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Funds / N•• 3••• L•

N•• 3••• L•

Active deploymentClosed to new capitalFundADV: Venture Capital FundN•• V•••••••• L••
Amounts, each with its basis
Vintage
2022basis: 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
$179Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-463503, 021-484895
Form D sold
$179Mas of the filing of Jun 22, 2023, 137 investors
First sale
Nov 2, 2022
Reported GAV
$191Mon the Form ADV filed Oct 1, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
348
Reported on ADV
Mar 30, 2023 to Oct 1, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2023-06-22: the stated $178.8M offering reported fully sold (fr-1)
evidence dated Jun 22, 2023. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-11-02vintage year: $2,022adv gav as of: 2024-10-01vintage basis: form_d_first_saleform d sold usd: $179Mform d offering usd: $179Mform d latest filed at: 2023-06-22
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 30, 2023Venture Capital Fund$102M
46$25,0002%no
Mar 29, 2024Venture Capital Fund$191M
348$25,0002%yes
Oct 1, 2024Venture Capital Fund$191M
348$25,0002%yes
Principals and agents
2 principals on Form D, 0 placement agents
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. Jun 22, 2023
    ••• Locked
  2. Jun 22, 2023
    ••• Locked
  3. Mar 30, 2023
  4. Nov 1, 2022
    ••• Locked
Evidence
35 observations
Every observation on this vehicle