DFX Intelligence
Frist Cressey Co-Invest, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Newly closedClosed to new capitalADV: Venture Capital FundCo-investment vehicle
A co-investment vehicle for specific deals, not a commingled fund.
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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +69%reported GAV
Reported gross assets rose from $41.3M to $69.9M between the Form ADV filings of 2 May 2024 and 17 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
- 2023basis: 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
- $2.6Mwhat may be sold, not what was raised; file 021-469052, 021-489053, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.6Mas of the filing of Oct 15, 2024, 18 investors
- First sale
- Oct 1, 2024
- Reported GAV
- $69.9Mon the Form ADV filed Mar 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 47
- Reported on ADV
- Mar 14, 2023 to Mar 17, 2026
Fundraising evidenceWhat 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 2024-10-15: the stated $2.6M offering reported fully sold (fr-1)
evidence dated Oct 15, 2024.
LifecycleNewly closed
first sale within 24 months; Form D sold out or quiet
first sale: Oct 1, 2024vintage year: 2023adv gav as of: Mar 17, 2026vintage basis: ADV first reportedform d sold: $2.6Mform d offering: $2.6Mform d latest filed at: Oct 15, 2024
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 14, 2023 | Venture Capital Fund | $27.0M | 34 | $200,000 | 2% | no | |
| Mar 21, 2024 | Venture Capital Fund | $41.3M | 46 | $200,000 | 5% | no | |
| May 2, 2024 | Venture Capital Fund | $41.3M | 46 | $200,000 | 5% | no | |
| Mar 17, 2026 | Venture Capital Fund | $69.9M | 47 | $200,000 | 5% |
Principals and agents
4 principals on Form D, 0 placement agents
- Christopher ` Booker Executive Officer/Promoter
- William Frist Executive Officer/Director/Promoter
- - Frist Cressey Ventures Management, LLC Executive Officer/Director
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorJuniper Square · SAN FRANCISCO, California, United StatesForm ADV filed Mar 17, 2026 reports.adviserinfo.sec.gov
- CustodianPINNACLE FINANCIAL PARTNERS, INC. · NASHVILLE, Tennessee, United StatesForm ADV filed Mar 17, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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
4 events
- Mar 17, 2025Administrator changed: Juniper Square replaced TMF GROUP, first reported on the Form ADV filed March 17, 2025 (previous filing May 2, 2024)Administrator changed Fact Form ADV
- Oct 15, 2024Frist Cressey Co-Invest, LLC filed Form D: $2,623,139 sold of $2,623,139, Venture Capital FundForm D filed Fact Form D
- Mar 14, 2023Frist Cressey Co-Invest, LLC first reported on Form ADV by Frist Cressey Ventures Management, LLC (Venture Capital Fund), GAV $26,982,306Fund first reported on Form ADV Fact Form ADV
- Dec 29, 2022Frist Cressey Co-Invest, LLC filed Form D: $26,986,000 sold of $26,986,000, Venture Capital FundForm D filed Fact Form D
Evidence
33 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Oct 15, 2024 Fact Form D
- Entity type: Limited Liability Company Dec 29, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Oct 15, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Dec 29, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 15, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 29, 2022 Fact Form D
- Amendment: false Oct 15, 2024 Fact Form D
- Amendment: false Dec 29, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 15, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 29, 2022 Fact Form D
- Incorporated: withinFiveYears Oct 15, 2024 Fact Form D
- Incorporated: withinFiveYears Dec 29, 2022 Fact Form D
- Jurisdiction: Delaware Oct 15, 2024 Fact Form D
- Jurisdiction: Delaware Dec 29, 2022 Fact Form D
- Amount sold (Form D): $2.6M Oct 15, 2024 Fact Form D
- Amount sold (Form D): $27.0M Dec 29, 2022 Fact Form D
- Offering amount (Form D): $2.6M Oct 15, 2024 Fact Form D
- Offering amount (Form D): $27.0M Dec 29, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Oct 15, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Dec 29, 2022 Fact Form D
- First sale: 2024-10-01 Oct 15, 2024 Fact Form D
- First sale: 2022-12-20 Dec 29, 2022 Fact Form D
- Investors (Form D): 18 Oct 15, 2024 Fact Form D
- Investors (Form D): 33 Dec 29, 2022 Fact Form D
- Minimum investment (Form D): 0 Oct 15, 2024 Fact Form D
- Minimum investment (Form D): 200,000 Dec 29, 2022 Fact Form D
- Offering other type: New series limited liability company interests Dec 29, 2022 Fact Form D
- Securities offered: Equity, pooled Oct 15, 2024 Fact Form D
- Securities offered: Equity, pooled Dec 29, 2022 Fact Form D
- Office address: Oct 15, 2024 Fact Form D
- Office address: Dec 29, 2022 Fact Form D
- Year of incorporation: 2022 Oct 15, 2024 Fact Form D
- Year of incorporation: 2022 Dec 29, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Frist Cressey Co-Invest, 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, 3 dated events on the change ledger, latest event first
- Merged in2026-09-30
- Form D filed2024-10-15source on record
- Fund first reported on ADV2023-03-14source 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.