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 / Cercano Big Hat Venture Capital LP

Cercano Big Hat Venture Capital LP

Active deploymentUnknownFundADV: Venture Capital FundCercano Management LLCDelaware
Amounts, each with its basis
Vintage
2023basis: 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
indefinitewhat may be sold, not what was raised; file 021-487847, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Jul 26, 2023, 1 investors
First sale
Jul 10, 2023
Reported GAV
$3.0Mon the Form ADV filed Nov 15, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
2
Reported on ADV
Feb 12, 2024 to Nov 15, 2024
Fundraising evidence
Unknown
latest Form D 2023-07-26, older than 15 months (fr-1)
evidence dated Jul 26, 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: 3first sale: 2023-07-10vintage year: $2,023adv gav as of: 2024-11-15vintage basis: form_d_first_saleform d sold usd: 0form d offering usd: n/aform d latest filed at: 2023-07-26
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Feb 12, 2024Venture Capital Fund$3.0M
21%yes
Mar 28, 2024Venture Capital Fund$3.0M
21%yes
Sep 5, 2024Venture Capital Fund$3.0M
21%yes
Nov 15, 2024Venture Capital Fund$3.0M
21%yes
Principals and agents
3 principals on Form D, 0 placement agents
  • Cercano 2023 Venture Capital GP, LP Executive Officer
  • Cercano Big Hat Venture Capital GP LLC Executive Officer
  • Cercano Management LLC Executive Officer
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. Feb 12, 2024
    Cercano Big Hat Venture Capital LP first reported on Form ADV by Cercano Management LLC (Venture Capital Fund), GAV $3,035,478
    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. Jul 26, 2023
    Cercano Big Hat Venture Capital LP filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle