DFX Intelligence
Fifth Wall REACT Fund, L.P.
Fund· Delaware
As of · the latest observation of this vehicle; each figure below carries its own filing date
FundraisingActive offering evidenceADV: Venture Capital Fundmanager not yet resolved
As of · the latest observation of this vehicle; each figure below carries its own filing date
13 additional principals
Every relationship, signal and contact on this record, with the source on each.
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What matters now
- $123Msold at the filing
Latest Form D filed on 18 Dec 2025: $123M sold of $500M offered, 21 investors. A Form D amount is what was sold at the filing, never a final close.
A new or amended Form D means the vehicle is taking money now.
- 1 agentplacement
1 placement agent named on the vehicle's Form D filings.
A placement agent means the vehicle is marketed to outside LPs.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- 2024basis: 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
- $500Mwhat may be sold, not what was raised; file 021-532494, sworn by the adviser or filed under this vehicle
- Form D sold
- $123Mas of the filing of Dec 18, 2025, 21 investors
- First sale
- Dec 18, 2024
- Reported GAV
- $109Mon the Form ADV filed Mar 2, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 18
- Reported on ADV
- unknown
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.Active offering evidence
Form D filed or amended 2025-12-18: sold $123.2M of a stated $500.0M offering (fr-1)
evidence dated Dec 18, 2025.
Lifecycle
Fundraising
Lifecycle
Form D within 18 months and the offering is not sold out
first sale: Dec 18, 2024vintage year: 2024adv gav as of: Mar 2, 2026vintage basis: Form d first saleform d sold: $123Mform d offering: $500Mform d latest filed at: Dec 18, 2025
The fund's own reporting through time
1 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 2, 2026 | Venture Capital Fund | $109M | 18 | $2.0M | 1% |
Principals and agents
16 principals on Form D, 1 placement agents
- Fifth Wall Asset Management LP Executive Officer
- Greg "magnus" Smithies Executive Officer
- Miguel "magnus" Nigorra Executive Officer
- Fifth Wall Securities, LP placement agent
Service providers
2 named on Form ADV Schedule D and Form D
- AdministratorSEI · OAKS, Pennsylvania, United StatesForm ADV filed Mar 2, 2026 reports.adviserinfo.sec.gov
- CustodianJPMorgan · NEW YORK, New York, United StatesForm ADV filed Mar 2, 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
3 events
- Mar 2, 2026Fifth Wall React Fund, L.P. first reported on Form ADV by Fifth Wall Asset Management, LLC (Venture Capital Fund), GAV $109,343,434Fund first reported on Form ADV Inference Form ADV
- Dec 18, 2025Fifth Wall REACT Fund, L.P. filed Form D/A: $123,250,000 sold of $500,000,000, Venture Capital FundForm D filed Fact Form D
- Dec 18, 2024Fifth Wall REACT Fund, L.P. filed Form D: no sales yet of $500,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Dec 18, 2025 Fact Form D
- Entity type: Limited Partnership Dec 18, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Dec 18, 2025 Fact Form D
- Form D fund type: Venture Capital Fund Dec 18, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 18, 2025 Fact Form D
- Form D industry group: Pooled Investment Fund Dec 18, 2024 Fact Form D
- Amendment: true Dec 18, 2025 Fact Form D
- Amendment: false Dec 18, 2024 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 18, 2025 Fact Form D
- Revenue range (Form D): Decline to Disclose Dec 18, 2024 Fact Form D
- Incorporated: withinFiveYears Dec 18, 2025 Fact Form D
- Incorporated: withinFiveYears Dec 18, 2024 Fact Form D
- Jurisdiction: Delaware Dec 18, 2025 Fact Form D
- Jurisdiction: Delaware Dec 18, 2024 Fact Form D
- Amount sold (Form D): $123M Dec 18, 2025 Fact Form D
- Amount sold (Form D): $0 Dec 18, 2024 Fact Form D
- Offering amount (Form D): $500M Dec 18, 2025 Fact Form D
- Offering amount (Form D): $500M Dec 18, 2024 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Dec 18, 2025 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Dec 18, 2024 Fact Form D
- First sale: 2024-12-18 Dec 18, 2025 Fact Form D
- Investors (Form D): 21 Dec 18, 2025 Fact Form D
- Investors (Form D): 0 Dec 18, 2024 Fact Form D
- Minimum investment (Form D): 10,000,000 Dec 18, 2025 Fact Form D
- Minimum investment (Form D): 10,000,000 Dec 18, 2024 Fact Form D
- Securities offered: Equity, pooled Dec 18, 2025 Fact Form D
- Securities offered: pooled Dec 18, 2024 Fact Form D
- Office address: Dec 18, 2025 Fact Form D
- Office address: Dec 18, 2024 Fact Form D
- Year of incorporation: 2024 Dec 18, 2025 Fact Form D
- Year of incorporation: 2024 Dec 18, 2024 Fact Form D
Relationships across DFX
on 1 other DFX graph
Across the graphs
Fifth Wall REACT Fund, L.P. 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
3 dated events on the change ledger, latest event first
- Fund first reported on ADV2026-03-02source on record
- Form D filed2025-12-18source on record
- Form D filed2024-12-18source 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.