U.S. Venture Partners VII, L.P.

Fundmanaged by U.S. Venture Partners· Delaware
Reported gross assets
$135M
Form ADV, Mar 29, 2021
Wound downFundraising status unknownADV: Venture Capital FundWound down

No longer reported on Form ADV; the fund appears wound down.

More
As of · the latest observation of this vehicle; each figure below carries its own filing date

What matters now

  1. 1 LP report
    public disclosures

    1 public LP report name this vehicle; the latest, Washington State Investment Board as of 31 Dec 2025, shows $39.4M committed and 0.70x (the LP's own figures).

    A named LP and its own performance figures are the strongest outside read on a fund.

    FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…

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
Form D sold
unknown
First sale
unknown
Reported GAV
$135Mon the Form ADV filed Mar 29, 2021; the fund's assets, never its size or dry powder
Owners (ADV)
76
Reported on ADV
Mar 29, 2012 to Mar 29, 2021no longer reported: wound down, transferred or renamed

Fundraising evidence

Unknown
no Form D or close on record (fr-1)

Lifecycle

Wound down
dropped from Form ADV while the adviser kept filing
last reported: n/a

The fund's own reporting through time

12 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 29, 2012Venture Capital Fund$39.8M
862%yes
Mar 20, 2013Venture Capital Fund$39.5M
862%yes
Oct 31, 2013Venture Capital Fund$39.5M
862%yes
Mar 27, 2014Venture Capital Fund$39.7M
862%yes
Mar 30, 2015Venture Capital Fund$40.5M
852%yes
Sep 29, 2015Venture Capital Fund$40.5M
852%yes
Mar 28, 2016Venture Capital Fund$40.4M
792%yes
Mar 28, 2017Venture Capital Fund$40.3M
792%yes
Mar 22, 2018Venture Capital Fund$32.9M
772%yes
Mar 29, 2019Venture Capital Fund$31.1M
772%yes
May 12, 2020Venture Capital Fund$31.1M
762%yes
Mar 29, 2021Venture Capital Fund$135M
761%yes

Principals and agents

0 principals on Form D, 0 placement agents
No Form D related person on record.

Service providers

3 named on Form ADV Schedule D and Form D
  • AuditorBDO · SAN FRANCISCO, California, United StatesForm ADV filed Mar 29, 2021 sec.gov
  • CustodianBank of America · MENLO PARK, California, United StatesForm ADV filed Mar 29, 2021 sec.gov
  • CustodianBank of America · SAN FRANCISCO, California, United StatesForm ADV filed Mar 29, 2021 sec.gov

Limited partners and their reported performance

1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
Washington State Investment Board sib.wa.gov2000$39.4M$39.4M$27.6MNot disclosednot meaningful yet0.7xDec 31, 2025

Known LPs and allocators

2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
Washington State Investment BoardPUBLIC INSTITUTIONAL POOL$39.4M
committed
committed Jan 11, 2000Fact Pension disclosure
Hawaii Employees' Retirement SystemSTATE RETIREMENT SYSTEM$6.4M
committed
reported as of Dec 31, 2025Fact Pension disclosure

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

4 events
  1. Dec 31, 2025
    WSIB reports U.S. Venture Partners VII, L.P.: $39,416,667 committed, vintage 2000
    LP commitment disclosed Fact Pension disclosure
  2. Dec 31, 2025
    WSIB reports U.S. Venture Partners VII, L.P.: $39,416,667 committed, vintage 2000
    LP commitment disclosed Fact Pension disclosure
  3. Mar 31, 2022
    U.S. Venture Partners VII, L.P. no longer reported on Form ADV by U.S. Venture Partners
    Fund no longer reported Inference Form ADV
  4. Mar 29, 2012
    U.S. Venture Partners VII, L.P. first reported on Form ADV by U.S. Venture Partners (Venture Capital Fund), GAV $39,840,991
    Fund first reported on Form ADV Fact Form ADV

Evidence

0 observations
Every observation on this vehicle

    Relationships across DFX

    on 2 other DFX graphs · 10 capital paths
    Across the graphs

    U.S. Venture Partners VII, 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…

    Capital chain

    U.S. Venture Partners VII, L.P. sits on 10 traced paths of capital across the graphs.

    Allocator to VC fund to manager to company

    DFX traced 10 paths of capital through this record

    Every record on each path, what it committed or lent, and as of when.

    Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

    Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

    Checking your plan…

    Record history

    4 dated events on the change ledger, latest event first
    • LP commitment disclosed
      2025-12-31source on record
    • LP commitment disclosed
      2025-12-31source on record
    • Fund dropped from ADV
      2022-03-31source on record

    +1 more change on this record's ledger

    Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

    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.