DFX Intelligence
Volition Capital Fund IV, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 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
- +52%reported GAV
Reported gross assets rose from $631M to $960M between the Form ADV filings of 29 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
- 2019basis: 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
- $400Mwhat may be sold, not what was raised; file 021-355828, sworn by the adviser or filed under this vehicle
- Form D sold
- $400Mas of the filing of Dec 18, 2019, 97 investors
- First sale
- Dec 13, 2019
- Reported GAV
- $960Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 98
- Reported on ADV
- Mar 26, 2020 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.Closed to new capital
Form D filed or amended 2019-12-18: the stated $400.0M offering reported fully sold (fr-1)
evidence dated Dec 18, 2019.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Dec 13, 2019vintage year: 2019adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $400Mform d offering: $400Mform d latest filed at: Dec 18, 2019
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 26, 2020 | Venture Capital Fund | $405M | 97 | $60,000 | 1% | yes | |
| Mar 29, 2021 | Venture Capital Fund | $403M | 98 | $60,000 | 1% | yes | |
| Mar 29, 2022 | Venture Capital Fund | $443M | 98 | $60,000 | 1% | yes | |
| Mar 27, 2023 | Venture Capital Fund | $530M | 98 | $60,000 | 1% | yes | |
| Jul 7, 2023 | Venture Capital Fund | $530M | 98 | $60,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $631M | 98 | $60,000 | 1% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $960M | 98 | $60,000 | 1% |
Principals and agents
5 principals on Form D, 0 placement agents
- Volition Capital Advisors IV, LLC Executive Officer
- Sean P Cantwell Executive Officer
- Roger D Hurwitz Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorMAYER HOFFMAN MCCANN P.C. · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · CHARLOTTE, North Carolina, 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Mcgregor Fund | FOUNDATION | $2.5M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Circle of Service Foundation | FOUNDATION | $3.2M 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
3 events
- Mar 29, 2021Administrator changed: Standish Management replaced VMS FUND ADMINISTRATION, first reported on the Form ADV filed March 29, 2021 (previous filing March 26, 2020)Administrator changed Fact Form ADV
- Mar 26, 2020Volition Capital Fund IV, LP first reported on Form ADV by Volition Capital LLC (Venture Capital Fund), GAV $404,820,000Fund first reported on Form ADV Fact Form ADV
- Dec 18, 2019Volition Capital Fund IV, L.P. filed Form D: $400,000,000 sold of $400,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Dec 18, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Dec 18, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Dec 18, 2019 Fact Form D
- Amendment: false Fact Form D
- Amendment: false Dec 18, 2019 Fact Form D
- Revenue range (Form D): Not Applicable Fact Form D
- Revenue range (Form D): Not Applicable Dec 18, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Dec 18, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Dec 18, 2019 Fact Form D
- Amount sold (Form D): $400M Fact Form D
- Amount sold (Form D): $400M Dec 18, 2019 Fact Form D
- Offering amount (Form D): $400M Fact Form D
- Offering amount (Form D): $400M Dec 18, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Dec 18, 2019 Fact Form D
- First sale: 2019-12-13 Fact Form D
- First sale: 2019-12-13 Dec 18, 2019 Fact Form D
- Investors (Form D): 97 Fact Form D
- Investors (Form D): 97 Dec 18, 2019 Fact Form D
- Minimum investment (Form D): 60,000 Fact Form D
- Minimum investment (Form D): 60,000 Dec 18, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Dec 18, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Dec 18, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Dec 18, 2019 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Volition Capital Fund IV, LP is the same institution as 2 records in RIA and Wealth and Allocators.
RIA and Wealth1Allocators1
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 ADV2020-03-26source on record
- Form D filed2019-12-18source 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.