DFX Intelligence
Robinhood Secondary X5, a Series of Republic Master Fund, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed 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
1 additional principal
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Nothing material in the last 365 days. Last change: 9 Mar 2021, Latest Form D filed on 9 Mar 2021: $5.17M sold of $5.17M offered, 2 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $5.2Mwhat may be sold, not what was raised; file 021-391551, sworn by the adviser or filed under this vehicle
- Form D sold
- $5.2Mas of the filing of Mar 9, 2021, 2 investors
- First sale
- Mar 5, 2021
- Reported GAV
- $5.0Mon the Form ADV filed Jun 29, 2021; the fund's assets, never its size or dry powder
- Owners (ADV)
- 2
- Reported on ADV
- Jun 29, 2021 to Jun 29, 2021
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 2021-03-09: the stated $5.2M offering reported fully sold (fr-1)
evidence dated Mar 9, 2021.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: Mar 5, 2021vintage year: 2021adv gav as of: Jun 29, 2021vintage basis: Form d first saleform d sold: $5.2Mform d offering: $5.2Mform d latest filed at: Mar 9, 2021
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Jun 29, 2021 | Venture Capital Fund | $5.0M | 2 | $5.0M | 0% | no |
Principals and agents
4 principals on Form D, 0 placement agents
- LLC Assure Fund Management II Director
- Republic Maximal LLC Director
- Richard Thoms Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorAssure · SALT LAKE CITY, Utah, United StatesForm ADV filed Jun 29, 2021 sec.gov
- CustodianWestern Alliance / Bridge Bank · SAN JOSE, California, United StatesForm ADV filed Jun 29, 2021 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
- Jun 29, 2021Robinhood Secondary X5, a Series of Republic Master Fund, LP first reported on Form ADV by Republic Labs (Venture Capital Fund), GAV $5,000,000Fund first reported on Form ADV Fact Form ADV
- Mar 9, 2021Robinhood Secondary X5, a series of Republic Master Fund, LP filed Form D: $5,173,195 sold of $5,173,195, Other Investment FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 9, 2021 Fact Form D
- Form D fund type: Other Investment Fund Mar 9, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 9, 2021 Fact Form D
- Amendment: false Mar 9, 2021 Fact Form D
- Incorporated: withinFiveYears Mar 9, 2021 Fact Form D
- Jurisdiction: Delaware Mar 9, 2021 Fact Form D
- Amount sold (Form D): $5.2M Mar 9, 2021 Fact Form D
- Offering amount (Form D): $5.2M Mar 9, 2021 Fact Form D
- Exemptions: 06b, 3C.1 Mar 9, 2021 Fact Form D
- First sale: 2021-03-05 Mar 9, 2021 Fact Form D
- Investors (Form D): 2 Mar 9, 2021 Fact Form D
- Minimum investment (Form D): 5,000,000 Mar 9, 2021 Fact Form D
- Securities offered: pooled Mar 9, 2021 Fact Form D
- Office address: Mar 9, 2021 Fact Form D
- Year of incorporation: 2021 Mar 9, 2021 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Robinhood Secondary X5, a Series of Republic Master Fund, LP is the same institution as 3 records in RIA and Wealth and Private Equity.
RIA and Wealth2Private Equity1
DFX found 3 relationships across 2 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.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-06-29source on record
- Form D filed2021-03-09source 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.