DFX Intelligence
Growth Capital Fund I, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- +36%reported GAV
Reported gross assets rose from $76.9M to $104M between the Form ADV filings of 15 Mar 2024 and 20 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
- 2016basis: 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
- $200Mwhat may be sold, not what was raised; file 021-255072, sworn by the adviser or filed under this vehicle
- Form D sold
- $200Mas of the filing of Jan 13, 2016, 22 investors
- First sale
- Jan 4, 2016
- Reported GAV
- $104Mon the Form ADV filed Mar 20, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 22
- Reported on ADV
- Mar 24, 2016 to Mar 20, 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.Closed to new capital
Form D filed or amended 2016-01-13: the stated $200.0M offering reported fully sold (fr-1)
evidence dated Jan 13, 2016.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 10first sale: Jan 4, 2016vintage year: 2016adv gav as of: Mar 20, 2026vintage basis: Form d first saleform d sold: $200Mform d offering: $200Mform d latest filed at: Jan 13, 2016
The fund's own reporting through time
19 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 24, 2016 | Venture Capital Fund | $200M | 22 | 100% | yes | ||
| Aug 1, 2016 | Venture Capital Fund | $200M | 22 | 100% | yes | ||
| Mar 23, 2017 | Venture Capital Fund | $199M | 22 | 100% | yes | ||
| Jun 30, 2017 | Venture Capital Fund | $199M | 22 | 100% | yes | ||
| Jun 30, 2017 | Venture Capital Fund | $199M | 22 | 100% | yes | ||
| Sep 14, 2017 | Venture Capital Fund | $199M | 22 | 100% | yes | ||
| Mar 23, 2018 | Venture Capital Fund | $184M | 22 | 100% | yes | ||
| Dec 27, 2018 | Venture Capital Fund | $184M | 22 | 100% | yes | ||
| Mar 23, 2019 | Venture Capital Fund | $217M | 22 | 100% | yes | ||
| Jun 27, 2019 | Venture Capital Fund | $217M | 22 | 100% | yes | ||
| Aug 2, 2019 | Venture Capital Fund | $217M | 22 | 100% | yes | ||
| Mar 25, 2020 | Venture Capital Fund | $213M | 22 | 100% | yes | ||
| Jun 15, 2020 | Venture Capital Fund | $213M | 22 | 100% | yes | ||
| Mar 15, 2021 | Venture Capital Fund | $187M | 22 | 100% | yes | ||
| Mar 15, 2021 | Venture Capital Fund | $187M | 22 | 100% | yes | ||
| Mar 23, 2022 | Venture Capital Fund | $178M | 22 | 98% | yes | ||
| Mar 24, 2023 | Venture Capital Fund | $97.8M | 21 | 98% | yes | ||
| Mar 15, 2024 | Venture Capital Fund | $76.9M | 22 | 98% | yes | ||
| Mar 20, 2026 | Venture Capital Fund | $104M | 22 | 98% |
Principals and agents
6 principals on Form D, 0 placement agents
- PAT Burton Director
- Kelly Flynn Director
- Growth Capital GP I, LLC Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorKPMG · MINNEAPOLIS, Minnesota, United StatesForm ADV filed Mar 20, 2026 reports.adviserinfo.sec.gov
- AdministratorU.S. BANCORP FUND SERVICES, LLC · MILWAUKEE, Wisconsin, United StatesForm ADV filed Mar 20, 2026 reports.adviserinfo.sec.gov
- CustodianNorthern Trust · CHICAGO, Illinois, United StatesForm ADV filed Mar 20, 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.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
3 events
- Mar 15, 2024Custodian changed: Northern Trust replaced PIPER JAFFRAY & CO., first reported on the Form ADV filed March 15, 2024 (previous filing March 24, 2023)Custodian changed Fact Form ADV
- Mar 24, 2016Growth Capital Fund I, L.P. first reported on Form ADV by Winslow Capital Management LLC (Venture Capital Fund), GAV $200,000,000Fund first reported on Form ADV Fact Form ADV
- Jan 13, 2016Growth Capital Fund I, L.P. filed Form D: $200,000,000 sold of $200,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 13, 2016 Fact Form D
- Form D fund type: Venture Capital Fund Jan 13, 2016 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 13, 2016 Fact Form D
- Amendment: false Jan 13, 2016 Fact Form D
- Revenue range (Form D): Decline to Disclose Jan 13, 2016 Fact Form D
- Incorporated: withinFiveYears Jan 13, 2016 Fact Form D
- Jurisdiction: Delaware Jan 13, 2016 Fact Form D
- Amount sold (Form D): $200M Jan 13, 2016 Fact Form D
- Offering amount (Form D): $200M Jan 13, 2016 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Jan 13, 2016 Fact Form D
- First sale: 2016-01-04 Jan 13, 2016 Fact Form D
- Investors (Form D): 22 Jan 13, 2016 Fact Form D
- Minimum investment (Form D): 0 Jan 13, 2016 Fact Form D
- Securities offered: pooled Jan 13, 2016 Fact Form D
- Office address: Jan 13, 2016 Fact Form D
- Year of incorporation: 2015 Jan 13, 2016 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Growth Capital Fund I, L.P. 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 ADV2016-03-24source on record
- Form D filed2016-01-13source 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.