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 / Stepstone Vc Secondaries Fund II, L.P.

Stepstone Vc Secondaries Fund II, L.P.

HarvestUnknownFundADV: Venture Capital FundStepstone Group LPDelaware

Amounts, each with its basis

Vintage: 2015basis: 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: $200Mwhat may be sold, not what was raised; file 021-253687, sworn by the adviser or filed under this vehicle
Form D sold: $187Mas of the filing of Apr 19, 2016, 66 investors
First sale: Dec 24, 2015
Reported GAV: $76.6Mon the Form ADV filed Jul 30, 2024; the fund's assets, never its size or dry powder
Owners (ADV): 81
Reported on ADV: Jun 28, 2022 to Jul 30, 2024

Fundraising evidence

Unknown

latest Form D 2016-04-19, older than 15 months (fr-1)

evidence dated Apr 19, 2016. 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

Harvest

vintage over 7 years, still reported

age years: 11first sale: 2015-12-24vintage year: $2,015adv gav as of: 2024-07-30vintage basis: form_d_first_saleform d sold usd: $187Mform d offering usd: $200Mform d latest filed at: 2016-04-19

The fund's own reporting through time

28 Form ADV filings

Filed	Type	Gross asset value	Owners	Min. investment	Adviser-owned	Audit
Mar 30, 2016	Venture Capital Fund	$46.3M	31	$1.0M	2%	no
Apr 28, 2016	Venture Capital Fund	$46.3M	31	$1.0M	2%	no
Mar 9, 2017	Venture Capital Fund	$205M	31	$1.0M	2%	yes
Mar 28, 2017	Venture Capital Fund	$205M	31	$1.0M	2%	yes
Apr 30, 2017	Venture Capital Fund	$205M	31	$1.0M	2%	yes
Aug 17, 2017	Venture Capital Fund	$205M	31	$1.0M	2%	yes
Mar 8, 2018	Venture Capital Fund	$220M	81	$60,000	2%	yes
Mar 28, 2018	Venture Capital Fund	$220M	81	$60,000	2%	yes
Apr 24, 2018	Venture Capital Fund	$220M	81	$60,000	2%	yes
Mar 19, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Mar 26, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Apr 25, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Aug 13, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Aug 14, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Nov 11, 2019	Venture Capital Fund	$339M	81	$60,000	2%	yes
Mar 19, 2020	Venture Capital Fund	$300M	81	$60,000	2%	yes
Mar 29, 2021	Venture Capital Fund	$357M	81	$60,000	2%	yes
Oct 1, 2021	Venture Capital Fund	$357M	81	$60,000	2%	yes
Oct 1, 2021	Venture Capital Fund	$357M	81	$60,000	2%	yes
Jun 28, 2022	Venture Capital Fund	$189M	81	$60,000	2%	yes
May 4, 2023	Venture Capital Fund	$189M	81	$60,000	2%	yes
May 4, 2023	Venture Capital Fund	$189M	81	$60,000	2%	yes
Jun 29, 2023	Venture Capital Fund	$87.0M	81	$60,000	2%	yes
Sep 11, 2023	Venture Capital Fund	$87.0M	81	$60,000	2%	yes
Jan 18, 2024	Venture Capital Fund	$87.0M	81	$60,000	2%	yes
Jan 25, 2024	Venture Capital Fund	$87.0M	81	$60,000	2%	yes
Jun 28, 2024	Venture Capital Fund	$76.6M	81	$60,000	2%	yes
Jul 30, 2024	Venture Capital Fund	$76.6M	81	$60,000	2%	yes

Principals and agents

7 principals on Form D, 3 placement agents

James Ashton Lim Director
Eric Ashton Thompson Executive Officer
C. Ashton Newhall Director
Greenspring Secondaries General Partner II, L.P. Director
Greenspring Secondaries GP II, LLC Director
Greenspring Associates, L.P. Director
Lindsay Ashton Redfield Executive Officer
PTP Securities, LLC placement agent
Diversus Investment Advisers Pty Ltd. placement agent
VCP Advisors LLC placement agent

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

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

Apr 19, 2016
Greenspring Secondaries Fund II, L.P. filed Form D/A: $187,235,000 sold of $200,000,000, Private Equity Fund
Form D filed Fact SEC EDGAR Form D data sets (quarterly)
Mar 30, 2016
Greenspring Secondaries Fund II, L.P. first reported on Form ADV by Greenspring Associates, Inc. (Venture Capital Fund), GAV $46,323,999
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)
Dec 23, 2015
Greenspring Secondaries Fund II, L.P. filed Form D: no sales yet of $100,000,000, Private Equity Fund
Form D filed Fact SEC EDGAR Form D data sets (quarterly)

Evidence

31 observations

Every observation on this vehicle

Entity type: Limited Partnership Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Entity type: Limited Partnership Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Form D fund type: Private Equity Fund Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Form D fund type: Private Equity Fund Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Form D industry group: Pooled Investment Fund Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Form D industry group: Pooled Investment Fund Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Amendment: true Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Amendment: false Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Revenue range (Form D): Not Applicable Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Revenue range (Form D): Not Applicable Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Incorporated: withinFiveYears Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Incorporated: withinFiveYears Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Jurisdiction: DELAWARE Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Jurisdiction: DELAWARE Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Amount sold (Form D): $187M Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Amount sold (Form D): $0 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Offering amount (Form D): $200M Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Offering amount (Form D): $100M Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Exemptions: 06b, 3C, 3C.7 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Exemptions: 06b, 3C, 3C.7 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
First sale: 2015-12-24 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Investors (Form D): 66 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Investors (Form D): 0 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Minimum investment (Form D): 60,000 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Minimum investment (Form D): 0 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Securities offered: pooled Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Securities offered: pooled Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Office address: 100 PAINTERS MILL ROAD, OWINGS MILLS, MD, 21117 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Office address: 100 PAINTERS MILL ROAD, OWINGS MILLS, MD, 21117 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)
Year of incorporation: 2015 Apr 19, 2016 Fact SEC EDGAR Form D data sets (quarterly)
Year of incorporation: 2015 Dec 23, 2015 Fact SEC EDGAR Form D data sets (quarterly)