DFX Intelligence
Next Play Capital II Q, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
Early deploymentFundraising status unknownADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +10%reported GAV
Reported gross assets rose from $65.1M to $71.7M between the Form ADV filings of 28 Mar 2024 and 31 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
- 2024basis: 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 021-346148, sworn by the adviser or filed under this vehicle
- Form D sold
- $0as of the filing of Aug 8, 2019
- First sale
- unknown
- Reported GAV
- $71.7Mon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 82
- Reported on ADV
- Mar 28, 2024 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 2019-08-08, older than 15 months (fr-1)
evidence dated Aug 8, 2019.
Lifecycle
Early deployment
Lifecycle
vintage within 2 years
age years: 2first sale: n/avintage year: 2024adv gav as of: Mar 31, 2026vintage basis: ADV first reportedform d sold: $0form d offering: n/aform d latest filed at: Aug 8, 2019
The fund's own reporting through time
7 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Apr 1, 2021 | Venture Capital Fund | $41.5M | 74 | $500,000 | 1% | yes | |
| Apr 1, 2021 | Venture Capital Fund | $41.5M | 74 | $500,000 | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $65.9M | 74 | $500,000 | 1% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $74.1M | 74 | $500,000 | 1% | yes | |
| Jun 28, 2023 | Venture Capital Fund | $74.1M | 74 | $500,000 | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $65.1M | 79 | $500,000 | 1% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $71.7M | 82 | $500,000 | 1% |
Principals and agents
2 principals on Form D, 0 placement agents
- Ryan Nece Director
- Next Play Capital GP II, LLC Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorFrank, Rimerman + Co. · PALO ALTO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- AdministratorADURO ADVISORS, LLC · SAN FRANCISCO, California, United StatesForm ADV filed Mar 31, 2026 reports.adviserinfo.sec.gov
- CustodianFirst Republic Bank · SAN FRANCISCO, California, 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.1 relationship, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Vinik Family Foundation | FOUNDATION | $500,424 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
- Apr 1, 2021Next Play Capital II Q, L.P. first reported on Form ADV by Next Play Capital, LLC (Venture Capital Fund), GAV $41,486,688Fund first reported on Form ADV Fact Form ADV
- Aug 8, 2019Next Play Capital II Q, L.P. filed Form D: no sales yet (indefinite offering), Private Equity FundForm D filed Fact Form D
Evidence
30 observations
Every observation on this vehicle
- Entity type: Limited Partnership Fact Form D
- Entity type: Limited Partnership Aug 8, 2019 Fact Form D
- Form D fund type: Private Equity Fund Fact Form D
- Form D fund type: Private Equity Fund Aug 8, 2019 Fact Form D
- Form D industry group: Pooled Investment Fund Fact Form D
- Form D industry group: Pooled Investment Fund Aug 8, 2019 Fact Form D
- Amendment: false Fact Form D
- Amendment: false Aug 8, 2019 Fact Form D
- Revenue range (Form D): Decline to Disclose Fact Form D
- Revenue range (Form D): Decline to Disclose Aug 8, 2019 Fact Form D
- Incorporated: withinFiveYears Fact Form D
- Incorporated: withinFiveYears Aug 8, 2019 Fact Form D
- Jurisdiction: Delaware Fact Form D
- Jurisdiction: Delaware Aug 8, 2019 Fact Form D
- Amount sold (Form D): $0 Fact Form D
- Amount sold (Form D): $0 Aug 8, 2019 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Aug 8, 2019 Fact Form D
- Indefinite offering: true Fact Form D
- Indefinite offering: true Aug 8, 2019 Fact Form D
- Investors (Form D): 0 Fact Form D
- Investors (Form D): 0 Aug 8, 2019 Fact Form D
- Minimum investment (Form D): 0 Fact Form D
- Minimum investment (Form D): 0 Aug 8, 2019 Fact Form D
- Securities offered: Equity, pooled Fact Form D
- Securities offered: Equity, pooled Aug 8, 2019 Fact Form D
- Office address: Fact Form D
- Office address: Aug 8, 2019 Fact Form D
- Year of incorporation: 2019 Fact Form D
- Year of incorporation: 2019 Aug 8, 2019 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Next Play Capital II Q, 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.
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Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-04-01source on record
- Form D filed2019-08-08source 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.