Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.

Funds / ULU Ventures Fund IV, L.P.

ULU Ventures Fund IV, L.P.

Active deploymentUnknownFundADV: Venture Capital FundULU Ventures Management Company, LLC
Amounts, each with its basis
Vintage
2023basis: 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
$200Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-481009
Form D sold
$191Mas of the filing of May 31, 2024, 52 investors
First sale
May 5, 2023
Reported GAV
$158Mon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
465
Reported on ADV
Mar 27, 2024 to Mar 27, 2024
Fundraising evidence
Unknown
latest Form D 2024-05-31, older than 15 months (fr-1)
evidence dated May 31, 2024. A 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.
Lifecycle
Active deployment
vintage 2 to 4 years
age years: 3first sale: 2023-05-05vintage year: $2,023adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $191Mform d offering usd: $200Mform d latest filed at: 2024-05-31
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 27, 2024Venture Capital Fund$158M
46515%yes
Principals and agents
6 principals on Form D, 0 placement agents
Limited partners and their reported performance
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.
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
5 events
  1. Dec 31, 2025
    LACERS reports Ulu Ventures Fund IV: an undisclosed amount committed, vintage 2023, net IRR -10.8%, 0.85x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. May 31, 2024
    Ulu Ventures Fund IV, L.P. filed Form D/A: $190,775,000 sold of $200,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Mar 27, 2024
    ULU Ventures Fund IV, L.P. first reported on Form ADV by ULU Ventures Management Company, LLC (Venture Capital Fund), GAV $158,313,955
    Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
  4. May 8, 2023
    Ulu Ventures Fund IV, L.P. filed Form D: no sales yet of $250,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  5. May 5, 2023
    LACERS commits $20,000,000 to Ulu Ventures Fund IV (Ulu Ventures), closed 2023-05-05, existing relationship
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Evidence
31 observations
Every observation on this vehicle