DFX Intelligence
Reciprocal Ventures II, L.P
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
5 additional placement agents
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
- +14%reported GAV
Reported gross assets rose from $87.8M to $100M between the Form ADV filings of 28 Mar 2024 and 27 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
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
- $68.5Mwhat may be sold, not what was raised; file 021-371108, sworn by the adviser or filed under this vehicle
- Form D sold
- $68.5Mas of the filing of Dec 13, 2021, 73 investors
- First sale
- Jul 16, 2020
- Reported GAV
- $100Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 71
- Reported on ADV
- Mar 29, 2021 to Mar 27, 2026
Fundraising evidence
What counts as raisingA 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.Closed to new capital
Form D filed or amended 2021-12-13: the stated $68.5M offering reported fully sold (fr-1)
evidence dated Dec 13, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Jul 16, 2020vintage year: 2020adv gav as of: Mar 27, 2026vintage basis: Form d first saleform d sold: $68.5Mform d offering: $68.5Mform d latest filed at: Dec 13, 2021
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2021 | Venture Capital Fund | $16.0M | 10 | $250,000 | 3% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $50.6M | 78 | $50,000 | 5% | yes | |
| Sep 29, 2022 | Venture Capital Fund | $92.5M | 78 | $50,000 | 5% | yes | |
| Mar 23, 2023 | Venture Capital Fund | $81.5M | 71 | $50,000 | 3% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $87.8M | 71 | $50,000 | 3% | yes | |
| Mar 27, 2026 | Venture Capital Fund | $100M | 71 | $50,000 | 17% |
Principals and agents
2 principals on Form D, 2 placement agents
- Reciprocal Ventures II GP, LLC Executive Officer
- Michael Steinberg Executive Officer
- LPS Capital LLC placement agent
- Ceros Financial Services, Inc. placement agent
Service providers
8 named on Form ADV Schedule D and Form D
- AuditorMAYER HOFFMAN MCCANN P.C. · NEW YORK, New York, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorRELIANT FUND SERVICES, LLC · NEW YORK, New York, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianCOINBASE CUSTODY TRUST COMPANY, LLC · NEW YORK, New York, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).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
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Mark and Anla Cheng Kingdon Fund | FOUNDATION | $726,911 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Mar 27, 2025Auditor changed: MAYER HOFFMAN MCCANN P.C. replaced Marcum, first reported on the Form ADV filed March 27, 2025 (previous filing March 28, 2024)Auditor changed Fact Form ADV
- Dec 13, 2021Reciprocal Ventures II, L.P. filed Form D/A: $68,550,000 sold of $68,550,000, Venture Capital FundForm D filed Fact Form D
- Jun 22, 2021Reciprocal Ventures II, L.P. filed Form D/A: $29,200,000 sold of $60,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 29, 2021Reciprocal Ventures II, L.P first reported on Form ADV by Reciprocal Venture Management, L.L.C. (Venture Capital Fund), GAV $16,000,000Fund first reported on Form ADV Fact Form ADV
- Jul 15, 2020Reciprocal Ventures II, L.P. filed Form D: no sales yet of $60,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 13, 2021 Fact Form D
- Entity type: Limited Partnership Jun 22, 2021 Fact Form D
- Entity type: Limited Partnership Jul 15, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Dec 13, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jun 22, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Jul 15, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 13, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 22, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 15, 2020 Fact Form D
- Amendment: true Dec 13, 2021 Fact Form D
- Amendment: true Jun 22, 2021 Fact Form D
- Amendment: false Jul 15, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Dec 13, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Jun 22, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Jul 15, 2020 Fact Form D
- Incorporated: withinFiveYears Dec 13, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 22, 2021 Fact Form D
- Incorporated: yetToBeFormed Jul 15, 2020 Fact Form D
- Jurisdiction: Delaware Dec 13, 2021 Fact Form D
- Jurisdiction: Delaware Jun 22, 2021 Fact Form D
- Jurisdiction: Delaware Jul 15, 2020 Fact Form D
- Amount sold (Form D): $68.5M Dec 13, 2021 Fact Form D
- Amount sold (Form D): $29.2M Jun 22, 2021 Fact Form D
- Amount sold (Form D): $0 Jul 15, 2020 Fact Form D
- Offering amount (Form D): $68.5M Dec 13, 2021 Fact Form D
- Offering amount (Form D): $60.0M Jun 22, 2021 Fact Form D
- Offering amount (Form D): $60.0M Jul 15, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 13, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 22, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 15, 2020 Fact Form D
- First sale: 2020-07-16 Dec 13, 2021 Fact Form D
- First sale: 2020-07-16 Jun 22, 2021 Fact Form D
- Investors (Form D): 73 Dec 13, 2021 Fact Form D
- Investors (Form D): 34 Jun 22, 2021 Fact Form D
- Investors (Form D): 0 Jul 15, 2020 Fact Form D
- Minimum investment (Form D): 0 Dec 13, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 22, 2021 Fact Form D
- Minimum investment (Form D): 0 Jul 15, 2020 Fact Form D
- Securities offered: pooled Dec 13, 2021 Fact Form D
- Securities offered: pooled Jun 22, 2021 Fact Form D
- Securities offered: pooled Jul 15, 2020 Fact Form D
- Office address: Dec 13, 2021 Fact Form D
- Office address: Jun 22, 2021 Fact Form D
- Office address: Jul 15, 2020 Fact Form D
- Year of incorporation: 2020 Dec 13, 2021 Fact Form D
- Year of incorporation: 2020 Jun 22, 2021 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Reciprocal Ventures II, L.P is the same institution as 3 records in Allocators, RIA and Wealth and Family Offices.
Allocators1RIA and Wealth1Family Offices1
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…
Record history
4 dated events on the change ledger, latest event first
- Form D filed2021-12-13source on record
- Form D filed2021-06-22source on record
- Fund first reported on ADV2021-03-29source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.