DFX Intelligence
3l Opportunities I - Dnz, LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
4 additional principals
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 29 Mar 2024, Reported gross assets fell from $10.4M to $297K between the Form ADV filings of 16 May 2023 and 29 Mar 2024.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $10.0Mwhat may be sold, not what was raised; file 021-439881, sworn by the adviser or filed under this vehicle
- Form D sold
- $10.0Mas of the filing of Mar 31, 2022, 1 investor
- First sale
- Mar 24, 2022
- Reported GAV
- $297,338on the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Mar 31, 2022 to Mar 29, 2024
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 2022-03-31: the stated $10.0M offering reported fully sold (fr-1)
evidence dated Mar 31, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Mar 24, 2022vintage year: 2022adv gav as of: Mar 29, 2024vintage basis: Form d first saleform d sold: $10.0Mform d offering: $10.0Mform d latest filed at: Mar 31, 2022
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $10.5M | 1 | $10.0M | 0% | yes | |
| Nov 3, 2022 | Venture Capital Fund | $10.5M | 1 | $10.0M | 0% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $10.4M | 1 | $10.0M | 0% | yes | |
| May 5, 2023 | Venture Capital Fund | $10.4M | 1 | $10.0M | 0% | yes | |
| May 16, 2023 | Venture Capital Fund | $10.4M | 1 | $10.0M | 0% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $297,338 | 1 | $10.0M | 0% | yes |
Principals and agents
7 principals on Form D, 0 placement agents
- Shawn Colo Director
- 3L Capital GP, LLC Promoter
- 3L Capital Management, LLC Promoter
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorEY · LOS ANGELES, California, United StatesForm ADV filed Oct 2, 2025 reports.adviserinfo.sec.gov
- AdministratorFTS ADMIN LLC · SAN FRANCISCO, California, United StatesForm ADV filed Oct 2, 2025 reports.adviserinfo.sec.gov
- CustodianJPMorgan · COLUMBUS, Ohio, United StatesForm ADV filed Oct 2, 2025 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
3 events
- Mar 31, 2023Administrator changed: FTS ADMIN LLC replaced FLOW, first reported on the Form ADV filed March 31, 2023 (previous filing November 3, 2022)Administrator changed Fact Form ADV
- Mar 31, 20223L Opportunities I - DNZ, LLC filed Form D: $10,000,000 sold of $10,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 31, 20223l Opportunities I - Dnz, LLC first reported on Form ADV by 3l Capital Management, LLC (Venture Capital Fund), GAV $10,500,000Fund first reported on Form ADV Fact Form ADV
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Mar 31, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Mar 31, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 31, 2022 Fact Form D
- Amendment: false Mar 31, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 31, 2022 Fact Form D
- Incorporated: withinFiveYears Mar 31, 2022 Fact Form D
- Jurisdiction: Delaware Mar 31, 2022 Fact Form D
- Amount sold (Form D): $10.0M Mar 31, 2022 Fact Form D
- Offering amount (Form D): $10.0M Mar 31, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 31, 2022 Fact Form D
- First sale: 2022-03-24 Mar 31, 2022 Fact Form D
- Investors (Form D): 1 Mar 31, 2022 Fact Form D
- Minimum investment (Form D): 0 Mar 31, 2022 Fact Form D
- Securities offered: pooled Mar 31, 2022 Fact Form D
- Office address: Mar 31, 2022 Fact Form D
- Year of incorporation: 2021 Mar 31, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
3l Opportunities I - Dnz, 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
2 dated events on the change ledger, latest event first
- Form D filed2022-03-31source on record
- Fund first reported on ADV2022-03-31source 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.