DFX Intelligence
Venture Capital Intelligence
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 / 5y Capital Growth Fund I, L.P.
5y Capital Growth Fund I, L.P.
MatureClosed to new capitalGrowth fundADV: Venture Capital Fund5y Capital Management LimitedCayman Islands
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
- $904Mwhat may be sold, not what was raised; file 021-395436, sworn by the adviser or filed under this vehicle
- Form D sold
- $904Mas of the filing of Apr 12, 2021, 85 investors
- First sale
- Mar 26, 2021
- Reported GAV
- $894Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 90
- Reported on ADV
- Mar 30, 2022 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-04-12: the stated $904.2M offering reported fully sold (fr-1)
evidence dated Apr 12, 2021. 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-03-26vintage year: $2,021adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $904Mform d offering usd: $904Mform d latest filed at: 2021-04-12
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2022 | Venture Capital Fund | $903M | 85 | $200,000 | 1% | yes | |
| Feb 17, 2023 | Venture Capital Fund | $901M | 85 | $200,000 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $894M | 90 | $305,000 | 1% | yes |
Principals and agents
1 principals on Form D, 0 placement agents
- Limited 5y Capital GP Director
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| New York State Common Retirement Fund osc.ny.gov | 2021 | $4.9M | n/a | n/a | n/a | not meaningful yet | unknown | Mar 26, 2021 |
Each 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).
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
3 events
- Mar 30, 20225y Capital Growth Fund I, L.P. first reported on Form ADV by Evolution Capital Management Limited (Venture Capital Fund), GAV $902,770,168Fund 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)
- Apr 12, 20215y Capital Growth Fund I, L.P. filed Form D: $904,210,000 sold of $904,210,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 26, 2021NYSCRF commits $4,889,772 to 5Y Capital Growth Fund I, L.P. through the NYAI Co-Investment Fund III, L.P., closed 2021-03-26, existing relationship
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $904M Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $904M Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-03-26 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 85 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: C/O 5Y CAPITAL GP LTD, STE 905-6, 9TH FL, ICBC TOWER, THREE GARDEN ROAD, HONG KONG, F4, 00000 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Apr 12, 2021 Fact SEC EDGAR Form D data sets (quarterly)