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 / Bvcf IV, L.P.
Bvcf IV, L.P.
Amounts, each with its basis
- Vintage
- 2017basis: 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
- indefinitewhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-327480
- Form D sold
- $41.0Mas of the filing of Dec 10, 2018, 6 investors
- First sale
- Jan 28, 2017
- Reported GAV
- $136Mon the Form ADV filed Mar 18, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 17
- Reported on ADV
- Mar 20, 2018 to Mar 18, 2024
Fundraising evidence
Unknown
latest Form D 2018-12-10, older than 15 months (fr-1)
evidence dated Dec 10, 2018. 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
Harvest
vintage over 7 years, still reported
age years: 9first sale: 2017-01-28vintage year: $2,017adv gav as of: 2024-03-18vintage basis: form_d_first_saleform d sold usd: $41.0Mform d offering usd: n/aform d latest filed at: 2018-12-10
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 20, 2018 | Venture Capital Fund | $128M | 10 | $1.0M | 2% | yes | |
| Mar 28, 2019 | Venture Capital Fund | $100M | 13 | $500,000 | 3% | yes | |
| Mar 27, 2020 | Venture Capital Fund | $116M | 17 | $500,000 | 2% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $137M | 17 | $500,000 | 2% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $132M | 17 | $500,000 | 2% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $137M | 17 | $500,000 | 2% | yes | |
| Mar 18, 2024 | Venture Capital Fund | $136M | 17 | $500,000 | 2% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- - BVCF IV GP, Ltd. Promoter
- ZHI Yang Director
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
- Dec 10, 2018Bvcf IV, L.P. filed Form D: $41,030,000 sold (indefinite offering), Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 20, 2018Bvcf IV, L.P. first reported on Form ADV by Bvcf Management Ltd. (Venture Capital Fund), GAV $127,530,000Fund 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)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Other Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $41.0M Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2017-01-28 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 6 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: SUITE 2606, TOWER I, NEW RICHPORT CENTER, 763 MENGZI ROAD, SHANGHAI, F4, 200023 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2015 Dec 10, 2018 Fact SEC EDGAR Form D data sets (quarterly)