USV Opportunity 2022, LP
4 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 1 LP reportpublic disclosures
1 public LP report name this vehicle; the latest, Oregon Public Employees Retirement Fund as of 31 Mar 2026, shows $18.8M committed and net IRR 13.9%, 1.26x (the LP's own figures).
A named LP and its own performance figures are the strongest outside read on a fund.
FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners → - +21%reported GAV
Reported gross assets rose from $322M to $388M between the Form ADV filings of 29 Mar 2024 and 27 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
- Vintage
- 2022basis: name year
- 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
- $350Mwhat may be sold, not what was raised; file 021-439910, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Mar 31, 2022
- First sale
- unknown
- Reported GAV
- $388Mon the Form ADV filed Mar 27, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 157
- Reported on ADV
- Mar 30, 2023 to Mar 27, 2026
LifecycleActive deployment
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2023 | Venture Capital Fund | $321M | 160 | 3% | yes | ||
| Mar 29, 2024 | Venture Capital Fund | $322M | 157 | 3% | yes | ||
| Mar 27, 2026 | Venture Capital Fund | $388M | 157 | 3% |
- Andrew Weissman Executive Officer
- Rebecca Kaden Executive Officer
- Samson Mesele Executive Officer
- AuditorBDO · PHILADELPHIA, Pennsylvania, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO GROUP · PRINCETON, New Jersey, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Mar 27, 2026 reports.adviserinfo.sec.gov
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Oregon Public Employees Retirement Fund oregon.gov | 2022 | $18.8M | $9.4M | $0 | $11.8M | 13.9% | 1.3x | Mar 31, 2026 |
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Oregon Public Employees Retirement Fund | PUBLIC INSTITUTIONAL POOL | $18.8M committed | reported as of Mar 31, 2026 | Fact Pension disclosure |
| Hillman Family Foundations | FOUNDATION | $2.5M fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| The Grantham Foundation for the Protection of the Environment | FOUNDATION | $522,007 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
- Mar 31, 2026OPERF reports USV Opportunity 2022: $18,800,000 committed, vintage 2022, net IRR 13.9%, 1.26xLP commitment disclosed Fact Pension disclosure
- Mar 31, 2026OPERF reports USV Opportunity 2022: $18,800,000 committed, vintage 2022, net IRR 13.9%, 1.26xLP commitment disclosed Fact Pension disclosure
- Mar 30, 2023USV Opportunity 2022, LP first reported on Form ADV by Union Square Ventures (Venture Capital Fund), GAV $320,843,447Fund first reported on Form ADV Fact Form ADV
- Mar 31, 2022USV Opportunity 2022, LP filed Form D: no sales yet of $350,000,000, Venture Capital FundForm D filed Fact Form D
Every observation on this vehicle
- Entity type: Limited Partnership Mar 31, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Mar 31, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 31, 2022 Fact Form D
- Amendment: false Mar 31, 2022 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 31, 2022 Fact Form D
- Incorporated: withinFiveYears Mar 31, 2022 Fact Form D
- Jurisdiction: Delaware Mar 31, 2022 Fact Form D
- Amount sold (Form D): $0 Mar 31, 2022 Fact Form D
- Offering amount (Form D): $350M Mar 31, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 31, 2022 Fact Form D
- Investors (Form D): 0 Mar 31, 2022 Fact Form D
- Minimum investment (Form D): 0 Mar 31, 2022 Fact Form D
- Securities offered: pooled Mar 31, 2022 Fact Form D
- Office address: Mar 31, 2022 Fact Form D
- Year of incorporation: 2022 Mar 31, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs · 15 capital paths
USV Opportunity 2022, LP is the same institution as 2 records in Allocators and RIA and Wealth.
DFX found 2 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…
USV Opportunity 2022, LP sits on 15 traced paths of capital across the graphs.
DFX traced 15 paths of capital through this record
Every record on each path, what it committed or lent, and as of when.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.
Checking your plan…
Record history
- LP commitment disclosed2026-03-31source on record
- LP commitment disclosed2026-03-31source on record
- Fund first reported on ADV2023-03-30source 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.