Thrive Capital Partners IX, L.P.

Fundmanaged by Thrive Capital· Delaware
Vintage
2024
Form D sold
$1.0B
Reported gross assets
$1.6B
Form ADV, Jul 6, 2026
Early deploymentClosed to new capitalADV: Venture Capital Fund
More
As of · the latest observation of this vehicle; each figure below carries its own filing date

6 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

  1. 1 LP report
    public disclosures

    1 public LP report name this vehicle; the latest, California Public Employees' Retirement System as of 31 Dec 2025, shows $104M committed.

    A named LP and its own performance figures are the strongest outside read on a fund.

    FactPublic pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)For LPs, fund-of-fundsLimited partners →
Drawing the relationship network…
Amounts, each with its basis
Vintage
2024basis: 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
$1.0Bwhat may be sold, not what was raised; file 021-521606, sworn by the adviser or filed under this vehicle
Form D sold
$1.0Bas of the filing of Aug 15, 2024, 332 investors
First sale
Jul 31, 2024
Reported GAV
$1.6Bon the Form ADV filed Jul 6, 2026; the fund's assets, never its size or dry powder
Owners (ADV)
333
Reported on ADV
unknown
Fundraising evidence
Closed to new capital
Form D filed or amended 2024-08-15: the stated $1.0bn offering reported fully sold (fr-1)
evidence dated Aug 15, 2024.
Lifecycle
Early deployment
vintage within 2 years
age years: 2first sale: Jul 31, 2024vintage year: 2024adv gav as of: Jul 6, 2026vintage basis: Form d first saleform d sold: $1.0Bform d offering: $1.0Bform d latest filed at: Aug 15, 2024
The fund's own reporting through time
1 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Jul 6, 2026Venture Capital Fund$1.6B
3332%
Principals and agents
2 principals on Form D, 3 placement agents
  • Joshua Kushner Executive Officer
  • Thrive Partners IX GP, LLC Director
  • Goldman Sachs & Co. LLC placement agent
  • Fund Placement Israel Ltd. placement agent
  • J.P. Morgan Securities LLC placement agent
Service providers
9 named on Form ADV Schedule D and Form D
Limited partners and their reported performance
1 public LP report
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
California Public Employees' Retirement System calpers.ca.gov2025$104M$48.0M$0$85.4Mnot meaningful yetunknownDec 31, 2025
Known LPs and allocators
2 relationships, public pensions and the allocator graph, each counted once
AllocatorTypeAmountDateSource
California Public Employees' Retirement SystemSTATE RETIREMENT SYSTEM$104M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Richard and Susan Smith Family FoundationFOUNDATION$56,501
fair value on the foundation's return
reported as of Apr 30, 2025Fact 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
4 events
  1. Jul 6, 2026
    Thrive Capital Partners Ix, L.P. first reported on Form ADV by Thrive Capital (Venture Capital Fund), GAV $1,621,804,631
    Fund first reported on Form ADV Inference Form ADV
  2. Dec 31, 2025
    CalPERS reports Thrive Capital Partners IX, L.P.: $104,497,791 committed, vintage 2025
    LP commitment disclosed Fact Pension disclosure
  3. Dec 31, 2025
    CalPERS reports Thrive Capital Partners IX, L.P.: $104,497,791 committed, vintage 2025
    LP commitment disclosed Fact Pension disclosure
  4. Aug 15, 2024
    Thrive Capital Partners IX, L.P. filed Form D: $1,009,304,436 sold of $1,009,304,436, Venture Capital Fund
    Form D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
  • Entity type: Limited Partnership Aug 15, 2024 Fact Form D
  • Form D fund type: Venture Capital Fund Aug 15, 2024 Fact Form D
  • Form D industry group: Pooled Investment Fund Aug 15, 2024 Fact Form D
  • Amendment: false Aug 15, 2024 Fact Form D
  • Revenue range (Form D): Not Applicable Aug 15, 2024 Fact Form D
  • Incorporated: withinFiveYears Aug 15, 2024 Fact Form D
  • Jurisdiction: Delaware Aug 15, 2024 Fact Form D
  • Amount sold (Form D): $1.0B Aug 15, 2024 Fact Form D
  • Offering amount (Form D): $1.0B Aug 15, 2024 Fact Form D
  • Exemptions: 06c, 3C, 3C.7 Aug 15, 2024 Fact Form D
  • First sale: 2024-07-31 Aug 15, 2024 Fact Form D
  • Investors (Form D): 332 Aug 15, 2024 Fact Form D
  • Minimum investment (Form D): 0 Aug 15, 2024 Fact Form D
  • Securities offered: pooled Aug 15, 2024 Fact Form D
  • Office address: Aug 15, 2024 Fact Form D
  • Year of incorporation: 2024 Aug 15, 2024 Fact Form D

Relationships across DFX

on 2 other DFX graphs · 10 capital paths
Across the graphs

Thrive Capital Partners IX, L.P. 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.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Thrive Capital Partners IX, L.P. sits on 10 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 10 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Record history

4 dated events on the change ledger, latest event first
  • Fund first reported on ADV
    2026-07-06source on record
  • LP commitment disclosed
    2025-12-31source on record
  • LP commitment disclosed
    2025-12-31source on record

+1 more change on this record's ledger

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

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.