DFX Intelligence
Iron Path Pulse (ai), L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
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
- -100%reported GAV
Reported gross assets fell from $1.55M to $0 between the Form ADV filings of 3 Jul 2024 and 22 Apr 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
- 2021basis: 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
- $38.3Mwhat may be sold, not what was raised; file 021-402110, sworn by the adviser or filed under this vehicle
- Form D sold
- $38.3Mas of the filing of Jun 8, 2021, 2 investors
- First sale
- May 24, 2021
- Reported GAV
- $0on the Form ADV filed Apr 22, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Sep 3, 2021 to Apr 22, 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 2021-06-08: the stated $38.2M offering reported fully sold (fr-1)
evidence dated Jun 8, 2021.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: May 24, 2021vintage year: 2021adv gav as of: Apr 22, 2026vintage basis: Form d first saleform d sold: $38.3Mform d offering: $38.3Mform d latest filed at: Jun 8, 2021
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Sep 3, 2021 | Private Equity Fund | $1.6M | 2 | 5% | yes | ||
| Mar 29, 2022 | Private Equity Fund | $1.6M | 2 | 5% | yes | ||
| Mar 30, 2023 | Private Equity Fund | $1.6M | 2 | 5% | yes | ||
| May 3, 2023 | Private Equity Fund | $1.6M | 2 | 5% | yes | ||
| Jun 27, 2023 | Private Equity Fund | $1.6M | 2 | 5% | yes | ||
| Mar 26, 2024 | Private Equity Fund | $1.5M | 2 | 5% | yes | ||
| Apr 23, 2024 | Private Equity Fund | $1.5M | 2 | 5% | yes | ||
| Jul 3, 2024 | Private Equity Fund | $1.5M | 2 | 5% | yes | ||
| Apr 22, 2026 | Private Equity Fund | $0 | 2 | 5% |
Principals and agents
3 principals on Form D, 1 placement agents
- -- Iron Path Pulse GP, LLC Executive Officer
- Scott Mraz Executive Officer
- Robert Reistetter Executive Officer
- M20 Private Fund Advisors LLC placement agent
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorBDO · CHICAGO, Illinois, United StatesForm ADV filed Apr 22, 2026 reports.adviserinfo.sec.gov
- AdministratorPIEDMONT FUND SERVICES, INC. · HERNDON, Virginia, United StatesForm ADV filed Apr 22, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL BANK · ST. LOUIS, Missouri, United StatesForm ADV filed Apr 22, 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
4 events
- Mar 24, 2025Administrator changed: PIEDMONT FUND SERVICES, INC. replaced ELEMENT 78 PARTNERS, LLC, first reported on the Form ADV filed March 24, 2025 (previous filing July 3, 2024)Administrator changed Fact Form ADV
- Mar 30, 2023Auditor changed: BDO replaced KAHN LITWIN RENZA, first reported on the Form ADV filed March 30, 2023 (previous filing March 29, 2022)Auditor changed Fact Form ADV
- Sep 3, 2021Iron Path Pulse (ai), L.P. first reported on Form ADV by Iron Path Capital, L.P. (Private Equity Fund), GAV $1,582,759Fund first reported on Form ADV Fact Form ADV
- Jun 8, 2021Iron Path Pulse (AI), L.P. filed Form D: $38,250,000 sold of $38,250,000, Private Equity FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jun 8, 2021 Fact Form D
- Form D fund type: Private Equity Fund Jun 8, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Jun 8, 2021 Fact Form D
- Amendment: false Jun 8, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 8, 2021 Fact Form D
- Incorporated: withinFiveYears Jun 8, 2021 Fact Form D
- Jurisdiction: Delaware Jun 8, 2021 Fact Form D
- Amount sold (Form D): $38.3M Jun 8, 2021 Fact Form D
- Offering amount (Form D): $38.3M Jun 8, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Jun 8, 2021 Fact Form D
- First sale: 2021-05-24 Jun 8, 2021 Fact Form D
- Investors (Form D): 2 Jun 8, 2021 Fact Form D
- Minimum investment (Form D): 0 Jun 8, 2021 Fact Form D
- Securities offered: pooled Jun 8, 2021 Fact Form D
- Office address: Jun 8, 2021 Fact Form D
- Year of incorporation: 2021 Jun 8, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Iron Path Pulse (ai), L.P. is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA 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
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-09-03source on record
- Form D filed2021-06-08source 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.