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 / Meritage Faction Spv, LLC
Meritage Faction Spv, LLC
Amounts, each with its basis
- Vintage
- 2020basis: adv first reported
- 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
- unknownwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-332179
- Form D sold
- unknown
- First sale
- unknown
- Reported GAV
- $19.3Mon the Form ADV filed Mar 21, 2023; the fund's assets, never its size or dry powder
- Owners (ADV)
- 18
- Reported on ADV
- Mar 10, 2020 to Mar 21, 2023no longer reported: wound down, transferred or renamed
Fundraising evidence
Unknown
no Form D or close on record (fr-1)
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
Wound down
dropped from Form ADV while the adviser kept filing
last reported: n/a
The fund's own reporting through time
4 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 10, 2020 | Venture Capital Fund | $4.1M | 18 | $3,000 | 36% | no | |
| Mar 23, 2021 | Venture Capital Fund | $19.2M | 18 | $3,000 | 2% | no | |
| Mar 28, 2022 | Venture Capital Fund | $26.2M | 18 | $3,000 | 2% | no | |
| Mar 21, 2023 | Venture Capital Fund | $19.3M | 18 | $3,000 | 2% | no |
Principals and agents
0 principals on Form D, 0 placement agents
No Form D related person on record.
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
- Mar 8, 2024Meritage Faction Spv, LLC no longer reported on Form ADV by Meritage Holdings, LLCFund no longer reported Inference SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 10, 2020Meritage Faction Spv, LLC first reported on Form ADV by Meritage Holdings, LLC (Venture Capital Fund), GAV $4,143,561Fund 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
0 observations