Blackthorn Capital Opportunities Fund LP

Opportunity fundmanaged by Victory Square Management, LLC· Delaware
Vintage
2020
Form D sold
$15.6M
Reported gross assets
$42.9M
Form ADV, Mar 30, 2026
MatureFundraising status unknownADV: Other Private Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

1 additional principal

Every relationship, signal and contact on this record, with the source on each.

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What matters now

  1. +17%
    reported GAV

    Reported gross assets rose from $36.8M to $42.9M between the Form ADV filings of 25 Mar 2024 and 30 Mar 2026.

    The fund's assets as the adviser swears them, never its size or dry powder.

    Derivedtwo Form ADV Schedule D filingsFor LPs, secondaries buyersReporting →
Drawing the relationship network…

Amounts, each with its basis

Vintage
2020basis: 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 021-363336, sworn by the adviser or filed under this vehicle
Form D sold
$15.6Mas of the filing of Mar 2, 2023, 7 investors
First sale
Mar 9, 2020
Reported GAV
$42.9Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
88
Reported on ADV
Feb 23, 2021 to Mar 30, 2026

Fundraising evidence

Unknown
latest Form D 2023-03-02, older than 15 months (fr-1)
evidence dated Mar 2, 2023.

Lifecycle

Mature
vintage 4 to 7 years
age years: 6first sale: Mar 9, 2020vintage year: 2020adv gav as of: Mar 30, 2026vintage basis: Form d first saleform d sold: $15.6Mform d offering: n/aform d latest filed at: Mar 2, 2023

The fund's own reporting through time

5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 23, 2021Other Private Fund$18.0M
7$100,0000%no
Mar 30, 2022Other Private Fund$25.2M
7$100,0000%no
Mar 29, 2023Other Private Fund$25.8M
7$100,0000%no
Mar 25, 2024Other Private Fund$36.8M
9$100,0000%no
Mar 30, 2026Other Private Fund$42.9M
88$100,0000%

Principals and agents

4 principals on Form D, 0 placement agents

Service providers

2 named on Form ADV Schedule D and Form D

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.

Known LPs and allocators

0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.

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

5 events
  1. Mar 31, 2025
    Administrator changed: KRYPTON FUND SERVICES LTD. replaced GRASSI ADVISORS, first reported on the Form ADV filed March 31, 2025 (previous filing March 25, 2024)
    Administrator changed Fact Form ADV
  2. Mar 2, 2023
    Blackthorn Capital Opportunities Fund LP filed Form D/A: $15,600,000 sold (indefinite offering), Other Investment Fund
    Form D filed Fact Form D
  3. Mar 30, 2022
    Administrator changed: GRASSI ADVISORS replaced S&Z FUND SERVICES, first reported on the Form ADV filed March 30, 2022 (previous filing February 23, 2021)
    Administrator changed Fact Form ADV
  4. Feb 23, 2021
    Blackthorn Capital Opportunities Fund LP first reported on Form ADV by Victory Square Management, LLC (Other Private Fund), GAV $18,000,000
    Fund first reported on Form ADV Fact Form ADV
  5. Mar 20, 2020
    Blackthorn Capital Opportunities Fund LP filed Form D: $5,600,000 sold (indefinite offering), Other Investment Fund
    Form D filed Fact Form D

Evidence

45 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Fact Form D
  • Entity type: Limited Partnership Mar 2, 2023 Fact Form D
  • Entity type: Limited Partnership Mar 20, 2020 Fact Form D
  • Form D fund type: Other Investment Fund Fact Form D
  • Form D fund type: Other Investment Fund Mar 2, 2023 Fact Form D
  • Form D fund type: Other Investment Fund Mar 20, 2020 Fact Form D
  • Form D industry group: Pooled Investment Fund Fact Form D
  • Form D industry group: Pooled Investment Fund Mar 2, 2023 Fact Form D
  • Form D industry group: Pooled Investment Fund Mar 20, 2020 Fact Form D
  • Amendment: false Fact Form D
  • Amendment: true Mar 2, 2023 Fact Form D
  • Amendment: false Mar 20, 2020 Fact Form D
  • Incorporated: withinFiveYears Fact Form D
  • Incorporated: withinFiveYears Mar 2, 2023 Fact Form D
  • Incorporated: withinFiveYears Mar 20, 2020 Fact Form D
  • Jurisdiction: Delaware Fact Form D
  • Jurisdiction: Delaware Mar 2, 2023 Fact Form D
  • Jurisdiction: Delaware Mar 20, 2020 Fact Form D
  • Amount sold (Form D): $5.6M Fact Form D
  • Amount sold (Form D): $15.6M Mar 2, 2023 Fact Form D
  • Amount sold (Form D): $5.6M Mar 20, 2020 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Mar 2, 2023 Fact Form D
  • Exemptions: 06b, 3C, 3C.1 Mar 20, 2020 Fact Form D
  • First sale: 2020-03-09 Fact Form D
  • First sale: 2020-03-09 Mar 2, 2023 Fact Form D
  • First sale: 2020-03-09 Mar 20, 2020 Fact Form D
  • Indefinite offering: true Fact Form D
  • Indefinite offering: true Mar 2, 2023 Fact Form D
  • Indefinite offering: true Mar 20, 2020 Fact Form D
  • Investors (Form D): 7 Fact Form D
  • Investors (Form D): 7 Mar 2, 2023 Fact Form D
  • Investors (Form D): 7 Mar 20, 2020 Fact Form D
  • Minimum investment (Form D): 100,000 Fact Form D
  • Minimum investment (Form D): 100,000 Mar 2, 2023 Fact Form D
  • Minimum investment (Form D): 100,000 Mar 20, 2020 Fact Form D
  • Securities offered: pooled Fact Form D
  • Securities offered: pooled Mar 2, 2023 Fact Form D
  • Securities offered: pooled Mar 20, 2020 Fact Form D
  • Office address: Fact Form D
  • Office address: Mar 2, 2023 Fact Form D
  • Office address: Mar 20, 2020 Fact Form D
  • Year of incorporation: 2020 Fact Form D
  • Year of incorporation: 2020 Mar 2, 2023 Fact Form D
  • Year of incorporation: 2020 Mar 20, 2020 Fact Form D

Relationships across DFX

on 1 other DFX graph
Across the graphs

Blackthorn Capital Opportunities Fund LP is the same institution as 1 record in RIA and Wealth.

RIA and Wealth1

The joined record opens with the product, beside every other relationship on this page.

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Record history

2 dated events on the change ledger, latest event first
  • Form D filed
    2023-03-02source on record
  • Form D filed
    2020-03-20source 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.