DFX Intelligence
Drive Capital Overdrive Fund II, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional placement agents
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
- +105%reported GAV
Reported gross assets rose from $530M to $1.09B between the Form ADV filings of 28 Mar 2024 and 17 Jun 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
- 2022basis: 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
- $600Mwhat may be sold, not what was raised; file 021-414310, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Sep 22, 2021
- First sale
- unknown
- Reported GAV
- $1.1Bon the Form ADV filed Jun 17, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 115
- Reported on ADV
- Mar 29, 2022 to Jun 17, 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 2021-09-22, older than 15 months (fr-1)
evidence dated Sep 22, 2021.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: n/avintage year: 2022adv gav as of: Jun 17, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $600Mform d latest filed at: Sep 22, 2021
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2022 | Venture Capital Fund | $526M | 106 | $500,000 | 1% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $621M | 115 | $500,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $530M | 115 | $500,000 | 1% | yes | |
| Jun 17, 2026 | Venture Capital Fund | $1.1B | 115 | $500,000 | 7% |
Principals and agents
2 principals on Form D, 0 placement agents
- Christopher Olsen Executive Officer
- Mark Kvamme Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorDeloitte · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- AdministratorZEDRA · BEACHWOOD, Ohio, United StatesForm ADV filed Jun 17, 2026 reports.adviserinfo.sec.gov
- CustodianTHE HUNTINGTON NATIONAL BANK · COLUMBUS, Ohio, United StatesForm ADV filed Jun 17, 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.3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Ventura County Employees Retirement Association | PUBLIC PENSION | $10.0M committed | reported as of Mar 31, 2025 | Fact Pension disclosure |
| Hess Philanthropic Fund | FOUNDATION | $748,663 fair value on the foundation's return | reported as of Nov 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Larry H Miller & Gail Miller Family Foundation | FOUNDATION | $3.8M 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
3 events
- May 14, 2026Administrator changed: ZEDRA replaced GRYPHON FUND GROUP, LLC, first reported on the Form ADV filed May 14, 2026 (previous filing March 27, 2026)Administrator changed Fact Form ADV
- Mar 29, 2022Drive Capital Overdrive Fund II, L.P. first reported on Form ADV by Drive Capital LLC (Venture Capital Fund), GAV $526,074,939Fund first reported on Form ADV Fact Form ADV
- Sep 22, 2021Drive Capital Overdrive Fund II, L.P. filed Form D: no sales yet of $600,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 22, 2021 Fact Form D
- Form D fund type: Venture Capital Fund Sep 22, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 22, 2021 Fact Form D
- Amendment: false Sep 22, 2021 Fact Form D
- Revenue range (Form D): Not Applicable Sep 22, 2021 Fact Form D
- Incorporated: withinFiveYears Sep 22, 2021 Fact Form D
- Jurisdiction: Delaware Sep 22, 2021 Fact Form D
- Amount sold (Form D): $0 Sep 22, 2021 Fact Form D
- Offering amount (Form D): $600M Sep 22, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Sep 22, 2021 Fact Form D
- Investors (Form D): 0 Sep 22, 2021 Fact Form D
- Minimum investment (Form D): 0 Sep 22, 2021 Fact Form D
- Securities offered: pooled Sep 22, 2021 Fact Form D
- Office address: Sep 22, 2021 Fact Form D
- Year of incorporation: 2021 Sep 22, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Drive Capital Overdrive Fund 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.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-29source on record
- Form D filed2021-09-22source 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.