DFX Intelligence
Flagship Pioneering Fund Viii, L.P.
As of · the latest observation of this vehicle; each figure below carries its own filing date
- Vintage
- 2023
- Form D sold
- $2.6B
- Reported gross assets
- $2.5B
Form ADV, Mar 31, 2026
Active deploymentClosed to new capitalADV: Venture Capital Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
What matters now
- +68%reported GAV
Reported gross assets rose from $1.46B to $2.45B between the Form ADV filings of 29 Mar 2024 and 31 Mar 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
- 2023basis: 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
- $2.6Bwhat may be sold, not what was raised; file 021-498391, sworn by the adviser or filed under this vehicle
- Form D sold
- $2.6Bas of the filing of Nov 29, 2024, 109 investors
- First sale
- Nov 30, 2023
- Reported GAV
- $2.5Bon the Form ADV filed Mar 31, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 108
- Reported on ADV
- Mar 29, 2024 to Mar 31, 2026
Fundraising evidenceWhat 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 2024-11-29: the stated $2.6bn offering reported fully sold (fr-1)
evidence dated Nov 29, 2024.
LifecycleActive deployment
vintage 2 to 4 years
age years: 3first sale: Nov 30, 2023vintage year: 2023adv gav as of: Mar 31, 2026vintage basis: Form d first saleform d sold: $2.6Bform d offering: $2.6Bform d latest filed at: Nov 29, 2024
The fund's own reporting through time
2 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2024 | Venture Capital Fund | $1.5B | 69 | $500,000 | 7% | yes | |
| Mar 31, 2026 | Venture Capital Fund | $2.5B | 108 | $200,000 | 5% |
Principals and agents
2 principals on Form D, 0 placement agents
- Flagship Pioneering Fund VIII General Partner LLC Executive Officer
- Noubar B. Afeyan, PH.D. Executive Officer
Service providers
3 named on Form ADV Schedule D and Form D
- AuditorEY · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2025 reports.adviserinfo.sec.gov
- CustodianBank of America · CHARLOTTE, North Carolina, United StatesForm ADV filed Mar 31, 2025 reports.adviserinfo.sec.gov
- CustodianJPMorgan · BOSTON, Massachusetts, United StatesForm ADV filed Mar 31, 2025 reports.adviserinfo.sec.gov
Limited partners and their reported performanceWhose 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 allocatorsWhat 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.
3 relationships, public pensions and the allocator graph, each counted once
| Allocator | Type | Amount | Date | Source |
|---|---|---|---|---|
| Texas Municipal Retirement System | STATE RETIREMENT SYSTEM | $75.0M committed | committed Feb 24, 2024 | Fact Board minutes |
| Klarman Family Foundation | FOUNDATION | $177,867 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
| Dave and Cheryl Duffield Foundation | FOUNDATION | $355,736 fair value on the foundation's return | reported as of Dec 31, 2024 | Fact IRS Form 990 / 990-PF e-file returns |
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
- Nov 29, 2024Flagship Pioneering Fund VIII, L.P. filed Form D/A: $2,590,563,688 sold of $2,590,563,688, Venture Capital FundForm D filed Fact Form D
- Mar 29, 2024Flagship Pioneering Fund Viii, L.P. first reported on Form ADV by Flagship Pioneering, Inc. (Venture Capital Fund), GAV $1,460,070,000Fund first reported on Form ADV Fact Form ADV
- Nov 29, 2023Flagship Pioneering Fund VIII, L.P. filed Form D: no sales yet of $3,000,000,000, Venture Capital FundForm D filed Fact Form D
Evidence
31 observations
Every observation on this vehicle
- Entity type: Limited Partnership Nov 29, 2024 Fact Form D
- Entity type: Limited Partnership Nov 29, 2023 Fact Form D
- Form D fund type: Venture Capital Fund Nov 29, 2024 Fact Form D
- Form D fund type: Venture Capital Fund Nov 29, 2023 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 29, 2024 Fact Form D
- Form D industry group: Pooled Investment Fund Nov 29, 2023 Fact Form D
- Amendment: true Nov 29, 2024 Fact Form D
- Amendment: false Nov 29, 2023 Fact Form D
- Revenue range (Form D): Not Applicable Nov 29, 2024 Fact Form D
- Revenue range (Form D): Not Applicable Nov 29, 2023 Fact Form D
- Incorporated: withinFiveYears Nov 29, 2024 Fact Form D
- Incorporated: withinFiveYears Nov 29, 2023 Fact Form D
- Jurisdiction: Delaware Nov 29, 2024 Fact Form D
- Jurisdiction: Delaware Nov 29, 2023 Fact Form D
- Amount sold (Form D): $2.6B Nov 29, 2024 Fact Form D
- Amount sold (Form D): $0 Nov 29, 2023 Fact Form D
- Offering amount (Form D): $2.6B Nov 29, 2024 Fact Form D
- Offering amount (Form D): $3.0B Nov 29, 2023 Fact Form D
- Exemptions: 06c, 3C, 3C.7 Nov 29, 2024 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Nov 29, 2023 Fact Form D
- First sale: 2023-11-30 Nov 29, 2024 Fact Form D
- Investors (Form D): 109 Nov 29, 2024 Fact Form D
- Investors (Form D): 0 Nov 29, 2023 Fact Form D
- Minimum investment (Form D): 200,000 Nov 29, 2024 Fact Form D
- Minimum investment (Form D): 0 Nov 29, 2023 Fact Form D
- Securities offered: pooled Nov 29, 2024 Fact Form D
- Securities offered: pooled Nov 29, 2023 Fact Form D
- Office address: Nov 29, 2024 Fact Form D
- Office address: Nov 29, 2023 Fact Form D
- Year of incorporation: 2023 Nov 29, 2024 Fact Form D
- Year of incorporation: 2023 Nov 29, 2023 Fact Form D
Relationships across DFX
on 2 other DFX graphs
Across the graphs
Flagship Pioneering Fund Viii, L.P. is the same institution as 2 records in Allocators and RIA and Wealth.
Allocators1RIA and Wealth1
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and what the two were joined on.
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Record history
3 dated events on the change ledger, latest first
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.