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 / Local Globe VII Parallel, L.P.

Local Globe VII Parallel, L.P.

UnknownUnknownFeeder or parallelADV: Venture Capital FundPhoenix Court Fund Management LimitedGuernsey
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
$22.4Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
38
Reported on ADV
Jul 6, 2023 to Mar 29, 2024
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-03-29vintage basis: n/aform d sold usd: n/aform d offering usd: n/aform d latest filed at: n/a
The fund's own reporting through time
7 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Aug 17, 2017Venture Capital Fund$6.1M
37$10,0000%yes
Mar 26, 2018Venture Capital Fund$9.3M
38$10,0000%yes
Mar 6, 2019Venture Capital Fund$12.2M
38$10,0000%yes
Mar 30, 2020Venture Capital Fund$12.2M
38$10,0000%yes
May 19, 2021Venture Capital Fund$18.1M
38$10,0000%yes
Jul 6, 2023Venture Capital Fund$25.1M
381%yes
Mar 29, 2024Venture Capital Fund$22.4M
381%yes
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
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
2 events
  1. Jul 6, 2023
    Local Globe VII Parallel, L.P. first reported on Form ADV by Phoenix Court Fund Management Limited (Venture Capital Fund), GAV $25,099,482
  2. Aug 17, 2017
    Local Globe VII Parallel, L.P. first reported on Form ADV by Local Globe VII GP Limited (Venture Capital Fund), GAV $6,100,000
Evidence
0 observations
Every observation on this vehicle