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.

Funds / Lightspeed India Partners II, LLC

Lightspeed India Partners II, LLC

HarvestClosed to new capitalFundADV: Venture Capital FundAshwood Capital Management LtdMauritius
Amounts, each with its basis
Vintage
2018basis: form d first sale
Target
unknownnot announced
First close
unknownnever inferred from a Form D
Final close
unknownonly from an announcement or an LP disclosure
Announced size
unknown
Form D offering
$175Mwhat may be sold, not what was raised; file 021-316472, sworn by the adviser or filed under this vehicle
Form D sold
$175Mas of the filing of Jul 11, 2018, 42 investors
First sale
Jun 18, 2018
Reported GAV
$497Mon the Form ADV filed Mar 25, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
42
Reported on ADV
Jun 22, 2020 to Mar 25, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2018-07-11: the stated $175.0M offering reported fully sold (fr-1)
evidence dated Jul 11, 2018. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 8first sale: 2018-06-18vintage year: $2,018adv gav as of: 2024-03-25vintage basis: form_d_first_saleform d sold usd: $175Mform d offering usd: $175Mform d latest filed at: 2018-07-11
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jun 22, 2020Private Equity Fund$174M
43$5.0M2%yes
Mar 24, 2021Private Equity Fund$179M
42$5.0M2%yes
Jun 22, 2021Venture Capital Fund$179M
42$5.0M2%yes
Mar 10, 2022Venture Capital Fund$847M
42$5.0M2%yes
Mar 28, 2023Venture Capital Fund$617M
42$5.0M2%yes
Mar 25, 2024Venture Capital Fund$497M
42$5.0M2%yes
Principals and agents
6 principals on Form D, 0 placement agents
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
2 events
  1. Jun 22, 2020
    Lightspeed India Partners II, LLC first reported on Form ADV by Ashwood Capital Management Ltd (Private Equity Fund), GAV $174,098,988
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Jul 11, 2018
    Lightspeed India Partners II, LLC filed Form D: $175,000,000 sold of $175,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle