DFX Intelligence
Acrew Capital Fund II, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Active deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
3 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
- -13%reported GAV
Reported gross assets fell from $357M to $309M between the Form ADV filings of 29 Mar 2024 and 30 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2022basis: adv first reported
- 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 021-394612, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Apr 2, 2021
- First sale
- unknown
- Reported GAV
- $309Mon the Form ADV filed Mar 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 77
- Reported on ADV
- Mar 25, 2022 to Mar 30, 2026
Fundraising evidence
What 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.Unknown
latest Form D 2021-04-02, older than 15 months (fr-1)
evidence dated Apr 2, 2021.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 4first sale: n/avintage year: 2022adv gav as of: Mar 30, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Apr 2, 2021
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 25, 2022 | Venture Capital Fund | $332M | 77 | $200,000 | 0% | yes | |
| Mar 31, 2023 | Venture Capital Fund | $388M | 77 | $200,000 | 0% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $357M | 77 | $200,000 | 0% | yes | |
| Mar 30, 2026 | Venture Capital Fund | $309M | 77 | $200,000 | 0% |
Principals and agents
1 principal on Form D, 0 placement agents
- Theresia Gouw Executive Officer
Service providers
6 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- AdministratorCarta · SAN FRANCISCO, California, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
- CustodianCOINBASE CUSTODY TRUST COMPANY, LLC · N/, New York, United StatesForm ADV filed Mar 30, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose 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 allocators
What 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Thornburg Foundation | FOUNDATION | $698,200 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
3 events
- Mar 31, 2023Custodian changed: Bank of America replaced Silicon Valley Bank, first reported on the Form ADV filed March 31, 2023 (previous filing March 25, 2022)Custodian changed Fact Form ADV
- Mar 25, 2022Acrew Capital Fund II, L.P. first reported on Form ADV by Acrew Capital Management, L.P. (Venture Capital Fund), GAV $332,300,544Fund first reported on Form ADV Fact Form ADV
- Apr 2, 2021Acrew Capital Fund II, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Apr 2, 2021 Fact Form D
- Form D fund type: Private Equity Fund Apr 2, 2021 Fact Form D
- Form D industry group: Pooled Investment Fund Apr 2, 2021 Fact Form D
- Amendment: false Apr 2, 2021 Fact Form D
- Revenue range (Form D): Decline to Disclose Apr 2, 2021 Fact Form D
- Incorporated: withinFiveYears Apr 2, 2021 Fact Form D
- Jurisdiction: Delaware Apr 2, 2021 Fact Form D
- Amount sold (Form D): $0 Apr 2, 2021 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Apr 2, 2021 Fact Form D
- Indefinite offering: true Apr 2, 2021 Fact Form D
- Investors (Form D): 0 Apr 2, 2021 Fact Form D
- Minimum investment (Form D): 1 Apr 2, 2021 Fact Form D
- Securities offered: Equity, pooled Apr 2, 2021 Fact Form D
- Office address: Apr 2, 2021 Fact Form D
- Year of incorporation: 2021 Apr 2, 2021 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Acrew Capital Fund II, L.P. is the same institution as 3 records in Allocators, RIA and Wealth and Private Equity.
Allocators1RIA and Wealth1Private Equity1
DFX found 3 relationships across 3 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…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2022-03-25source on record
- Form D filed2021-04-02source on record
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.