DFX Intelligence
Innovating Capital Psl LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- -20%reported GAV
Reported gross assets fell from $20M to $16M between the Form ADV filings of 1 Apr 2024 and 31 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
- 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
- indefinitewhat may be sold, not what was raised; file 021-442236, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.0Mas of the filing of Apr 18, 2022, 8 investors
- First sale
- Mar 31, 2022
- Reported GAV
- $16.0Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 27
- Reported on ADV
- Mar 30, 2022 to Mar 31, 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 2022-04-18, older than 15 months (fr-1)
evidence dated Apr 18, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: Mar 31, 2022vintage year: 2022adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $1.0Mform d offering: n/aform d latest filed at: Apr 18, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2022 | Hedge Fund | $17.0M | 9 | 33% | no | ||
| Mar 31, 2023 | Hedge Fund | $17.0M | 9 | 33% | no | ||
| Apr 1, 2024 | Venture Capital Fund | $20.0M | 25 | $100,000 | 35% | no | |
| Mar 31, 2026 | Venture Capital Fund | $16.0M | 27 | $100,000 | 35% |
Principals and agents
2 principals on Form D, 0 placement agents
- - Innovating Capital GP, LLC Promoter
- Pendleton King Executive Officer/Promoter
Service providers
1 named on Form ADV Schedule D and Form D
- CustodianJPMorgan · GREENWICH, Connecticut, United StatesForm ADV filed Mar 31, 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
3 events
- Mar 31, 2023Administrator changed: IQ-EQ replaced BLUE RIVER PARTNERS, LLC, first reported on the Form ADV filed March 31, 2023 (previous filing March 30, 2022)Administrator changed Fact Form ADV
- Apr 18, 2022Innovating Capital PSL, LP filed Form D: $1,000,000 sold (indefinite offering), Other Investment FundForm D filed Fact Form D
- Mar 30, 2022Innovating Capital Psl LP first reported on Form ADV by Innovating Capital Management, LLC (Hedge Fund), GAV $17,030,091Fund first reported on Form ADV Fact Form ADV
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 18, 2022 Fact Form D
- Form D fund type: Other Investment Fund Apr 18, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 18, 2022 Fact Form D
- Amendment: false Apr 18, 2022 Fact Form D
- Incorporated: withinFiveYears Apr 18, 2022 Fact Form D
- Jurisdiction: Delaware Apr 18, 2022 Fact Form D
- Amount sold (Form D): $1.0M Apr 18, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Apr 18, 2022 Fact Form D
- First sale: 2022-03-31 Apr 18, 2022 Fact Form D
- Indefinite offering: true Apr 18, 2022 Fact Form D
- Investors (Form D): 8 Apr 18, 2022 Fact Form D
- Minimum investment (Form D): 0 Apr 18, 2022 Fact Form D
- Securities offered: pooled Apr 18, 2022 Fact Form D
- Office address: Apr 18, 2022 Fact Form D
- Year of incorporation: 2022 Apr 18, 2022 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Innovating Capital Psl LP 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 filed2022-04-18source on record
- Fund first reported on ADV2022-03-30source 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.