DFX Intelligence
LGF Scale I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- +138%reported GAV
Reported gross assets rose from $309M to $734M between the Form ADV filings of 31 Mar 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
- 2021basis: adv first reported
- 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
- $300Mwhat may be sold, not what was raised; file 021-383114, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Dec 14, 2020
- First sale
- unknown
- Reported GAV
- $734Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 98
- Reported on ADV
- Mar 30, 2021 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 2020-12-14, older than 15 months (fr-1)
evidence dated Dec 14, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: n/avintage year: 2021adv gav as of: Mar 31, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $300Mform d latest filed at: Dec 14, 2020
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2021 | Venture Capital Fund | $52.2M | 11 | 1% | yes | ||
| Mar 31, 2022 | Venture Capital Fund | $354M | 98 | 1% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $387M | 98 | 1% | yes | ||
| Mar 31, 2024 | Venture Capital Fund | $309M | 98 | 1% | yes | ||
| Mar 31, 2026 | Venture Capital Fund | $734M | 98 | 1% |
Principals and agents
2 principals on Form D, 0 placement agents
- LGF Scale GP I, LLC Director
- Lachy Groom Director
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorNAVIGATION FUND SERVICES · SANTA ROSA BEACH, Florida, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianCITIZENS BANK · SAN FRANSICO, California, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Michael & Susan Dell Foundation | FOUNDATION | $7.8M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 14, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Dec 14, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 14, 2020 Fact Form D
- Amendment: false Dec 14, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 14, 2020 Fact Form D
- Incorporated: withinFiveYears Dec 14, 2020 Fact Form D
- Jurisdiction: Delaware Dec 14, 2020 Fact Form D
- Amount sold (Form D): $0 Dec 14, 2020 Fact Form D
- Offering amount (Form D): $300M Dec 14, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 14, 2020 Fact Form D
- Investors (Form D): 0 Dec 14, 2020 Fact Form D
- Minimum investment (Form D): 0 Dec 14, 2020 Fact Form D
- Securities offered: pooled Dec 14, 2020 Fact Form D
- Office address: Dec 14, 2020 Fact Form D
- Year of incorporation: 2020 Dec 14, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
LGF Scale I, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-03-30source on record
- Form D filed2020-12-14source 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.