DFX Intelligence
The names on this page are hidden. Create a free account to reveal 5 records a month, or get Venture Capital Intelligence at $199 a month for every name. Every figure, date and source on this page is public either way.
Funds / I••••••••• V•••••• P••••••• X••••• L•••
I••••••••• V•••••• P••••••• X••••• L•••
Active deploymentClosed to new capitalFundADV: Venture Capital FundI••••••••• V•••••• M••••••••• X••••• 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
- $1.6Bwhat may be sold, not what was raised; file 021-460714, sworn by the adviser or filed under this vehicle
- Form D sold
- $1.6Bas of the filing of Mar 20, 2024, 128 investors
- First sale
- Oct 6, 2022
- Reported GAV
- $1.6Bon the Form ADV filed Mar 27, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 127
- Reported on ADV
- Dec 1, 2022 to Mar 27, 2024
- Structure
- master
Fundraising evidence
Closed to new capital
Form D filed or amended 2024-03-20: the stated $1.6bn offering reported fully sold (fr-1)
evidence dated Mar 20, 2024. 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: 2022-10-06vintage year: $2,022adv gav as of: 2024-03-27vintage basis: form_d_first_saleform d sold usd: $1.6Bform d offering usd: $1.6Bform d latest filed at: 2024-03-20
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Dec 1, 2022 | Venture Capital Fund | $260M | 29 | $1.0M | 3% | yes | |
| Mar 27, 2023 | Venture Capital Fund | $886M | 74 | $500,000 | 3% | yes | |
| Mar 27, 2024 | Venture Capital Fund | $1.6B | 127 | $500,000 | 5% | yes | |
| Mar 28, 2026 | Venture Capital Fund | $1.9B | 127 | $500,000 | 5% |
Principals and agents
11 principals on Form D, 1 placement agents
- E••• L••• Promoter
- T••••• L•••••• Promoter
- A••• V••••• Promoter
- C•••••••• W•••••• Promoter
- I••••••••• V•••••• M••••••••• X••••• L•• Promoter
- J•••• M•••• Promoter
- S••••• D••• Promoter
- S•••••• H•••••• Promoter
- J• S•••••• M••••• Promoter
- I••••••••• V•••••• M••••••••• H••••••• X••••• L•• Promoter
- D••••• P••••• Promoter
- G•••••• S•••• • C•• L•• placement agent
Limited partners and their reported performance
2 public LP reports
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| N•• J••••• D••••••• o• I••••••••• nj.gov | 2024 | $100M | $70.0M | $0 | $82.5M | not meaningful yet | 1.2x | May 31, 2026 |
| C••••••••• S•••• T•••••••• R••••••••• S••••• calstrs.com | 2024 | $100M | $23.0M | n/a | $26.3M | 30.9% | 1.1x | Jun 30, 2025 |
Each 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).
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
6 events
- May 31, 2026••• LockedLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025••• LockedLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Jun 30, 2025••• LockedLP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 20, 2024••• LockedForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Dec 1, 2022••• LockedFund 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)
- Oct 4, 2022••• LockedForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $1.6B Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $1.6B Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-10-06 Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Indefinite offering: true Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 128 Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ••• Locked Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ••• Locked Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 20, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Oct 4, 2022 Fact SEC EDGAR Form D data sets (quarterly)