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Funds / F•••••• L••• S••••••• X•• L•••

F•••••• L••• S••••••• X•• L•••

Active deploymentClosed to new capitalFundADV: Venture Capital FundF•••••• L••• S••••••• M••••••••• L•Delaware
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
$960Mwhat may be sold, not what was raised; file 021-438073, sworn by the adviser or filed under this vehicle
Form D sold
$960Mas of the filing of Mar 18, 2022, 98 investors
First sale
Mar 15, 2022
Reported GAV
$316Mon the Form ADV filed Mar 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
99
Reported on ADV
Mar 31, 2022 to Mar 30, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2022-03-18: the stated $960.0M offering reported fully sold (fr-1)
evidence dated Mar 18, 2022. 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: 2022-03-15vintage year: $2,022adv gav as of: 2024-03-30vintage basis: form_d_first_saleform d sold usd: $960Mform d offering usd: $960Mform d latest filed at: 2022-03-18
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 31, 2022Venture Capital Fund$987M
99$5.0M3%yes
Mar 31, 2023Venture Capital Fund$998M
99$5.0M3%yes
Jan 12, 2024Venture Capital Fund$998M
99$5.0M3%yes
Mar 30, 2024Venture Capital Fund$316M
99$5.0M3%yes
Principals and agents
3 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
2 events
  1. Mar 31, 2022
    F•••••• L••• S••••••• X•• L••• first reported on Form ADV by F•••••• L••• S••••••• M••••••••• L• (Venture Capital Fund), GAV $987,237,178
  2. Mar 18, 2022
    F•••••• L••• S••••••• X•• L••• filed Form D: $960,000,000 sold of $960,000,000, Venture Capital Fund
Evidence
16 observations
Every observation on this vehicle