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.

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Funds / B•• I•• L•

B•• I•• L•

MatureUnknownFundADV: Venture Capital FundB• B••••• T•••••••• L••California
Amounts, each with its basis
Vintage
2021basis: 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 021-422230, sworn by the adviser or filed under this vehicle
Form D sold
$146Mas of the filing of Sep 7, 2023, 126 investors
First sale
Dec 7, 2021
Reported GAV
$151Mon the Form ADV filed Mar 22, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
125
Reported on ADV
Mar 24, 2022 to Mar 22, 2024
Fundraising evidence
Unknown
latest Form D 2023-09-07, older than 15 months (fr-1)
evidence dated Sep 7, 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
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-12-07vintage year: $2,021adv gav as of: 2024-03-22vintage basis: form_d_first_saleform d sold usd: $146Mform d offering usd: n/aform d latest filed at: 2023-09-07
The fund's own reporting through time
4 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 24, 2022Venture Capital Fund$136M
122%yes
Apr 4, 2022Venture Capital Fund$136M
122%yes
Mar 20, 2023Venture Capital Fund$151M
1262%yes
Mar 22, 2024Venture Capital Fund$151M
1252%yes
Principals and agents
3 principals on Form D, 0 placement agents
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
  1. Sep 7, 2023
    B•• I•• L• filed Form D/A: $145,630,000 sold (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  2. Mar 24, 2022
    B•• I•• L• first reported on Form ADV by B• B••••• T•••••••• L•• (Venture Capital Fund), GAV $136,102,041
    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)
  3. Nov 23, 2021
    B•• I•• L• filed Form D: no sales yet (indefinite offering), Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this vehicle