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 / Westsummit Global Technology Fund, L.P.
Westsummit Global Technology Fund, L.P.
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
- $150Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by the general partner the adviser swears for this fund, not sworn by the adviser (confidence 0.85); file 021-208011
- Form D sold
- $0as of the filing of Dec 16, 2013
- First sale
- unknown
- Reported GAV
- $309Mon the Form ADV filed Mar 19, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 8
- Reported on ADV
- May 3, 2012 to Mar 19, 2024
Fundraising evidence
Unknown
latest Form D 2013-12-16, older than 15 months (fr-1)
evidence dated Dec 16, 2013. 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
Unknown
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: 2024-03-19vintage basis: n/aform d sold usd: 0form d offering usd: $150Mform d latest filed at: 2013-12-16
The fund's own reporting through time
16 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| May 3, 2012 | Venture Capital Fund | $162M | 3 | $10.0M | 0% | yes | |
| Oct 19, 2012 | Venture Capital Fund | $162M | 3 | $10.0M | 0% | yes | |
| Apr 2, 2013 | Venture Capital Fund | $57.9M | 3 | $10.0M | 0% | yes | |
| Mar 31, 2014 | Venture Capital Fund | $236M | 7 | $1.0M | 0% | yes | |
| Mar 31, 2015 | Venture Capital Fund | $271M | 7 | $1.0M | 0% | yes | |
| Mar 30, 2016 | Venture Capital Fund | $344M | 7 | $1.0M | 1% | yes | |
| Mar 30, 2017 | Venture Capital Fund | $300M | 7 | $1.0M | 1% | yes | |
| Mar 7, 2018 | Venture Capital Fund | $422M | 7 | $1.0M | 1% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $411M | 7 | $1.0M | 1% | yes | |
| Mar 30, 2018 | Venture Capital Fund | $411M | 7 | $1.0M | 1% | yes | |
| Mar 29, 2019 | Venture Capital Fund | $311M | 7 | $1.0M | 1% | yes | |
| Mar 30, 2020 | Venture Capital Fund | $396M | 7 | $1.0M | 1% | yes | |
| Mar 31, 2021 | Venture Capital Fund | $1.5B | 7 | $1.0M | 1% | yes | |
| Mar 31, 2022 | Venture Capital Fund | $756M | 7 | $1.0M | 1% | yes | |
| Mar 28, 2023 | Venture Capital Fund | $367M | 7 | $1.0M | 1% | yes | |
| Mar 19, 2024 | Venture Capital Fund | $309M | 8 | $1.0M | 1% | yes |
Principals and agents
3 principals on Form D, 0 placement agents
- Datong Lei Chen Director
- Westsummit Global Technology GP, Ltd. Promoter
- Raymond Lei Yang Director
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
2 events
- Dec 16, 2013WestSummit Global Technology Fund, L.P. filed Form D: no sales yet of $150,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- May 3, 2012Westsummit Global Technology Fund, L.P. first reported on Form ADV by Westsummit Capital Management L.P. (Venture Capital Fund), GAV $161,600,000Fund 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)
Evidence
15 observations
Every observation on this vehicle
- Entity type: Other Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $0 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $150M Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1, 3C.7 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 0 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: CO INTERTRUST CORPORATE SERVICES LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN, E9, KY1-9005 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2011 Dec 16, 2013 Fact SEC EDGAR Form D data sets (quarterly)