DFX Intelligence
Panoramic Annex Fund 4-Qp, LP
As of · the latest observation of this vehicle; each figure below carries its own filing date
MatureClosed to new capitalADV: Private Equity Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
4 additional principals
Every relationship, signal and contact on this record, with the source on each.
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Nothing material in the last 365 days. Last change: 14 Mar 2023, Latest Form D filed on 14 Mar 2023: $28.9M sold of $28.9M offered, 142 investors. A Form D amount is what was sold at the filing, never a final close.
Drawing the relationship network…
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
- $28.9Mwhat may be sold, not what was raised; file 021-475823, sworn by the adviser or filed under this vehicle
- Form D sold
- $28.9Mas of the filing of Mar 14, 2023, 142 investors
- First sale
- Sep 1, 2021
- Reported GAV
- $23.7Mon the Form ADV filed Mar 25, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 116
- Reported on ADV
- Mar 30, 2022 to Mar 25, 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 2023-03-14: the stated $28.9M offering reported fully sold (fr-1)
evidence dated Mar 14, 2023.
Lifecycle
Mature
Lifecycle
vintage 4 to 7 years
age years: 5first sale: Sep 1, 2021vintage year: 2021adv gav as of: Mar 25, 2026vintage basis: Form d first saleform d sold: $28.9Mform d offering: $28.9Mform d latest filed at: Mar 14, 2023
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2022 | Private Equity Fund | $13.3M | 123 | $250,000 | 6% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $33.7M | 115 | $250,000 | 8% | yes | |
| Jul 21, 2023 | Venture Capital Fund | $33.7M | 115 | $250,000 | 8% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $26.1M | 114 | $250,000 | 8% | yes | |
| Mar 25, 2026 | Private Equity Fund | $23.7M | 116 | $125,000 | 8% |
Principals and agents
7 principals on Form D, 0 placement agents
- . BIP Capital Equity Partners IV, LLC Executive Officer
- Paul Iaffaldano Executive Officer
- DAN Drechsel Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorBENNETT THRASHER PC · ATLANTA, Georgia, United StatesForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- CustodianSOUTHSTATE BANK · WINTER HAVEN, Florida, United StatesForm ADV filed Mar 25, 2026 reports.adviserinfo.sec.gov
- MarketerFRONTIER SOLUTIONS, LLC · RICHMOND, Virginia, United StatesForm ADV filed Mar 25, 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
3 events
- Mar 29, 2024Custodian changed: INSPIRA FINANCIAL, SOUTHSTATE BANK replaced MILLENNIUM TRUST COMPANY, SIGNATURE BANK, first reported on the Form ADV filed March 29, 2024 (previous filing July 21, 2023)Custodian changed Fact Form ADV
- Mar 14, 2023Panoramic Annex Fund 4-QP, LP filed Form D: $28,905,000 sold of $28,905,000, Private Equity FundForm D filed Fact Form D
- Mar 30, 2022Panoramic Annex Fund 4-Qp, LP first reported on Form ADV by BIP Capital (Private Equity Fund), GAV $13,250,897Fund first reported on Form ADV Fact Form ADV
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Mar 14, 2023 Fact Form D
- Form D fund type: Private Equity Fund Mar 14, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Mar 14, 2023 Fact Form D
- Amendment: false Mar 14, 2023 Fact Form D
- Revenue range (Form D): Decline to Disclose Mar 14, 2023 Fact Form D
- Incorporated: withinFiveYears Mar 14, 2023 Fact Form D
- Jurisdiction: Delaware Mar 14, 2023 Fact Form D
- Amount sold (Form D): $28.9M Mar 14, 2023 Fact Form D
- Offering amount (Form D): $28.9M Mar 14, 2023 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Mar 14, 2023 Fact Form D
- First sale: 2021-09-01 Mar 14, 2023 Fact Form D
- Investors (Form D): 142 Mar 14, 2023 Fact Form D
- Minimum investment (Form D): 125,000 Mar 14, 2023 Fact Form D
- Securities offered: Equity, pooled Mar 14, 2023 Fact Form D
- Office address: Mar 14, 2023 Fact Form D
- Year of incorporation: 2021 Mar 14, 2023 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Panoramic Annex Fund 4-Qp, LP 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.
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Record history
2 dated events on the change ledger, latest event first
- Form D filed2023-03-14source on record
- Fund first reported on ADV2022-03-30source 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.