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Funds / S••••• B••••• I••• L••

S••••• B••••• I••• L••

MatureUnknownFundother manager vehicleADV: Private Equity FundS••••• B••••• C••••••Delaware
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 021-335103, sworn by the adviser or filed under this vehicle
Form D sold
$95.1Mas of the filing of Feb 23, 2021, 40 investors
First sale
Mar 22, 2019
Reported GAV
$131Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
42
Reported on ADV
Mar 26, 2020 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2021-02-23, older than 15 months (fr-1)
evidence dated Feb 23, 2021. A 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.
Lifecycle
Mature
vintage 4 to 7 years
age years: 7first sale: 2019-03-22vintage year: $2,019adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $95.1Mform d offering usd: n/aform d latest filed at: 2021-02-23
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 26, 2020P•••••• Equity Fund$50.9M
10$5.0M4%yes
Jun 24, 2020P•••••• Equity Fund$50.9M
10$5.0M4%yes
Mar 24, 2021P•••••• Equity Fund$99.3M
20$5.0M4%yes
May 12, 2021P•••••• Equity Fund$99.3M
20$5.0M4%yes
May 1, 2022P•••••• Equity Fund$157M
41$5.0M2%yes
May 6, 2022P•••••• Equity Fund$157M
41$5.0M2%yes
Mar 31, 2023P•••••• Equity Fund$141M
42$5.0M2%yes
Mar 28, 2024P•••••• Equity Fund$131M
42$5.0M2%yes
Principals and agents
3 principals on Form D, 1 placement agents
  • S••••• B••••• P••••••• I•• L•• Executive Officer
  • J••••••• S••••••••• Executive Officer
  • S••••• B••••• I•• G•• L•• Executive Officer
  • M•• P•••••• F••• A••••••• L•• placement agent
Limited partners and their reported performance
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.
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
4 events
  1. Feb 23, 2021
    S••••• B••••• I••• L••. filed Form D/A: $95,075,000 sold (indefinite offering), P•••••• Equity Fund
  2. Aug 12, 2020
    S••••• B••••• I••• L••. filed Form D/A: $54,887,000 sold (indefinite offering), P•••••• Equity Fund
  3. Mar 26, 2020
    S••••• B••••• I••• L•• first reported on Form ADV by S••••• B••••• (P•••••• Equity Fund), GAV $50,916,911
  4. Mar 18, 2019
    S••••• B••••• I••• L••. filed Form D: no sales yet (indefinite offering), P•••••• Equity Fund
Evidence
62 observations
Every observation on this vehicle