DFX Intelligence
Icpf-Iv
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 21 Sep 2020, Latest Form D filed on 21 Sep 2020: no amount sold reported of $550M offered. 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: adv first reported
- 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
- $550Mwhat may be sold, not what was raised; file 021-375927, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Sep 21, 2020
- First sale
- unknown
- Reported GAV
- $3.2Bon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 29
- Reported on ADV
- Mar 31, 2021 to Mar 30, 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.
Unknown
latest Form D 2020-09-21, older than 15 months (fr-1)
evidence dated Sep 21, 2020.
LifecycleMature
vintage 4 to 7 years
age years: 5first sale: n/avintage year: 2021adv gav as of: Mar 30, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $550Mform d latest filed at: Sep 21, 2020
The fund's own reporting through time
6 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2021 | Venture Capital Fund | $600M | 29 | 4% | yes | ||
| Mar 30, 2022 | Venture Capital Fund | $2.6B | 29 | 4% | yes | ||
| Mar 29, 2023 | Venture Capital Fund | $3.5B | 29 | 4% | yes | ||
| Mar 31, 2023 | Venture Capital Fund | $3.5B | 29 | 4% | yes | ||
| Mar 28, 2024 | Venture Capital Fund | $3.4B | 29 | 4% | yes | ||
| Mar 30, 2026 | Venture Capital Fund | $3.2B | 29 | 4% |
Principals and agents
2 principals on Form D, 0 placement agents
- Quan Zhou Director
- CHI Sing Ho Director
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorPwC · GEORGE TOWN, GRAND CAYMAN, Cayman IslandsForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianBANC OF CALIFORNIA · LOS ANGELES, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianTHE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED · HONG KONG, Hong KongForm ADV filed Mar 30, 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 31, 2021Icpf-Iv first reported on Form ADV by IDG Capital Fund Management Ltd. (Venture Capital Fund), GAV $600,355,998Fund first reported on Form ADV Fact Form ADV
- Sep 21, 2020IDG Capital Project Fund IV, L.P. filed Form D: no sales yet of $550,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 21, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Sep 21, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 21, 2020 Fact Form D
- Amendment: false Sep 21, 2020 Fact Form D
- Revenue range (Form D): Not Applicable Sep 21, 2020 Fact Form D
- Incorporated: withinFiveYears Sep 21, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Sep 21, 2020 Fact Form D
- Amount sold (Form D): $0 Sep 21, 2020 Fact Form D
- Offering amount (Form D): $550M Sep 21, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Sep 21, 2020 Fact Form D
- Investors (Form D): 0 Sep 21, 2020 Fact Form D
- Minimum investment (Form D): 0 Sep 21, 2020 Fact Form D
- Securities offered: pooled Sep 21, 2020 Fact Form D
- Office address: Sep 21, 2020 Fact Form D
- Year of incorporation: 2019 Sep 21, 2020 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Icpf-Iv 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 ADV2021-03-31source on record
- Form D filed2020-09-21source 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.