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Funds / G•• C•••••• V•• L•••

G•• C•••••• V•• L•••

MatureUnknownFundADV: Venture Capital FundG•• C•••••• L••Cayman Islands
Amounts, each with its basis
Vintage
2019basis: adv first reported
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
$1.9Bwhat may be sold, not what was raised; file 021-319072, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Aug 13, 2018
First sale
unknown
Reported GAV
$1.2Bon the Form ADV filed Sep 4, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
101
Reported on ADV
Mar 28, 2019 to Sep 4, 2024
Fundraising evidence
Unknown
latest Form D 2018-08-13, older than 15 months (fr-1)
evidence dated Aug 13, 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
Mature
vintage 4 to 7 years
age years: 7first sale: n/avintage year: $2,019adv gav as of: 2024-09-04vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $1.9Bform d latest filed at: 2018-08-13
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 28, 2019Venture Capital Fund$0
96$528,0002%yes
Mar 27, 2020Venture Capital Fund$337M
96$528,0002%yes
Mar 29, 2021Venture Capital Fund$1.0B
96$528,0002%yes
Mar 31, 2022Venture Capital Fund$1.6B
96$528,0002%yes
Mar 30, 2023Venture Capital Fund$1.5B
96$528,0002%yes
Mar 29, 2024Venture Capital Fund$1.2B
101$528,0002%yes
Apr 23, 2024Venture Capital Fund$1.2B
101$528,0002%yes
Sep 4, 2024Venture Capital Fund$1.2B
101$528,0002%yes
Principals and agents
4 principals on Form D, 0 placement agents
  • G•• C•••••• V•• E••••••••• F••• L••••• Promoter
  • G•• C•••••• V•• L••••• Promoter
  • G•• C•••••• V•• P••• L••••• Promoter
  • G•• D•••••••• I• L••••• Promoter
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
O••••• P••••• E•••••••• R••••••••• F••• oregon.gov2019$64.0M$61.8M$3.3M$62.2M1.1%1.1xMar 31, 2026
C••••••••• S•••• T•••••••• R••••••••• S••••• calstrs.com2019$48.0M$46.3M$2.5M$48.8M2.1%1.1xJun 30, 2025

Each 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).

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
6 events
Evidence
15 observations
Every observation on this vehicle