DFX Intelligence
K5 Tokyo Black Fund I, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
1 event
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
- +56%reported GAV
Reported gross assets rose from $75.6M to $118M between the Form ADV filings of 12 Nov 2024 and 9 Sep 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
- 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
- $115Mwhat may be sold, not what was raised; file 021-489064, sworn by the adviser or filed under this vehicle
- Form D sold
- $87.8Mas of the filing of Jul 2, 2024, 32 investors
- First sale
- Jul 27, 2023
- Reported GAV
- $118Mon the Form ADV filed Sep 9, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 35
- Reported on ADV
- Mar 29, 2024 to Sep 9, 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.Unknown
latest Form D 2024-07-02, older than 15 months (fr-1)
evidence dated Jul 2, 2024.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: Jul 27, 2023vintage year: 2023adv gav as of: Sep 9, 2026vintage basis: Form d first saleform d sold: $87.8Mform d offering: $115Mform d latest filed at: Jul 2, 2024
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| May 13, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| May 14, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| Oct 24, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| Oct 24, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| Nov 12, 2024 | Venture Capital Fund | $75.6M | 28 | $5.0M | 0% | yes | |
| Sep 9, 2026 | Venture Capital Fund | $118M | 35 | $5.0M | 5% |
Principals and agents
3 principals on Form D, 0 placement agents
- K5 Tokyo Black Fund I, LLC Executive Officer
- Michael Kives Executive Officer
- Bryan Baum Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN JOSE, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · REDWOOD CITY, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianSTIFEL, NICOLAUS & COMPANY, INCORPORATED · ST. LOUIS, Missouri, United StatesForm ADV filed Mar 31, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Hess Foundation Inc | FOUNDATION | $2.0M fair value on the foundation's return | reported as of Nov 30, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
6 events
- Mar 31, 2026Custodian changed: STIFEL, NICOLAUS & COMPANY, INCORPORATED replaced JPMorgan, first reported on the Form ADV filed March 31, 2026 (previous filing October 21, 2025)Custodian changed Fact Form ADV
- Mar 31, 2025Administrator changed: ADURO ADVISORS, LLC replaced INDUSTRIA, LLC, first reported on the Form ADV filed March 31, 2025 (previous filing November 12, 2024)Administrator changed Fact Form ADV
- Mar 31, 2025Auditor changed: Frank, Rimerman + Co. replaced Grant Thornton, first reported on the Form ADV filed March 31, 2025 (previous filing November 12, 2024)Auditor changed Fact Form ADV
- Jul 2, 2024K5 Tokyo Black Fund I, LP filed Form D/A: $87,750,000 sold of $115,000,000, Venture Capital FundForm D filed Fact Form D
- Mar 29, 2024K5 Tokyo Black Fund I, LP first reported on Form ADV by K5 Global Advisor LLC (Venture Capital Fund), GAV $75,619,134Fund first reported on Form ADV Fact Form ADV
Evidence
34 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 2, 2024 Fact Form D
- Entity type: Limited Partnership Aug 8, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Jul 2, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Aug 8, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 2, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 8, 2023 Fact Form D
- Amendment: true Jul 2, 2024 Fact Form D
- Amendment: false Aug 8, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 2, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 8, 2023 Fact Form D
- Incorporated: withinFiveYears Jul 2, 2024 Fact Form D
- Incorporated: withinFiveYears Aug 8, 2023 Fact Form D
- Jurisdiction: Delaware Jul 2, 2024 Fact Form D
- Jurisdiction: Delaware Aug 8, 2023 Fact Form D
- Amount sold (Form D): $87.8M Jul 2, 2024 Fact Form D
- Amount sold (Form D): $67.4M Aug 8, 2023 Fact Form D
- Offering amount (Form D): $115M Jul 2, 2024 Fact Form D
- Offering amount (Form D): $75.0M Aug 8, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jul 2, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.1 Aug 8, 2023 Fact Form D
- First sale: 2023-07-27 Jul 2, 2024 Fact Form D
- First sale: 2023-07-27 Aug 8, 2023 Fact Form D
- Investors (Form D): 32 Jul 2, 2024 Fact Form D
- Investors (Form D): 21 Aug 8, 2023 Fact Form D
- Minimum investment (Form D): 0 Jul 2, 2024 Fact Form D
- Minimum investment (Form D): 0 Aug 8, 2023 Fact Form D
- Offering other type: Limited Partnership Interests Jul 2, 2024 Fact Form D
- Offering other type: Limited Partnership Interests Aug 8, 2023 Fact Form D
- Securities offered: pooled Jul 2, 2024 Fact Form D
- Securities offered: pooled Aug 8, 2023 Fact Form D
- Office address: Jul 2, 2024 Fact Form D
- Office address: Aug 8, 2023 Fact Form D
- Year of incorporation: 2023 Jul 2, 2024 Fact Form D
- Year of incorporation: 2023 Aug 8, 2023 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
K5 Tokyo Black Fund I, LP is the same institution as 3 records in Family Offices, Allocators and RIA and Wealth.
Family Offices1Allocators1RIA and Wealth1
DFX found 3 relationships across 3 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.
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Record history
2 dated events on the change ledger, latest event first
- Form D filed2024-07-02source on record
- Form D filed2023-08-08source 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.