DFX Intelligence
Venture Capital Intelligence
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 / Westly Capital Partners Fund, L.P.
Westly Capital Partners Fund, L.P.
Amounts, each with its basis
- Vintage
- 2008basis: 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
- $92.2Mwhat may be sold, not what was raised; file 021-119579, sworn by the adviser or filed under this vehicle
- Form D sold
- $92.2Mas of the filing of Sep 30, 2009, 46 investors
- First sale
- May 29, 2008
- Reported GAV
- $564,588on the Form ADV filed Feb 8, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 43
- Reported on ADV
- Mar 30, 2012 to Feb 8, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2009-09-30: the stated $92.2M offering reported fully sold (fr-1)
evidence dated Sep 30, 2009. 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
Harvest
vintage over 7 years, still reported
age years: 18first sale: 2008-05-29vintage year: $2,008adv gav as of: 2024-02-08vintage basis: form_d_first_saleform d sold usd: $92.2Mform d offering usd: $92.2Mform d latest filed at: 2009-09-30
The fund's own reporting through time
13 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Venture Capital Fund | $70.7M | 43 | $100,000 | 1% | yes | |
| Apr 1, 2013 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Mar 26, 2014 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Feb 4, 2015 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Feb 5, 2016 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Mar 29, 2017 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Mar 28, 2018 | Venture Capital Fund | $48.3M | 43 | $100,000 | 1% | yes | |
| Feb 6, 2019 | Venture Capital Fund | $16.1M | 43 | $100,000 | 1% | yes | |
| Jan 30, 2020 | Venture Capital Fund | $8.3M | 43 | $100,000 | 1% | yes | |
| Mar 3, 2021 | Venture Capital Fund | $6.2M | 43 | $100,000 | 1% | yes | |
| Feb 28, 2022 | Venture Capital Fund | $9.4M | 43 | $100,000 | 1% | yes | |
| Mar 13, 2023 | Venture Capital Fund | $3.4M | 43 | $100,000 | 1% | yes | |
| Feb 8, 2024 | Venture Capital Fund | $564,588 | 43 | $100,000 | 1% | yes |
Principals and agents
2 principals on Form D, 0 placement agents
- Steve Westly Executive Officer
- Michael Dorsey 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
3 events
- Mar 30, 2012Westly Capital Partners Fund, L.P. first reported on Form ADV by The Westly Group (Venture Capital Fund), GAV $70,717,532Fund 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)
- Sep 30, 2009Westly Capital Partners Fund LP filed Form D/A: $92,150,000 sold of $92,150,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- May 18, 2009Westly Capital Partners Fund LP filed Form D/A: $79,200,000 sold of $79,200,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
32 observations
Every observation on this vehicle
- Entity type: Limited Partnership Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): No Revenues Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): No Revenues May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DE May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $92.2M Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $79.2M May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $92.2M Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $79.2M May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06, 3C, 3C.7 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2008-05-29 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2008-05-29 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 46 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 38 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 100,000 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2750 SAND HILL ROAD, MENLO PARK, CA, 94025 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 2200 Sand Hill Road, Suite 250, MENLO PARK, CA, 94025 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2008 Sep 30, 2009 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2008 May 18, 2009 Fact SEC EDGAR Form D data sets (quarterly)