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.

The names on this page are hidden. Create a free account and they fill in. No card, and every figure, date and source on this page is public either way.

Funds / D••• P••••••• I••• L•••

D••• P••••••• I••• L•••

Active deploymentUnknownFundADV: Venture Capital FundD••• P••••••• M••••••••• L••Delaware
Amounts, each with its basis
Vintage
2022basis: 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
$300Mwhat may be sold, not what was raised; file 021-418227, sworn by the adviser or filed under this vehicle
Form D sold
$0as of the filing of Oct 22, 2021
First sale
unknown
Reported GAV
$26.3Mon the Form ADV filed Mar 7, 2024; the fund's assets, never its size or dry powder
Owners (ADV)
37
Reported on ADV
Mar 10, 2022 to Mar 7, 2024
Fundraising evidence
Unknown
latest Form D 2021-10-22, older than 15 months (fr-1)
evidence dated Oct 22, 2021. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: n/avintage year: $2,022adv gav as of: 2024-03-07vintage basis: adv_first_reportedform d sold usd: 0form d offering usd: $300Mform d latest filed at: 2021-10-22
The fund's own reporting through time
3 Form ADV filings
FiledTypeGross asset value OwnersMin. investmentAdviser-ownedAudit
Mar 10, 2022Venture Capital Fund$223M
342%yes
Mar 16, 2023Venture Capital Fund$227M
372%yes
Mar 7, 2024Venture Capital Fund$26.3M
372%yes
Principals and agents
2 principals on Form D, 0 placement agents
Limited partners and their reported performance
2 public LP reports
LPVintage (LP’s)CommittedPaid inDistributedRemaining valueNet IRRMultipleAs of
L•• A•••••• C••• E••••••••• R••••••••• S••••• lacers.org2021$20.0M$10.5Mn/a$9.7M-5.0%0.9xDec 31, 2025
L•• A•••••• C••• E••••••••• R••••••••• S••••• lacers.org2021$20.0Mn/an/an/anot meaningful yetunknownOct 21, 2021

Each 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).

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
4 events
  1. Dec 31, 2025
    LACERS reports D••• P••••••• I••: $20,000,000 committed, vintage 2021, net IRR -5.0%, 0.93x
    LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
  2. Mar 10, 2022
    D••• P••••••• I••• L••• first reported on Form ADV by D••• P••••••• M••••••••• L•• (Venture Capital Fund), GAV $222,984,693
    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)
  3. Oct 22, 2021
    D••• P••••••• I••• L••• filed Form D: no sales yet of $300,000,000, Venture Capital Fund
    Form D filed Fact SEC EDGAR Form D data sets (quarterly)
  4. Oct 21, 2021
    LACERS commits $20,000,000 to D••• P••••••• I•• (D••• Partners Management), closed 2021-10-21, existing relationship
    LP commitment closed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
Evidence
15 observations
Every observation on this vehicle