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 / HCM IV, L.P.

HCM IV, L.P.

MatureClosed to new capitalFundADV: Venture Capital FundHuman CapitalDelaware
Amounts, each with its basis
Vintage
2021basis: 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
$287Mwhat may be sold, not what was raised; file 021-387496, sworn by the adviser or filed under this vehicle
Form D sold
$287Mas of the filing of Dec 23, 2021, 65 investors
First sale
Jan 29, 2021
Reported GAV
$324Mon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
135
Reported on ADV
Mar 31, 2022 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2021-12-23: the stated $287.2M offering reported fully sold (fr-1)
evidence dated Dec 23, 2021. 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: 5first sale: 2021-01-29vintage year: $2,021adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $287Mform d offering usd: $287Mform d latest filed at: 2021-12-23
The fund's own reporting through time
6 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Venture Capital Fund$279M
831%yes
Apr 5, 2022Venture Capital Fund$279M
831%yes
Apr 20, 2022Venture Capital Fund$279M
831%yes
Mar 31, 2023Venture Capital Fund$287M
1331%yes
Apr 28, 2023Venture Capital Fund$288M
1331%yes
Mar 29, 2024Venture Capital Fund$324M
1351%yes
Principals and agents
2 principals on Form D, 1 placement agents
  • Baris Akis Executive Officer
  • Armaan Ali Executive Officer
  • Elowen Capital Partners Limited placement agent
Limited partners and their reported performance
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.
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. Mar 31, 2022
    HCM IV, L.P. first reported on Form ADV by Human Capital Management (Venture Capital Fund), GAV $279,489,936
    Fund 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)
  2. Dec 23, 2021
    HCM IV, L.P. filed Form D/A: $287,200,000 sold of $287,200,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  3. Jul 2, 2021
    HCM IV, L.P. filed Form D/A: $149,000,000 sold of $250,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Jan 27, 2021
    HCM IV, L.P. filed Form D: no sales yet of $250,000,000, Private Equity Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
47 observations
Every observation on this vehicle