Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / Sovereign's Brightlight Sidecar, LP

Sovereign's Brightlight Sidecar, LP

MatureClosed to new capitalSPV or co-invest vehicleother manager vehicleADV: Private Equity FundSovereign's Capital Management, LLCDelaware
Amounts, each with its basis
Vintage
2021basis: 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
$2.7Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-395432
Form D sold
$2.7Mas of the filing of Apr 12, 2021, 5 investors
First sale
Mar 31, 2021
Reported GAV
$2.4Mon the Form ADV filed Nov 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
6
Reported on ADV
Mar 31, 2022 to Nov 27, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-04-12: the stated $2.7M offering reported fully sold (fr-1)
evidence dated Apr 12, 2021. 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: 5first sale: 2021-03-31vintage year: $2,021adv gav as of: 2024-11-27vintage basis: form_d_first_saleform d sold usd: $2.7Mform d offering usd: $2.7Mform d latest filed at: 2021-04-12
The fund's own reporting through time
14 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Private Equity Fund$2.9M
51%no
May 20, 2022Private Equity Fund$2.9M
51%no
Jun 30, 2022Private Equity Fund$2.8M
51%yes
Sep 15, 2022Private Equity Fund$2.8M
51%yes
Jan 3, 2023Private Equity Fund$2.8M
51%yes
Jan 17, 2023Private Equity Fund$2.8M
51%yes
Mar 30, 2023Private Equity Fund$2.8M
61%yes
Apr 28, 2023Private Equity Fund$2.8M
61%yes
Jul 18, 2023Private Equity Fund$2.8M
61%yes
Sep 29, 2023Private Equity Fund$2.8M
61%yes
Mar 28, 2024Private Equity Fund$2.4M
678%yes
May 16, 2024Private Equity Fund$2.4M
678%yes
Jul 12, 2024Private Equity Fund$2.4M
678%yes
Nov 27, 2024Private Equity Fund$2.4M
678%yes
Principals and agents
2 principals on Form D, 0 placement agents
Limited partners and their reported performance
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.
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
2 events
  1. Mar 31, 2022
    Sovereign's Brightlight Sidecar, LP first reported on Form ADV by Sovereign's Capital Management, LLC (Private Equity Fund), GAV $2,889,000
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  2. Apr 12, 2021
    Sovereign's Brightlight Sidecar, LP filed Form D: $2,731,903 sold of $2,731,903, Other Investment Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
15 observations
Every observation on this vehicle