DFX Intelligence
SCP Dragon Investments LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +247%reported GAV
Reported gross assets rose from $100M to $347M between the Form ADV filings of 21 May 2024 and 29 May 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
- 2024basis: 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
- $4.5Mwhat may be sold, not what was raised; file 021-517520, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.5Mas of the filing of Jul 1, 2024, 4 investors
- First sale
- Jun 17, 2024
- Reported GAV
- $347Mon the Form ADV filed May 29, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 42
- Reported on ADV
- Mar 6, 2019 to May 29, 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.Unknown
latest Form D 2024-07-01, older than 15 months (fr-1)
evidence dated Jul 1, 2024.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: Jun 17, 2024vintage year: 2024adv gav as of: May 29, 2026vintage basis: Form d first saleform d sold: $3.5Mform d offering: $4.5Mform d latest filed at: Jul 1, 2024
The fund's own reporting through time
12 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 6, 2019 | Venture Capital Fund | $19.1M | 39 | $75,000 | 15% | no | |
| Mar 21, 2019 | Venture Capital Fund | $19.1M | 39 | $75,000 | 15% | no | |
| Mar 10, 2020 | Venture Capital Fund | $19.1M | 39 | $75,000 | 15% | no | |
| Feb 26, 2021 | Venture Capital Fund | $19.1M | 39 | $75,000 | 15% | no | |
| Mar 31, 2022 | Venture Capital Fund | $19.3M | 39 | $75,000 | 15% | no | |
| Jun 29, 2022 | Venture Capital Fund | $19.3M | 39 | $50,000 | 15% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $80.2M | 39 | $50,000 | 15% | yes | |
| Jul 27, 2023 | Venture Capital Fund | $80.2M | 39 | $50,000 | 15% | yes | |
| Dec 14, 2023 | Venture Capital Fund | $80.2M | 39 | $50,000 | 15% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $100.0M | 39 | $50,000 | 15% | yes | |
| May 21, 2024 | Venture Capital Fund | $100.0M | 39 | $50,000 | 15% | yes | |
| May 29, 2026 | Venture Capital Fund | $347M | 42 | $50,000 | 19% |
Principals and agents
6 principals on Form D, 0 placement agents
- Charles de Viel Executive Officer/Promoter
- Carlos Lopez-Ona Executive Officer/Promoter
- Stelac Capital Partners LLC Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN FRANCISCO, California, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed May 29, 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.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
- Jul 1, 2024SCP Dragon Investments LLC filed Form D: $3,500,000 sold of $4,500,000, Venture Capital FundForm D filed Fact Form D
- Mar 28, 2024Auditor changed: Frank, Rimerman + Co. replaced FULVIO & ASSOCIATES LLP, first reported on the Form ADV filed March 28, 2024 (previous filing December 14, 2023)Auditor changed Fact Form ADV
- Mar 30, 2023Auditor changed: FULVIO & ASSOCIATES LLP replaced Frank, Rimerman + Co., first reported on the Form ADV filed March 30, 2023 (previous filing June 29, 2022)Auditor changed Fact Form ADV
- Mar 30, 2023Custodian changed: First Republic Bank replaced JPMorgan, first reported on the Form ADV filed March 30, 2023 (previous filing June 29, 2022)Custodian changed Fact Form ADV
- Mar 6, 2019SCP Dragon Investments LLC first reported on Form ADV by Stelac Capital Partners LLC (Venture Capital Fund), GAV $19,050,000Fund first reported on Form ADV Fact Form ADV
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Jul 1, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Jul 1, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 1, 2024 Fact Form D
- Amendment: false Jul 1, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 1, 2024 Fact Form D
- Incorporated: overFiveYears Jul 1, 2024 Fact Form D
- Jurisdiction: Delaware Jul 1, 2024 Fact Form D
- Amount sold (Form D): $3.5M Jul 1, 2024 Fact Form D
- Offering amount (Form D): $4.5M Jul 1, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jul 1, 2024 Fact Form D
- First sale: 2024-06-17 Jul 1, 2024 Fact Form D
- Investors (Form D): 4 Jul 1, 2024 Fact Form D
- Minimum investment (Form D): 500,000 Jul 1, 2024 Fact Form D
- Offering other type: Class A Units Jul 1, 2024 Fact Form D
- Securities offered: Equity, pooled Jul 1, 2024 Fact Form D
- Office address: Jul 1, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
SCP Dragon Investments LLC 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.
Checking your plan…
Record history
1 identity change, 2 dated events on the change ledger, latest event first
- Merged in2026-09-15
- Form D filed2024-07-01source on record
- Fund first reported on ADV2019-03-06source 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.