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Funds / P••• B•••• C•••••• P••••••• L•

P••• B•••• C•••••• P••••••• L•

UnknownUnknownFundADV: Venture Capital FundP••• B••••Delaware
Amounts, each with its basis
Vintage
unknownno dated first sale or first report yet
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
unknownwhat may be sold, not what was raised; file 021-113184, sworn by the adviser or filed under this vehicle
Form D sold
unknown
First sale
unknown
Reported GAV
$68.4Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
71
Reported on ADV
Mar 30, 2012 to Mar 29, 2024
Structure
master
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-03-29vintage basis: n/aform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
17 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2012Venture Capital Fund$713M
71$1.0M5%yes
Mar 26, 2013Venture Capital Fund$713M
71$1.0M5%yes
Mar 31, 2014Venture Capital Fund$1.1B
71$100M5%yes
Mar 30, 2015Venture Capital Fund$946M
71$100M5%yes
Mar 30, 2016Venture Capital Fund$653M
71$100M5%yes
Mar 30, 2017Venture Capital Fund$749M
71$100M5%yes
Mar 13, 2018Venture Capital Fund$501M
71$100M5%yes
Mar 29, 2019Venture Capital Fund$301M
70$100M5%yes
May 7, 2019Venture Capital Fund$301M
70$100M5%yes
Jul 10, 2019Venture Capital Fund$301M
70$100M5%yes
Mar 30, 2020Venture Capital Fund$146M
70$10.0M5%yes
Mar 30, 2021Venture Capital Fund$151M
70$10.0M5%yes
May 6, 2021Venture Capital Fund$151M
70$10.0M5%yes
Aug 17, 2021Venture Capital Fund$95.4M
70$10.0M5%yes
Mar 30, 2022Venture Capital Fund$152M
70$10.0M5%yes
Mar 30, 2023Venture Capital Fund$83.7M
70$10.0M5%yes
Mar 29, 2024Venture Capital Fund$68.4M
71$10.0M5%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
O••••• P••••• E•••••••• R••••••••• F••• oregon.gov2007$100M$113M$144M$06.5%1.3xMar 31, 2026

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
  1. Mar 31, 2026
    OPERF reports P••• B•••• C•••••• P•••••••: $100,000,000 committed, vintage 2007, net IRR 6.5%, 1.27x
  2. Mar 31, 2026
    OPERF reports P••• B•••• C•••••• P•••••••: $100,000,000 committed, vintage 2007, net IRR 6.5%, 1.27x
  3. Mar 30, 2012
    P••• B•••• C•••••• P••••••• L• first reported on Form ADV by P••• B•••• (Venture Capital Fund), GAV $713,321,202
Evidence
0 observations
Every observation on this vehicle