DFX Intelligence
Stepstone Vc Ba Spv, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
HarvestClosed to new capitalADV: Venture Capital FundSingle-purpose vehicle
A single-purpose vehicle, usually formed for one deal.
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- -68%reported GAV
Reported gross assets fell from $8.81M to $2.81M between the Form ADV filings of 30 Jul 2024 and 30 Jul 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
- 2010basis: 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
- $12.5Mwhat may be sold, not what was raised; file 021-139323, sworn by the adviser or filed under this vehicle
- Form D sold
- $12.5Mas of the filing of Mar 8, 2010, 1 investor
- First sale
- Feb 22, 2010
- Reported GAV
- $2.8Mon the Form ADV filed Jul 30, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 1
- Reported on ADV
- Jun 28, 2022 to Jul 30, 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.Closed to new capital
Form D filed or amended 2010-03-08: the stated $12.5M offering reported fully sold (fr-1)
evidence dated Mar 8, 2010.
Lifecycle
Harvest
Lifecycle
vintage over 7 years, still reported
age years: 16first sale: Feb 22, 2010vintage year: 2010adv gav as of: Jul 30, 2026vintage basis: Form d first saleform d sold: $12.5Mform d offering: $12.5Mform d latest filed at: Mar 8, 2010
The fund's own reporting through time
38 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Private Equity Fund | $12.3M | 1 | 0% | no | ||
| Mar 28, 2013 | Venture Capital Fund | $12.0M | 1 | 0% | no | ||
| Apr 29, 2013 | Venture Capital Fund | $12.0M | 1 | 0% | no | ||
| Feb 14, 2014 | Venture Capital Fund | $14.8M | 1 | 0% | no | ||
| Mar 27, 2014 | Venture Capital Fund | $14.8M | 1 | 0% | no | ||
| Apr 25, 2014 | Venture Capital Fund | $14.8M | 1 | 0% | no | ||
| Mar 20, 2015 | Venture Capital Fund | $17.7M | 1 | 0% | no | ||
| Apr 27, 2015 | Venture Capital Fund | $17.7M | 1 | 0% | no | ||
| Apr 29, 2015 | Venture Capital Fund | $17.7M | 1 | 0% | no | ||
| Mar 30, 2016 | Venture Capital Fund | $20.1M | 1 | 0% | no | ||
| Apr 28, 2016 | Venture Capital Fund | $20.1M | 1 | 0% | no | ||
| Mar 9, 2017 | Venture Capital Fund | $20.2M | 1 | 0% | no | ||
| Mar 28, 2017 | Venture Capital Fund | $20.2M | 1 | 0% | no | ||
| Apr 30, 2017 | Venture Capital Fund | $20.2M | 1 | 0% | no | ||
| Aug 17, 2017 | Venture Capital Fund | $20.2M | 1 | 0% | no | ||
| Mar 8, 2018 | Venture Capital Fund | $19.0M | 1 | $1.0M | 0% | no | |
| Mar 28, 2018 | Venture Capital Fund | $19.0M | 1 | $1.0M | 0% | no | |
| Apr 24, 2018 | Venture Capital Fund | $19.0M | 1 | $1.0M | 0% | no | |
| Mar 19, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Mar 26, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Apr 25, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Aug 13, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Aug 14, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Nov 11, 2019 | Venture Capital Fund | $20.7M | 1 | $1.0M | 0% | no | |
| Mar 19, 2020 | Venture Capital Fund | $19.5M | 1 | $1.0M | 0% | no | |
| Mar 29, 2021 | Venture Capital Fund | $14.5M | 1 | $1.0M | 0% | no | |
| Oct 1, 2021 | Venture Capital Fund | $14.5M | 1 | $1.0M | 0% | no | |
| Oct 1, 2021 | Venture Capital Fund | $14.5M | 1 | $1.0M | 0% | no | |
| Jun 28, 2022 | Venture Capital Fund | $17.6M | 1 | $1.0M | 0% | no | |
| May 4, 2023 | Venture Capital Fund | $17.6M | 1 | $1.0M | 0% | no | |
| May 4, 2023 | Venture Capital Fund | $17.6M | 1 | $1.0M | 0% | no | |
| Jun 29, 2023 | Venture Capital Fund | $8.9M | 1 | $1.0M | 0% | no | |
| Sep 11, 2023 | Venture Capital Fund | $8.9M | 1 | $1.0M | 0% | no | |
| Jan 18, 2024 | Venture Capital Fund | $8.9M | 1 | $1.0M | 0% | no | |
| Jan 25, 2024 | Venture Capital Fund | $8.9M | 1 | $1.0M | 0% | no | |
| Jun 28, 2024 | Venture Capital Fund | $8.8M | 1 | $1.0M | 0% | yes | |
| Jul 30, 2024 | Venture Capital Fund | $8.8M | 1 | $1.0M | 0% | yes | |
| Jul 30, 2026 | Venture Capital Fund | $2.8M | 1 | $1.0M | 0% |
Principals and agents
5 principals on Form D, 0 placement agents
- Montagu Newhall Associates, Inc. Director
- C. Ashton Newhall Executive Officer
- James Ashton Lim Executive Officer
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorEY · NEW YORK, New York, United StatesForm ADV filed Jul 30, 2026 reports.adviserinfo.sec.gov
- AdministratorVIRIDIS FUND SOLUTIONS · OWINGS MILLS, Maryland, United StatesForm ADV filed Jul 30, 2026 reports.adviserinfo.sec.gov
- CustodianSilicon Valley Bank · SANTA CLARA, California, United StatesForm ADV filed Jul 30, 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
2 events
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 8, 2010 Fact Form D
- Form D fund type: Private Equity Fund Mar 8, 2010 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 8, 2010 Fact Form D
- Amendment: false Mar 8, 2010 Fact Form D
- Revenue range (Form D): Not Applicable Mar 8, 2010 Fact Form D
- Incorporated: withinFiveYears Mar 8, 2010 Fact Form D
- Jurisdiction: Delaware Mar 8, 2010 Fact Form D
- Amount sold (Form D): $12.5M Mar 8, 2010 Fact Form D
- Offering amount (Form D): $12.5M Mar 8, 2010 Fact Form D
- Exemptions: 06, 3C, 3C.1, 3C.7 Mar 8, 2010 Fact Form D
- First sale: 2010-02-22 Mar 8, 2010 Fact Form D
- Investors (Form D): 1 Mar 8, 2010 Fact Form D
- Minimum investment (Form D): 0 Mar 8, 2010 Fact Form D
- Securities offered: pooled Mar 8, 2010 Fact Form D
- Office address: Mar 8, 2010 Fact Form D
- Year of incorporation: 2010 Mar 8, 2010 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Stepstone Vc Ba Spv, L.P. 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.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Record history
2 dated events on the change ledger, latest event first
- Fund first reported on ADV2012-03-30source on record
- Form D filed2010-03-08source 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.