DFX Intelligence
Phoenix Tailings I, a Series of Republic Deal Room Master Fund, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentClosed to new capitalADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +123%reported GAV
Reported gross assets rose from $536K to $1.19M between the Form ADV filings of 22 Aug 2024 and 12 Mar 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
- $536,442what may be sold, not what was raised; file 021-487074, sworn by the adviser or filed under this vehicle
- Form D sold
- $536,442as of the filing of Jul 17, 2023, 37 investors
- First sale
- Jul 17, 2023
- Reported GAV
- $1.2Mon the Form ADV filed Mar 12, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 37
- Reported on ADV
- Mar 28, 2024 to Mar 12, 2026
Fundraising evidenceWhat 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 2023-07-17: the stated $536,442 offering reported fully sold (fr-1)
evidence dated Jul 17, 2023.
LifecycleActive deployment
vintage 2 to 4 years
age years: 3first sale: Jul 17, 2023vintage year: 2023adv gav as of: Mar 12, 2026vintage basis: Form d first saleform d sold: $536,442form d offering: $536,442form d latest filed at: Jul 17, 2023
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 28, 2024 | Venture Capital Fund | $536,443 | 37 | $5,000 | 0% | no | |
| May 15, 2024 | Venture Capital Fund | $536,443 | 37 | $5,000 | 0% | no | |
| May 20, 2024 | Venture Capital Fund | $536,443 | 37 | $5,000 | 0% | no | |
| Aug 22, 2024 | Venture Capital Fund | $536,443 | 37 | $5,000 | 0% | no | |
| Mar 12, 2026 | Venture Capital Fund | $1.2M | 37 | $5,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- LLC Republic Fund Admin Executive Officer
Service providers
1 named on Form ADV Schedule D and Form D
- AdministratorREPUBLIC FUND ADMIN LLC · NEW YORK, New York, United StatesForm ADV filed Mar 12, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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
2 events
- Mar 28, 2024Phoenix Tailings I, a Series of Republic Deal Room Master Fund, LP first reported on Form ADV by Republic Deal Room (Venture Capital Fund), GAV $536,443Fund first reported on Form ADV Fact Form ADV
- Jul 17, 2023Phoenix Tailings I, A Series of Republic Deal Room Master Fund, LP filed Form D: $536,442 sold of $536,442, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jul 17, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Jul 17, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Jul 17, 2023 Fact Form D
- Amendment: false Jul 17, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Jul 17, 2023 Fact Form D
- Incorporated: withinFiveYears Jul 17, 2023 Fact Form D
- Jurisdiction: Delaware Jul 17, 2023 Fact Form D
- Amount sold (Form D): $536,442 Jul 17, 2023 Fact Form D
- Offering amount (Form D): $536,442 Jul 17, 2023 Fact Form D
- Exemptions: 06c, 3C, 3C.1 Jul 17, 2023 Fact Form D
- First sale: 2023-07-17 Jul 17, 2023 Fact Form D
- Investors (Form D): 37 Jul 17, 2023 Fact Form D
- Minimum investment (Form D): 5,000 Jul 17, 2023 Fact Form D
- Securities offered: pooled Jul 17, 2023 Fact Form D
- Office address: Jul 17, 2023 Fact Form D
- Year of incorporation: 2023 Jul 17, 2023 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Phoenix Tailings I, a Series of Republic Deal Room Master Fund, LP is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2024-03-28source on record
- Form D filed2023-07-17source 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.