DFX Intelligence
B Capital Fund II, LP
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
7 additional placement agents, 1 event
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: 30 Jun 2020, Latest Form D filed on 30 Jun 2020: $822M sold, 161 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
- 2019basis: 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; file 021-336591, sworn by the adviser or filed under this vehicle
- Form D sold
- $822Mas of the filing of Jun 30, 2020, 161 investors
- First sale
- Mar 22, 2019
- Reported GAV
- $960Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 171
- Reported on ADV
- Mar 20, 2020 to Sep 14, 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.Unknown
latest Form D 2020-06-30, older than 15 months (fr-1)
evidence dated Jun 30, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 7first sale: Mar 22, 2019vintage year: 2019adv gav as of: Sep 14, 2026vintage basis: Form d first saleform d sold: $822Mform d offering: n/aform d latest filed at: Jun 30, 2020
The fund's own reporting through time
8 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 20, 2020 | Venture Capital Fund | $740M | 133 | $100,000 | 15% | yes | |
| Mar 25, 2021 | Venture Capital Fund | $818M | 133 | $100,000 | 15% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $1.3B | 163 | $100,000 | 13% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $1.1B | 169 | $100,000 | 13% | yes | |
| Sep 1, 2023 | Venture Capital Fund | $1.1B | 169 | $100,000 | 13% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $1.0B | 169 | $100,000 | 13% | yes | |
| May 29, 2026 | Venture Capital Fund | $960M | 171 | $15.0M | 13% | ||
| Sep 14, 2026 | $960M | 171 | $15.0M | 13% |
Principals and agents
2 principals on Form D, 1 placement agents
- B Capital Group Partners II, L.P. Promoter
- B Capital Group Partners II, L.P. general partner (ADV 7.B.(1).A.3)
- Probitas Funds Group, LLC placement agent
Service providers
10 named on Form ADV Schedule D and Form D
- AuditorEY · BOSTON, Massachusetts, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · SANTA MONICA, California, United StatesForm ADV filed May 29, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Citizens Bank · SANTA CLARA, California, United StatesForm ADV filed May 29, 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
6 events
- Mar 31, 2025Administrator changed: Standish Management replaced Apex Group, first reported on the Form ADV filed March 31, 2025 (previous filing March 28, 2024)Administrator changed Fact Form ADV
- Mar 31, 2023Administrator changed: Apex Group replaced Standish Management, first reported on the Form ADV filed March 31, 2023 (previous filing March 31, 2022)Administrator changed Fact Form ADV
- Jun 30, 2020B Capital Fund II, L.P. filed Form D/A: $821,785,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 27, 2020B Capital Fund II, L.P. filed Form D/A: $749,920,000 sold (indefinite offering), Venture Capital FundForm D filed Fact Form D
- Mar 20, 2020B Capital Fund II, LP first reported on Form ADV by B Capital Group (Venture Capital Fund), GAV $740,174,988Fund first reported on Form ADV Fact Form ADV
Evidence
70 observations
Every observation on this vehicle
- Adv pdf fund: 960,405,224 Sep 14, 2026 Fact Form ADV
- Entity type: Other Fact Form D
- Entity type: Other Jun 30, 2020 Fact Form D
- Entity type: Other Mar 27, 2020 Fact Form D
- Entity type: Other Apr 5, 2019 Fact Form D
- Form D fund type: Venture Capital Fund Fact Form D
- Form D fund type: Venture Capital Fund Jun 30, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Mar 27, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Apr 5, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Jun 30, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 27, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 5, 2019 Fact Form D
- Amendment: true Fact Form D
- Amendment: false Fact Form D
- Amendment: true Jun 30, 2020 Fact Form D
- Amendment: true Mar 27, 2020 Fact Form D
- Amendment: false Apr 5, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Jun 30, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 27, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 5, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Jun 30, 2020 Fact Form D
- Incorporated: withinFiveYears Mar 27, 2020 Fact Form D
- Incorporated: withinFiveYears Apr 5, 2019 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Fact Form D
- Jurisdiction: CAYMAN ISLANDS Jun 30, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Mar 27, 2020 Fact Form D
- Jurisdiction: CAYMAN ISLANDS Apr 5, 2019 Fact Form D
- Amount sold (Form D): $822M Fact Form D
- Amount sold (Form D): $750M Fact Form D
- Amount sold (Form D): $406M Fact Form D
- Amount sold (Form D): $822M Jun 30, 2020 Fact Form D
- Amount sold (Form D): $750M Mar 27, 2020 Fact Form D
- Amount sold (Form D): $406M Apr 5, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jun 30, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 27, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Apr 5, 2019 Fact Form D
- First sale: 2019-03-22 Fact Form D
- First sale: 2019-03-22 Jun 30, 2020 Fact Form D
- First sale: 2019-03-22 Mar 27, 2020 Fact Form D
- First sale: 2019-03-22 Apr 5, 2019 Fact Form D
- Indefinite offering: true Fact Form D
- Indefinite offering: true Jun 30, 2020 Fact Form D
- Indefinite offering: true Mar 27, 2020 Fact Form D
- Indefinite offering: true Apr 5, 2019 Fact Form D
- Investors (Form D): 161 Fact Form D
- Investors (Form D): 146 Fact Form D
- Investors (Form D): 62 Fact Form D
- Investors (Form D): 161 Jun 30, 2020 Fact Form D
- Investors (Form D): 146 Mar 27, 2020 Fact Form D
- Investors (Form D): 62 Apr 5, 2019 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Jun 30, 2020 Fact Form D
- Minimum investment (Form D): 0 Mar 27, 2020 Fact Form D
- Minimum investment (Form D): 0 Apr 5, 2019 Fact Form D
- Securities offered: pooled Fact Form D
- Securities offered: pooled Jun 30, 2020 Fact Form D
- Securities offered: pooled Mar 27, 2020 Fact Form D
- Securities offered: pooled Apr 5, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Jun 30, 2020 Fact Form D
- Office address: Mar 27, 2020 Fact Form D
- Office address: Apr 5, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Jun 30, 2020 Fact Form D
- Year of incorporation: 2019 Mar 27, 2020 Fact Form D
- Year of incorporation: 2019 Apr 5, 2019 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
B Capital Fund II, 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.
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Record history
4 dated events on the change ledger, latest event first
- Form D filed2020-06-30source on record
- Form D filed2020-03-27source on record
- Fund first reported on ADV2020-03-20source on record
+1 more change on this record's ledger
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
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.