DFX Intelligence
Unbundled Capital Skimmer LLC
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
Nothing material in the last 365 days. Last change: 15 Oct 2020, Latest Form D filed on 15 Oct 2020: $4.15M sold of $4.15M offered, 21 investors. 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
- 2020basis: 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
- $4.2Mwhat may be sold, not what was raised; file 021-378076, sworn by the adviser or filed under this vehicle
- Form D sold
- $4.2Mas of the filing of Oct 15, 2020, 21 investors
- First sale
- Sep 30, 2020
- Reported GAV
- $40.4Mon the Form ADV filed Mar 26, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 21
- Reported on ADV
- Mar 29, 2021 to Mar 26, 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.Closed to new capital
Form D filed or amended 2020-10-15: the stated $4.2M offering reported fully sold (fr-1)
evidence dated Oct 15, 2020.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 6first sale: Sep 30, 2020vintage year: 2020adv gav as of: Mar 26, 2026vintage basis: Form d first saleform d sold: $4.2Mform d offering: $4.2Mform d latest filed at: Oct 15, 2020
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2021 | Venture Capital Fund | $4.2M | 21 | $15,000 | 12% | no | |
| Jan 31, 2022 | Venture Capital Fund | $4.2M | 21 | $15,000 | 12% | no | |
| Mar 6, 2023 | Venture Capital Fund | $22.0M | 21 | $15,000 | 12% | no | |
| Feb 19, 2024 | Venture Capital Fund | $40.4M | 21 | $15,000 | 12% | no | |
| Mar 26, 2026 | Venture Capital Fund | $40.4M | 21 | $15,000 | 12% |
Principals and agents
3 principals on Form D, 0 placement agents
- Unbundled Capital Skimmer Manager LP Promoter
- Unbundled Capital Skimmer Ultimate Manager LLC Promoter
- Peter Freeland Director
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorBaker Tilly · PLANO, Texas, United StatesForm ADV filed Mar 26, 2026 reports.adviserinfo.sec.gov
- CustodianAMEGY BANK · SAN ANTONIO, Texas, United StatesForm ADV filed Mar 26, 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.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
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 29, 2021Unbundled Capital Skimmer LLC first reported on Form ADV by Unbundled Capital LLC (Venture Capital Fund), GAV $4,242,316Fund first reported on Form ADV Fact Form ADV
- Oct 15, 2020Unbundled Capital Skimmer LLC filed Form D: $4,150,000 sold of $4,150,000, Venture Capital FundForm D filed Fact Form D
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Oct 15, 2020 Fact Form D
- Form D fund type: Venture Capital Fund Oct 15, 2020 Fact Form D
- Form D industry group: Pooled Investment Fund Oct 15, 2020 Fact Form D
- Amendment: false Oct 15, 2020 Fact Form D
- Revenue range (Form D): Decline to Disclose Oct 15, 2020 Fact Form D
- Incorporated: withinFiveYears Oct 15, 2020 Fact Form D
- Jurisdiction: Delaware Oct 15, 2020 Fact Form D
- Amount sold (Form D): $4.2M Oct 15, 2020 Fact Form D
- Offering amount (Form D): $4.2M Oct 15, 2020 Fact Form D
- Exemptions: 06b, 3C, 3C.1, 3C.7 Oct 15, 2020 Fact Form D
- First sale: 2020-09-30 Oct 15, 2020 Fact Form D
- Investors (Form D): 21 Oct 15, 2020 Fact Form D
- Minimum investment (Form D): 0 Oct 15, 2020 Fact Form D
- Securities offered: pooled Oct 15, 2020 Fact Form D
- Office address: Oct 15, 2020 Fact Form D
- Year of incorporation: 2020 Oct 15, 2020 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Unbundled Capital Skimmer LLC is the same institution as 1 record in RIA and Wealth.
RIA and Wealth1
The joined record opens with the product, beside every other relationship on this page.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2021-03-29source on record
- Form D filed2020-10-15source 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.