $1.0Bthe adviser's RAUM, a regulatory measure, never a fund size
- Employees
- 6
- Owners on Schedule A
- V••••• a•• K•••• H•••• R•••••••• T•••• U•• D•••• O•••••• 2•• 1••• (Member), E
- business email
- investmentteam@legatocm.comlegatocm.compublished by the subject
- business phone
- 415-821-8585adviserinfo.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
- 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
0 reported, 1 no longer reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| L••••• C•••••• M••••••••• V•••••••• L•• | Feeder or parallel | unknown | Wound down | $1.6M Jun 27, 2013 | 2 | 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
3 current, 17 departed
K•••• L••• H••••
Board or advisoryTrustee · since 1•••-10-01
V••••• L•••• H••••
Platform and operationsPresident, Chief Executive Officer, Cco · since Apr 1, 2004
D•••• D• T••••••••
PrincipalPrincipal, Chief Investment Strategist · since Mar 1, 2023
17 departed (kept with end dates)
- T••••• W•••••••• · Trustee · Dec 1, 2006 to Jul 14, 2015 Inference
- W•••••• A••••• N••••• · Trustee · Dec 1, 2006 to Jul 14, 2015 Inference
- W•••••• P•••••• · Trustee · Dec 1, 2006 to Jul 14, 2015 Inference
- R••••• L•• L••••••• · Chief Executive Officer · Jan 1, 2009 to Jul 14, 2015 Inference
- A••• S••• L••••• · Limited Partner Outside Of The Firm · Aug 1, 2015 to Mar 23, 2021 Inference
- A••••• B•••• L•••••• · Elected Member · May 1, 2003 to Aug 10, 2015 Inference
- C••••••••• J••• D••• · Elected Member · Jan 1, 2010 to Aug 10, 2015 Inference
- E••• C••• P•••••• · Member · Jun 1, 2023 to Mar 28, 2024 Inference
- G••••• P•••• G•••• · Member · Aug 1, 2001 to Jul 14, 2015 Inference
- J••• A••••• B•••••••• · Elected Member · May 1, 2003 to Aug 10, 2015 Inference
- J••• P••••• F••••••• · Elected Member · May 1, 2012 to Aug 10, 2015 Inference
- T•••••• M•••••• B••• · Member · Jan 1, 2022 to Mar 28, 2024 Inference
- W•••••• J••• K•••• · Elected Member · Apr 1, 2011 to Aug 10, 2015 Inference
- L••••• M••••••••• · Svp, Chief Compliance Officer, Legal Counsel & Secretary · Mar 1, 2012 to Aug 10, 2015 Inference
- A••• A••••• S•••••••• · Director · Mar 1, 2012 to Apr 1, 2013 Inference
- A••• J• K•••••• · Director · Mar 1, 2007 to Aug 10, 2015 Inference
- N••••• E•••••••• M•••• · Director · Nov 1, 2012 to Aug 10, 2015 Inference
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
31 dated events
- Mar 28, 2024E••• C••• P•••••• (Member) no longer on Schedule A of L••••• C•••••• M••••••••• L••
- Mar 28, 2024T•••••• M•••••• B••• (Member) no longer on Schedule A of L••••• C•••••• M••••••••• L••
- Mar 28, 2024L••••• C•••••• M••••••••• V•••••••• L•• no longer reported on Form ADV by L••••• C•••••• M••••••••• L••Fund no longer reportedFundsInferenceL••••• C•••••• M••••••••• V•••••••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2022T•••••• M•••••• B••• joined Schedule A of L••••• C•••••• M••••••••• L•• as Member
- Jan 1, 2022D•••• D• T•••••••• joined Schedule A of L••••• C•••••• M••••••••• L•• as Member
- Mar 23, 2021A••• S••• L••••• (Limited Partner Outside Of The Firm) no longer on Schedule A of L••••• C•••••• M••••••••• L••
- Aug 10, 2015C••••••••• J••• D••• (Elected Member) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015W•••••• J••• K•••• (Elected Member) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015J••• P••••• F••••••• (Elected Member) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015A••• J• K•••••• (Director) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015L••••• M••••••••• (Svp, Chief Compliance Officer, Legal Counsel & Secretary) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015N••••• E•••••••• M•••• (Director) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015A••••• B•••• L•••••• (Elected Member) no longer on Schedule A of L••••• Capital Management LLC
- Aug 10, 2015J••• A••••• B•••••••• (Elected Member) no longer on Schedule A of L••••• Capital Management LLC
- Jul 14, 2015R••••• L•• L••••••• (Chief Executive Officer) no longer on Schedule A of L••••• Capital Management LLC
- Jul 14, 2015T••••• W•••••••• (Trustee) no longer on Schedule A of L••••• Capital Management LLC
- Jul 14, 2015W•••••• P•••••• (Trustee) no longer on Schedule A of L••••• Capital Management LLC
- Jul 14, 2015G••••• P•••• G•••• (Member) no longer on Schedule A of L••••• Capital Management LLC
- Jul 14, 2015W•••••• A••••• N••••• (Trustee) no longer on Schedule A of L••••• Capital Management LLC
- Apr 1, 2013A••• A••••• S•••••••• (Director) no longer on Schedule A of L••••• Capital Management LLC
- Nov 1, 2012N••••• E•••••••• M•••• joined Schedule A of L••••• Capital Management LLC as Director
- May 1, 2012J••• P••••• F••••••• joined Schedule A of L••••• Capital Management LLC as Elected Member
- Mar 29, 2012L••••• Capital Management LLC first filed Form ADV (IA)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012L••••• C•••••• M••••••••• V•••••••• L•• first reported on Form ADV by L••••• Capital Management LLC (Venture Capital Fund), GAV $1,529,666Fund first reported on Form ADVFundsFactL••••• C•••••• M••••••••• V•••••••• L••SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 1, 2011W•••••• J••• K•••• joined Schedule A of L••••• Capital Management LLC as Elected Member
- Jan 1, 2010C••••••••• J••• D••• joined Schedule A of L••••• Capital Management LLC as Elected Member
- Jan 1, 2009R••••• L•• L••••••• joined Schedule A of L••••• Capital Management LLC as Chief Executive Officer
- Jan 1, 2008A••• S••• L••••• joined Schedule A of L••••• Capital Management LLC as Member
- May 1, 2003J••• A••••• B•••••••• joined Schedule A of L••••• Capital Management LLC as Elected Member
- May 1, 2003A••••• B•••• L•••••• joined Schedule A of L••••• Capital Management LLC as Elected Member
- 1•••-10-01K•••• L••• H•••• joined Schedule A of L••••• Capital Management LLC as Trustee
Classification history
- Sep 12, 2026Private equity with venture activity (probable, 75%, cls-1)registered adviser; venture funds are 17% of 1 private funds
Evidence
50 observations from 2 sources