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.

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Funds / S•••• C•••••• V•• L•••

S•••• C•••••• V•• L•••

MatureClosed to new capitalFundADV: Venture Capital FundS•••• 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
$450Mwhat may be sold, not what was raised; file 021-332802, sworn by the adviser or filed under this vehicle
Form D sold
$450Mas of the filing of Feb 13, 2020, 91 investors
First sale
Feb 14, 2019
Reported GAV
$679Mon the Form ADV filed Sep 14, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
91
Reported on ADV
Mar 27, 2019 to Sep 14, 2026
Fundraising evidence
Closed to new capital
Form D filed or amended 2020-02-13: the stated $450.0M offering reported fully sold (fr-1)
evidence dated Feb 13, 2020. 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: 2019-02-14vintage year: $2,019adv gav as of: 2026-09-14vintage basis: form_d_first_saleform d sold usd: $450Mform d offering usd: $450Mform d latest filed at: 2020-02-13
The fund's own reporting through time
8 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 27, 2019Venture Capital Fund$322M
581%yes
Mar 26, 2020Venture Capital Fund$455M
921%yes
Mar 30, 2021Venture Capital Fund$446M
921%yes
Jan 7, 2022Venture Capital Fund$446M
921%yes
Mar 23, 2022Venture Capital Fund$465M
921%yes
Mar 27, 2023Venture Capital Fund$499M
911%yes
Mar 27, 2024Venture Capital Fund$714M
911%yes
Sep 14, 2026$679M
911%
Principals and agents
8 principals on Form D, 0 placement agents
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
L•• A•••••• C••• E••••••••• R••••••••• S••••• lacers.org2020n/an/an/an/a7.8%1.4xDec 31, 2025
L•• A•••••• C••• E••••••••• R••••••••• S••••• lacers.org2019$13.3Mn/an/an/anot meaningful yetunknownFeb 14, 2019

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
5 events
  1. Dec 31, 2025
    LACERS reports S•••• C•••••• V•: an undisclosed amount committed, vintage 2020, net IRR 7.8%, 1.37x
  2. Feb 13, 2020
    S•••• C•••••• V•• L••• filed Form D/A: $450,000,000 sold of $450,000,000, Venture Capital Fund
  3. Mar 27, 2019
    S•••• C•••••• V•• L••• first reported on Form ADV by S•••• C•••••• (Venture Capital Fund), GAV $322,221,951
  4. Feb 14, 2019
    LACERS commits $13,300,000 to S•••• C•••••• P••••••• V• (S•••• C••••••), closed 2019-02-14
  5. Feb 13, 2019
    S•••• C•••••• V•• L••• filed Form D: no sales yet of $400,000,000, Venture Capital Fund
Evidence
52 observations
Every observation on this vehicle