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 / Fannin Brevitest Holdings I, LLC

Fannin Brevitest Holdings I, LLC

MatureUnknownFundADV: Venture Capital FundFannin Advisory, LLCTexas
Amounts, each with its basis
Vintage
2020basis: 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
$5.1Mwhat may be sold, not what was raised; file 021-384125, sworn by the adviser or filed under this vehicle
Form D sold
$2.7Mas of the filing of Dec 22, 2021, 20 investors
First sale
Dec 8, 2020
Reported GAV
$5.1Mon the Form ADV filed Jun 24, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
26
Reported on ADV
Mar 30, 2021 to Jun 24, 2024
Fundraising evidence
Unknown
latest Form D 2021-12-22, older than 15 months (fr-1)
evidence dated Dec 22, 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: 6first sale: 2020-12-08vintage year: $2,020adv gav as of: 2024-06-24vintage basis: form_d_first_saleform d sold usd: $2.7Mform d offering usd: $5.1Mform d latest filed at: 2021-12-22
The fund's own reporting through time
5 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2021Venture Capital Fund$2.2M
19$5,0000%no
Mar 23, 2022Venture Capital Fund$4.0M
21$2,50012%no
Mar 30, 2023Venture Capital Fund$5.1M
26$2,50020%no
Mar 28, 2024Venture Capital Fund$5.1M
26$2,50020%no
Jun 24, 2024Venture Capital Fund$5.1M
26$2,50020%no
Principals and agents
2 principals on Form D, 1 placement agents
  • Mark E. Worscheh Executive Officer
  • Fannin Advisory, LLC Executive Officer
  • 16 Points, LLC placement agent
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
3 events
  1. Dec 22, 2021
    Fannin Brevitest Holdings I, LLC filed Form D/A: $2,690,420 sold of $5,100,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 30, 2021
    Fannin Brevitest Holdings I, LLC first reported on Form ADV by Fannin Advisory, LLC (Venture Capital Fund), GAV $2,190,348
    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)
  3. Dec 23, 2020
    Fannin Brevitest Holdings I, LLC filed Form D: $2,190,420 sold of $5,100,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle