DFX Intelligence
Volition Capital Fund V LP
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
2 additional principals, 1 additional placement agent
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 16 Nov 2022, Latest Form D filed on 16 Nov 2022: no amount sold reported of $650M offered. 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
- 2023basis: 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
- $650Mwhat may be sold, not what was raised; file 021-464966, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Nov 16, 2022
- First sale
- unknown
- Reported GAV
- $696Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 139
- Reported on ADV
- Mar 27, 2023 to Mar 31, 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 2022-11-16, older than 15 months (fr-1)
evidence dated Nov 16, 2022.
Lifecycle
Active deployment
Lifecycle
vintage 2 to 4 years
age years: 3first sale: n/avintage year: 2023adv gav as of: Mar 31, 2026vintage basis: ADV first reportedform d sold: $0form d offering: $650Mform d latest filed at: Nov 16, 2022
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 27, 2023 | Venture Capital Fund | $689M | 139 | $100,000 | 2% | no | |
| Jul 7, 2023 | Venture Capital Fund | $689M | 139 | $100,000 | 2% | no | |
| Mar 29, 2024 | Venture Capital Fund | $683M | 139 | $100,000 | 2% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $696M | 139 | $100,000 | 2% |
Principals and agents
5 principals on Form D, 0 placement agents
- Lawrence W Cheng Executive Officer
- Andrew D Flaster Executive Officer
- Roger D Hurwitz Executive Officer
Service providers
4 named on Form ADV Schedule D and Form D
- AuditorMAYER HOFFMAN MCCANN P.C. · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorStandish Management · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianBank of America · CHARLOTTE, North Carolina, United StatesForm ADV filed Mar 31, 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.2 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Mcgregor Fund | FOUNDATION | $1.6M fair value on the foundation's return | reported as of Jun 30, 2025 | Fact IRS Form 990 / 990-PF e-file returns |
| Circle of Service Foundation | FOUNDATION | $444,882 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
2 events
- Mar 27, 2023Volition Capital Fund V LP first reported on Form ADV by Volition Capital LLC (Venture Capital Fund), GAV $688,731,500Fund first reported on Form ADV Fact Form ADV
- Nov 16, 2022Volition Capital Fund V, L.P. filed Form D: no sales yet of $650,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
15 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 16, 2022 Fact Form D
- Form D fund type: Venture Capital Fund Nov 16, 2022 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 16, 2022 Fact Form D
- Amendment: false Nov 16, 2022 Fact Form D
- Revenue range (Form D): Not Applicable Nov 16, 2022 Fact Form D
- Incorporated: withinFiveYears Nov 16, 2022 Fact Form D
- Jurisdiction: Delaware Nov 16, 2022 Fact Form D
- Amount sold (Form D): $0 Nov 16, 2022 Fact Form D
- Offering amount (Form D): $650M Nov 16, 2022 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Nov 16, 2022 Fact Form D
- Investors (Form D): 0 Nov 16, 2022 Fact Form D
- Minimum investment (Form D): 0 Nov 16, 2022 Fact Form D
- Securities offered: pooled Nov 16, 2022 Fact Form D
- Office address: Nov 16, 2022 Fact Form D
- Year of incorporation: 2022 Nov 16, 2022 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Volition Capital Fund V LP is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2023-03-27source on record
- Form D filed2022-11-16source 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.