DFX Intelligence
WEP Ipc Investment, LLC
Fundmanaged by Warren Equity Partners Manager, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownother manager vehicleADV: Private Equity FundOutside venture scope
A private equity fund outside venture scope, shown because its manager is on the venture graph.
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- -46%reported GAV
Reported gross assets fell from $1.66M to $894K between the Form ADV filings of 12 Jun 2024 and 15 Sep 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- 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
- unknownwhat may be sold, not what was raised; file 021-9999999999, sworn by the adviser or filed under this vehicle
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $894,262on the Form ADV filed Sep 15, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 14
- Reported on ADV
- May 8, 2018 to Sep 15, 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.Unknown
no Form D or close on record (fr-1)
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Sep 15, 2026vintage basis: n/aform d sold: n/aform d offering: n/aform d latest filed at: n/a
The fund's own reporting through time
17 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| May 8, 2018 | Private Equity Fund | $17.9M | 14 | $100,000 | 57% | no | |
| Mar 29, 2019 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | no | |
| Jun 28, 2019 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | yes | |
| Jul 8, 2019 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | yes | |
| Sep 3, 2019 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | yes | |
| Mar 30, 2020 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | yes | |
| Apr 23, 2020 | Private Equity Fund | $19.3M | 14 | $100,000 | 86% | yes | |
| Mar 31, 2021 | Private Equity Fund | $16.4M | 14 | $100,000 | 86% | yes | |
| Mar 31, 2022 | Private Equity Fund | $12.4M | 14 | $100,000 | 86% | yes | |
| Sep 8, 2022 | Private Equity Fund | $12.4M | 14 | $100,000 | 86% | yes | |
| Feb 7, 2023 | Private Equity Fund | $12.4M | 14 | $100,000 | 86% | yes | |
| Mar 31, 2023 | Private Equity Fund | $8.3M | 14 | $100,000 | 86% | yes | |
| Jun 8, 2023 | Private Equity Fund | $8.3M | 14 | $100,000 | 86% | yes | |
| Jan 22, 2024 | Private Equity Fund | $8.3M | 14 | $100,000 | 86% | yes | |
| Mar 26, 2024 | Private Equity Fund | $1.7M | 14 | $100,000 | 86% | yes | |
| Jun 12, 2024 | Private Equity Fund | $1.7M | 14 | $100,000 | 86% | yes | |
| Sep 15, 2026 | Private Equity Fund | $894,262 | 14 | $100,000 | 86% |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorPwC · TAMPA, Florida, United StatesForm ADV filed Sep 15, 2026 reports.adviserinfo.sec.gov
- AdministratorSS&C · WINDSOR, Connecticut, United StatesForm ADV filed Sep 15, 2026 reports.adviserinfo.sec.gov
- CustodianWells Fargo · JACKSONVILLE, Florida, United StatesForm ADV filed Sep 15, 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 30, 2026Auditor changed: PwC replaced Crowe, first reported on the Form ADV filed March 30, 2026 (previous filing November 14, 2025)Auditor changed Fact Form ADV
- Mar 31, 2023Administrator changed: SS&C replaced LEVERPOINT MANAGEMENT, LLC, first reported on the Form ADV filed March 31, 2023 (previous filing February 7, 2023)Administrator changed Fact Form ADV
- May 8, 2018WEP Ipc Investment, LLC first reported on Form ADV by Warren Equity Partners Manager, L.P. (Private Equity Fund), GAV $17,900,000Fund first reported on Form ADV Fact Form ADV
Evidence
0 observations
Every observation on this vehicle
Relationships across DFX
on 2 other DFX graphs
Across the graphs
WEP Ipc Investment, LLC is the same institution as 2 records in Private Equity and RIA and Wealth.
Private Equity1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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