DFX Intelligence
Questa Capital Partners II, 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 principal, 4 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 21 Aug 2020, Latest Form D filed on 21 Aug 2020: $305M sold of $338M offered, 59 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $338Mwhat may be sold, not what was raised; file 021-358721, sworn by the adviser or filed under this vehicle
- Form D sold
- $305Mas of the filing of Aug 21, 2020, 59 investors
- First sale
- Jan 23, 2020
- Reported GAV
- $340Mon the Form ADV filed Aug 13, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 68
- Reported on ADV
- Mar 30, 2020 to Aug 13, 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 2020-08-21, older than 15 months (fr-1)
evidence dated Aug 21, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Jan 23, 2020vintage year: 2020adv gav as of: Aug 13, 2026vintage basis: Form d first saleform d sold: $305Mform d offering: $338Mform d latest filed at: Aug 21, 2020
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2020 | Venture Capital Fund | $243M | 39 | 1% | no | ||
| Mar 26, 2021 | Venture Capital Fund | $333M | 70 | 1% | yes | ||
| Mar 30, 2022 | Venture Capital Fund | $341M | 70 | 1% | yes | ||
| May 20, 2022 | Venture Capital Fund | $341M | 70 | 1% | yes | ||
| Mar 30, 2023 | Venture Capital Fund | $354M | 68 | 1% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $347M | 68 | 1% | yes | ||
| Aug 5, 2024 | Venture Capital Fund | $347M | 68 | 1% | yes | ||
| Aug 13, 2026 | Venture Capital Fund | $340M | 68 | 1% |
Principals and agents
4 principals on Form D, 1 placement agents
- Questa Capital Partners II GP, L.L.C. Executive Officer
- Bradley H. Sloan Executive Officer
- Ryan Drant Executive Officer
- Acalyx Advisors, Inc. placement agent
Service providers
7 named on Form ADV Schedule D and Form D
- AuditorPwC · SAN FRANCISCO, California, United StatesForm ADV filed Aug 13, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · WALNUT CREEK, California, United StatesForm ADV filed Aug 13, 2026 reports.adviserinfo.sec.gov
- CustodianHSBC BANK USA, N.A. · NEW YORK, New York, United StatesForm ADV filed Aug 13, 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 |
|---|---|---|---|---|
| Healthy Communities Foundation | FOUNDATION | $1.5M 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
- Aug 21, 2020Questa Capital Partners II, L.P. filed Form D/A: $304,850,000 sold of $338,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 30, 2020Questa Capital Partners II, L.P. first reported on Form ADV by Questa Capital Management, L.L.C. (Venture Capital Fund), GAV $242,727,273Fund first reported on Form ADV Fact Form ADV
- Jan 22, 2020Questa Capital Partners II, L.P. filed Form D: no sales yet of $300,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
46 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Aug 21, 2020 Fact Form D
- Entity type: Limited Partnership Jan 22, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Aug 21, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Jan 22, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Aug 21, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 22, 2020 Fact Form D
- Amendment: false Fact Form D
- Amendment: true Aug 21, 2020 Fact Form D
- Amendment: false Jan 22, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Fact Form D
- Revenue range (Form D): Not Applicable Aug 21, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Jan 22, 2020 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Aug 21, 2020 Fact Form D
- Incorporated: withinFiveYears Jan 22, 2020 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Aug 21, 2020 Fact Form D
- Jurisdiction: Delaware Jan 22, 2020 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $305M Aug 21, 2020 Fact Form D
- Amount sold (Form D): $0 Jan 22, 2020 Fact Form D
- Offering amount (Form D): $300M Fact Form D
- Offering amount (Form D): $338M Aug 21, 2020 Fact Form D
- Offering amount (Form D): $300M Jan 22, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 21, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 22, 2020 Fact Form D
- First sale: 2020-01-23 Aug 21, 2020 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 59 Aug 21, 2020 Fact Form D
- Investors (Form D): 0 Jan 22, 2020 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Aug 21, 2020 Fact Form D
- Minimum investment (Form D): 0 Jan 22, 2020 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Aug 21, 2020 Fact Form D
- Securities offered: pooled Jan 22, 2020 Fact Form D
- Office address: Fact Form D
- Office address: Aug 21, 2020 Fact Form D
- Office address: Jan 22, 2020 Fact Form D
- Year of incorporation: 2020 Fact Form D
- Year of incorporation: 2020 Aug 21, 2020 Fact Form D
- Year of incorporation: 2020 Jan 22, 2020 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Questa Capital Partners II, 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
3 dated events on the change ledger, latest event first
- Form D filed2020-08-21source on record
- Fund first reported on ADV2020-03-30source on record
- Form D filed2020-01-22source 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.