DFX Intelligence
Atreides Special Circumstances Fund, LLC - Series M Dis
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital FundFeeder or parallel vehicle
A feeder, parallel or offshore vehicle of a main fund; its assets may overlap the main fund's.
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 additional principal
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +346%reported GAV
Reported gross assets rose from $38.2M to $171M between the Form ADV filings of 28 Mar 2024 and 28 Aug 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: 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
- indefinitewhat may be sold, not what was raised; file 021-448823, 021-448822, sworn by the adviser or filed under this vehicle
- Form D sold
- $5.8Mas of the filing of Jun 10, 2022, 14 investors
- First sale
- May 26, 2022
- Reported GAV
- $171Mon the Form ADV filed Aug 28, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 106
- Reported on ADV
- Feb 17, 2023 to Aug 28, 2026
- Structure
- master
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 2022-06-10, older than 15 months (fr-1)
evidence dated Jun 10, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: May 26, 2022vintage year: 2022adv gav as of: Aug 28, 2026vintage basis: Form d first saleform d sold: $5.8Mform d offering: n/aform d latest filed at: Jun 10, 2022
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Feb 17, 2023 | Venture Capital Fund | $30.9M | 106 | $1,000 | 5% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $30.9M | 106 | $1,000 | 5% | yes | |
| Feb 16, 2024 | Venture Capital Fund | $30.9M | 106 | $1,000 | 5% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $38.2M | 106 | $1,000 | 5% | yes | |
| Aug 28, 2026 | Venture Capital Fund | $171M | 106 | $1,000 | 17% |
Principals and agents
4 principals on Form D, 0 placement agents
- Jason Fitzgerald Director
- Jamie Star Director
- Atreides Management, LLC Promoter
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorKPMG · BOSTON, Massachusetts, United StatesForm ADV filed Aug 28, 2026 reports.adviserinfo.sec.gov
- AdministratorMorgan Stanley · PURCHASE, New York, United StatesForm ADV filed Aug 28, 2026 reports.adviserinfo.sec.gov
- CustodianINSPIRA FINANCIAL TRUST, LLC · OAK BROOK, Illinois, United StatesForm ADV filed Aug 28, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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
2 events
- Feb 17, 2023Atreides Special Circumstances Fund, LLC - Series M Dis first reported on Form ADV by Atreides Management, LP (Venture Capital Fund), GAV $30,892,759Fund first reported on Form ADV Fact Form ADV
- Jun 10, 2022Atreides Special Circumstances Offshore Fund SPC - Series M DIs SP filed Form D: $5,758,900 sold (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
17 observations
Every observation on this vehicle
- Entity type: Other Jun 10, 2022 Fact Form D
- Form D fund type: Private Equity Fund Jun 10, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 10, 2022 Fact Form D
- Amendment: false Jun 10, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 10, 2022 Fact Form D
- Incorporated: withinFiveYears Jun 10, 2022 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jun 10, 2022 Fact Form D
- Amount sold (Form D): $5.8M Jun 10, 2022 Fact Form D
- Exemptions: 06b, 3C.7 Jun 10, 2022 Fact Form D
- First sale: 2022-05-26 Jun 10, 2022 Fact Form D
- Indefinite offering: true Jun 10, 2022 Fact Form D
- Investors (Form D): 14 Jun 10, 2022 Fact Form D
- Minimum investment (Form D): 0 Jun 10, 2022 Fact Form D
- Offering other type: Shares Jun 10, 2022 Fact Form D
- Securities offered: pooled Jun 10, 2022 Fact Form D
- Office address: Jun 10, 2022 Fact Form D
- Year of incorporation: 2019 Jun 10, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Atreides Special Circumstances Fund, LLC - Series M Dis is the same institution as 3 records in Private Equity and RIA and Wealth.
Private Equity2RIA and Wealth1
DFX found 3 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
1 identity change, 2 dated events on the change ledger, latest event first
- Event retracted2026-10-01
- Fund first reported on ADV2023-02-17source on record
- Form D filed2022-06-10source 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.