DFX Intelligence
AI Parallel Fund, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital FundFeeder or parallel vehicle
A feeder, parallel or offshore vehicle of a main fund; its assets may overlap the main fund's.
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: 12 Feb 2018, Latest Form D filed on 12 Feb 2018: $175M sold of $175M offered, 21 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
- 2017basis: 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
- $175Mwhat may be sold, not what was raised; file 021-292787, sworn by the adviser or filed under this vehicle
- Form D sold
- $175Mas of the filing of Feb 12, 2018, 21 investors
- First sale
- Aug 17, 2017
- Reported GAV
- $38.4Mon the Form ADV filed Mar 24, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 8
- Reported on ADV
- Oct 13, 2017 to Mar 24, 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.
Closed to new capital
Form D filed or amended 2018-02-12: the stated $174.8M offering reported fully sold (fr-1)
evidence dated Feb 12, 2018.
LifecycleHarvest
vintage over 7 years, still reported
age years: 9first sale: Aug 17, 2017vintage year: 2017adv gav as of: Mar 24, 2026vintage basis: Form d first saleform d sold: $175Mform d offering: $175Mform d latest filed at: Feb 12, 2018
The fund's own reporting through time
9 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Oct 13, 2017 | Venture Capital Fund | $40.4M | 8 | 1% | yes | ||
| Mar 30, 2018 | Venture Capital Fund | $40.4M | 8 | 1% | yes | ||
| Mar 22, 2019 | Venture Capital Fund | $37.0M | 8 | 1% | yes | ||
| Mar 27, 2020 | Venture Capital Fund | $37.0M | 8 | 1% | yes | ||
| Mar 18, 2021 | Venture Capital Fund | $36.0M | 8 | 1% | yes | ||
| Mar 24, 2022 | Venture Capital Fund | $40.0M | 8 | 1% | yes | ||
| Mar 14, 2023 | Venture Capital Fund | $40.0M | 8 | 1% | yes | ||
| Mar 18, 2024 | Venture Capital Fund | $40.0M | 8 | 1% | yes | ||
| Mar 24, 2026 | Venture Capital Fund | $38.4M | 8 | 1% |
Principals and agents
2 principals on Form D, 0 placement agents
- Andrew Ng Executive Officer
- General Partner AI Fund GP, LLC Executive Officer
Service providers
2 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · SAN FRANCISCO, California, United StatesForm ADV filed Mar 24, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · PALO ALTO, California, United StatesForm ADV filed Mar 24, 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
4 events
- Mar 30, 2018Auditor changed: Frank, Rimerman + Co. replaced KPMG, first reported on the Form ADV filed March 30, 2018 (previous filing October 13, 2017)Auditor changed Fact Form ADV
- Feb 12, 2018AI Fund, L.P. filed Form D/A: $174,800,000 sold of $174,800,000, Venture Capital FundForm D filed Fact Form D
- Oct 13, 2017AI Parallel Fund, L.P. first reported on Form ADV by AI Ventures Management, LLC (Venture Capital Fund), GAV $40,404,040Fund first reported on Form ADV Fact Form ADV
- Aug 15, 2017AI Fund, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 12, 2018 Fact Form D
- Entity type: Limited Partnership Aug 15, 2017 Fact Form D
- Form D fund type: Venture Capital Fund Feb 12, 2018 Fact Form D
- Form D fund type: Venture Capital Fund Aug 15, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Feb 12, 2018 Fact Form D
- Form D industry group: Pooled Investment Fund Aug 15, 2017 Fact Form D
- Amendment: true Feb 12, 2018 Fact Form D
- Amendment: false Aug 15, 2017 Fact Form D
- Revenue range (Form D): Not Applicable Feb 12, 2018 Fact Form D
- Revenue range (Form D): Not Applicable Aug 15, 2017 Fact Form D
- Incorporated: withinFiveYears Feb 12, 2018 Fact Form D
- Incorporated: withinFiveYears Aug 15, 2017 Fact Form D
- Jurisdiction: Delaware Feb 12, 2018 Fact Form D
- Jurisdiction: Delaware Aug 15, 2017 Fact Form D
- Amount sold (Form D): $175M Feb 12, 2018 Fact Form D
- Amount sold (Form D): $0 Aug 15, 2017 Fact Form D
- Offering amount (Form D): $175M Feb 12, 2018 Fact Form D
- Offering amount (Form D): $150M Aug 15, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Feb 12, 2018 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 15, 2017 Fact Form D
- First sale: 2017-08-17 Feb 12, 2018 Fact Form D
- Investors (Form D): 21 Feb 12, 2018 Fact Form D
- Investors (Form D): 0 Aug 15, 2017 Fact Form D
- Minimum investment (Form D): 0 Feb 12, 2018 Fact Form D
- Minimum investment (Form D): 0 Aug 15, 2017 Fact Form D
- Securities offered: pooled Feb 12, 2018 Fact Form D
- Securities offered: pooled Aug 15, 2017 Fact Form D
- Office address: Feb 12, 2018 Fact Form D
- Office address: Aug 15, 2017 Fact Form D
- Year of incorporation: 2017 Feb 12, 2018 Fact Form D
- Year of incorporation: 2017 Aug 15, 2017 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
AI Parallel Fund, L.P. 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
1 identity change, 4 dated events on the change ledger, latest event first
- Fund folded2026-09-14
- Fund first reported on ADV2018-03-30source on record
- Form D filed2018-02-12source on record
+2 more changes on this record's ledger
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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.