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.
Funds / K5x Fund I, LP
K5x Fund I, LP
Amounts, each with its basis
- Vintage
- 2022basis: 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
- indefinitewhat may be sold, not what was raised; file 021-450308, sworn by the adviser or filed under this vehicle
- Form D sold
- $275Mas of the filing of Jun 27, 2022, 1 investors
- First sale
- May 31, 2022
- Reported GAV
- $1.0Bon the Form ADV filed Nov 12, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Mar 30, 2023 to Nov 12, 2024
Fundraising evidence
Unknown
latest Form D 2022-06-27, older than 15 months (fr-1)
evidence dated Jun 27, 2022. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-05-31vintage year: $2,022adv gav as of: 2024-11-12vintage basis: form_d_first_saleform d sold usd: $275Mform d offering usd: n/aform d latest filed at: 2022-06-27
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2023 | Venture Capital Fund | $998M | 1 | 0% | no | ||
| Mar 29, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes | ||
| May 13, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes | ||
| May 14, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes | ||
| Oct 24, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes | ||
| Oct 24, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes | ||
| Nov 12, 2024 | Venture Capital Fund | $1.0B | 2 | 100% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Michael Kives Executive Officer
- Bryan Baum Executive Officer
- I, LLC K5X Fund Executive Officer
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
- Mar 30, 2023K5x Fund I, LP first reported on Form ADV by K5 Global Advisor LLC (Venture Capital Fund), GAV $998,465,249Fund 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)
- Jun 27, 2022K5X Fund I, LP filed Form D: $275,000,000 sold (indefinite offering), Other Investment FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Other Investment Fund Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $275M Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-05-31 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 1 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O K5X FUND I, LLC, 9 LAGORCE CIRCLE, MIAMI BEACH, FL, 33141 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Jun 27, 2022 Fact SEC EDGAR Form D data sets (quarterly)