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Funds / G•••••• C••••••• G•••• X• • G••••• V••••••• L•••

G•••••• C••••••• G•••• X• • G••••• V••••••• L•••

MatureClosed to new capitalGrowth fundADV: Venture Capital FundG•••••• C•••••••Massachusetts
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
$1.0Bwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the adviser itself named on the filing, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-364650
Form D sold
$1.0Bas of the filing of Apr 9, 2020, 133 investors
First sale
Mar 26, 2020
Reported GAV
$1.1Bon the Form ADV filed May 16, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
135
Reported on ADV
Mar 30, 2020 to May 16, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-04-09: the stated $1.0bn offering reported fully sold (fr-1)
evidence dated Apr 9, 2020. 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: 6first sale: 2020-03-26vintage year: $2,020adv gav as of: 2024-05-16vintage basis: form_d_first_saleform d sold usd: $1.0Bform d offering usd: $1.0Bform d latest filed at: 2020-04-09
The fund's own reporting through time
9 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2020Venture Capital Fund$1.0B
135$43,4783%yes
Mar 31, 2021Venture Capital Fund$1.3B
135$43,4783%yes
Oct 27, 2021Venture Capital Fund$1.3B
135$43,4783%yes
Mar 31, 2022Venture Capital Fund$2.3B
135$43,4783%yes
Nov 3, 2022Venture Capital Fund$2.3B
135$43,4783%yes
Mar 30, 2023Venture Capital Fund$1.3B
135$43,4783%yes
May 22, 2023Venture Capital Fund$1.3B
135$43,4783%yes
Mar 29, 2024Venture Capital Fund$1.1B
135$43,4783%yes
May 16, 2024Venture Capital Fund$1.1B
135$43,4783%yes
Principals and agents
17 principals on Form D, 0 placement agents
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
L•• A•••••• C••• E••••••••• R••••••••• S••••• lacers.org2020$16.7M$16.7Mn/a$24.0M7.9%1.4xDec 31, 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
3 events
Evidence
16 observations
Every observation on this vehicle