DFX Intelligence
Venture Capital Intelligence
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 / Sands Capital Private Growth Fund, L.P.
Sands Capital Private Growth Fund, L.P.
Amounts, each with its basis
- Vintage
- 2014basis: 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 021-228822, sworn by the adviser or filed under this vehicle
- Form D sold
- $77.4Mas of the filing of Nov 21, 2014, 42 investors
- First sale
- Nov 7, 2014
- Reported GAV
- $43.0Mon the Form ADV filed Oct 11, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 82
- Reported on ADV
- Mar 30, 2015 to Oct 11, 2024
Fundraising evidence
Unknown
latest Form D 2014-11-21, older than 15 months (fr-1)
evidence dated Nov 21, 2014. 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
Harvest
vintage over 7 years, still reported
age years: 12first sale: 2014-11-07vintage year: $2,014adv gav as of: 2024-10-11vintage basis: form_d_first_saleform d sold usd: $77.4Mform d offering usd: n/aform d latest filed at: 2014-11-21
The fund's own reporting through time
20 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2015 | Venture Capital Fund | $88.5M | 82 | $5.0M | 39% | yes | |
| Aug 20, 2015 | Venture Capital Fund | $88.5M | 82 | $5.0M | 39% | yes | |
| Mar 17, 2016 | Venture Capital Fund | $88.5M | 82 | $5.0M | 39% | yes | |
| Apr 27, 2016 | Venture Capital Fund | $88.5M | 82 | $5.0M | 39% | yes | |
| May 20, 2016 | Venture Capital Fund | $88.5M | 82 | $5.0M | 39% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $88.3M | 82 | $5.0M | 39% | yes | |
| Oct 31, 2017 | Venture Capital Fund | $88.3M | 82 | $5.0M | 39% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $57.5M | 82 | $5.0M | 39% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $62.5M | 82 | $5.0M | 39% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $62.5M | 82 | $5.0M | 39% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $27.4M | 82 | $5.0M | 39% | yes | |
| Dec 20, 2021 | Venture Capital Fund | $27.4M | 82 | $5.0M | 39% | yes | |
| Jan 10, 2022 | Venture Capital Fund | $27.4M | 82 | $5.0M | 39% | yes | |
| Feb 10, 2022 | Venture Capital Fund | $27.4M | 82 | $5.0M | 39% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $48.0M | 82 | 39% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $33.6M | 82 | 39% | yes | ||
| Feb 6, 2024 | Venture Capital Fund | $33.6M | 82 | 39% | yes | ||
| Mar 27, 2024 | Venture Capital Fund | $43.0M | 82 | 39% | yes | ||
| Jul 1, 2024 | Venture Capital Fund | $43.0M | 82 | 39% | yes | ||
| Oct 11, 2024 | Venture Capital Fund | $43.0M | 82 | 39% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Michael Rubin Executive Officer
- Jonathan Goodman Executive Officer
- Erin Soule Executive Officer
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
- Mar 30, 2015Sands Capital Private Growth Fund, L.P. first reported on Form ADV by Sands Capital Ventures, LLC (Venture Capital Fund), GAV $88,481,742Fund 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)
- Nov 21, 2014Sands Capital Private Growth Fund, L.P. filed Form D: $77,365,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $77.4M Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2014-11-07 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 42 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O SANDS CAPITAL MANAGEMENT, LLC, 1101 WILSON BOULEVARD, SUITE 2300, ARLINGTON, VA, 22209 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2014 Nov 21, 2014 Fact SEC EDGAR Form D data sets (quarterly)