DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Encap Energy Capital Fund Viii, L.P.
Encap Energy Capital Fund Viii, L.P.
Amounts, each with its basis
- Vintage
- 2011basis: 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
- $660Mwhat may be sold, not what was raised; file 021-155220, sworn by the adviser or filed under this vehicle
- Form D sold
- $660Mas of the filing of Feb 11, 2011, 7 investors
- First sale
- Jan 31, 2011
- Reported GAV
- $1.3Bon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 260
- Reported on ADV
- Mar 22, 2012 to Mar 28, 2024
- Structure
- master
Fundraising evidence
Closed to new capital
Form D filed or amended 2011-02-11: the stated $659.5M offering reported fully sold (fr-1)
evidence dated Feb 11, 2011. 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
Harvest
vintage over 7 years, still reported
age years: 15first sale: 2011-01-31vintage year: $2,011adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $660Mform d offering usd: $660Mform d latest filed at: 2011-02-11
The fund's own reporting through time
15 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 22, 2012 | Venture Capital Fund | $3.6B | 193 | $1.0M | 3% | yes | |
| Apr 1, 2013 | Venture Capital Fund | $3.8B | 192 | $1.0M | 3% | yes | |
| Mar 19, 2014 | Venture Capital Fund | $3.8B | 194 | $1.0M | 3% | yes | |
| Mar 19, 2014 | Venture Capital Fund | $3.8B | 194 | $1.0M | 3% | yes | |
| Mar 24, 2015 | Venture Capital Fund | $4.1B | 194 | $1.0M | 3% | yes | |
| Feb 18, 2016 | Venture Capital Fund | $2.7B | 194 | $1.0M | 3% | yes | |
| Mar 20, 2017 | Venture Capital Fund | $2.0B | 194 | $1.0M | 3% | yes | |
| Mar 29, 2018 | Venture Capital Fund | $1.9B | 194 | $1.0M | 3% | yes | |
| Jul 13, 2018 | Venture Capital Fund | $1.9B | 194 | $1.0M | 3% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $1.3B | 194 | $1.0M | 3% | yes | |
| Mar 26, 2020 | Venture Capital Fund | $918M | 253 | $1.0M | 3% | yes | |
| Mar 30, 2021 | Venture Capital Fund | $799M | 260 | $1.0M | 3% | yes | |
| Mar 30, 2022 | Venture Capital Fund | $1.4B | 260 | $1.0M | 3% | yes | |
| Mar 29, 2023 | Venture Capital Fund | $1.6B | 260 | $1.0M | 3% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $1.3B | 260 | $1.0M | 3% | yes |
Principals and agents
5 principals on Form D, 1 placement agents
- D Martin Phillips Executive Officer
- Robert L Zorich Executive Officer
- (General Partner) EnCap Equity Fund VIII Cayman GP, LLC Executive Officer
- Gary R Petersen Executive Officer
- David B Miller Executive Officer
- Park Hill Group LLC placement agent
Limited partners and their reported performance
3 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2025 | $43.8M | n/a | n/a | n/a | not meaningful yet | unknown | Dec 31, 2025 |
| Los Angeles City Employees' Retirement System lacers.org | 2010 | $15.0M | $14.9M | $15.5M | $366,254 | 0.9% | 1.1x | Dec 31, 2025 |
| California State Teachers' Retirement System calstrs.com | 2010 | $200M | $204M | $148M | $72.7M | 1.2% | 1.1x | Jun 30, 2025 |
Each 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).
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
- Dec 31, 2025LACERS reports Encap Energy Capital Fund VIII: $15,000,000 committed, vintage 2010, net IRR 0.9%, 1.06xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Dec 31, 2025APFC reports EnCap Energy Capital Fund VIII LP: $43,845,818 committed, vintage 2025LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports EnCap Energy Capital Fund VIII, L.P.: $200,000,000 committed, vintage 2010, net IRR 1.2%, 1.08xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025CalSTRS reports EnCap Energy Capital Fund VIII, L.P.: $200,000,000 committed, vintage 2010, net IRR 1.2%, 1.08xLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 22, 2012Encap Energy Capital Fund Viii, L.P. first reported on Form ADV by Encap Investments L.P. (Venture Capital Fund), GAV $3,618,738,681Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 11, 2011EnCap Energy Capital Fund VIII-C, L.P. filed Form D: $659,500,000 sold of $659,500,000, Private Equity FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Private Equity Fund Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): No Revenues Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $660M Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $660M Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2011-01-31 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 7 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity,pooled Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 1100 LOUISIANA, SUITE 3150, HOUSTON, TX, 77002 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2010 Feb 11, 2011 Fact SEC EDGAR Form D data sets (quarterly)